Written in China and read by professionals
in over 160 countries worldwide





China Briefing is a monthly magazine and daily news service about doing business in China. We cover topics relating to the Chinese economy, the market in China, foreign direct investment and Chinese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates




Market Indexes

Shanghai

Shenzhen

FDI and Foreign Trade

Huizhou Launches Enterprise Registration and Examination Reform

May 23 – The Huizhou government held a mobilization conference on May 17 to officially launch its enterprise registration and examination trial reform, which aims to “simplify what can be simplified; permit what can be permitted; accelerate what can be accelerated; and optimize what needs to be optimized.”

It is the first time that the Guangdong provincial government has approved the enterprise registration and examination reform to be trialed at the city-level. As a result, the Guangdong government has ordered the related departments at the provincial level to fully support and guide the trial reform in Huizhou. Continue reading

Posted in Business, FDI and Foreign Trade, Finance, Tax and Accounting, Legal and Regulatory, Regulatory Update, South China | Tagged , , , , , , , | Leave a comment

U.S. Burdens Chinese Solar Panel Manufacturers with Anti-Dumping Tariffs

By Sofia Liska

May 22 – The U.S. Commerce Department has imposed tariffs of 31 percent to 250 percent on Chinese solar panels, upsetting American solar panel installers, Chinese solar panel manufacturers, and Chinese officials. In doing so, the U.S. government effectively sided with solar panel manufacturer SolarWorld Industries America, who claimed that Chinese companies were dumping their under-priced and illegally subsidized solar panels onto the U.S. market.

The United States had already imposed a tariff in March of between 2.9 percent and 4.73 percent in order to offset the illegal government subsidies received by Chinese solar panel manufacturers, but American solar panel manufacturers were not satisfied. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Science and Tech, Technology | Tagged , , , , , , , , , , | Leave a comment

Why ASEAN Matters For Your China Business

The 2015 Free Trade Agreement will soon kick in. Is your China business ready?

Op-Ed Commentary: Chris Devonshire-Ellis

May 22 – The term “ASEAN” is cropping up more often these days, yet still many businesses in China are unaware of what it is and why it is gaining in importance. The basic answer is fairly simple – free trade across Asia. That means reduced or zero customs duties across a space that includes the 10 ASEAN nations in Southeast Asia, and includes China, India, Australia, New Zealand, Japan and South Korea. Continue reading

Posted in Business, Economy and Politics, FDI and Foreign Trade, Featured | Tagged , , , , , , , , , | 1 Comment

China’s Exploding Wine Consumption

U.S., Chile, Australia as well as old world wines all generating increasing market shares as China develops new tastes

Op-Ed Commentary: Chris Devonshire-Ellis

May 21 – China is a country that continues to surprise, even 20 years after I first established my business there. Back in 1992, drinking coffee was limited to the few hotels that even had such a thing as a Nescafe sachet. Last October, Starbucks opened its 500th store, not bad going for a nation once considered purely tea drinkers. The same story, that of changing consumer tastes, has filtered across many F&B markets, not least with wine. In 1992, red wine would be drunk as a highball with coke, and white wine with 7Up. While that may be understandable given the general quality of wine in China at the time, that is not the case today, and rather like the coffee phenomena, wine consumption has sky rocketed and continues to do so. Continue reading

Posted in Business, FDI and Foreign Trade, Markets, Retail | Tagged , , , , | 3 Comments

U.S. Eases Financial Sanctions on Myanmar

News gives China-based U.S. manufacturers a new neighboring market to consider

May 18 – The United States has decided to ease its financial sanctions on Myanmar after a visit to Washington on Thursday by the Southeast Asian nation’s Foreign Minister Wunna Maung Lwin. The U.S. described the move as a reward in recognition of Myanmar’s dramatic steps to open up its political system.

“As an iron fist has unclenched in Burma, we have extended our hand, and are entering a new phase in our engagement on behalf of a more democratic and prosperous future for the Burmese people,” U.S. President Barack Obama said on Thursday. Continue reading

Posted in FDI and Foreign Trade | Tagged , , | Leave a comment

China-Japan-South Korea Sign Trilateral Agreement and Launch FTA Talks

By Xiaolei Gu

May 14 – Leaders from China, Japan, and South Korea concluded the Fifth Trilateral Summit Meeting and signed the Trilateral Agreement for the Promotion, Facilitation and Protection of Investment (hereinafter referred as the Trilateral Agreement) at a summit in Beijing yesterday. The Trilateral Agreement represents a stepping stone towards a three-way free trade pact to counter global economic turbulence and to boost economic growth in Asia.

According to a joint declaration, the three nations will further enhance the “future-oriented comprehensive cooperative partnership” to unleash vitality into the economic growth of the three countries, accelerate economic integration in East Asia, and facilitate economic recovery and growth in the world. Continue reading

Posted in Economy and Politics, FDI and Foreign Trade, Markets | Tagged , , , , , , | Leave a comment

China FICE vs. Manufacturing WFOE

Op-Ed Commentary: Chris Devonshire-Ellis

May 11 – Foreign-invested commercial enterprises (FICE) are a relatively recent addition to the different types of legal structures available to foreign investors in China, essentially being drafted into law as a reaction to China’s joining the WTO 10 years ago. Prior to this, foreign investors had to use wholly foreign-owned enterprises (WFOEs) or joint ventures in order to trade in China – and even that sector was restricted at the time. The FICE structure enabled foreign investors to establish an entity that would provide both import and export licenses with minimal capitalization for the first time. They were introduced specifically to make it easier for foreign investors to both buy and export China-sourced products without the need for going through an agent, and in accordance with China’s WTO obligations, to allow foreign companies to develop their own sales structures and possess their own import licenses. Continue reading

Posted in Business, FDI and Foreign Trade, Legal and Regulatory | Tagged , , , , , | Leave a comment

Regulations Affecting Foreign-Funded International Freight Transportation Agencies in China

May 10 – In order to create a healthy environment for the development of China’s international freight transportation industry and to establish a regulatory system for business operations, the Ministry of Commerce issued the “Administrative Measures for Foreign-Funded International Freight Transportation Agency Enterprises (Order of the Ministry of Commerce [2005] No.19, hereinafter referred as the ‘Measures’) in 2005.

According to the Measures, foreign investors are allowed to establish foreign-funded international freight transportation agencies in China in the form of a joint venture or cooperation. From December 11, 2005, solely foreign-owned international freight transportation agencies are allowed in China with a minimum registered capital of US$1 million. Foreign investors may acquire established international freight transportation agencies through stock equity purchases. However, the ratio of the equity and investors’ qualifications shall comply with the requirements prescribed in the Measures. Relevant laws and regulations shall be followed if state-owned assets are involved. Continue reading

Posted in Business, FDI and Foreign Trade, Shipping & Logistics | Tagged , , , | Leave a comment




Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


Dezan Shira & Associates, Twenty years of Excellence

The Asia Briefing Bookstore

Our best selling legal, financial, tax and regional guides to Asia business, industry reports and more…
Click here to view all titles now

China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store China Briefing Book Store

NOW AVAILABLE IN PDF