Other Briefings
Shenzhen Considers Raising Pension Contribution Rate
China’s southern city of Shenzhen is mulling a plan to lift the employer contribution rate for pension premiums by a further 3 percent.
The Chongqing-Xinjiang-Europe International Railway
By Julia Gu Feb. 20 – Since separating from Southwest China’s Sichuan Province in 1997, the municipality of Chongqing has emerged as one of China’s fastest developing regions and is regarded by Beijing as the epicenter of the country’s “Go West” campaign. Last year, the province-sized city with a population of 28.85 million attracted US$11 […]
Hedging China – Could Apple Manufacture the iPad in India?
Op-Ed Commentary: Chris Devonshire-Ellis Feb. 17 – The recent dispute between Apple and Proview over the rights to the “iPad” trademark in China has seen some potentially disruptive actions taken, including legal requests made to China Customs looking to prevent Apple from shipping its iPads from China to overseas markets. This is a potentially highly […]
China Vows to Increase Wages and Improve Employment
Op/Ed Commentary: Vivian Ni Feb. 10 – In its latest 12th Five-Year Plan on Employment Improvement (“Plan”), China says it will continue working on increasing wage levels and controlling unemployment rates. Under these new targets, enterprises operating in China may face the challenge of increasing operational costs. Minimum wage and social welfare According to the […]
Taxation on Real Estate Rental Income in China
Including city-specific details on Chengdu, Guangzhou and Shenzhen Feb. 7 – Both Chinese nationals and a foreign individuals are subject to a combination of taxes on real estate rental income: including individual income tax (IIT), business tax (BT), property tax (PT), urban maintenance and construction tax (UMCT) and an education surcharge (ES). If simply left […]
Relax. South China Exports and Manufacturers are Doing Just Fine
Op/Ed Commentary: Chris Devonshire-Ellis Feb. 1 – With some media spotlighting potential problems in South China – and one blog even going so far as to suggest smart Chinese businessmen are queuing up to attract orders, only to deliberately declare bankruptcy – it’s time to look again at the realities of the situation. The actual […]
American Express Extends Reach to China’s e-Payment Market
By Vivian Ni Jan. 30 – Although China has made it more difficult for foreign investors to enter its e-payment sector over the last year, the potential profits offered by the country’s massive consumer population are proving too attractive to miss. Recently, American Express – the U.S. financial service provider that has long considered China […]
Shanghai Offers Fiscal Support to Promote VAT Reform
Shanghai’s newly included value-added taxpayers (pilot enterprises) may receive fiscal compensation if they see increases in their actual tax burdens under the new tax scheme, local authorities said recently.
