China has relaxed its restrictions on preliminary expense remittance in outbound direct investment projects, as part of its reform efforts to facilitate cross-border investment, the State Administration of Foreign Exchange said.
Chinese authorities have unveiled a raft of measures to strengthen financial services for private companies as part of efforts to help spur their growth.
China decided to offer visa-free entry to travelers holding ordinary passports from France, Germany, Italy, the Netherlands, Spain and Malaysia from December 1, 2023, to November 30, 2024.
Known for its progressive market policies, Shanghai has been taking steps to enhance its modern service industry and promote a more open and accessible trade sector.
China's 72-hour and 144-hour visa-free transit policies have been extended to visitors from 54 countries, with Norway being the latest addition to the list, an official from the National Immigration Administration said on Friday.
The Foreign Ministry said on Monday that China will continue to improve its visa policies and actively create more favorable conditions to boost cross-border travel.
Chinese and expat professionals holding certain overseas occupational qualifications will be prioritized in receiving support, including obtaining work permits and adequate housing in Shanghai, in the latest effort announced by the city on Wednesday to attract talent from around the world to further boost its vitality.
A new version of the Foreign Permanent Resident ID Card will be officially launched and issued on Dec 1.
