Other Briefings
China Clarifies Recognition of Resident Enterprises Under Hong Kong DTA
Oct. 15 – To enjoy the tax benefits of the double taxation avoidance agreement (DTA) signed between Hong Kong and Mainland China (“the Mainland”), eligible applicants must be tax residents of Hong Kong. Recently, China’s State Administration of Taxation (SAT) released the “Announcement Concerning Resident Status Recognition Procedures in Implementing the DTA between Hong Kong […]
Shanghai FTZ Launches Cross-Border E-Commerce Platform
Oct. 11 – As one of the first waves of projects initiated in the Shanghai Free Trade Zone (“Shanghai FTZ”), Shanghai will be launching a pilot cross-border E-commerce platform called buyeasi.com (“跨境通”, pronounced as “kua jing tong”). A trial run of the platform was completed in the past few days, and it will officially commence […]
Shanghai Releases ‘Negative List’ for Foreign Investment in Shanghai Free Trade Zone
Sept. 30 – The Shanghai Municipal People’s Government released the “Special Administrative Measures on the Entry of Foreign Investment into China (Shanghai) Free Trade Zone (2013 Negative List) (hereinafter referred to as the ‘Negative List’)” on September 30, which details the different treatment for foreign investors and Chinese investors in the Shanghai Free Trade Zone […]
Shanghai’s New Free Trade Zone – General Plan and Regulations
The Translated Regulatory Plan Plus Additional Commentary Sept. 28 – China’s Central Government released the “General Plan for the China (Shanghai) Free Trade Zone (guofa [2013] No. 38, hereafter referred to as the ‘Plan’)” late yesterday afternoon, which lists out the reform tasks and liberalizing measures for the Shanghai Free Trade Zone (FTZ). Detailed information […]
Isolated Internet Freedoms in Shanghai’s Free Trade Zone
Sept. 25 – The Chinese government has apparently endorsed a plan to allow uncensored internet access in the new Shanghai Free Trade Zone (FTZ), according to reports in the South China Morning Post quoting unnamed official sources. Foreign internet service providers would also be allowed to bid for licenses in the zone. “In order to […]
China Proposes New Silk Road Free Trade Zone
The Great Game Takes Another Twist in Central Asia Op-Ed Commentary: Chris Devonshire-Ellis Sept. 17 – Chinese President Xi Jinping last week has been busy in Central Asia, on a trip that coincided with a meeting in Kyrgyzstan to attend the 13th summit of the Shanghai Cooperation Organization (SCO). While many China observers concentrate on […]
China to Crack Down on Use of Hong Kong Shelf Companies?
ChinaWhys scandal could impact upon use of shelf companies with no Hong Kong assets Op-Ed Commentary: Chris Devonshire-Ellis Sept. 3 – A result of part of the investigation into the ChinaWhys scandal and the continuing incarceration of the company’s directors in China could be a shift in attitude towards the use of shelf companies in […]
China Regional Spotlight: Wuhan, Hubei Province
By Shirley Zhang Aug. 27 – With the Yangtze River running through the city, Wuhan was once nicknamed the “River City.” In addition to that, Wuhan has been referred to as the “Chicago of China” due to its role as a transportation hub for central China. It was even, at one point, described by way […]
