Other Briefings
We cover the latest economy and trade, legal and tax updates, industry insights, and HR and payroll news that are most relevant to doing business in China. Here are our top China news summaries.
Shanghai Lingang New Area Releases Whitelists for Data Export, Facilitating Cross-Border Data Flows
Shanghai’s Lingang New Area has released general data lists that will facilitate data export for companies in the automotive, biopharma, and mutual fund sectors.
Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer
The Tianjin Free Trade Zone has released China’s first data Negative List outlining the types of data that must undergo a security review by China’s cybersecurity bureau to be transferred out of China.
China’s New Measures to Support Foreign Investment in Sci-tech Firms
China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.
Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies
The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.
A Guide to Minimum Wages in China (As of August 28, 2024)
Jilin and Yunnan’s new minimum wage standards will take effect October 1, 2024, both of which surpass the RMB 2,000 (US$275) mark.
Tax Filing for Outbound Payments in China: A Complete Guide
When an individual or organization in China makes a single outbound payment to overseas entities that exceeds the equivalent of US$50,000, the payer must complete tax filing for outbound payments with the local branch of the STA, with limited exceptions.
China’s New Circular Eases Taxpayer Relocation
China’s State Taxation Administration will streamline taxpayer relocation from September 1, 2024, with proactive guidance, simplified procedures, and enhanced post-relocation services.
China Unveils Three-Year Business Environment Plan for Beijing-Tianjin-Hebei Region
China’s new Three-Year Action Plan for the Beijing-Tianjin-Hebei region aims to standardize business regulations, boost regional integration, and drive innovation to attract investment and enhance global competitiveness.
Trump v Harris: How Will the 2024 Presidential Election Outcome Impact US-China Relations?
As Trump and Harris vie for the US presidential office, we discuss the potential impact of the 2024 US election on trade, diplomacy, and doing business with China.
China Manufacturing Tracker: 2024-25
Our new tracker providing continuous updates of key economic and growth indicators in China’s manufacturing industry.
EU-China Relations After the 2024 European Elections: A Timeline
Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
China Approves 2024 Negative List for Foreign Investment Access
China approved the 2024 Negative List for Foreign Investment Access, further opening up its manufacturing, telecommunication, education, and healthcare sectors.
