China’s coronavirus outbreak is impacting the global supply chain, and many firms are looking at ASEAN countries like Vietnam to partially shift operations.
New investment opportunities are emerging in China’s online retail, education, telemedicine, pharmaceutical, and IT industries as a consequence of the Covid-19 outbreak.
China’s State Tax Administration has further extended the deadline for tax filing in February, nationwide, from February 24 to February 28, 2020. (Previously, it was extended from February 17 to February 24.)
Suspected as a carrier of the coronavirus (Covid-19), pangolins are consumed as an exotic dish and their scales are used in traditional Chinese medicine.
China announces deductions, tax exemptions, and subsidies to alleviate stress on businesses in critical areas related to fighting the coronavirus outbreak.
China has rolled out preferential policies on tax, finance, social security, subsidies, and rent reduction to help SMEs affected by the coronavirus outbreak.
New measures support technology import-exports, reduce import tariffs, and more channels of financial assistance for foreign trading businesses.
China has extended the national Lunar New Year / Spring Festival holiday to curb mass movement and restrict need for immediate travel.