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February 01, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
01 February 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

CHINA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Embracing Sustainability: How Businesses Can Contribute to the ‘Beautiful China’ Initiative
 
China has been ramping up efforts to promote the “Beautiful China” initiative once again in 2024. Business should expect stricter enforcement of environmental regulations in 2024 and beyond. Meanwhile, a wide array of...
 
 
 
Shanghai’s Lingang New Area to Trial Measures to Facilitate Cross-Border Data Transfer
 
The Lingang New Area in the Shanghai Free Trade Zone will trial measures to facilitate cross-border data flows for companies based in the area. Under the trial, data will be categorized into "general", "important"...
 
 
 
China Issues Special Measures to Ease Market Access in the Nansha District, Guangdong
 
The recently released guidelines for the Nansha District of Guangzhou focus on driving development and innovation, enhancing cross-border cooperation, and improving market access. The new set of guidelines highlight...
 
 
 
VAT Refund for Hiring Disabled Employees: An Explainer
 
China grants businesses value-added tax (VAT) refund treatment for hiring disabled employees. In this article, Amber Liu, Senior Manager of the Accounting and Tax Services team in South China, introduces the condition...
 
 
 
China’s Catalogue for Prohibited and Restricted Export Technologies: Latest Revisions
 
China’s export control scheme is evolving, as demonstrated in the recently amended Catalogue for Prohibited and Restricted Export Technology. In this article, we introduce what the Catalogue is and summarize what has...
 
 
 
The New Hong Kong-Mainland Reciprocal Enforcement of Judgments Regime Took Effect on Jan 29
 
The new reciprocal enforcement of judgement regime between Hong Kong and the Chinese Mainland came into effect on January 29. In this article, we introduce the features of the new regime and assess its potential...
 
 
 
A Guide to Minimum Wages in China (Last Updated on January 30, 2024)
 
We offer a guide to minimum wages in the Chinese Mainland and discuss how labor costs are affected by changes to the minimum wage levels. Most recently, Hubei province updated its minimum wage standards, which will...
 
 
 

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NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

 
 
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
 
 
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
 
China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in country take appropriate actions to ensure their compliance....
 
 
 
 
 
Manufacturing in Asia: 9 Crucial Factors for Location Selection
 
Are you ready to diversify, but unsure where to relocate your supply chain to? The following checklist outlines nine essential elements you should collect information or data about to fully understand your options and...
 
 
 
 
An Introduction to Doing Business in China 2024
 
Doing Business in China 2024 is designed to introduce the fundamentals of investing in China. Compiled by the professionals at Dezan Shira & Associates in December 2023, this comprehensive guide is designed to let...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Getting China Data Compliance Right in 2024 Series: Regulatory Highlights and Practical Advice
 
Webinar | Thursday, February 1, 2024 | 4:00 PM China / 3:00 PM Vietnam / 9:00 AM CET
 
 
 
Exploring China's 2024 Outlook – Opportunities, Trends, and a 2023 Recap
 
Webinar | Thursday, February 1, 2024 | 9:00 AM Los Angeles / 12:00 PM New York / 6:00 PM Brussels
 
 
 
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