Company News

Service outsourcing has helped Suzhou transform from a city that manufactures to a city that creates. The industry began in the early 1990s and has expanded rapidly since the 2000s. Within two decades of the industry’s expansion, the amount of offshore service outsourcing in Suzhou has increased to an impressive record of 9.1 percent of […]

This issue of India Briefing Magazine, Trading With India, focuses on the dynamics driving India as a global trading hub. Within this issue, you will find tips for buying and selling in India from overseas, as well as how to set up a trading company in the country. India is poised to become a major global sourcing center, and we hope this issue both educates and informs our readers how best to approach this growing market.

Located just 80 kilometers from Suzhou, the Changzhou National High-Tech District (CND) maintains a strategic position in the heart of the Yangtze River Delta. After two decades of development, CND was ranked first among the “Top 10 Chinese Parks with the Greatest Potential in 2011.” It currently covers an area of 439 square kilometers and […]

Foreign-investors doing business in the Suzhou area should be aware of three important changes made by the respective local government bureaus on social insurance, housing fund, and minimum wage – all of which are effective from 1st July 2013. Suzhou City’s Social Insurance Contribution Base Adjustment The Suzhou City government provided a notice that, starting […]

Jun. 18 – A topic of great interest for the business owners in China is social insurance. This is a mandatory contribution that both employer and employee make to the Government and it can make the cost of hiring an employee rise up to 45 percent higher than the gross amount payable. Nevertheless, a contribution […]

This issue of Vietnam Briefing examines ROs – the processes of working with them, and the rationale for either upgrading or closing them. We explain not just how to close up your RO, but also list out the common reasons for doing so. In addition, we include detailed instructions and timelines on how long it takes to upgrade or close up shop.

Last week, the Indian government announced a variety of measures to boost India’s exports, including added benefits to special economic zones (SEZs), and a slew of incentives for exporters.

The Indian Government has granted in-principle approval for the establishment of 12 National Investment and Manufacturing Zones (NIMZs) throughout India. According to the official press release from the Indian Ministry of Commerce and Industry, India seeks to create industrial townships which will be benchmarked to be the best manufacturing hubs in the world.

Jim Zimmerman, the China managing partner of U.S. law firm Sheppard Mullin, is a good friend of China Briefing and is also both the Chairman Emeritus of Amcham China and the author of the China Law Deskbook – considered by many to be the bible of China law. Jim has recently introduced a regular update service to the China Law Deskbook and has kindly given permission for China Briefing to host it here.

Jiangsu Provincial People’s Congress released the new “Labor Contract Rules of Jiangsu Province (hereinafter referred to as ‘Rules’)” on January 2013, which are the first labor contract regulations issued by a local government since China’s Labor Contract Law became effective in 2008. The Rules are scheduled to take effect on May 1, 2013, and have made several changes to different aspects of Jiangsu’s labor contract regulations. Detailed information can be found below.