[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]China has unveiled plans to streamline the process for foreign workers entering the country, aiming to bolster international investment. The State Council has introduced a comprehensive strategy to attract foreign capital, emphasizing initiatives like broadening access to technology and finance sectors, facilitating cross-border data transmission, and encouraging international business trips.
Comprising five segments and 24 measures, the plan encompasses expanding investment opportunities in technology and finance, increasing policy and tax incentives, ensuring fair competition, facilitating data and personnel exchanges, and harmonizing domestic regulations with global trade standards. This strategy serves as a roadmap for China’s aspirations to attract foreign investment, promising enhanced market access and reduced operational expenses for international investors.
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Moreover, the plan extends increased support to foreign workers by simplifying residency and travel procedures, notably extending visa validity to two years for management and technical personnel, along with their families. China also pledges to expedite the resumption of international flights at major aviation hubs like Beijing, Shanghai, and Guangzhou, reflecting its commitment to global engagement and mutual benefit.
These initiatives align with China’s broader agenda of openness and international cooperation, underscored by recent visa-free agreements with multiple nations. The initiative signals China’s eagerness to welcome skilled foreign workers who can contribute to its economic advancement.[/vc_column_text][/vc_column][/vc_row]
