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China Focus: China to expand opening-up of VC investment
China will expand the opening up of venture capital (VC) investment by revising regulations and boosting accessibility for foreign investors, according to a raft of measures unveiled by the State Council, as the country aims to develop patient capital.
June20,2024
China-built Corridor Vc highway section opens in South BiH
A subsection of a new highway in Bosnia and Herzegovina (BiH), constructed by a consortium of Chinese and Azerbaijani companies, opened on Thursday.
September06,2024
Beijing issues prepaid cards for international visitors
The Chinese capital introduced the Beijing Pass, a multi-purpose card for international visitors, on Wednesday, facilitating their payment for transportation, tourist sites and shopping centers.
August01,2024
Shanghai issues prepaid travel cards for inbound travelers' convenience
Shanghai has released Shanghai Pass, a multipurpose prepaid travel card, to facilitate easy payment by inbound travelers and other visitors not in favor of mobile payment.
May22,2024
China continues robust VC financings in Q3: KPMG report
China's mainland recorded robust venture capital (VC) activities in the third quarter, with artificial intelligence (AI) and automotive engineering the key areas of investment, according to a report released by international auditing firm KPMG.
October12,2017
China 2018 VC investment hits record high: report
China's venture capital (VC) investment reached a record high in 2018 as a string of big deals led by tech giants drove up market volume, a report showed.
February01,2019
UnionPay cards to be issued in Europe
UnionPay International, a subsidiary of China's UnionPay, the country's largest bank card payment processor, announced Monday that it has entered into strategic cooperation with the Portuguese bank, Banco Comercial Portugues (BCP).
November21,2017
Lower transaction fees set to boost international bank card usage in China
International bank card clearing institutions, such as Visa and Mastercard, have reduced transaction fees on overseas bank cards for Chinese merchants, a move expected to encourage more local merchants to accept these card payments.
July04,2024
China issues 9.25 bln bank cards by end of 2021
China had issued a total of 9.25 billion bank cards by the end of 2021, according to an industry report.
September26,2022
UnionPay holds all the cards
China UnionPay is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI, in addition to facilitating fast growing personnel exchanges between China and the rest of the world.
December28,2018
China issues 8.98 bln bank cards in total
China had issued a total of 8.98 billion bank cards by the end of 2020, according to a blue paper.
October18,2021
UnionPay holds all the cards
China UnionPay, a Chinese bank card organization, is ramping up efforts to expand its business in overseas markets to support the Belt and Road Initiative or BRI and facilitating fast growing personnel exchanges between China and the rest of the world.
December25,2018
China to improve customs clearance with updated health card
China's customs authority will launch a new edition of its health declaration card, in which some requirements for travelers are removed to streamline customs procedures and enhance clearance efficiency.
August26,2022
State Council to refine tax incentives for VC firms
China will introduce more income tax incentives to drive entrepreneurship and innovation, the State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.
December13,2018
State Council to refine tax incentives for VC firms
China will introduce more income tax incentives to drive entrepreneurship and innovation, the State Council executive meeting chaired by Premier Li Keqiang decided on December 12.
December14,2018
Vietnam plans to digitize healthcare cards
Vietnam is planning to issue electronic health security cards to its citizens to verify their right to medical services, according to the country's government.
February08,2017
China VC investment hits record high in 2017: KPMG
Venture capital (VC) investment in China reached a record high of over 40 billion U.S. dollars in 2017, up 15 percent year on year, an industrial report showed.
January22,2018
Green light to fast-track foreigners' green cards
Pudong has introduced a new round of preferential policies, as well as a special agency for overseas talent, to attract and retain foreign professionals.
December22,2017
China VC investment hits record high in 2017: KPMG
Venture capital (VC) investment in China reached a record high of over 40 billion U.S. dollars in 2017, up 15 percent year on year, an industrial report showed.
January22,2018
Fijian students enjoy Chinese culture at Chinese embassy
The Chinese Embassy in Fiji on Friday invited nearly 100 Fijian students and teachers from a local primary school to attend its first open-day event, with the aim of promoting Chinese culture and people-to-people exchanges between China and Fiji.
November18,2024
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