outubro 20, 2019

China: China introduces new free trade zones and improved practices

3 minutos Since 2013 China has established an increasing number of free trade zones (FTZs) around the country. These serve as ‘test beds’ for investment liberalisation and streamlined regulation (for example, faster business registration, accelerated customs procedures, and so on). Tax incentives are also offered to businesses in the FTZs. Successful experiments in the FTZs are then frequently rolled out nationwide. In the first half of this year, China’s 12 existing FTZs attracted foreign investment of nearly RMB 70 billion ($10 billion), that is, Continue lendo→

Special Economic Zones in ASEAN: An Introduction for Foreign Investors

menos de 1 minuto To consolidate its emergence as a powerful trading bloc, ASEAN member states have been promoting special economic zones (SEZ) as a cornerstone for efforts to encourage more foreign investment. SEZs – which include industrial parks, special export processing zones, technology parks, and innovation areas – gained increasing prominence after the establishment of the ASEAN Economic Community (AEC) in 2015, and more so now as a tool to attract investors seeking to diversify supply chains because of the US-China trade war. However, investors looking to Continue lendo→