Chengdu publishes B&R Investment Guide

Chengdu officially published a guide to investment in major countries along the Belt and Road routes on December 26, according to the Chengdu Municipal Commission of Commerce, the National Business Daily reported.

The guide, the first edition of its kind, makes an analysis on the investment environment and procedures in 30 countries, including India, Pakistan, Russia, Germany, France, Kazakhstan, South Africa and Kenya.

Besides introducing the situation in each country’s economy, politics, geographical location, labor force, trade, tax revenue, finance and business environment, the guide book makes a focus on investment opportunities and risks, introduces the ways in setting up businesses, registering trademarks, making tax declarations, applying for patents and visas and solving business disputes.

An official of the commission said the guide aims to help enterprises in Chengdu develop links with other countries and offer them with useful information to participate in the Belt and Road Initiative.

As an important hub under the Belt and Road Initiative, Chengdu, capital of Sichuan Province, has been gearing up its efforts to support the Initiative.

Commerce Minister Gao Hucheng said on December 26 that the ministry will center on strengthening supply-side structural reform, B&R development and reform of major areas in 2017.

Source: China.org.cn