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.

Shanghai Lingang New Area Releases Whitelists for Data Export, Facilitating Cross-Border Data Flows

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Shanghai’s Lingang New Area has released general data lists that will facilitate data export for companies in the automotive, biopharma, and mutual fund sectors.

Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer

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The Tianjin Free Trade Zone has released China’s first data Negative List outlining the types of data that must undergo a security review by China’s cybersecurity bureau to be transferred out of China.

China’s New Measures to Support Foreign Investment in Sci-tech Firms

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China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.

Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies

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The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.

Unlocking Opportunities: Hainan’s 2024 Encouraged Industries Revealed

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Hainan has officially launched the 2024 catalogue of encouraged industries, featuring 33 new additions compared to the 2020 edition.

EU-China Relations After the 2024 European Elections: A Timeline

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Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.

Draft Standards for Personal Information Protection Compliance Audits – Key Guidelines for Companies

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The new draft standards provide useful guidance for companies in China to carry out personal information protection compliance audits proposed under draft measures in 2023.

US-China Relations in the Biden Era: A Timeline

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Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

China’s GDP Expands 5% in H1 2024

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China’s GDP expanded by 5.0 percent during the first half of 2024, aligning with the economic target set at the beginning of the year.

China’s Health Supplements Market: Trends and Opportunities for Businesses

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China’s health supplements market, valued at US$45.5 billion in 2023, is growing rapidly due to increased health awareness post-COVID-19, with strong demand across vitamins, herbal products, sports nutrition, and weight management. We explore the latest trends and market dynamics.

China Expands the 144-Hour Visa-Free Transit Policy to 37 Ports – A Complete Guide

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China has expanded the 144-hour visa-free transit to 37 ports, with Zhengzhou in Henan Province and 8 more cities in Yunnan Province being able to benefit from this policy as of July 15, 2024.

China’s Visa-Free Policies: Latest Updates

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In 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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