China: Circular on Promoting Relevant Reformation Initiatives in Support of Innovation Is Released

The General Office of the State Council released the Circular on Promoting Relevant Reformation Initiatives in Support of Innovation (the “Circular”). According to the Circular, the State Administration of Foreign Experts Affairs and the Ministry of Human Resources and Social Security will handle the application and issuance of all foreigners’ work permits in one window. Pursuant to the Circular, international students are encouraged to start their own business in China and will enjoy preferential treatment in terms of work permit and residence permit application. In the eight reform pilot zones, new market-oriented ways, in connection with salary and tax payment, will be adopted in addition to the existing policies on permanent residence. This means foreigners may apply for permanent residence status in China if they meet the thresholds in respect of salary, tax payment, years of service, etc. From the perspective of application procedures, the work type residence permit is able to be directly changed into a permanent residence permit, if the aforementioned thresholds have been proved to be met.

For more information on these articles or any other issues involving labour and employment matters in China, please contact Carol Zhu, Partner at Zhong Lun Law Firm (www.zhonglun.com) at carol.zhu@zhonglun.com
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