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.
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.
Filing Individual Tax Returns in Hong Kong: A Complete Guide
Hong Kong’s Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
A Guide to Minimum Wages in China (Last Updated on May 14, 2024)
Coming into 2024, Henan, Jiangsu, and Zhejiang, Hubei, Ningxia, Jiangxi, and Liaoning has released their new minimum standards.
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.
China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations
China’s new Tariff Law consolidates prior rules on import and export duties and codifies measures for imposing counter-tariffs on imported goods.
China-United Arab Emirates (UAE): Bilateral Trade and Investment Outlook
China is among the UAE’s top commercial partners; both benefit from booming bilateral trade and investment cooperation on major BRI projects.
China Introduces New Policy Measures to Facilitate the Movement of Residents
China’s National Immigration Administration has introduced a range of measures to simplify entry and exit procedures, extend business stays, and address tourism needs, aligning with the vision of a more integrated Greater Bay Area.
China Monthly Tax Brief: April 2024
Highlights from this monthly China tax brief include a new tariff law, extended IIT payment period for listed company equity incentives to 36 months, streamlined foreign exchange management rules, and guidance for individuals handling overseas tax and fee liability.