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.
China’s Chocolate Market – Trends and Industry Overview
New trends and shifting consumption dynamics in China’s chocolate market present numerous opportunities for foreign businesses and investors.
US-China Relations in the Biden Era: A Timeline
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
EU Chamber Business Confidence Survey: Key Findings and Takeaways
The EU Chamber’s annual survey on business confidence in China for 2024 provides a snapshot of the current business sentiment among European companies.
An Introduction to Doing Business in Hong Kong 2024
This publication, updated in April 2024, is designed to introduce the fundamentals of doing business in Hong Kong. This guide covers corporate establishment, tax and audit, HR and payroll, and cybersecurity and data protection.
China’s New Company Law: Considerations for Foreign Stakeholders and FIEs
The New Company Law brings substantial changes with implications for new and existing foreign invested enterprises and stakeholders in China. Foreign investors must assess if adjustments to existing structures or new business negotiations are necessary.
China Trade Union Funds Explained
We introduce China trade union funds system, examining sources, regulations, and payment methods. Additionally, we explore the current state of trade unions in China, with specific considerations for foreign-owned enterprises.
China Fully Allows Visa-Free Entry for Foreign Tourist Groups on Cruise Ships
Starting May 15, 2024, foreign tourist groups traveling by cruise ships and organized by Chinese domestic travel agencies can enter China visa-free from ports in 13 cities and stay in eligible areas for 15 days.