Category Archive For "News"
What You Need to Know About China’s New Company Law
China’s new Company Law which was passed by the Standing Committee of the National People’s Congress (NPCSC) of China on 29 December 2023 will take effect on 1 July 2024. The new “Company Law” features a total of 15 chapters and 266 articles. In this Pacific Prime article, we will cover the some of the …
China-Thailand Sign A Mutual Visa-Waiver Agreement
On the 28th of January 2024, China and Thailand inked a mutual visa-waiver agreement in Bangkok, Thailand. China’s Foreign Minister Mr. Wang Yi met with Thailand’s Foreign Minister Mr. Parnpree Bahiddha-Nukara and came to a consensus after rigorous and continuous communication and negotiation. In this Pacific Prime article, we will explore the China-Thailand visa waiver …
China Implements 5 New Measures to Facilitate Foreigners’ Entry
On January 11th, The National Immigration Administration of China officially introduced five new measures to help facilitate foreigners entering the country. These new measures aim to address foreigners’ issues in conducting businesses, studying, and traveling. By introducing these new measures, China is one step closer to speeding up its opening up to the outside world. …
Bupa Officially Withdraws from the Chinese Market
As early as September, there have been rumors circulating in the market that Bupa is preparing to withdraw from the Chinese market (excluding Hong Kong, Macau, and Taiwan), and recently, it became official. As an important player in the medical insurance market, Bupa’s products have long been known for their “high coverage and high premiums”, …
All You Need to Know About China’s New “Five-star” Card
Take your first step to the journey of a thousand miles as China’s updated version of the permanent resident card Five-star Card will be open for application on December 1, 2023. The card grants benefits in different aspects, including financial activities, to qualified foreigners and their family. If you’re an expat living in China, the …