
Authorities of the free trade zone in Xiamen have begun issuing working residence permits valid for up to five years.
A Danish man named Henrik working in the FTZ became the first to obtain the long-term residence permit on April 18.
Starting from April 1, Xiamen FTZ began implementing a series of entry-exit policies formulated by Fujian FTZ authorities to support foreign talent recruiting schemes, including the five-year residence certificate.
Foreign employees applying for a Chinese residence certificate for a third time are eligible for five-year visa.
The entry-exit unit under the Xiamen public security bureau can produce the certificates within seven working days, according to Xiamen Daily.
The adoption of the five-year visa policy is aimed at making life easier for valuable foreign talent and ensures a steady career plan.
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.