Capital Account Approval in Xuancheng: A Local Lawyer's Ground-Truth Checklist
Xuancheng on the Map: Why Capital Account Approval Matters Right Now If you’re a US founder looking at Anhui province, you’ve probably noticed Xuancheng isn’t exactly Shanghai—but it’s punching above its weight. The city’s historic streets are seeing a new wave of cross-border investment, and local authorities are tightening up how foreign capital flows in and out. The recent news about instant tax refunds for overseas visitors in Shanghai’s Xuhui District (March 6, 2026) is a small signal: China is actively smoothing the path for foreign consumption and investment. But for business capital, the rules are stricter, and the paperwork is heavier. ...