This week, we look at BRI developments in North Europe and Ukraine, China's upcoming plenary sessions in Beijing, and Russian investments in Heilongjiang.
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.
In his latest op-ed, Chris Devonshire-Ellis considers key issues that could be discussed at China's 'Sixth Plenary Session of the 19th Communist Party Central Committee' in November.
All cryptocurrency transactions in China are considered illegal, including offshore exchanges to provide services to Chinese citizens.
China's capital received the green light to further open parts of the Beijing service industry to foreign investment. We discuss what impact this could have on foreign investors.
Heruo Railway connects Hetian City in Southern Xinjiang and Ruoqiang County in Bayingolin Mongolian Autonomous Prefecture, its last kilometer encircling Taklimakan Desert.
In this issue of China Briefing magazine, we introduce China's tax incentive schemes in specific regions and special zones, to encourage technology innovation, and for small businesses.
Hong Kong will amend its tax law to comply with EU standards on taxation of passive income, which may impact some foreign enterprises in the city.
We look at how tax residence is determined in China and the UK and what you should do if you are a tax resident of two countries.
The new regulations on China’s urban maintenance and construction tax clarify the calculation basis and offer an official, consolidated tax framework.
We explain China’s taxpayer credit rating system, including how it works and why it is important for foreign enterprises based in the country and doing business in China.
China has introduced simplified deregistration procedures for certain types of enterprises to expedite their business closure and/or market exit.
Technical suggestions to build a robust IT system, be PIPL compliant, and stay on top of risk assessment mechanisms.
China has released a new draft regulation clarifying data classification criteria and how firms should handle sensitive industrial and telecoms data.
We discuss the relaxations in the registration of market entities in China and the provision of suspending business operations without losing license.
An overview of managerial considerations to conduct an effective supplier review in China and vetting business partnerships in general.
We explain some of the finer legal points of the new Personal Information Protection Law in China, including ways enterprises can prepare to be compliant.
China’s internet watchdog has released a new set of draft regulations for recommendation algorithms. What do they say and who could be affected?
In October, China released new guidelines to promote vocational education. Market access to this sector is being relaxed for foreign investors.
China is seriously regulating game time for its minors and is set to crackdown on gaming contents with new red lines being communicated to developers.
China has banned for-profit private tutoring firms in core education. FIEs in this sector have to stop engaging in such activities and change their business scope accordingly.
China's biotech industry is courting greater innovation and foreign investments, enabled by regulatory reforms and tax breaks in multiple locations.
As a frontier city in the technology industry, Shenzhen’s regulations may be influential in setting national standards for artificial intelligence in China.
As Pudong faces economic slowdowns and technological bottlenecks, new guidelines propose industry reforms, tax breaks, and market openings.
Minimum wages in China continue to grow. In this article, we offer a guide to minimum wage levels across every region in mainland China.
Amid the China labor shortage, companies are reassessing their HR and hiring policies and adopting new strategies to remain competitive.
China has released new incentives to encourage companies to set up apprenticeship programs, as the country seeks to up-skill its workforce.
We discuss HR responsibilities when processing employees’ personal information during the employment period and offer practical advice for compliance.
This Special Edition of Human Resources and Payroll in China, updated for 2021-22, covers key compliances related to HR, payroll, data security, and privacy.
China’s top court has ruled that the “996” overtime work policy (working 9am to 9pm, 6 days a week) is illegal. We discuss the business ramifications.