Page 4 - The South China Business Journal

E DITOR'S NOTE

Dear Members,

Greetings,

I always feel a little bit sad when billion yuan, up 8.9% year-on-year,
I put away my fancy clothes and surpassing the national average
dancing shoes after our annual spring and that of other major economic
gala, knowing that it will be winter provinces. Notably, in April alone, the
before I wear them again. Our 2025 actual use of foreign capital reached
Dr. Harley Seyedin International Spring Ball: A Night 9.17 billion yuan, an amazing year-
Winner of the 2017 Oslo Business Among the Stars was certainly a on-year growth of 71.5%.
for Peace Award
(Along with Elon Musk, Durren night to remember. Good friends,
Shahnaz and Murad AI-Katib) great food, and live music is a great China’s National Immigration
Awarded by an Award Committee
Consisting of Nobel Laureates in recipe for good times, but this year Administration announced recently
Peace and Economics the AmCham sta outdid themselves. that it has expanded its visa-free
Among few individuals in transit policy, extending the
235 years to be awarded the They transformed the LN Garden Hotel
Thomas Jefferson initiated Peace into an intergalactic wonderland. You maximum amount of time foreigners
through Commerce Medal by are allowed to stay in the country
the US Government just don’t know what you are missing
Visiting Professor, Jinan University if you miss our festivities. under the policy to 10 days from
President, Allelon Energy Partners
Chairman and President, the previous 72 or 144 hours. The
American Chamber of Commerce AmCham South China was quite policy now applies to 60 ports across
in South China
Vice Chair, American Chambers of proud to host Ambassador Craig China, a signi cant increase from
Commerce in Asia Pacific (AAP) Allen, 2018-2024 Chairman of the the previous number of 39, making
Powerful US-China Business Council, it easier for foreigners transiting
and former Deputy Assistant Secretary through China to enter the country.
for China at the US Department China's visa-free transit policy covers
of Commerce at AmCham South citizens from 55 countries. The policy
China Shenzhen Qianhai Service and allows these travelers to stay in 24
Meeting Center for a brie ng on the provincial-level regions, an increase
US-China trade policy. You can nd from the previous number of 19,
some inside scoops on page 23 of this and are permitted to travel between
month’s SCBJ. these regions during their stay in
China. China rst implemented the
There is excellent news on the visa-free transit in 2013 and has been
business front in Guangdong. In the improving the policy over the years.
rst four months of 2025, Guangdong,
China's economic powerhouse Finally, once again AmCham South
recorded robust growth of 8.9% in China partnered with Dongguan
foreign investment utilization. The Harbor Plaza Golf Club to successfully
province established 8,907 new host over 100 people to our annual
foreign-invested enterprises, an International Golf Tournament. Even
increase of 24.3% year-on-year in the a little rain couldn’t diminish the fun
rst four months of 2025. The actual and competition. For more details,
use of foreign capital reached 44.93 check out our story on page 25.

1 AMCHAM SOUTH CHINA