Other BriefingsChina-Sweden Economic Relations: Trade, Investment, and Opportunities
China and Sweden are each other’s largest trading partners in Asia and Northern Europe, with notable Swedish exports including pharmaceuticals, machinery, and transport equipment.
Unlocking China’s V2G Potential: Opportunities and Challenges in the Evolving Market
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.
Understanding China’s New Carbon Accounting Plan: Green Compliance and Opportunities
The clear tasks and timelines set in China’s new work plan for improving the country’s carbon accounting system make it urgent for businesses to develop internal carbon accounting capabilities by 2026.
SPC Interpretation: Tort Liability Compensation in Labor Relations and Dispatches
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.
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China-Sweden Economic Relations: Trade, Investment, and Opportunities
Economy & Trade Dec 10 -
New Guide for Cross-Border Personal Data Transfers in the GBA: A Roadmap for Compliance and Security
Legal & Regulatory Dec 09 -
US-China Relations in the Biden Era: A Timeline
Economy & Trade Dec 09 -
China Monthly Tax Brief: November 2024
Tax & Accounting Dec 06 -
China’s Workforce Dynamics and Regional Trends
Economy & Trade Dec 06
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Economy & Trade
China-Sweden Economic Relations: Trade, Investment, and Opportunities
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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US-China Relations in the Biden Era: A Timeline
Economy & Trade Dec 09Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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China’s Workforce Dynamics and Regional Trends
Economy & Trade 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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China-Australia Economic Ties: Trade, Investment, and Latest Updates
Economy & Trade Dec 04On October 10, the Australian government announced that it has agreed on a timetable with China for the full resumption of Australian live rock lobster exports by the end of 2024.
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EU-China Relations After the 2024 European Elections: A Timeline
Economy & Trade Dec 03Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
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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
China Monthly Tax Brief: November 2024
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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Tax Digitalization in China: Impact on Corporate Tax Risk Management
Tax & Accounting Nov 21This article explores the impact of tax digitalization on businesses in China, emphasizing the evolving dynamics of tax risk management, particularly regarding data supervision.
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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... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Legal & Regulatory
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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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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China Opens Doors to Foreign Investment in Cell Therapy and Wholly Foreign-Owned Hospitals in Pilot Cities
Legal & Regulatory 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
Legal & Regulatory 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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China Issues New Export Control Regulations: What Businesses Need to Know?
Legal & Regulatory Nov 19China will implement new regulations on the export control of dual-use items starting December 1, 2024, aiming to enhance national security and align with international standards.
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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 ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of...
Industries
China Expands Access for Wholly Foreign-Owned Hospitals: 9 Cities Open for Investment
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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China's New Renewable Energy Plan: Key Insights for Businesses
Industries Nov 26China'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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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’s Workforce Dynamics and Regional Trends
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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Annual Confirmation for China IIT Special Additional Deductions Starts on December 1
HR & Payroll 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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Integration of Foreigner’s Work Permit with Social Security Card: What You Need to Know
HR & Payroll Nov 28Effective 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.
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China Expands Unilateral Visa-Free Policy to 9 Additional Countries Including Japan, Extends Stay to 30 Days
HR & Payroll Nov 25China has expanded its unilateral visa-free policy to include a total of 38 countries, accommodating more entry purposes and extending the stay duration to 30 days.
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China's Visa-Free Policies: Latest Updates
HR & Payroll Nov 25In 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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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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Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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