The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
Our daily updates on the latest events as they occur, together with ongoing advisory on how best to manage your China business exposure during COVID-19.
Chinese Foreign Minister Wang Yi is expected to visit Australia in late March, which will boost trade diplomacy between the two nations.
China’s mainland provinces have released their GDP growth targets for 2024, most of which exceed five percent, alongside their GDP data and economic performance assessment for 2023.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
China has decided to expand its 15-day visa-free travel policy to six additional European countries on a trial basis, during the period between March 14 and November 30, 2024.
China Sets 2024 GDP Growth Target at "Around 5%": Key Highlights from the Two Sessions
What to Expect for the 2024 Two Sessions - GDP Growth Target and Policy Agenda
China's Dairy Industry - Market Trends and Opportunities
China’s Gaming Industry: Trends and Regulatory Outlook 2024
Record Highs in Travel, Consumption Boost Mark 2024 Chinese Spring Festival Holidays
In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in February 2024. These initiatives aim to clarify tax compliance, support businesses, promote headquarters, expand market access, and attract talent.
The 2024-25 Hong Kong Budget introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.
Under new rules on foreign-sourced income exemption, MNEs that don't meet certain substance requirements may be taxed on some types of income derived overseas.
Annual IIT reconciliation for the year 2023 will start soon. Taxpayers who need to make the final tax settlement between March 1 to March 20 need to make an appointment starting from February 21, 2024.
Certain businesses in Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (HTCZ) will qualify for a 15 percent corporate income tax (CIT) rate. We discuss the eligibility criteria and explain China's preferential CIT policy.
In this monthly China tax brief, we highlight January 2024 policies and measures announced for supporting businesses, expanding market access, facilitating cross-border tax payment and refund, and increasing tax certainties.
Preparing for the Year of the Dragon: HR Strategies and Travel Trends During Chinese New Year 2024
VAT Refund for Hiring Disabled Employees: An Explainer
Asia Transfer Pricing Brief: Q4 2023
Annual Filing of Stamp Tax on Business Account Books before January 15: FAQs
China Monthly Tax Brief: December 2023
Companies in China must conduct a personal information protection impact assessment to handle certain types of data and carry out certain transactions.
China's three stock exchanges have respectively issued their ESG reporting guidelines for certain types of listed companies starting 2026. We provide the details.
We discuss China's new rules regarding merger filing thresholds, including reduced turnover criteria and roll-back of the 'killer acquisition' clause. However, companies opting for M&A in China and falling below the turnover thresholds must still assess whether their deal could potentially harm competition in their sector as that evaluation would trigger an SAMR investigation.
New efforts to reform company deregistration procedures in Shanghai seek to facilitate market exit and improve the ease of doing business in the city.
Six months after China announced 24 measures to optimize the foreign investment environment in the country, we discuss the progress made.
China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.
How to Legally Handle Sensitive Personal Information in China
Investing in China’s Anti-Aging Market: Trends and Opportunities
China Issues Rules on Transition Period for Complying with New Registered Capital Rules
China Issues Special Measures to Ease Market Access in the Nansha District, Guangdong
Shanghai’s Lingang New Area to Trial Measures to Facilitate Cross-Border Data Transfer
The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.
The dairy industry in China has grown to become the second largest in the world, presenting a myriad of new opportunities for investors.
China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.
We discuss why China's gaming industry is a global powerhouse despite regulatory interventions, boasting growth in revenue and market share.
China's Education Sector: Latest Trends and Policies
Investing in China’s Anti-Aging Market: Trends and Opportunities
China's Futuristic Industries: Investment Prospects in the Emerging Low-Altitude Economy
Navigating Hong Kong’s ESG Landscape: Regulations, Trends, and Opportunities
China’s Medical Beauty Industry: Challenges, Trends, and Opportunities
China has made strides in facilitating the hiring of more women in the workforce, although gender discrimination challenges persist.
China has decided to expand its 15-day visa-free travel policy to six additional European countries on a trial basis, during the period between March 14 and November 30, 2024.
With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
Coming into 2024, Henan, Jiangsu, and Zhejiang, Hubei, Ningxia, Jiangxi, and Liaoning has released their new minimum standards.
The updated guidelines released by China’s Ministry of Commerce outline essential procedures and considerations for foreign businesspersons living and working in China, covering accommodations, visas, work permits, and emergency protocols.
From arranging additional leave to issuing annual bonuses, here's how HR teams can prepare for the eight-day Chinese New Year holiday.
China's Social Security System: An Explainer
China and Thailand to Waive Visa Requirements Permanently from March
China-Singapore 30-Day Mutual Visa Exemption Starts Feb.9
China Implements Five New Measures to Ease Entry for International Travelers
Greater Bay Area Preferential IIT Subsidy for Foreign Talent in 2023/24
Companies in China must conduct a personal information protection impact assessment to handle certain types of data and carry out certain transactions.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.
Companies collecting, processing, and transferring sensitive personal information in China must comply with strict requirements for user consent and data protection.
Lingang New Area in Shanghai will trial measures to facilitate data export, improving the business environment for companies in the area.
New guidelines allow companies to sign standard contracts to transfer personal information between Hong Kong and the Chinese mainland.
How to Ensure Successful ERP Implementation in China?
PIPL 2023/24: Cross-Border Data Transfer in China Handbook - New Publication Out Now
China Moves to Facilitate Cross-Border Data Flows, Hints at Regulatory Easing in 2024
China’s Cybersecurity Regulator Issues Draft Measures on Incident Reporting
All Apps and Mini Programs to be Registered by End of March 2024 - A Quick Guide