{"id":41924,"date":"2021-08-13T00:42:27","date_gmt":"2021-08-13T00:42:27","guid":{"rendered":"http:\/\/asiallians.com\/en\/?p=41924"},"modified":"2021-08-13T13:37:35","modified_gmt":"2021-08-13T13:37:35","slug":"fdi-china-issued-first-hainan-overseas-services-negative-list","status":"publish","type":"post","link":"https:\/\/asiallians.com\/en\/fdi-china-issued-first-hainan-overseas-services-negative-list\/","title":{"rendered":"FDI: China Issued First Hainan Overseas Services\u2019 Negative List"},"content":{"rendered":"

[vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” padding_top=”50″ css_animation=””][vc_column][vc_column_text]<\/p>\n

I. Legal News:<\/h3>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”center” background_image_as_pattern=”without_pattern” padding_top=”50″ padding_bottom=”50″ css_animation=””][vc_column css=”.vc_custom_1517373139965{background-image: url(http:\/\/asiallians.com\/wp-content\/uploads\/2018\/01\/Picture1.png?id=18554) !important;}”][vc_empty_space][vc_column_text]FDI: China Issued First Hainan Overseas Services\u2019 Negative List<\/span><\/strong>[\/vc_column_text][vc_empty_space height=”70px”][\/vc_column][\/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css_animation=””][vc_column][vc_column_text]<\/p>\n

The Ministry of Commerce issued the Special Administrative Measures (hereinafter referred to as \u201cNegative List\u201d) for Cross-border Trade in Services in Hainan Free Trade Port for implementation from August 26, 2021<\/span>1<\/sup><\/span>.<\/span><\/p>\n

These measures include 11 categories, covering 70 special measures, and for areas not included in the Negative List, domestic and overseas service providers will be treated equally and enjoy equal market access in Hainan Free Trade Port.<\/span><\/p>\n

11 categories and corresponding number of special measures are detailed as follows:<\/span><\/p>\n

I Agriculture, forestry, animal husbandry and fishery (1)<\/span><\/p>\n

II Construction industry (1)<\/span><\/p>\n

III Wholesale and retail (2)<\/span><\/p>\n

IV Transportation, storage and postal (13)<\/span><\/p>\n

V Information transmission, software and information service (6)<\/span><\/p>\n

VI Financial services (17)<\/span><\/p>\n

VII Rental and business services (12)<\/span><\/p>\n

VIII Scientific research and technical services (4)<\/span><\/p>\n

IX Education (2)<\/span><\/p>\n

\u2169 Health and social work (1)<\/span><\/p>\n

XI Culture, sports and entertainment (11)<\/span><\/p>\n

Hereunder are a few outstanding examples:<\/span><\/p>\n

[\/vc_column_text][vc_empty_space][vc_single_image image=”41919″ img_size=”full” qode_css_animation=””][vc_empty_space][vc_column_text]<\/p>\n

http:\/\/www.mofcom.gov.cn\/article\/zwgk\/<\/a><\/span>zcfb\/202107\/20210703180049.shtml<\/a><\/span><\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” padding_top=”50″ css_animation=””][vc_column][vc_column_text]<\/p>\n

II. Hot Topic:<\/h3>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”center” background_image_as_pattern=”without_pattern” padding_top=”50″ padding_bottom=”50″ css_animation=””][vc_column css=”.vc_custom_1517373139965{background-image: url(http:\/\/asiallians.com\/wp-content\/uploads\/2018\/01\/Picture1.png?id=18554) !important;}”][vc_empty_space][vc_column_text]Education: Stricter Rules on Curriculum Subject-tutoring Institutions and Foreign Teachers<\/span><\/strong>[\/vc_column_text][vc_empty_space height=”70px”][\/vc_column][\/vc_row][vc_row row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css_animation=””][vc_column][vc_column_text]<\/p>\n

The General Office of the Central Committee of the Communist Party of China and the General Office of State Council have recently distributed the Opinions on Further Easing the Burden of Excessive Homework and Off-campus Tutoring for Students Undergoing Compulsory Education (hereinafter referred to as \u201cthe Opinions”). We list the following highlights of the Opinions:<\/span><\/p>\n

(1) Curriculum subject-tutoring institutions shall be prohibited from listing or financing. It means that these institutions are prohibited from going public for financing or conducting any capital-related activities, and investment in these institutions by any listed companies shall also be prohibited.<\/span><\/p>\n

(2) Any new curriculum subject-tutoring institutions training students under China\u2019s nine years of compulsory education will no longer be approved by local authorities.<\/span><\/p>\n

(3) All existing curriculum subject-tutoring institutions are requested to be registered as non-profit institutions.<\/span><\/p>\n

(4) Online curriculum subject-tutoring institutions are not allowed to hire foreign teachers outside China.<\/span><\/p>\n

(5) Curriculum subject-tutoring institutions are not allowed to occupy national statutory holidays and winter and summer holidays to organize training.<\/span><\/p>\n

The Opinions will be implemented in nine cities<\/span>2<\/sup><\/span> first and then gradually to be implemented nationwide.<\/span><\/p>\n

http:\/\/www.gov.cn\/zhengce\/2021-07\/24\/content_5627132.htm<\/a><\/span><\/p>\n

As always, Asiallians remains at your service and our teams are currently mobilized in all our offices in Mainland China, Hong Kong and Taipei.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

1.<\/span> Different from the National Negative List focusing on restrictions of incorporation of enterprises, the Overseas Services\u2019 Negative List focuses on cross-border trade in services.<\/span><\/p>\n

2.<\/span> Beijing, Shanghai, Shenyang, Guangzhou, Chengdu, Zhengzhou, Changzhi, Weihai, Nantong.<\/span><\/p>\n

 <\/p>\n

\n

Feel free to contact asiallians@asiallians.com<\/strong><\/a> for more information.<\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

On November 11th, 2015, the sales volume of Taobao (a B2C platform owned by Alibaba Group) reached CNY 91.2 billion (around 14 billion USD), with around 680 million online deals completed and the packages delivered all across the country.<\/p>\n","protected":false},"author":5,"featured_media":23743,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[166],"tags":[],"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\n\n\t\n\t\n\t\n