Levelling the playing field for SMEs in China: European Chamber’s recommendations included in revised China SME Promotion Act
First coming into effect in 2003, the SME Promotion Act underwent a recent revision in late 2016.
On 7th November, 2016, the Chinese authorities passed a new Cybersecurity Law that will have significant ramifications for the operations of European businesses
Providing support to SMEs has been a long-standing policy of the European Union, particularly helping them to establish businesses and succeed overseas.
The European Chamber has long advocated for the interests of European SMEs in China. In the EU they are important sources of employment – over the past five years, SMEs have created around 85 per cent of new jobs and provided two-thirds of total private…
On 29th June, 2007, the Standing Committee of the National People’s Congress (SCNPC) promulgated the Employment Contract Law (ECL).
In the face of China’s increasingly strong economic headwinds, some businesses are having to revise their strategies in order to ensure profitable growth.