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From July, these new rules will affect the lives of overseas Chinese

author:Overseas Chinese Network of China
From July, these new rules will affect the lives of overseas Chinese

July is approaching, and a number of new regulations will be implemented, involving visa-free policies, flight dynamics, new travel regulations, etc., which are closely related to the lives of overseas Chinese. Let's learn ↓↓

–Chinese News News–

  • The unveiling ceremony of the first "Chinatown" cultural archway in Chile's Chinatown will be held on June 30 local time. The appearance of this memorial arch not only uses the traditional elements of Chinese culture, but also expresses the friendship between the people of China and Chile.
From July, these new rules will affect the lives of overseas Chinese

Chinatown, the capital of Chile

  • At 19:30 on July 26, the Paris Olympic Games will slowly kick off on the Seine. Instead of following the traditional method of opening in stadiums, delegations from various countries and regions will take a six-kilometre journey by boat through central Paris, passing through several Olympic venues to the Palais de Chaillot across the Eiffel Tower, where they will perform traditional Olympic ceremonies and performances.
  • California Governor Gavin Newsom signed a number of new bills that will take effect on July 1, 2024. Among them, the upper limit of the security deposit, the new law stipulates that the rental security deposit shall not exceed one month's rent. At present, many Chinese residents are faced with the situation of "charging one to pay one", "charging two to pay one" or even "charging three to pay one" when renting a house, that is, in addition to the first month's rent, they also need to pay 1 to 3 months' rent as a deposit. The implementation of the new law will greatly reduce the financial pressure on tenants, especially for Chinese families who have just moved to the United States, which will make it easier and more flexible for them when renting.
  • From 1 July 2024, the topstitch testing period for all properties in New Zealand will be reduced from 10 years to 2 years. The "bright-line test" is the de facto capital gains tax, which now exempts all properties from tax on the appreciation until the buyer holds them for more than 10 years before selling them. The "bright-line test" is literally understood as 10 years as the "bright-line". New Zealand real estate economists believe that the shortening of the bright line test is positive for the real estate sector and will promote more transactions.

– Travel –

  • The Ministry of Finance and other three departments issued an announcement to allow duty-free release for resident passengers aged 18 or above who enter the country from Hong Kong and Macao and carry reasonable personal luggage and articles obtained abroad with a total value of less than 12,000 yuan (including 12,000 yuan). From July 1, it will be implemented in six ports, including Luohu, Futian, Shenzhen Bay, West Kowloon Station of Guangzhou-Shenzhen-Hong Kong High-speed Railway, Gongbei, and Zhuhai Highway of the Hong Kong-Zhuhai-Macao Bridge.
From July, these new rules will affect the lives of overseas Chinese
  • In order to further promote people-to-people exchanges between China and foreign countries, China has decided to expand the scope of visa-free countries and implement a visa-free policy for holders of ordinary passports from three countries: New Zealand, Australia and Poland. From July 1, 2024 ~ December 31, 2025, holders of ordinary passports from the above-mentioned countries can enter China visa-free for business, tourism, visiting relatives and friends and transiting for no more than 15 days. Those from the above-mentioned countries who do not meet the conditions for visa exemption still need to apply for a visa to China before entering the country.
From July, these new rules will affect the lives of overseas Chinese

Data map

  • On June 26, local time, the Minister of Information, Culture and Tourism of Laos issued Document No. 29 of the "Implementation Rules for the 2024 Lao Tourism Year on Visa Policies for Specific Tourists". According to the content of the document, tourists from Chinese mainland (mainland) and Hong Kong, Macao and Taiwan can obtain a 15-day visa-free policy for ordinary passports through travel companies. The tour needs to be organized by the Lao Tourism Company and approved by the Ministry of Information, Culture and Tourism. The policy will be implemented from July 1, 2024 to December 31, 2024.
  • Recently, the Saudi Ministry of Tourism announced that from July 1, Saudi Arabia will officially become a destination country for outbound group tours for Chinese citizens.
  • Chongqing Airlines resumed direct passenger flights from Chongqing to Phuket on July 1. The flight will be operated by Airbus A320NEO aircraft and is scheduled to operate once a day. Outbound flight CZ561/OQ2061 is operated every Monday, Wednesday, Friday and Sunday, and CZ543/OQ2093 is operated every Tuesday, Thursday and Saturday, departing from Chongqing at 20:00 and arriving in Phuket at 22:50. Return flight CZ562/OQ2062 is operated every Monday, Wednesday, Friday and Sunday, and CZ544/OQ2094 is operated every Tuesday, Thursday and Saturday, departing from Phuket at 23:50 and arriving in Chongqing at 05:00 the next day. The round-trip flight lasts approximately 4 hours.

– New Domestic Regulations –

  • As agreed by China and Serbia, the Free Trade Agreement between the Government of the People's Republic of China and the Government of the Republic of Serbia (hereinafter referred to as the "Agreement") will enter into force on July 1, 2024. In order to fulfill the commitments related to tariff concessions under the Agreement, the Customs Tariff Commission of the State Council issued an announcement that from July 1, 2024, the agreed tariff rate will be implemented under the Agreement for some imported goods originating in Serbia. The entry into force and implementation of the Agreement will further stimulate the potential of bilateral trade and investment cooperation between China and Cyprus and promote the upgrading of economic and trade cooperation between the two countries.
  • The newly revised Company Law, which came into force on July 1, has improved the subscription registration system for limited liability companies, clarifying that the amount of capital contribution subscribed by all shareholders shall be paid in full by shareholders within five years from the date of establishment of the company in accordance with the provisions of the company's articles of association.
  • The Standing Committee of the Hangzhou Municipal People's Congress of Zhejiang Province held a press conference on the "Regulations on the Inheritance and Development of Hangzhou Time-honored Brands", informing that the city has adopted local legislation to clarify the conditions for the recognition of time-honored brands and standardize the identification procedures, so as to provide institutional support for the inheritance and development of time-honored brands in Hangzhou, and cultivate and build a "century-old store" brand.
From July, these new rules will affect the lives of overseas Chinese

Night view of Mutianyu Great Wall

  • From July 1st, the night tour of the Mutianyu Great Wall was officially opened, and the open area was the enemy tower from No. 10 to No. 15. In order to enrich the night tour experience of tourists and show the cultural charm of the Great Wall from multiple angles, the night lighting of the Great Wall has been comprehensively upgraded. The fully enhanced night scene lighting is new and diverse light and shadow interaction, allowing you to immerse yourself in the wonderful world of light and shadow on the Great Wall.

Source: China Overseas Chinese Network (ID: qiaowangzhongguo) comprehensive Chile Chinese Network, American Overseas Chinese News, European Times, New Zealand Tianwei Network, CCTV News, People's Daily, China News Network, Beijing Daily

Editor: Han Hui Editor: Ma Haiyan

From July, these new rules will affect the lives of overseas Chinese

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