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
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
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
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
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.
China Announces Several Measures to Facilitate Hotel Accommodation for Overseas Personnel
New measures in China aim to simplify access to hotel accommodations for overseas travelers by removing barriers and enhancing services.
China’s Third Plenum – Key Takeaways for Foreign Investors
The Third Plenum vowed to implement myriad reform policies by 2029 to grow the economy, improve the private sector, boost foreign investment, reform the tax regime, and more.
EU-China Relations After the 2024 European Elections: A Timeline
Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
China’s Futuristic Industries: Investment Prospects in the Emerging Low-Altitude Economy
Key regions like Guangdong, Shenzhen, and Chengdu are spearheading development through substantial investments and regulatory support, despite challenges in infrastructure and safety.
China Offers Special Equipment Tax Incentive for Green and Digital Development
The new incentive allows companies to deduct investments in digital and smart upgrades of special equipment from their corporate income tax.
China’s New Ethical Guidelines for Human Genome Editing Research
China’s new Ethical Guidelines for Human Genome Editing emphasize regulations to address ethical concerns and ensure responsible research.
Trump v Biden: How Will the 2024 Presidential Election Outcome Impact US-China Relations?
As Trump and Biden vie for a second term in office, we discuss the potential impact of the 2024 US election on trade, diplomacy, and doing business with China.
Unlocking Opportunities: Hainan’s 2024 Encouraged Industries Revealed
Hainan has officially launched the 2024 catalogue of encouraged industries, featuring 33 new additions compared to the 2020 edition.