Collective land may directly enter the market for commercial land use purposes, registration procedures for foreign-invested for-profit non-curricular language training institutions are clarified and parallel import of automobiles is further relaxed.
Beijing has announced its plan for wide-ranging legal, financial, and social reforms to be implemented in Shenzhen to make it an example for other Chinese cities
China announces six new FTZs targeting poorer regions and Belt and Road cooperation; central bank unveils three-year fintech development plan to accelerate innovation while curbing risks; new report warns foreign companies about corporate social credit's potential impact; and SAFE relaxes foreign currency conversion requirements across Shenzhen
Foreign insurers are encouraged to participate in the country's emerging private pensions sector as the state pension fund is heading towards a $1.6 trillion gap over the next 30 years.
China-U.S. trade war further escalates with latest retaliatory tariff hikes from both sides; Chinese outbound M&A continues downward spiral amid trade war and heightened regulatory scrutiny; Goldman Sachs set to take majority control of Chinese securities JV; and Beijing to trial foreign investment in VPN services by the end of the year
