1、Doing Business in ChinaApril 2022Doing Business in China 1ContentsForewordCountry ProfileBasic InformationMacro EconomySocio-cultural FactorsPolitical and Legal FactorsFinancial SystemInvestment EnvironmentForeign Direct InvestmentImports,Exports,and Bonded ZonesRegional Comprehensive Economic Partn

2、ership Agreement(RCEP)Free Trade Zones Hainan Free Trade PortCompliance GuidanceExchange Control Legal SystemBusiness Entities Labor LawAccounting Standards and AuditTaxation Tax Incentive Solutions for Foreign Investment in China1234567891112141516 171819 21222329 30ForewordIn year 2021,the first y

3、ear of Chinas 14th Five-year Plan,the Chinese government established a new development paradigm“that with the domestic market as the mainstay and domestic and overseas markets reinforcing each other to cope with the increasingly complex domestic and international political and economic environment a

4、midst the continuous spreading of the global epidemic and major changes in energy,climate and international trade arenas.Report on the Work of Government in early 2022 proposes that we should unswervingly deepen the reform,stimulate the market vitality and endogenous driving force of development.Cen

5、tering on the establishment of international commercial condition with marketization and legalization,we will continue to expand market access,accelerate to establish and improve an all-round,multi-level and multi-dimensional supervision system,further to promote the implementation of fair competiti

6、on policy and maintain a fair and orderly market environment,as well as to promote the common growth of various ownership economies.It demonstrates the determination of the Chinese government to unceasingly attract foreign investment and create a good business condition.Foreign-invested enterprises