China Post Tracking

China Post Tracking and Overall Postal Service in China

China Post Tracking

China Post Tracking

In the People’s Republic of China (PRC) the official postal service is China Post, providing international domestic and domestic mail and parcel services. In the time of dot-com huge amount parcels and packages are transported.

Most common means are:

  • By ground transportation or surface. this can takes from six weeks to ten weeks.
  • By Surface Air Lifted (SAL). Surface based transportation in the receiving and sending country, but by air between countries. Ordinarily this could take two to three weeks.
  • By air, where a package is transported mostly by air. It should arrive within one to two weeks.

China Post Mail: including Small Parcel and Large Package services. Registered mail can be traced through China Post Tracking system.

Express Mail Service:

Express Mail Service mostly referred to by EMS. EMS is an international mail service by China Post offices and others. The maximum weight of an EMS parcel is 40 kg or 88 lb. A delivery of an EMS parcel from China is ordinarily should reach its target country in 7 working days.

China International Express

China International Express Is an alternative service, which is also run by EMS in cooperation with TNT. One can track deliveries with China International Express using the EMS tracking system . An advantage is also that it can reach more location.

Note:
Other international services providers, like Federal Express, UPS, DHL, and TNT, are obviously likewise available. China Post is the most cost-effective international service, but it’s much slower.
For deliveries within China; there are many courier service providers. They are much cheaper the International providers and also fast. However, for delivery outside china they are not so suitable.

China Post Tracking – Tracking Systems:

China Currency

China Currency – What’s different?

China’s Exchange Rate Policy

China Currency

China Currency – CNY RMB

People’s Republic of China (PRC) s exchange rate is managed by the People’s Bank of China (PBoC: China’s Central Bank) controlled the value of the Chinese Yuan (CNY or RMB). The People’s Bank of China fixes the USD to CNY-rate on each trading day. This applies to the exchange rate to trade into and out of China only.

Motives For A Controlled Exchange Rate

Paramount purpose for the PRC to retain the worth of its currency low set against its trade countries and by this achieving the PRC exports at lower cost and therefore more competitive. People’s Republic of China’s development hinge on large degree on exports. Additionally, a constant exchange rate removes the exchange rate insecurity for PRC exporting and importing Companies, as for their trading partners.

Disadvantage of a fixed exchange rate policy

People’s Republic of China’s financial marketplaces therefore comparatively impervious. Investments into PRC’s can merely be completed by following many strict regulations and numerous requirements.

Fixing an exchange rate can be managed, if the People’s Bank of China prepared to interchange Chinese Yuan for USD and back at the publicized rate. When a Chinese exporting Company receives USDs in return for products, then the USDs are changed into Chinese Yuan. Consequence this requires for Chinese Yuan and the source of USDs. So in principle the USD need to lose value i against the Chinese Yuan.

To counterbalance of the mounting pressure this gives on the CNY, People’s Bank of China must sells CNY in interchange for USDs. In so doing, the Central Bank of China gathers foreign reserves. Unluckily, these foreign reserves naturally have quite low yields, particularly looking at the earnings on Chinese investments.

When controlling the exchange rate includes selling Chinese Yuan to regulate upward trends, then consequently, there is an increase the availability of Chinese Yuan in the domestic market. So when added money is available, inflation will increase.

Hefei WFOE Incorporation

Wholly Foreign Owned Enterprise incorporation Hefei – Hefei WFOE Incorporation

Hefei WFOE Incorporation

Hefei WFOE Incorporation

The process of a Hefei WFOE Incorporation is strictly speaking not same as in other locations in China. This is to name a few examples: Some locations are so called pilot-areas where new policies are introduced. Regional different legislation or when the new national policies are introduced they start in one location and get introduced steps by step in different regions. Also in some locations there are local government programs in place to promote and attract foreign investors.
Now in Hefei there is no minimum general registered investment capital required for WFOE’s if have the business scope of consulting, Trading, retailing, and information technology. In China a Certificate Of Incorporation or Business License is limited to a defined scope.

The activities of the Company will be limited to the defined scope of business. Other scope of business still requires registered Capital. Please note, it is still might be a good idea to register investment capital the forming a Company in Hefei because:

  1. To incorporate the Wholly Foreign Owned Enterprise in Hefei more rapidly.
  2. Additional wanted permits may require a registered investment Capital.
  3. Chinese government officials and the companies cooperation partner will may pay attention to register capital which is printed on the Business License.

It is imperative for the Business Scope of Banking, Forwarding, education and many more business ranges to have registered investment capital.

For forming Wholly Foreign Owned Enterprise in Hefei it is suitable to choose registered capital from 100,000 CNY to- 500,000 CNY as the minimum registered capital for the business range of Service WFOE, Consulting WFOE, or Hi-Tech WFOE formation in Hefei.

Optional one can apply for a scheduled payment plan, to pay the registered investment capital to one’s company.
A scheduled payment plan will depend on the local authorities and the total amount to be invested. Any time scale from one to a period up to 10 years is conceivable.

We advocate:

  • Service WFOE, consulting WFOE, Hi-Tec WFOE: 100,000 CNY to 500,000 CNY.
  • For Trading or Manufacturing Hefei WFOE Incorporation least a capital is 500,000 CNY
  • For Food & Beverage WFOE registration in Hefei: 300,000 CNY – 600,000 CNY

Tianjin WFOE Incorporation

Wholly Foreign Owned Enterprise incorporation Tianjin – Tianjin WFOE Incorporation

Tianjin WFOE Incorporation

Tianjin WFOE Incorporation

The process of a Tianjin WFOE Incorporation is strictly speaking not same as in other locations in China. This is to name a few examples: Some locations are so called pilot-areas where new policies are introduced. Regional different legislation or when the new national policies are introduced they start in one location and get introduced steps by step in different regions. Also in some locations there are local government programs in place to promote and attract foreign investors.
Now in Tianjin there is no minimum general registered investment capital required for WFOE’s if have the business scope of consulting, Trading, retailing, and information technology. In China a Certificate Of Incorporation or Business License is limited to a defined scope.

The activities of the Company will be limited to the defined scope of business. Other scope of business still requires registered Capital. Please note, it is still might be a good idea to register investment capital the forming a Company in Tianjin because:

  1. 1. To incorporate the Wholly Foreign Owned Enterprise in Tianjin more rapidly.
  2. 2. Additional wanted permits may require a registered investment Capital.
  3. 3. Chinese government officials and the companies cooperation partner will may pay attention to register capital which is printed on the Business License.

It is imperative for the Business Scope of Banking, Forwarding, education and many more business ranges to have registered investment capital.
For forming Wholly Foreign Owned Enterprise in Tianjin it is suitable to choose registered capital from 100,000 CNY to- 500,000 CNY as the minimum registered capital for the business range of Service WFOE, Consulting WFOE, or Hi-Tech WFOE formation in Tianjin.
Optional one can apply for a scheduled payment plan, to pay the registered investment capital to one’s company.
A scheduled payment plan will depend on the local authorities and the total amount to be invested. Any time scale from one to a period up to 10 years is conceivable.

We advocate:

  • Service WFOE, consulting WFOE, Hi-Tec WFOE: 100,000 CNY to 500,000 CNY.
  • For Trading or Manufacturing Tianjin WFOE Incorporation least a capital is 500,000 CNY
  • For Food & Beverage WFOE registration in Tianjin: 300,000 CNY – 600,000 CNY

China Visa

China Visa – Who Should Have One

You need to hold a China visa except you meet the following visa exemption requirements:

Bilateral Treaties

China Visa

China Visa

In reference to bilateral treaties, citizens of some countries (click here for a complete list) holding correct passports may enter China with no visa.

15 Days stay

Ordinary Passport holders of Singapore, Japan and Brunei may enter China with no visa as long as that they entering the People’s Republic of China (PRC) for business, family visit, tourism, or transit and plan to visit in PRC for no longer than 15 days. Nevertheless, the following peoples of these countries must obtain a China visa in before entering the county if:

  1. If mean to stay longer than 15 days;
  2. If entering the People’s Republic of China (PRC) permanent residence, employment, for study, or on a reporting assignment; also
  3. If holding Japanese diplomatic or a hold a Japanese service official passport is permitted stay in China for no longer than 30 days without a Chinese visa.

Group Tours to Pearl River

Visitors holding ordinary passports of the nation’s having diplomatic relations with China and on a tour to Hong Kong or Macao, and take part in group tours to the Zhu Jiang (Pearl River) Delta Area for a stay of no longer than 6 days if organized by the travel services officially registered in Hong Kong or Macao do not requirement to hold for a China visa. The Zhu Jiang Delta Area refers to the governmental areas of the following cities: Shenzhen, Guangzhou, Foshan, Shenzhen, Dongguan, Zhuhai, Zhongshan, Jiangmen, Zhaoqing, and Huizhou.

Transit through China

Visitors who have confirmed valid tickets and booked seats on international flights and stay for up to 24 hours inside the airport limits do not need to hold a transit visa. Nevertheless, anybody wishing leave beyond the airport limits should acquire permission from the immigration authorities.

72-hour Transit Visa Exemption Program

Citizens from countries with are part of the 72-hour Transit Visa Exemption Program holding valid international traveling documentation and a transit flight ticket with confirmed date and booked flight and seat to a third country traveling before 72 hours are over are entitled to obtain a 72-hour based on transit visa exemption program, at the airports of entry in Shanghai, Beijing, Guangzhou, Chongqing, Chengdu, Shenyang, Dalian and Xi’an, which are:

  • Albania
  • Argentina
  • Australia
  • Austria
  • Belgium
  • Bosnia
  • Brazil
  • Brunei
  • Bulgaria
  • Canada
  • Chile
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Great Britain
  • Greece
  • Herzegovina
  • Hungary
  • Iceland
  • Ireland
  • Italy
  • Japan
  • Latvia
  • Lithuania
  • Luxembourg
  • Macedonia
  • Malta
  • Mexico
  • Montenegro
  • Netherlands
  • New Zealand
  • Poland
  • Portugal
  • Qatar
  • Republic of Korea
  • Romania
  • Russia
  • Serbia
  • Singapore
  • Slovak
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
  • Ukraine
  • United Arab Emirates
  • United States
  • Group Tour

Visitors in possessing ordinary passports of the following 21 countries and on a group tour (minimum of five persons) to Hainan Province for a stay of no longer than 15 days, organized by international travel services provider permitted by the National Tourism Administration of People’s Republic of China and registered in Hainan Province, do not need to hold a China visa:

  • Australia
  • Austria
  • Canada
  • Denmark
  • Finland
  • France
  • Indonesia
  • Italy
  • Kazakhstan
  • Malaysia
  • Netherlands
  • New Zealand
  • Norway
  • Philippines
  • Spain
  • Sweden
  • Switzerland
  • Thailand
  • Ukraine
  • United Kingdom
  • United States of America

Visitors holding ordinary passports of the following three countries and on a group tour (must at lest contain of two persons) to Hainan Province for a stay of no more than 21 days, prearranged by international travel services permitted by the National Tourism Administration of China and registered in Hainan Province, do not need to hold for a visa:

  • Germany
  • Republic of Korea
  • Russia

Mutual Visa Exemption

According to official agreements on mutual visa exemption, citizens of Seychelles, Mauritius, Bahamas and San marino holding valid passports shall be exempted from visa requirement for entry into, exit from or transit through China with duration of stay no more than 30 days.

Permanent Residence Card

Visitors holding a valid Foreigner’s Permanent Residence Card of the PRC or Residence Permit for Visitors in the PRC may enter China without a visa.

APEC Business Travel Card

Visitors holding an APEC Business Travel Card can enter China without holding a China visa. Chinese embassy Locations

Suzhou WFOE Incorporation

Wholly Foreign Owned Enterprise incorporation Suzhou – Suzhou WFOE Incorporation

Suzhou WFOE Incorporation

Suzhou WFOE Incorporation

The process of a Suzhou WFOE Incorporation is strictly speaking not same as in other locations in China. This is to name a few examples: Some locations are so called pilot-areas where new policies are introduced. Regional different legislation or when the new national policies are introduced they start in one location and get introduced steps by step in different regions. Also in some locations there are local government programs in place to promote and attract foreign investors.
Now in Suzhou there is no minimum general registered investment capital required for WFOE’s if have the business scope of consulting, Trading, retailing, and information technology. In China a Certificate Of Incorporation or Business License is limited to a defined scope.

The activities of the Company will be limited to the defined scope of business. Other scope of business still requires registered Capital. Please note, it is still might be a good idea to register investment capital the forming a Company in Suzhou because:

  1. To incorporate the Wholly Foreign Owned Enterprise in Suzhou more rapidly.
  2. Additional wanted permits may require a registered investment Capital.
  3. Chinese government officials and the companies cooperation partner will may pay attention to register capital which is printed on the Business License.

It is imperative for the Business Scope of Banking, Forwarding, education and many more business ranges to have registered investment capital.

For forming Wholly Foreign Owned Enterprise in Suzhou it is suitable to choose registered capital from 100,000 CNY to- 500,000 CNY as the minimum registered capital for the business range of Service WFOE, Consulting WFOE, or Hi-Tech WFOE formation in Suzhou.

Optional one can apply for a scheduled payment plan, to pay the registered investment capital to one’s company.
A scheduled payment plan will depend on the local authorities and the total amount to be invested. Any time scale from one to a period up to 10 years is conceivable.

We advocate:

  • Service WFOE, consulting WFOE, Hi-Tec WFOE: 100,000 CNY to 500,000 CNY.
  • For Trading or Manufacturing Suzhou WFOE Incorporation least a capital is 500,000 CNY
  • For Food & Beverage WFOE registration in Suzhou: 300,000 CNY – 600,000 CNY

China Investment Corporation

What’s is the China Investment Corporation?

China Investment Corporation

China Investment Corporation Website

The China Investment Corporation was established on 29th September 2007 and is now with its headquarters in Beijing, also runs offices in Hong Kong and Toronto.

Then China Investment Corporation is an autonomous wealth fund of the People’s Republic of China’s (PRC) Government. The China Investment Corporation was setup by an issuance of special bonds by the Ministry of Finance.

China Investment Corporation favors long term investments. It heavily invests in USA and Europe. It does look for a controlling role in its portfolio corporations.

China Investment Corporation administers a portion of the nation’s foreign exchange reserves.
The Cooperation does not seem to be interested in foreign airlines, telecommunications, any form of gaming and alcohol.
The company invests in the fixed income markets, public equity, and alternative assets in emerging markets and developed. China Investment Corporation also looks in to direct investments in telecom, healthcare and logistics.

It searches for to make alternate investments in private equity, real estates, hedge funds, and produces.
China Investment Corporation likewise looks for Chinese national investments in debt securities in external currencies and other financial products in:

  • foreign currencies
  • domestic and overseas equity investments
  • foreign investments in debt securities
  • stocks other financial products
  • funds and derivative instruments
  • overseas investments through external fund managers
  • establishment of equity investment funds
  • fund management companies as a promoter
  • management of entrusted foreign exchange assets
  • provision of loans through entrusted financial institutions
  • other businesses if approved by PRC government

Additionally one should point out that in Chinese national non-financial orientated enterprises does intend to investments

Ningbo WFOE Incorporation

Wholly Foreign Owned Enterprise incorporation Ningbo – Ningbo WFOE Incorporation

Ningbo WFOE Incorporation

Ningbo WFOE Incorporation

The process of a Ningbo WFOE Incorporation is strictly speaking not same as in other locations in China. This is to name a few examples: Some locations are so called pilot-areas where new policies are introduced. Regional different legislation or when the new national policies are introduced they start in one location and get introduced steps by step in different regions. Also in some locations there are local government programs in place to promote and attract foreign investors.
Now in Ningbo there is no minimum general registered investment capital required for WFOE’s if have the business scope of consulting, Trading, retailing, and information technology. In China a Certificate Of Incorporation or Business License is limited to a defined scope.

The activities of the Company will be limited to the defined scope of business. Other scope of business still requires registered Capital. Please note, it is still might be a good idea to register investment capital the forming a Company in Ningbo because:

  1. 1. To incorporate the Wholly Foreign Owned Enterprise in Ningbo more rapidly.
  2. Additional wanted permits may require a registered investment Capital.
  3. Chinese government officials and the companies cooperation partner will may pay attention to register capital which is printed on the Business License.

It is imperative for the Business Scope of Banking, Forwarding, education and many more business ranges to have registered investment capital.

For forming Wholly Foreign Owned Enterprise in Ningbo it is suitable to choose registered capital from 100,000 CNY to- 500,000 CNY as the minimum registered capital for the business range of Service WFOE , Consulting WFOE, or Hi-Tech WFOE formation in Ningbo.

Optional one can apply for a scheduled payment plan, to pay the registered investment capital to one’s company.
A scheduled payment plan will depend on the local authorities and the total amount to be invested. Any time scale from one to a period up to 10 years is conceivable.
We advocate:

  • Service WFOE, consulting WFOE, Hi-Tec WFOE: 100,000 CNY to 500,000 CNY.
  • For Trading or Manufacturing Ningbo WFOE Incorporation least a capital is 500,000 CNY
  • For Food & Beverage WFOE registration in Ningbo: 300,000 CNY – 600,000 CNY

Economic Technological Development Zones

Economic and Technological Development Zones in China

China Economic Technological Development Zones

China Economic Technological Development Zones

Economic and Technological Development Zones (ETDZ) are Specially dedicated and deliberate planed locations to increase technology-intensive industries by giving out government funding or rewards to investments in the industrial sector as well as emerging industries. Around the 84s China formally opens up 14 harbor cities.

As China uninterrupted kept growing and continued to open its markets, additional Economic and Technological Development Zones were set up in other locations thorough out China. Presently, there are over a hundred Economic Technological Development Zones in China. Some Zones contain high-tech industrial development zones, export processing zones or bonded zones.

Find more in the about different Development Zones in China on China Business Knowledge

  • Special Economic Zones (SEZ)
  • Economic and Technological Development Zones (ETDZ)
  • High-Tech Industrial Development Zones (HTDZ)
  • Free Trade Zones (FTZ)
  • Export Processing Zones
  • Bonded Logistic Zones
  • Cross-Border Economic Zones

Special Economic Zones

China Special Economic Zones (SEZ)

China Special Economic Zones

China Special Economic Zones

There are presently six SEZs in the PRC. In the 80, the first special economic zone in China was set up in Shenzhen near Hong Kong, which included four districts and covered about 400 square kilometres.

Purposely designed policies utilize special privileges to attract foreign investors, such as additional autonomous governance, tax incentives and further favourable programs were launched, and commercial, financial, and extensive tourism attractions also were constructed to provide for overseas investors.

China duplicates this scheme in other locations, allowing Special Economic Zones to take advantage of new self-government rule in introducing new legislation supportive to the Special Economic Zones. These environments, the Special Economic Zones managed to growth and are now exceptionally interesting targeted foreign investment.
In 2008 Reforms ended most of the Special Economic Zones special tax incentives.

Other development zones as economic and technological development zones, bonded zones and export processing zones have been set up within SEZ’s.

Find more in the about different Development Zones in China on China Business Knowledge

  • Special Economic Zones (SEZ)
  • Economic and Technological Development Zones (ETDZ)
  • High-Tech Industrial Development Zones (HTDZ)
  • Free Trade Zones (FTZ)
  • Export Processing Zones
  • Bonded Logistic Zones
  • Cross-Border Economic Zones