Category: Foreigners In China

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Who qualifies to work as a foreign expert in China?

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Source: The State Council – The People’s Republic of China

The term ‘foreign expert’ refers to foreign professionals who work in China in a capacity that is considered important for the country’s economic and social development – at the invitation of the Chinese government or an enterprise, institution, multinational or other organization.

The following foreign professionals are eligible for foreign expert status in China:

  1. Technical or management personnel – based upon specific requirements concerning agreements between governments or international organizations.
  2. Professionals specializing in education, scientific research, news media, publication, culture, art, health, sports and other fields.
  3. Senior technical or management professionals, at the level of vice-general manager or above – or a similar level.
  4. Representatives of overseas organizations or agencies, accredited by the State Bureau of Foreign Expert Affairs.
  5. Professionals specializing in fields such as economics, technology, engineering, trade, finance, accounting, taxes and tourism – with special expertise that is required in China.

More Work In China: What is a Foreign Expert Work Permit or a Foreign Expert Certificate – and who issues these documents?

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What is investment and reinvestment?

 

Source: The State Council – The People’s Republic of China

Foreign direct investment refers to the activity where residents in one country set up a business in another country, or residents of one country acquire major stake and managing shares of an enterprise in another country, with general benchmark of the purchase being at least of 10 percent.

Foreign direct investment does not include the following activities: licensing, subcontract and security portfolio investment, because they do not involve large amount of equity capital, or a significant shift in terms of foreign management control.

Reinvestment refers to any increase in a foreign investor’s shares to the existing investment, including reinvestments on profits and inflows of new capital.

Foreign investors can be either an individual, or a company; its investment can be either wholly foreign-funded, or from a foreign and domestic joint venture.

More Doing Business In China: Registration of foreign-funded companies in China