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China Plans to Alter Resource Tax Structure

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May 24 – China plans to alter the tax structure on the profits made off energy products according to a work conference last Thursday in Xinjiang. The new structure, which will first be tested in a pilot program in the province, will consider resource prices as a factor when levying taxes, compared to the current […]

Shanghai Expo 2010: The New Zealand Pavilion

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The 2010 World Exposition in Shanghai is the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships with […]

Ningbo Issues VAT General Taxpayer Management Approach

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May 20 – The Ningbo municipal office recently issued a notice regarding the management approach for VAT general taxpayers, effective May 1. The notice, issued May 17, specifies the qualifications for VAT general taxpayers, which include business or enterprise units whose annual taxable sales exceed RMB500,000 and engage in production or service business; or other […]

Richard Hoffmann Explains China Foreign-Invested Partnerships

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May 20 – Richard Hoffmann, senior legal associate at Dezan Shira & Associates’ Beijing office, explains in detail the regulatory and legal aspects of China’s new foreign invested partnerships and the country’s attempts to further encourage FDI in this English language interview, just aired on CCTV 9. The interview details the ability of foreign-invested enterprises […]

Shanghai Expo 2010: The Vietnamese Pavilion

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The 2010 World Exposition in Shanghai is the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships with […]

Shanghai Expo 2010: The Pakistani Pavilion

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The 2010 World Exposition in Shanghai is the first registered one in a developing country. Officially known as “Expo Shanghai 2010,” it will last 184 days and provide China an opportunity to show off its remarkable economic growth. The expo will also give foreign nations and companies a chance to further develop business partnerships with […]

Dongguan Issues New Measures to Encourage Headquarter Enterprises

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May 17 – After the first 16 headquarter enterprises set up operations in Dongguan, Guangdong Province, the local municipal government issued the Implementing Measures of Dongguan Municipality for Several Policies on Encouraging the Growth of Headquarters Economy (Trial). The recently issued policies encourage headquarter enterprises to set up business in Dongguan, providing incentives such as […]

China Releases Foreign Investment Promotion Plan for Central Region

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May 14 – The foreign investment promotion plan for central China was released on April 30 aiming to improve the service in urban public utilities, urban finance, commerce, education, medical treatment and logistics to attract foreign investment. The plan focuses on business-friendly policies, discounted loans, and reduced transaction costs to attract foreign investors setting up […]

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