The 2024 Two Sessions – the annual plenary meetings of China’s parliament (NPC) and advisory body (CPPCC) – will start on next Monday, March 4. This year's meetings are particularly highly anticipated, when everyone is watching closely how the Chinese government intend to support growth.
Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.
Under new rules on foreign-sourced income exemption, MNEs that don't meet certain substance requirements may be taxed on some types of income derived overseas.
China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.
Coming into 2024, Henan, Jiangsu, and Zhejiang, Hubei, Ningxia, Jiangxi, and Liaoning has released their new minimum standards.
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