News

Chinese vice-president emphasizes commitment to financial opening-up

Vice-President Han Zheng reiterated that China is committed to advancing high-level opening-up in the financial sector, saying that the nation will focus on institutional opening-up in terms of rules,...

Growth of Chinese domestic demand provides opportunities

An expanding middle class in China and domestic demand growth could provide business opportunities for European companies, an economist at Barcelona University told Xinhua on Monday. "If we're wary...

Foreign direct investments in Bulgaria grew by 36% year-on-year in November 2023

Foreign direct investment (FDI) in Bulgaria in January-November reached EUR 3.4bn, up 36% year-on-year, Bulgarian National Bank (BNB) data showed. The bank estimated a positive flow of EUR 83.7m...

EU court allows EU citizens to buy agricultural land in Bulgaria

La Corte di Giustizia Europea, con sede in Lussemburgo, ha revocato la restrizione all'acquisto di terreni agricoli in Bulgaria da parte di cittadini dell'UE. Le restrizioni avrebbero dovuto essere...

UK HMRC presents tax simplification update

The government announced a package of measures that supports its ambition to simplify and modernise the tax system, using the efficiencies of digital service to drive public sector productivity...

China Issues the First Policy Document Dedicated to the “Silver” Economy

The Chinese government released on January 15, 2024 the Guidelines of the General Office of the State Council on Developing "Silver" Economy to Promote the Wellbeing of Senior Citizens....

China: Institutional opening up boosts attractiveness for foreign investors

As China beefs up efforts to expand institutional opening up and reduce restrictions on foreign investment, more opportunities will emerge for global investors to share in the dividends of...

Swiss duties on industrial products abolished

Since 1 January this year, Switzerland is no longer charging import duties on industrial goods of any origin. Building on a decade of groundwork, this is a significant trade...

European Union confirms accession of Bulgaria and Romania to Schengen as of March 2024

Bulgaria and Romania will partially join the EU Schengen Area of free movement as of 31 March 2024, as confirmed by the Council of the European Union on 31...

Guangdong establishes five city clusters to bolster development

Guangdong's provincial government has delineated five city clusters — Guangzhou, Shenzhen, the west coast of the Pearl River Estuary, Shanchaojie and Zhanmao — which will help the province achieve...