Other Briefings
China Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
In December 2024, China introduced a Basic Standards of its Corporate Sustainability Disclosure Standards, aiming to guide businesses in aligning their sustainability practices with global ESG expectations.
China Monthly Tax Brief: November 2024
In this monthly China tax brief for November 2024, we spotlight policies and measures just announced or scheduled for implementation.
China’s Workforce Dynamics and Regional Trends
Despite a declining working-age population, China’s workforce saw a 6.9 million job increase in 2023, driven by policies re-integrating older workers.
Annual Confirmation for China IIT Special Additional Deductions 2025 Ending Soon
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.
China’s New Renewable Energy Plan: Key Insights for Businesses
China’s new renewable energy plan aims to significantly boost the country’s renewable energy consumption, setting ambitious targets for 2025 and 2030.
China Issues New Export Control Regulations: What Businesses Need to Know?
China will implement new regulations on the export control of dual-use items starting December 1, 2024, aiming to enhance national security and align with international standards.
Optimizing Tax Benefits Through One-Off Deduction Policy for Fixed Assets Under RMB 5 Million
Qualified fixed assets that meet specific criteria are eligible for a one-off deduction before corporate income tax in China. This article demonstrates the details of this policy by explaining two real examples.
China and Italy to ‘Relaunch’ Bilateral Ties: Trade and Investment Outlook
We discuss how the China-Italy bilateral relationship has transitioned after Italy’s exit from the BRI, with ongoing high-level interactions indicating strong support for high-value trade and commercial engagement.
