Business News
The 2026 Guangdong Quality Products Exhibition will open on July 24 in Guangzhou, the capital of Guangdong Province.
At Guangzhou Baiyun International Airport, a traveler from Laos recently cleared his tax refund without unpacking his luggage for a physical check, thanks to a quick QR code scan by customs officers.This streamlined process is part of a nationwide upgrade to the departure tax refund policy that took effect on July 1. This innitiative aims to simplify shopping for overseas visitors and stimulate inbound cons...
Policies
  • China rolls out action plan to better utilize foreign investment. Action plan detailing measures across following five areas.
  • China is moving to make shopping easier and more convenient for overseas travelers, as the country further optimizes its departure tax refund measures in a fresh attempt to expand inbound consumption.
  • Focusing on the service sector, efforts will be made to expand market access and areas of openness from 2026 to 2030, citing the Recommendations of the Central Committee of the CPC for Formulating the 15th Five-Year Plan for Economic and Social Development, which was adopted by the fourth plenary session of the 20th CPC Central Committee.
  • 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.
  • Starting Wednesday, foreign residents living in Hong Kong and Macao can apply for multiple-entry visas to the Chinese mainland with a validity period of up to five years by following a simplified procedure, according to the central government.
  • Pazhou Ferry Terminal has recently been included as an exit port under the 144-hour visa-free transit policy in Guangdong, according to the Zhoutouzui Exit-Entry Frontier Inspection Station of the Guangzhou Immigration Inspection Station.
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