Foreign Direct Investment in China Handbook 2024

Recently, Sinobravo has fully updated and released the Foreign Direct Investment in China Handbook 2024 (hereinafter referred to as the "Handbook"), aiming to assist foreign investors in entering the Chinese market and promoting sustainable business growth.

About the Handbook

In 2023, Sinobravo, in collaboration with Wolters Kluwer, successfully held the online launch event of "Compliance Essentials for Foreign Enterprises Operating in China and the 2023 FDI Handbook Launch", which attracted more than one thousand of viewers to listen in the "cloud," demonstrating the post-pandemic enthusiasm for foreign direct investment in China.

Over the past year, the attractiveness of the Chinese market to foreign capital has grown day by day. According to data from the Ministry of Commerce, from January to July 2024, nearly 32,000 new foreign-funded enterprises were established nationwide, a year-on-year increase of 11.4%, continuing the trend of rapid growth in the establishment of new foreign-funded enterprises since 2023.

The continuous influx of foreign capital is due to the increasing openness of relevant laws and regulations. For instance, on September 8, 2024, the National Development and Reform Commission and the Ministry of Commerce issued the "Special Administrative Measures for the Access of Foreign Investment (Negative List) (2024 Edition)" (hereinafter referred to as the "Negative List"). With the release of the "Negative List," policies expanding the opening up of the medical field have been released, and the next anticipated development is the introduction of relevant pilot programs expanding the opening up of value-added telecommunications services.

New regulations emerge, and openness accelerates. Against this backdrop, Sinobravo has comprehensively, meticulously, and systematically updated the content based on the Foreign Direct Investment in China 2023, in conjunction with changes in laws and regulations related to foreign investment over the past year.

Highlights

The new Handbook, spanning 9 chapters and 86 pages, provides a detailed introduction and professional analysis of FDI from various dimensions such as policy, law, finance, and compliance, showcasing the following highlights:

Comprehensive Coverage: It covers changes in the business environment for foreign enterprises in China, comprehensive considerations before investment landing, maintenance after the establishment of foreign enterprises, paths for foreign capital exit from China, compliance with foreign exchange, finance, and human resources, as well as intellectual property protection and data compliance and cross-border data flows, which are of the utmost concern to foreign enterprises at present.

Innovative Content: Since the release of the 2023 edition of the Handbook, the significant legal and regulatory changes, policy shifts, practical experiences, and relevant data regarding China's foreign investment have been fully updated and supplemented to ensure the continuity and timeliness of the information provided in the new Handbook.

Bilingual Edition: Building on the Chinese version of the 2023 Handbook, the new Handbook has made further progress by introducing a new bilingual Chinese-English version. With the bilingual feature, the new Handbook will be more user-friendly and convenient, providing greater assistance to foreign investment enterprise practitioners and related readers.

Professional Inclusion: Given its professional content, the new Handbook will be included in the "Practice Guide" module of Wolters Kluwer's tax and accounting database, one of the world's largest providers of tax, accounting, and audit information, solutions, and services, for reference and use by more foreign investment enterprises and professionals.

If you have any specific questions related to Foreign Direct Investment (FDI) in China, please feel free to contact our professionals.

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