EXPLORER
Below you'll find insider tips on getting the best from Beijing, from hints on finding a home to reviews of the hottest restaurants in town.
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Residents » Financial & Legal Affairs
Bank Accounts
Local banks dominate in China, though a few western institutions, such as HSBC and Citibank, have set up branches recently. Opening a bank account in the local currency is pretty simple.... read more
Financial Planning
Given the relatively low cost of living in Beijing, many people find they can save some money during their stay. How you make the best of extra cash will depend on how long you expect to... read more
Taxation
If you live and work in Beijing for less than five years, you’ll be liable for individual income tax (IIT) on your China earnings. Stay for more than five consecutive years and you’ll... read more
Legal Issues
With the economic reform that began in the late 1970s, China started to reform its legal system. It is still in a period of transition, with laws (such as the Labour Law, p.73) still... read more
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