China has long been among the top global destinations for investment but foreign enthusiasm is cooling. Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less…
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China temporarily waives taxes to get foreign firms to stay
The new incentives for foreign business to keep their earnings in China follow the passing last week of a corporate tax overhaul in the United States. The US reform will lower the tax rate for…
Air China will become international passengers’ first choice for border crossings
This policy will be a strong driver for the tourism and aviation industry throughout the Beijing-Tianjin-Hebei Region. Air China Limited (“Air China”) will actively facilitate the new visa-free transit policy. Putting the needs of connecting…
Beijing phases out over 4,450 coal-fired stoves in 2017
Beijing phased out more than 4,450 coal-fired stoves in 2017, reducing the capital city’s coal consumption by nearly 3 million tonnes, local authorities said Friday. The move also reduced emissions of 5,500 tonnes of smoke…
A new report reveals China-backed developers are behind the Adelaide apartment boom
The report from property group Colliers International and the Australia China Business Council reveals more than 1600 apartments are under construction in the CBD with an additional 2000 at various stages of the approval process.…
Retrials in 3 property cases ordered
The retrials have shown that the people’s courts around China will further protect people’s property right and create a healthy environment for entrepreneurs so they can play a more important role in society, according to…
China’s drinking habits are changing, and that’s a big opportunity for beverage makers
Corona and Stella Artois, classified as “super premium” brands by the company, have recorded double-digit growth since they were launched in 2014, CEO Carlos Brito told CNBC recently. China’s first brewery was founded in Harbin…
Beijing opens 3 new subway lines
Beijing will further expand its subway system with the opening of three new lines on Saturday. The two high-tech lines and one conventional tram will bring the number of lines in the capital to 22,…
Beijing’s Migrant Eviction Frenzy Spills Over to Hebei
A controversial Beijing crackdown on unsafe rental homes that has mostly affected out-of-town workers has spread beyond its borders to a neighboring small town home to thousands of low-income migrants working in the capital. Short…
Beijing to loosen restrictions on foreign investments
Beijing will open up its service industry in accordance with the decision made by the State Council earlier this month. Shen Jinsheng, deputy director of Beijing Municipal Commission of Commerce, said during a news conference…
Visa-free stay in Beijing area doubled
Travelers apply for up to 144-hour visa-free entry at Beijing Capital International Airport on Thursday. The entry also can be used to visit Tianjin and Hebei province. ZOU HONG / CHINA DAILY Nationals from 53…
Tencent videos liven up IKEA stores in Beijing by bringing “More Possibilities for Happiness” to life
BEIJING, Dec. 27, 2017 — Tencent Video and IKEA in Beijing have launched a joint promotion themed “More Possibilities for Happiness” for the festival season from Dec 20 to Jan 8. Tencent’s Baby Gimme a…
North Korea: Trump accuses China of allowing oil transfers
China earlier denied there had been any breaking of UN oil sanctions … port access to four more North Korean ships suspected of carrying banned goods, AFP news agency reported. It would bring the total…
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