Doing Business
China unveiled on Monday a new package of measures to make tax refunds easier for foreign visitors.
China made significant progress in enhancing the business environment in 2024, according to a report on China's business environment development.
China has introduced a new policy that enables foreign visitors to claim departure tax refunds for purchases as low as 200 yuan ($27) per day at the same store.
Chinese authorities recently released revised rules on foreign investors' strategic investment in listed companies in a move to encourage foreign investors to make long-term and value investments in the country.
The central government has published a wide-ranging policy document to facilitate the green transformation of China's mammoth manufacturing sector.
China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment.
The General Administration of Customs has introduced 16 reform measures to foster the high-quality development of processing trade by tackling the challenges and issues that hinder its growth, said an official on Tuesday.
