Q: Hello, I'm planning to engage in commercial and trading activities in East China's Shanghai. What preparations should I make?

A: To participate in business activities, you should apply for an M, or business visa.

01 How to apply

You can apply for the visa online at the Chinese Visa Application Service Center. The visa center's websites provide online form completions and visa application status query services.

[Long press the QR code to the visa center]

02 Documents required

☑️ Original passport valid for at least 6 months

☑️ Visa application form, completed online and signed by hand

☑️ Color passport photo taken within 6 months

☑️ Documents concerning commercial activities issued by a trading partner in China, or trade fair invitation, etc.

[Long press the QR code to see checklist for M-visa application]

03 How to extend your visa

If you are in Shanghai and want to extend your business visa, you can submit an application to the Exit-Entry Administration of the Shanghai Municipal Public Security Bureau.

📍 Address: No 1500 Minsheng Road, Pudong New Area

🕘 Open: Monday to Saturday, 9:00 am - 5:00 pmIf you need any assistance with your visa application, please contact us

8621 - 51785021

info@jkinvest.net

News from the "Shanghai International Travel Healthcare Center",  the reservation of physical examinations (inculding physical examination for China work permit and residence permit) and vaccinations will change from website to the WeChat reservation platform since January 15th 2024. The original web version of the reservation platform will no longer be open for reservations since then. Please search for the WeChat public account “Shanghai International Travel Healthcare Center上海国际旅行卫生保健中心” and click the “online booking” button in the menu or use WeChat to scan the QR code below:

The State Council has approved a general plan for advancing the institutional opening- up of the China (Shanghai) Pilot Free Trade Zone in alignment with high-standard international economic and trade rules, according to a circular issued last week.


This is the latest move of the Chinese government to promote the high-standard opening- up of the country.


The opening-up measures the Shanghai FTZ is encouraged to pilot this time cover almost all bottleneck issues related to the service trade, including data transfer and cross-border capital management, which are crucial to the high-quality growth of the Chinese economy and the country's further integration into the global system.


Under the framework of a national security management system for cross-border data transfer, financial institutions in the zone will be allowed to transfer data necessary for daily operations overseas.


The zone is required to build data sharing mechanisms to encourage businesses to share data, promoting the innovative application of big data. The zone will also promote cooperation between overseas and domestic institutions, in order to build a digital economy exchange platform for small and medium-sized enterprises.


The zone is expected to refine policies for multinational companies to operate and manage cross-border capital, and support the companies to set up capital management centers. The free trade account system will be improved to ensure the free flow of capital between the Shanghai FTZ and overseas regions.


Notably, the circular stresses that relevant overseas parties can participate on an equal footing in the revision process for the laws and regulations in the Shanghai FTZ.


These measures to open China's service industry represent an important step to align its domestic rules with global conventions by calibrating regulations, management and standards. If these measures can realize their intended effects, they will help effectively strengthen the connection between China and the world market in a move to counter some developed countries' "decoupling" practices targeting China.


The circular provides the Shanghai FTZ with broad space to explore new paths and accumulate new experience for comprehensively deepening reform and expanding opening-up nationwide. The zone is expected to make full use of it to fulfill its duties and hence further consolidate its status as a major growth engine and a trailblazer on the path of high-quality development.

SkyRemit is an income remittance product designed specifically for foreigners in China to transfer money to their overseas accounts. Both the Hong Kong Customs and Excise Department and the People's Bank of China regulate it.

SkyRemit has a full English user interface, 24/7 customer service, quick processing time, and lower costs compared with traditional banking services.

SkyRemit also offers users real-time, favorable exchange rates 24 hours a day, seven days a week, making it a time-efficient, cost-effective, and hassle-free alternative.

Step 1: Scan the QR code to sign up and open a trust account (known as ACS account).

Step 2: Transfer yuan from your China bank account to the trust account.

Step 3: Once the foreign exchange rate is confirmed, funds are transferred into your overseas accounts.

Note:

The minimum amount per transaction is 500 yuan, while the maximum is 100,000 yuan.

China will expand the scope of unilateral visa-free travel for citizens from France, Germany, Italy, the Netherlands, Spain and Malaysia on a trial basis from December 1, 2023 to November 30, 2024, the Chinese foreign ministry said on Friday.