China Briefing News

We cover the latest economy and trade, legal and tax updates, industry insights, and HR and payroll news that are most relevant to doing business in China. Here are our top China news summaries.

China Issues 24 New Measures to Attract Foreign Investment

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China’s legislature has released a new action plan outlining measures to boost foreign investment in the country.

China’s Foreign Minister Wang Yi to Visit Australia for Trade and Technology Talks

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Chinese Foreign Minister Wang Yi is expected to visit Australia in late March, which will boost trade diplomacy between the two nations.

2024 Guidelines for Foreigners to Live and Work in China

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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.

China-Germany Bilateral Direct Investment: Trends and Outlook

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China and Germany remain important investment partners, despite the mutual decline in FDI flows registered in 2023. We analyze recent trends and discuss the sectors that continue to drive bilateral investment.

China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services

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China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.

China’s Economy Expands 5.3% in Q1 2024

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China’s GDP expanded 5.3% in Q1 2024 thanks to strong manufacturing and services output, setting the country on track to reach its annual growth target.

China’s Draft Certification Standards for Cross-Border Personal Information Transfer (Updated)

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China’s standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.

Cross-Border Data Transfer – New Measures Clarify Security Review Requirements

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China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.

Standard Contract Measures for Personal Information Export Come into Force June 1, Additional Guidelines Released

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The CAC has adopted measures for the streamlined “Standard Contract” procedure for exporting personal information. Here’s how it works.

Navigating China’s New Company Law: A Guide for Foreign Investors – New Publication Out Now

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China’s New Company Law has far-reaching implications for businesses. In this publication, we guide foreign investors through the changes of the New Company Law for existing and new FIEs and relevant stakeholders.

Case Study: Strategy and Timing for Success in Cross-Border Dispute Resolution

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Cross-border disputes have been increasing in China. This case study serves as a practical illustration of the available courses of action for foreign suppliers when their Chinese counterparts default on payments.

Shanghai’s Lingang New Area Launches First Cross-Border Data Service Center to Facilitate Data Export

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The new cross-border data service center will provide consulting services to companies in Shanghai and facilitate data export.

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