Yiwu to support business promotion activities

Yiwu Foreign Affairs Office| Updated :2020-04-26

Yiwu China Commodities City Business Service Training Center Co will support business promotion activities around the world, local media reported on April 24.

After audits by the municipal commerce bureau, subsidies covering 30 percent of actual expenses will be given to activity organizers. Maximum annual subsidies for a single institution will not exceed 500,000 yuan ($70,608).

If holding key business promotion activities, subsidies covering all of the actual expenses will be given to the organizer. The maximum amount for a single activity will not exceed 300,000 yuan.

The Yiwu company supports enterprises in carrying out business promotion activities around the world with the authorization of the municipal council for the promotion of international trade and international chambers of commerce.

After reporting to the municipal commerce bureau and receiving an audit, a subsidy of 50,000 yuan will be given to each activity with more than 50 participants.

Yiwu China Commodities City Business Service Training Center Co is a wholly-owned holding company of Zhejiang China Commodities City Group Co. It is committed to serving business households and foreign purchasers, providing free consultations on market, trade, life information and other policies, and is also capable of handling registration for foreign companies, work and residence permits for foreigners, and other services for foreigners.

Services and fees

Visa Extension: 500 yuan

Resident Permit Extension: 500 yuan

Individual Business Application: 500 yuan

Foreign-invested Company Registration: 2,000 yuan

Foreign-invested Partner Company Registration: 2,000 yuan

Company Registration Change: 500 yuan

Work Permit Application: 2,000 yuan

Work Permit Extension: 500 yuan

Work Permit Replacement: 500 yuan

Changes in Information for Work Permit: 500 yuan

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