Other Briefings
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’s Industrial Power Rates: A Guide for Investors
China’s industrial power rates depend upon the category of industry, type of electricity usage, region where it is located, time of use, as well as charging method that the company chooses to go along with.
China’s Export Surge: A Closer Look at H1 2024 Trade Expansion
China’s exports surged 6.9 percent in H1 2024 to RMB 12.13 trillion, bolstered by high-tech sectors, with significant growth in trade with ASEAN and Latin America. However, exports to the EU, US, Japan, and Australia declined. We offer a comprehensive breakdown and analysis of China’s trade dynamics for H1 2024 and insights into future trends.
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.
Hong Kong’s New Patent Box Regime: A 5% Tax Concession for Qualified IP Income
The patent box tax concession in Hong Kong was enacted on July 5, 2024. Taxpayers who meet specific requirements can be charged profits tax at the concessionary rate of 5 percent instead of the normal profits tax rate of 16.5 percent.
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.
