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  June 6, 2019 by China Briefing Reading Time: 4 minutes
  

  China’s ‘Fapiao’ Invoice System Explained

  In China, a fapiao is a legal receipt that serves as proof of purchase for goods and services. The larger fapiao invoice system, however, is an essential component of China’s tax law, and compliance for businesses.
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  June 3, 2019 by China Briefing Reading Time: 2 minutes
  

  China Extends Tax Breaks for Circuit Design, Software Enterprises as Trade War Drags On

  China continues to announce a variety of support measures for its high-tech industries amid a protracted trade war with the US.
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  May 20, 2019 by China Briefing Reading Time: 4 minutes
  

  Hong Kong and Australia Sign New FTA

  Hong Kong and Australia have formalized their trade relationship, with a new FTA and Investment Agreement signed on March 26, 2019.
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  April 30, 2019 by China Briefing Reading Time: 2 minutes
  

  China’s Lowers CIT for Pollution Prevention and Control Enterprises

  China has reduced the CIT rate to 15% for enterprises engaged in pollution prevention and control like waste management or pollution monitoring.
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  April 24, 2019 by China Briefing Reading Time: 4 minutes
  

  Greater Bay Area Subsidies to Boost Overseas Talent Acquisition

  China will grant subsidies linked to individual income tax to overseas ‘high-end’ and ‘urgently-needed’ talents working in the Greater Bay Area.
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  April 16, 2019 by China Briefing Reading Time: 2 minutes
  

  China to Cut US$45 Billion in Fees and Tariffs

  China will cut US$45 billion in fees and tariffs for businesses and individuals as the government seeks to ease the pressure of a slowing economy.
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  April 10, 2019 by China Briefing Reading Time: 3 minutes
  

  China and Italy Sign New Double Taxation Agreement

  The new China-Italy DTA breaks down many of the barriers that obstructed cross-border trade, investment, and knowledge exchange between the two countries.
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  March 27, 2019 by China Briefing Reading Time: 2 minutes
  

  Hong Kong Removed from EU Watchlist on Non-Cooperative Tax Jurisdictions

  On March 12, 2019, the European Commission removed Hong Kong from the European Union’s watchlist on non-cooperative tax jurisdictions.