Other BriefingsChina Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
In December 2024, China introduced a Basic Standards of its Corporate Sustainability Disclosure Standards, aiming to guide businesses in aligning their sustainability practices with global ESG expectations.
Navigating China’s Latest Export Tax Rebate Adjustments: What Are the Implications?
Starting December 1, 2024, China lowers the export tax rebate rate from 13 percent to 9 percent for 209 products such as refined oil, photovoltaic products, and batteries while eliminates the rebate policy for other 59 products.
Integration of Foreigner’s Work Permit with Social Security Card: What You Need to Know
Effective December 1, 2024, foreign nationals entering China will no longer be required to obtain a physical Foreigner’s Work Permit. Instead, they can apply for an electronic social security card via a designated app.
China's New Renewable Energy Plan: Key Insights for Businesses
China's new renewable energy plan aims to significantly boost the country’s renewable energy consumption, setting ambitious targets for 2025 and 2030.
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China Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
Legal & Regulatory Dec 23 -
China-Bulgaria Economic Ties: Trade, Investment, and Opportunities
Economy & Trade Dec 23 -
Closing a Company in China: General Deregistration vs. Simplified Deregistration
Legal & Regulatory Dec 19 -
China’s Economy in November 2024: Mixed Signals amid Persistent Challenges
Economy & Trade Dec 18 -
China Upgrades 144-Hour Visa-Free Transit to 10-Day Stay, Adds 21 Ports
Human Resources & Payroll Dec 18
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Economy & Trade
China-Bulgaria Economic Ties: Trade, Investment, and Opportunities
Dec 21This article closely examines the bilateral trade and investment relationship between China and Bulgaria, exploring potential opportunities for future cooperation.
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China’s Economy in November 2024: Mixed Signals amid Persistent Challenges
Economy & Trade Dec 18China's economy showed mixed performance in November 2024, with industrial production and exports showing resilience, while retail sales and fixed asset investment underperformed, amid ongoing challenges.
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Hong Kong Public Holidays 2025
Economy & Trade Dec 16Hong Kong will observe 17 public holidays in 2025, including five long weekends for Lunar New Year, Ching Ming Festival, Easter, the Birthday of the Buddha, and Christmas.
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China’s Central Economic Work Conference (CEWC): Key Takeaways and Priorities for 2025
Economy & Trade Dec 16The 2024 China’s Central Economic Work Conference (CEWC) outlined China’s economic priorities and strategies for 2025.
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China-Sweden Economic Relations: Trade, Investment, and Opportunities
Economy & Trade Dec 10China and Sweden are each other’s largest trading partners in Asia and Northern Europe, with notable Swedish exports including pharmaceuticals, machinery, and transport equipment.
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Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023
Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ...
Tax & Accounting
Financial Analysis and Cost Audits: Identifying Cost Inefficiencies
Dec 12Identifying cost inefficiencies is crucial for cost reduction, with financial analysis and cost audits serving as key tools. Cost audits also play a vital role in ensuring the sustainability of these optimization measures.
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China Monthly Tax Brief: November 2024
Tax & Accounting Dec 06In this monthly China tax brief for November 2024, we spotlight policies and measures just announced or scheduled for implementation.
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Navigating China’s Latest Export Tax Rebate Adjustments: What Are the Implications?
Tax & Accounting Dec 04Starting December 1, 2024, China lowers the export tax rebate rate from 13 percent to 9 percent for 209 products such as refined oil, photovoltaic products, and batteries while eliminates the rebate policy for other 59 products.
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Annual Confirmation for China IIT Special Additional Deductions Starts on December 1
Tax & Accounting Dec 02From December 1, 2024, the annual confirmation for Individual Income Tax (IIT) special additional deductions begins. Individuals, including expatriates in China, should check their eligibility for these deductions.
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E-Invoicing in China: National Rollout of Fully Digitalized E-Fapiao Starting December 1
Tax & Accounting Nov 26The STA has announced the nationwide rollout of fully digitalized electronic invoices, set to begin on December 1, 2024, following the success of pilot programs.
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Guide to Corporate Taxation and Compliance in China 2025
Published: December 2024Guide to Corporate Taxation and Compliance in China 2025 offers a comprehensive overview of the majo... -
A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi...
Legal & Regulatory
China Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
Dec 23In December 2024, China introduced a Basic Standards of its Corporate Sustainability Disclosure Standards, aiming to guide businesses in aligning their sustainability practices with global ESG expectations.
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Closing a Company in China: General Deregistration vs. Simplified Deregistration
Legal & Regulatory Dec 19This article highlights the differences between the general and simplified procedures when deregistering a company, explains the eligibility criteria, and clarifies common misunderstandings about these processes.
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Encouraged Catalogue for Western China 2025: Trends and Opportunities
Legal & Regulatory Dec 11China has unveiled the latest Encouraged Catalogue for Western China 2025, in a bid to lure investment into prioritized areas of its vast western region.
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New Guide for Cross-Border Personal Data Transfers in the GBA: A Roadmap for Compliance and Security
Legal & Regulatory Dec 09The Technical Committee for Information Security Technology (TC260) has released a new guide to standardize cross-border personal data transfers between the Chinese Mainland and Hong Kong within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This guide introduces enhanced security standards and mutual recognition mechanisms, aiming to facilitate smoother data flows while ensuring robust protection of personal information.
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China Expands Access for Wholly Foreign-Owned Hospitals: 9 Cities Open for Investment
Legal & Regulatory Dec 03China's new policy allows wholly foreign-owned hospitals in 9 key cities, aiming to modernize healthcare, attract global expertise, and meet rising demand.
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Guide to Corporate Taxation and Compliance in China 2025
Published: December 2024Guide to Corporate Taxation and Compliance in China 2025 offers a comprehensive overview of the majo... -
PIPL 2024: Cross-Border Data Transfer in China Handbook
Published: April 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ...
Industries
China Expands Private Pension Scheme Nationwide Following Two-Year Pilot Program
Dec 13After a two-year pilot program, China has officially expanded its private pension scheme nationwide. Starting December 15, 2024, workers nationwide can participate in this supplementary pension scheme.
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China Expands Access for Wholly Foreign-Owned Hospitals: 9 Cities Open for Investment
Industries Dec 03China's new policy allows wholly foreign-owned hospitals in 9 key cities, aiming to modernize healthcare, attract global expertise, and meet rising demand.
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Key Considerations for Entering China’s Healthcare Market
Industries Nov 29The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.
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China Opens Doors to Foreign Investment in Cell Therapy and Wholly Foreign-Owned Hospitals in Pilot Cities
Industries Nov 29China has initiated a new round of foreign investment relaxation pilots in selected cities, permitting foreign investment in cell and gene therapy as well as wholly foreign-owned hospitals.
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Capitalizing on China's Organic Boom: Certification, Trends, and Opportunities
Industries Nov 27China's organic product market is the third largest globally. Understanding the certification process and trends is crucial for stakeholders looking to capitalize on the lucrative opportunities.
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Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers...
HR & Payroll
China Upgrades 144-Hour Visa-Free Transit to 10-Day Stay, Adds 21 Ports
Dec 17China expands visa-free transit policy from December 17, 2024, allowing eligible foreign travelers to stay up to 240 hours (10 days). The update also adds 21 ports, bringing the total to 60 across 24 provinces.
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China's Visa-Free Policies: Latest Updates
HR & Payroll Dec 17In this aritcle, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
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Hong Kong Public Holidays 2025
HR & Payroll Dec 16Hong Kong will observe 17 public holidays in 2025, including five long weekends for Lunar New Year, Ching Ming Festival, Easter, the Birthday of the Buddha, and Christmas.
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China Expands Private Pension Scheme Nationwide Following Two-Year Pilot Program
HR & Payroll Dec 13After a two-year pilot program, China has officially expanded its private pension scheme nationwide. Starting December 15, 2024, workers nationwide can participate in this supplementary pension scheme.
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China’s Workforce Dynamics and Regional Trends
HR & Payroll Dec 05Despite a declining working-age population, China's workforce saw a 6.9 million job increase in 2023, driven by policies re-integrating older workers.
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Guide to HR Compliance and Best Practices in China
Published: June 2024Within China’s changing business landscape, understanding effective recruitment and management pra... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
Technology
New Guide for Cross-Border Personal Data Transfers in the GBA: A Roadmap for Compliance and Security
Dec 09The Technical Committee for Information Security Technology (TC260) has released a new guide to standardize cross-border personal data transfers between the Chinese Mainland and Hong Kong within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This guide introduces enhanced security standards and mutual recognition mechanisms, aiming to facilitate smoother data flows while ensuring robust protection of personal information.
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US-China Relations in the Biden Era: A Timeline
Technology Dec 09Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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EU-China Relations After the 2024 European Elections: A Timeline
Technology Dec 03Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
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E-Invoicing in China: National Rollout of Fully Digitalized E-Fapiao Starting December 1
Technology Nov 26The STA has announced the nationwide rollout of fully digitalized electronic invoices, set to begin on December 1, 2024, following the success of pilot programs.
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China New Pilot Program Removes Foreign Ownership Caps on Telecom and Data Centers
Technology Oct 30China officially launched a new pilot program which allows 100 percent foreign ownership of data centers and value-added telecom services.
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PIPL 2024: Cross-Border Data Transfer in China Handbook
Published: April 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
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