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Economy & Trade

China International Import Expo (CIIE) 2024: Key Opportunities for Foreign Businesses and Global Investors

10/21/2024

The 2024 China International Import Expo (CIIE) will be held from November 5-10, showcasing global products and fostering partnerships for foreign businesses in China's vast consumer market.

China-Türkiye Trade and Investment Profile

10/18/2024

The bilateral investment relationship between China and Türkiye is characterized by promising opportunities in various sectors, including automotive, renewable energy, and infrastructure.

China's GDP Grows by 4.8% in the First Three Quarters of 2024

10/18/2024

China's GDP grew by 4.8 percent in the first three quarters of 2024, according to the NBS data. By quarter, the GDP grew by 5.3%, 4.7%, and 4.6% from Q1 to Q3, respectively.

China's Outbound Investment Trends: Sources, Destinations, and Key Sectors

10/16/2024

China’s outbound investment (ODI) is surging from already-record levels. In 2023, China's ODI rose by 8.7 percent to reach US$177.3 billion, making it the third-largest source of ODI globally.

China-India Economic Ties: Trade, Investment, and Opportunities

10/11/2024

China and India reached a record bilateral trade of US$136.2 billion in 2023, with a 6% increase in Indian exports to China. Both nations remain committed to deepening economic ties through mutual investment and cooperation.

US-China Relations in the Biden Era: A Timeline

10/10/2024

Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

Tax & Accounting

An Introduction to Doing Business in China 2024/25 for Polish Companies - New Publication Out Now

10/21/2024

This business guide is designed to support Polish businesses in their first steps towards implementing their China strategy. It offers the latest updates on doing business in China and insights into the Sino-Polish relationship.

China to Pilot Water Tax Nationwide: What Does It Mean for Businesses

10/17/2024

Starting from December 1, 2024, China will implement a pilot water tax nationwide, replacing the current water fee charging mechanism. The cost burden of water usage for residents and general industrial and commercial activities will remain unchanged.

China Tax Filing: Apply for Super Deductions of R&D Expenses for Q1-3 2024 in October

10/14/2024

China's tax authority reminds taxpayers that they can apply for the super deduction of R&D expenses for the first three quarters of 2024 during the October filing period.

China Monthly Tax Brief: September 2024

10/08/2024

In this monthly China tax brief for September 2024, we spotlight policies and measures just announced or scheduled for implementation.

Accounting Digitalization in China: Managing the Impact of Fully Digitalized E-Fapiao and the New Accounting Law

09/26/2024

China's accounting is transforming with digitalization of the e-fapiao and the new Accounting Law, improving efficiency and compliance. Enterprises must adopt digital tools for accurate financial management and regulatory adherence.

Stay Alert: Guide to Preventing New Types of Fraud for Financial Staff

09/23/2024

New types of fraud targeting corporate finance personnel are diverse and continuously evolving with technological advancements. We explain the common fraud methods and strategies to prevent unnecessary losses.

Legal & Regulatory

An Introduction to Doing Business in China 2024/25 for Polish Companies - New Publication Out Now

10/21/2024

This business guide is designed to support Polish businesses in their first steps towards implementing their China strategy. It offers the latest updates on doing business in China and insights into the Sino-Polish relationship.

SPC Interpretation: Tort Liability Compensation in Labor Relations and Dispatches

10/15/2024

China's Supreme People's Court (SPC) has issued a judicial interpretation, which clarifies the tort liability compensation in labor relations and dispatches, among others. 

Setting Up a Family Office in Hong Kong

10/07/2024

Hong Kong's strategic location, robust financial infrastructure, favorable tax regime, and high quality of life make it an ideal destination for establishing family offices.

Renegotiating Long-Term Commercial Contracts for Greater Cost Savings

10/03/2024

All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation, which can lead to significant savings and greater resilience.

China Issues New Regulations on Network Data Security Management, Effective January 1, 2025

10/02/2024

On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.

Reducing Labor Costs in China with a Sustainable Workforce Structure

09/18/2024

Optimizing labor costs sustainably in China involves adopting flexible employment practices, adapting to economic challenges, and implementing effective compensation structures.

Industries

Unlocking China’s V2G Potential: Opportunities and Challenges in the Evolving Market

10/10/2024

China has announced a significant push towards large-scale Vehicle-to-Grid (V2G) pilot projects. This article examines the opportunities these developments present for investors while addressing the key challenges in this evolving market.

Navigating China's F&B Market: Key Growth Trends and Opportunities

09/25/2024

China's F&B market offers significant growth opportunities, attracting foreign companies despite intense competition. Success depends on adapting to evolving consumer trends and driving innovation.

Exploring China’s Leading AI Hubs: A Regional Analysis

09/03/2024

In this article, we explore the distinct opportunities and strategic advantages offered by China's key AI hubs, highlighting their roles in shaping the future of China’s AI industry landscape.

Why Use a Separate Domain Name for your China Business

08/05/2024

Using a separate domain name for your China business can help enhance accessibility, ensure compliance with local laws, and provide a better user experience for customers.

China's Industrial Power Rates: A Guide for Investors

07/31/2024

China’s industrial power rates depend upon the category of industry, type of electricity usage, region where it is located, time of use, as well as charging method that the company chooses to go along with.

China's Futuristic Industries: Investment Prospects in the Emerging Low-Altitude Economy

07/24/2024

Key regions like Guangdong, Shenzhen, and Chengdu are spearheading development through substantial investments and regulatory support, despite challenges in infrastructure and safety.

HR & Payroll

An Introduction to Doing Business in China 2024/25 for Polish Companies - New Publication Out Now

10/21/2024

This business guide is designed to support Polish businesses in their first steps towards implementing their China strategy. It offers the latest updates on doing business in China and insights into the Sino-Polish relationship.

Transit Visa Exemptions in China: 24-Hour, 72-Hour, and 144-Hour Options

10/17/2024

Foreign travelers have several options for transit visa exemptions when traveling through China between two different countries, including 24, 72, or 144 hour transit visa exemptions.

A Guide to Minimum Wages in China (As of October 15, 2024)

10/16/2024

Jilin and Yunnan's new minimum wage standards will take effect October 1, 2024, both of which surpass the RMB 2,000 (US$275) mark.

SPC Interpretation: Tort Liability Compensation in Labor Relations and Dispatches

10/15/2024

China's Supreme People's Court (SPC) has issued a judicial interpretation, which clarifies the tort liability compensation in labor relations and dispatches, among others. 

Zhejiang Province Extends Marriage Leave to 13 Days

10/01/2024

Amid Zhejiang’s recent extension of marriage leave from 3 days to 13 days, we provide a comprehensive table of marriage leave policies across China’s major provinces.

2024 China National Day Holiday Guide: Rest Days, Work Schedule, and Overtime Pay

09/29/2024

The 2024 China National Day holiday is just around the corner. This article outlines the official holiday and work adjustment schedule released by the Chinese government, as well as the guidelines for salary payments and overtime pay during this period.

Technology

US-China Relations in the Biden Era: A Timeline

10/10/2024

Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

EU-China Relations After the 2024 European Elections: A Timeline

10/08/2024

Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.

China Issues New Regulations on Network Data Security Management, Effective January 1, 2025

10/02/2024

On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.

Investing in China’s Emerging and High-Tech Industries - Opportunities for Foreign Companies

09/16/2024

China's efforts to achieve innovation-led economic growth presents a host of new investment opportunities in the country's emerging and high-tech industries.

Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone 

09/06/2024

The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.

China's State Council Passes Key Data Security Regulations

09/04/2024

A new draft regulation strengthens China's cybersecurity and data protection framework. We look at what the document says.

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The BRICS is Expanding, Should The United States Be Concerned?

November 16th, 2022 Read Article
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