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.

China Issues 24 New Measures to Attract Foreign Investment

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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

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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

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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

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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.

Shanghai’s Lingang New Area Launches First Cross-Border Data Service Center to Facilitate Data Export

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The new cross-border data service center will provide consulting services to companies in Shanghai and facilitate data export.

Annual CIT Reconciliation in 2024 – A Brief Guide for Companies

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Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2024.

Verification Letter of Invitation Requirement in the China Visa Process: A Brief Guide

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A Verification Letter of Invitation is necessary for certain foreigners applying for M/F visas to China, particularly those from Middle East countries. We discuss who needs to apply, the application process, and the potential risks associated with this document.

China-Netherlands Relations: Bilateral Trade and Investments Overview

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We discuss trade and investment relations between China and the Netherlands, areas of potential business growth, and standing challenges.

Cross-Border Dispute Resolution in China: Key Challenges and Strategies

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Understanding the core aspects of cross-border dispute resolution process in China and implementing suitable strategies is imperative. We introduce the common types of cross-border disputes, explain the challenges for foreign investors, and provide practical tips.

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.

Hong Kong Launches a New Capital Investment Entrant Scheme

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Launched in March 2024, the New Capital Investment Entrant Scheme (New CIES) makes investing in Hong Kong easier for eligible individuals.

Standard Contract Measures for Personal Information Export Come into Force June 1, Additional Guidelines Released

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The CAC has adopted measures for the streamlined “Standard Contract” procedure for exporting personal information. Here’s how it works.

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