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by Matt Slater
03 March 2014
Today is the first working day with the new Chinese business registration system in effect. We’ve translated a Chinese news piece about the changes below.
The digitisation system and QR codes on the business license are particularly interesting. Hopefully this will usher in greater transparency and openness in China’s business environment.
3月1日开始，我国将启用新版营业执照。 Starting from the 1st of March, China will put a new version of the business license into use.
与旧版营业执照的“横”版式不同，新版营业执照与A3纸同等大小，采用了“竖”版式。根据经营主体的不同，新版营业执照缩减合并为1种版式8种格式，并统一了版式，不再使用“企业法人营业执照”等提法，而是统一改为“营业执照”。 Unlike the old business license with its horizontal format, the new one has a vertical format and is the size of an A3 sheet of paper. The new business license reduces and merges its presentation of different business entities into one format with eight specifications. The unified term “Business License” will be used instead of various terms such as “Enterprise and Corporation Business License”.
新版营业执照上，取消了“实收资本”一栏，除了包含名称、法定代表人、经营范围等内容外，还特别增加了二维码标志。通过手机扫描该二维码，可直接跳转到企业信用信息公示系统的链接网址，查看企业相关信息。交易双方只要扫描对方执照上的二维码，就可知道对方的信用状况，普通消费者也可通过该方式查询企业营业执照的真伪。 On the new format business license, the ‘paid-up capital’ field has been removed. Apart from including the ‘name’, ‘legal representative’ and ‘business scope’ fields, a QR field has been added, making it possible to go directly to the website of the company information system and look up information about the company. The two sides of a deal only need to scan the QR codes on each other’s business license, and they can find out about their authenticity. Normal consumers can also use the same method to check the authenticity of a company’s business license.
2月18日，国务院出台《注册资本登记制度改革方案》，明确注册资本登记制度改革于3月1日全面实施。 On the 18th February, the State Council officially launched the “Plan for the Reform of the Capital Registration System”, specifying that the reforms to the capital registration system would be fully implemented on 1st March.
方案从五个方面提出优化营商环境的改革措施： The plan puts forward five aspects for improvement of the business environment:
— Source: newssc.org
Hi there, I'm Matt, the Founder & CEO of China Checkup. Originally from the UK, I am now based in Brisbane, Australia.
Frustrated by the scarcity of concise, high-quality and timely information about Chinese companies, I setup China Checkup whilst living in Shanghai in 2013.
My team are proud that China Checkup's company verification reports have now helped thousands of clients from all corners of the world to do business in China more safely.
by Matt Slater
09 January 2020
Listening to China business podcasts can be a great way to get insights on the Chinese market, pick up new knowledge and get fresh perspectives.
The great news is that there is actually a lot of great podcasts out there on this topic - and in this article I have chosen my current top ten.
These podcasts cover business in China from a range of angles - including tech startups, importing/sourcing, economics and more - so if you are interested in learning more about China business you are sure to find quality material here.
by Matt Slater
31 October 2019
This article identifies over one hundred of the most informative English-language China news websites.
By regularly sharing news from China on our social media channels we have identified many good sources and thought it would be a good idea to share these with you, our readers.
So if you are looking for websites with news on China, look no further than this long list we have compiled.
by Matt Slater
30 August 2019
Do you want to know which China city economies are the driving force behind Mainland China's huge and growing GDP figures?
As China's best-known cities, it came as no surprise that 2019 data popular in Chinese media identified Shanghai and Beijing as the cities with the largest GDP, but few will even have heard of Xinyang, which was ranked 100th.
According to the National Bureau of Statistics, China's national GDP reached a new high of CNY 90,031bn (USD 13,608) in 2018, but which other Chinese cities had the largest share of this GDP? Keep reading to find out.
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