China Briefing News

China Expands Access for Wholly Foreign-Owned Hospitals: 9 Cities Open for Investment

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China’s new policy allows wholly foreign-owned hospitals in 9 key cities, aiming to modernize healthcare, attract global expertise, and meet rising demand.

Annual Confirmation for China IIT Special Additional Deductions 2025 Ending Soon

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The annual confirmation for Individual Income Tax (IIT) special additional deductions 2025 will end soon. Individuals, including expatriates in China, should check their eligibility for these deductions before December 31.

Key Considerations for Entering China’s Healthcare Market

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The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.

China Opens Doors to Foreign Investment in Cell Therapy and Wholly Foreign-Owned Hospitals in Pilot Cities

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China has initiated a new round of foreign investment relaxation pilots in selected cities, permitting foreign investment in cell and gene therapy as well as wholly foreign-owned hospitals.

Integration of Foreigner’s Work Permit with Social Security Card: What You Need to Know

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Effective December 1, 2024, foreign nationals entering China will no longer be required to obtain a physical Foreigner’s Work Permit. Instead, they can apply for an electronic social security card via a designated app.

Capitalizing on China’s Organic Boom: Certification, Trends, and Opportunities

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China’s organic product market is the third largest globally. Understanding the certification process and trends is crucial for stakeholders looking to capitalize on the lucrative opportunities.

China’s New Renewable Energy Plan: Key Insights for Businesses

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China’s new renewable energy plan aims to significantly boost the country’s renewable energy consumption, setting ambitious targets for 2025 and 2030.

E-Invoicing in China: National Rollout of Fully Digitalized E-Fapiao Starting December 1

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The STA has announced the nationwide rollout of fully digitalized electronic invoices, set to begin on December 1, 2024, following the success of pilot programs.

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