New Service Between Middle East and Red Sea!

Since two India-China services – CI6 & CI3 have been launched in January this year, Wan Hai Lines also extends service to the Red Sea area this month.     “AR1” service   Wan Hai Lines is pleased to announce the launch of Far East – Red Sea “AR1” service on April 6th, 2018. This new service will help to expand Wan Hai Lines network by providing direct service from Far East to Red Sea area.      Jointly operated with THE Alliance   AR1 will be jointly operated with THE Alliance by using 7 vessels with loadable capacity of 4,800 TEU. Wan Hai Lines will deploy 1 vessel and THE Alliance will deploy 6 vessels. AR1’s maiden voyage will commence from Pusan port on April 6th, 2018.      Port rotation   The port rotation will be: Pusan – Shanghai – Ningbo – Shekou – Singapore – Port Klang – Jeddah – Sokhna – Aqaba – Jeddah – Singapore – Ningbo – Pusan For more shipping and logistics information, welcome to follow HACOSLogistics! Thanks for your support! HACOS,Business Services Solutions Master

Attention! New Rules for HK Company Since March 1!

In order to improve the transparency of beneficial owenship of Hong Kong company and fulfill international obligations that prevent money laundering and terrorist, Hong Kong Companies Registry announces new rules recently:Since March 1, 2018, company registered in Hong Kong (except for listed company) needs to keep an record of Significant Controller Register (“SCR”) at the office where the company registered.● Original document of the announcement● Attachment of the announcementDetails of the New RulesAccording to the notice issued by Hong Kong Companies Registry, companies need to keep SCR in record for the sake of necessary check by specific government officers.CR is kept at the Hong Kong Companies Registry or other designated HK offices, and for checking purpose by government officers only, including officers from HK police, Companies Registry, ICAC and China Securities Regulatory Commission. Specifically, the rule is only for unlisted companies.Matters Need AttentionAccording to the new rule, companies should:• Keep an record of Significant Controller Register (“SCR”) at the office where the company registered.• Confirm the company’s controller by following designated steps.• Fill our detailed information of the controller.• Update the SCR information in time.• Submit the SCR and its copy for check by the officer when necessary.Specifically, the detailed information kept in SCR is concerning the controller’s name, address, ID number, date of becoming the controller and the controlling character.In addition, at least one representative appointed by the company should offer assistance to the officer when the officer record SCR, and the representative should at least be:• One of the member from the company, or the company’s director or employee who lives in HK.• An accountant or legal professionals registered in HK, or a certified licensed “Trust or Company Service Provider”.Therefore, if the company hasn’t (or doesn’t want to appoint) any company’s shareholder, director or employee who lives in HK as its representative, it can delegate HK registered lawyer, accountant or other certified licensed HK company service provider. Moreover, the exact name and contact way of the representative should be recorded into the Registry.PenaltyIf any company fails to perform the mentioned duty, it will subject to a criminal punishment — a penalty of 25,000hkd (the 4th level punishment) for the company itself and for each principal of the company. Worse still, there are additionally 700hkd as daily penalties.We are here to remind you thatBE MORE CAREFUL about the new rule!?These Articles May Help YouEnter China Without Visa: 24, 72 & 144 Hour Options!How to Apply For Family Visa? Check It Out!Only 3 Days To Get HK Visa, Try This Way!How to Apply For Non-criminal Record For Work Permit?How to Get a Chinese Tourist Visa? Check it!Must-see When Apply For or Extend Chinese Visa!Tell You All Types of Chinese Visas!HACOS,Business Services Solutions Master

As Foreign Students in China, You Should Know These…

Historically China is one of the largest exporters of foreign students. But the recent economic development has played a vital role to introduce itself as a hub for international students as well.How many foreigners study in China?Whereas foreign students historically only traveled to China for language courses, students from around the world are increasingly drawn to China to enroll in technical courses and obtain professional degrees. China’s economic boom has also created new opportunities for middle-class families mainly from Asia and Africa, to send their children to study abroad.According to China’s Ministry of Foreign Affairs (MOFA), over 440,000 foreigners studied in China in 2016 – marking a 35 percent increase from 2012. China attracts more international students than any other Asian power and ranks third globally, behind the United States and the United Kingdom.Graph: This interactive explores the flow of international students in China by their country of origin. Students are divided by their term length. Short-term students remain in China for six months or less. Long-term students are enrolled in programs lasting longer than six months. (Source: chinapower.csis.org)The total share of international students seeking higher-education degrees in China grew by 13 percent over the past 10 years, jumping from almost 55,000 students in 2006 to nearly 210,000 students in 2016.As a share of all foreign students in China in 2016, 33 percent pursued undergraduate degrees, while 14 percent pursued either Master or Doctorate degrees. Approximately 30 percent of students were enrolled in primary or secondary schools.Over 50 percent of China’s inbound international students come from neighboring countries, such as South Korea, Thailand, and Russia. Students from South Korea alone account for almost 16 percent of all foreign students studying in China in 2016. By comparison, the United States draws nearly 80 percent of its foreign students from Asia and the Middle East.China welcomes foreign students,but jobs hard to come by!Indonesian student Calvin Ho became interested in China in 2013 and applied for a place in a two-year master’s programme in international relations at Beijing’s prestigious Tsinghua University last year.He said he had been very satisfied with the class discussions, his alumni network and his weekend expeditions, and had hung the medals he earned by finishing two marathons in Beijing on his dormitory wall. But Ho, who is also learning Chinese, said that when it came to the finding a job after his graduation next summer, he admitted he was clueless.“I really, really want to work in China, to take advantage of my educational background, but some of my seniors did not get a job and had to return home,” he said. “I think there are campus job fairs, but they are all in Chinese.”“My feeling is it’s not difficult to find a job, but not necessarily the one you want,” said Charlotte Conerly, who graduated with a master’s degree in international relations from Tsinghua University this summer. “It’s very easy to find a job teaching English, or something that needs English speaking or writings skills,” but that was not the career of her dreams.Malaysian Joker Lai Kok Kiong, who obtained a bachelor’s degree at a university in Fujian and is now studying for a master’s degree in sports industry management in Beijing, agreed it was not difficult to find a job, but it was harder to find one he really liked.What’s in the near future?However, China’s international student numbers might grow even more rapidly thanks to an aggressive new push to establish itself as the world’s most dominant power in higher education “the Belt and Road” education initiative, which was officially launched in June 2017.The programme, which is formally titled the Belt and Road Alliance for Industry and Education Collaboration, is described by the IIE’s report as a series of “cultural and technical partnerships among higher education institutions along the 21st-century maritime Silk Road”, which will deepen connections mainly with universities in Hong Kong, Singapore, Vietnam and other Pacific neighbours, but also in Russia, Turkey and Eastern European countries.“What we see is greater mobility, growing interconnectedness, increased dialogue and many more bridges rather than barriers,” they state.Let’s have a look what other foreign studnts are saying about their life, study, and experience in China. Youtube link(outside of china)https://www.youtube.com/watch?v=ac6kMFWaC2YWhat do you think? Are you satisfied with Chinese education? Do you regret to come over here and study? What’s your future career plan? What you have gained from Chinese education system? Put your views on comment section.Source:http://www.scmp.com,www.timeshighereducation.com?These Articles May Help YouChinese Banks Will Cancel These Charges Since August 1!How to Get Money Back When You Transfer to Wrong WeChat Account?Guidelines: Transfer Money Overseas Via Alipay!Such QR Codes Can Steal Your Money! Be Careful!5 Financial Tips For Expats In China!RMB With These Numbers Are All Fake! Pay Attention!How Much Money Can I Bring When Entering China?HACOS,Business Services Solutions Master

Are You Qualified For China Z-visa! This 1-Min Test Can Tell!

As you know, the New Points System for work visa was strictly implemented on April 1. According to the points you get, individuals will be classified to Type A, B and C. Different type has different success rate for Z-Visa Application! However, the calculation is a bit difficult for most people, so HACOS make a test program that can help you figure out the answer in 1 minute! ☝☝☝ TAP IT TO START TO THE TEST If you need helps to improve the success rate you can ask HACOS for help. # But you should notice that, this test is just for reference, only the government has right to decide whether you can get the Z-Visa or not. No more hesitation, Just make a test , and check which type you are! ?These Related Articles May Help You China Launches New Green Card For Foreigners! Tell You All Types of Chinese Visas! Check It! To Marry A Chinese And Get A Green Card? Xi: Reducing China “Green Card” Requirement ! New Process of Z-Visa Application You Must Know! Today! New Points System For Work Visa Starts! Green Card? Are You Qualified for It? HACOS,Business Services Solutions Master