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
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
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
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
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.
US-China Relations in the Biden Era: A Timeline
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
How to Get a Certificate of No Criminal Record in China – A Guide for Foreign Residents
We explain how foreign residents can obtain a certificate of no criminal record in China, using the city of Shanghai as an example.
China Announces Industrial Equipment Upgrading Action Plan
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
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
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)
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
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
The CAC has adopted measures for the streamlined “Standard Contract” procedure for exporting personal information. Here’s how it works.