China’s National Financing Credit Service Platform: Insights and Impact

Economy & Trade

China has actively developed a National Financing Credit Service Platform to bolster the private sector by enhancing financial support. The credit enhancement services and risk-sharing capital pools can help foreign businesses enhance their operations and financial strategies.

Legal & Regulatory

China Adopted Rules for Complying with New Registered Capital Rules under the Revised Company Law

Companies established before the new company law comes into effect will have three years to adapt to new rules on registered capital in China.

Human Resources & Payroll

China's Visa-Free Policies: Latest Updates

With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.

Industries

New Business Prospects in China’s Waste Recycling Market

We discuss how establishing a waste recycling system is aligned with China’s broader conservation strategy and push for a circular economy.

Get free access to our subscriptions and publications

Subscribe to receive weekly China Briefing news updates, our latest doing business publications, and access to our Asia archives.

Sign Up Now
China Briefing

Economy & Trade

Economy & Trade

China’s National Financing Credit Service Platform: Insights and Impact

Jun 12

China has actively developed a National Financing Credit Service Platform to bolster the private sector by enhancing financial support. The credit enhancement services and risk-sharing capital pools can help foreign businesses enhance their operations and financial strategies.

 

Tax & Accounting

Tax & Accounting

Understanding IFRS 18: Key Updates for Financial Statement Presentation and Disclosure

Jun 11

The new IFRS 18 standard will impact all entities applying IFRS, influencing how they present and disclose financial performance. In this article, we explore the essential aspects of IFRS 18 and guide entities on the necessary steps to prepare for this upcoming standard.

  • China Monthly Tax Brief: May 2024

    Tax & Accounting Jun 03

    Highlights from this monthly China tax brief include the new beneficiary owner reporting rules to be effective from November 1, 2024, the expanded tax incentives in the Qianhai Cooperation Zone, and the advance tax ruling measures implemented in Beijing and Maoning City.

  • Tax Implications for Businesses Under China's New Company Law

    Tax & Accounting May 31

    Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.

  • Greater Bay Area (GBA) IIT Subsidy Kicked Off in Shenzhen 2024

    Tax & Accounting May 27

    The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.

  • An Introduction to Doing Business in Hong Kong 2024

    Tax & Accounting May 20

    This publication, updated in April 2024, is designed to introduce the fundamentals of doing business in Hong Kong. This guide covers corporate establishment, tax and audit, HR and payroll, and cybersecurity and data protection.

 

Legal & Regulatory

Legal & Regulatory

New Data Security Risk Assessment Rules for Industry and Information Technology Sectors

Jun 13

New trial rules clarify data security risk assessments requirements for companies processing core and important data in the industrial and IT fields.

Industries

Industries

Navigating China’s Evolving Approach to Human Genetic Resources: Insights on Regulatory Changes

Jun 04

China has transferred the management of human genetic resources to the National Health Commission, aiming to streamline regulations and foster biotech innovation by balancing oversight and reducing bureaucratic burdens. This shift is expected to enhance international collaboration, attract foreign investment, and expedite drug development in China.

 

HR & Payroll

HR & Payroll

Managing Recruitment Risks in China: A Comprehensive Approach

Jun 07

Recruitment carries inherent risks. Non-compliance with labor laws, as well as violations of employment equality and personal information protection regulations during the recruitment process, can result in administrative penalties or other legal consequences. 

  • Greater Bay Area (GBA) IIT Subsidy Kicked Off in Shenzhen 2024

    HR & Payroll May 27

    The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.

  • An Introduction to Doing Business in Hong Kong 2024

    HR & Payroll May 20

    This publication, updated in April 2024, is designed to introduce the fundamentals of doing business in Hong Kong. This guide covers corporate establishment, tax and audit, HR and payroll, and cybersecurity and data protection.

  • China Trade Union Funds Explained

    HR & Payroll May 16

    We introduce China trade union funds system, examining sources, regulations, and payment methods. Additionally, we explore the current state of trade unions in China, with specific considerations for foreign-owned enterprises.

  • China Fully Allows Visa-Free Entry for Foreign Tourist Groups on Cruise Ships

    HR & Payroll May 15

    Starting May 15, 2024, foreign tourist groups traveling by cruise ships and organized by Chinese domestic travel agencies can enter China visa-free from ports in 13 cities and stay in eligible areas for 15 days.

 

Technology

Technology

New Data Security Risk Assessment Rules for Industry and Information Technology Sectors

Jun 13

New trial rules clarify data security risk assessments requirements for companies processing core and important data in the industrial and IT fields.

 

Expert Guidance about Business in Asia

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.

Business Updates for All Asia Markets

Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.

About Asia Briefing Ask Us a Question

Need More Guidance?

China Briefing Publications

Download magazines and guides on doing business in China.

Download Now
Back to top