Published in China News on 01.06.2026
In a significant shift toward economic reorientation, China has set its official GDP growth target for 2026 at a range of 4.5% to 5%. The target, announced by Premier Li Qiang during the opening of the annual “Two Sessions” on March 5, 2026, signals Beijing’s shift away from rigid, rapid expansion in favour of high-quality development and economic resilience.
Published in China News on 18.05.2026
Following the adoption of the 15th Five-Year Plan (15FYP) at the 2026 National People’s Congress, the European Union Chamber of Commerce in China has released its official statement on the road map that will shape the country’s economic landscape through 2030.
While the Chamber welcomes the plan’s focus on market opening and “national treatment” for foreign companies, it remains sceptical of China’s increased shift toward total self-sufficiency.
Published in China News on 13.05.2024
The European Union Chamber of Commerce in China, in partnership with Roland Berger, released its European Business in China Business Confidence Survey 2024 (BCS). The annual survey shows that despite the re-opening of China’s borders in early 2023, business confidence in the market continued on a downward trend.
Published in China News on 30.10.2023
Employees can anticipate an extended Chinese New Year holiday of up to eight days. The State Council of the People's Republic of China has published the public holidays calendar for 2024.
Published in China News on 01.11.2023
Effective today, November 1, 2023 (Wednesday), individuals travelling to or from Mainland China will no longer be obligated to complete the Mainland China health declaration form, as officially announced by China Customs. This decision marks the removal of all travel restrictions related to COVID-19.
Published in China News on 09.10.2023
Recently, Guangdong released the latest edition of Invest Guangdong, an annual foreign investment guidebook, presenting a market-oriented, law-based and internationalized business environment and inviting global investors to share business opportunities.
Published in China News on 21.09.2023
In the last couple of months, the news from and or about China was not very favourable. Too many voices, and too many opinions but no clear picture as to how to keep the business with China going. As a matter of fact, de-coupling from China is no option! But what does China want from us? To provide a clearer picture and some guidance the European Chamber of Commerce in China has released its European Business in China Position Paper 2023/2024 (Position Paper 2023/2024), shedding light on the perplexing messages emanating from Chinese authorities. This contradictory messaging has left European businesses uncertain about the nature of China's desired relationship with them.
Published in China News on 17.03.2021
According to the Commissioner's Office of China's Foreign Ministry in the Hong Kong S.A.R, starting March 15, 2021, travelers who have received Chinese COVID-19 vaccines (Sinovac) and obtained the vaccination certificate will enjoy facilitation for visa applications.
Published in China News on 21.01.2021
Due to the recent increase of COVID-19 cases domestically and the coming Chinese New Year holiday, many places in China have tightened local travel policies and are encouraging people to avoid unnecessary travel during the holiday.
Published in China News on 16.12.2020
In order to enter China at present, a self-employed person needs a valid M visa. This visa is valid in most cases 180 days and is issued primarily to entrepreneurs who want to pursue economic or commercial activities. Such as visiting clients, factories or trade fairs.
It is also possible to enter most provinces with a Z-VISA. These are issued to employees and are valid for 30 days. Within these 30 days, the worker must apply for a work and residence permit, which is usually a formality. This permit must be valid for at least 90 days and can be valid for a maximum of 5 years.
Published in China News on 09.12.2020
In order to sell products commercially on the Chinese market, many products require mandatory CCC certification.
The requirement and the certification itself are comparable with the CE marking in the European Economic Area (EEA), both certifications indicate that the product fulfills all health and safety requirements.
Published in China News on 31.03.2020
The COVID-19 pandemic has hit the business world in an unprecedented scale and speed. It has caused the closures of business, the stoppage of factory outputs, and the disruption to global manufacturing industries and their supply networks.
Published in China News on 14.08.2019
China’s economic growth is moderating and is projected to be 6.2 percent in 2019. In its latest annual assessment of China’s economy, the IMF found the quality of growth had improved in three ways in 2018. First, the pace of debt accumulation had slowed. Second, the financial system is better regulated and supervised. Finally, the current account surplus is no longer excessive. But trade tensions cloud the outlook, and reforms need to deepen if this progress is to be continued.
Published in China News on 29.07.2019
The re-emergence of Asia is among the most important shifts that will occur in our lifetimes. Next year, in purchasing power parity (PPP) terms, Asian economies will become larger than the rest of the world combined for the first time since the 19th century. Not only is Asia growing richer; as it becomes more integrated, it is also coalescing as a constructive force for global governance.
Published in China News on 10.07.2019
The changes China’s economy has undergone over the last decade are sweeping, unprecedented, and essential. The world would be far better served by an effort to understand them than by attempting to prove that the country’s achievements are less impressive than they are.
