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.
Tax Implications for Businesses Under China’s New Company Law
Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.
China Releases New Draft Regulations on Generative AI
China is striving to regulate generative AI while promoting innovation and technological advancement. The NISSTC has issued draft regulations outlining security measures for generative AI service providers, underscoring China’s commitment to responsible AI development.
Highlights from China FM Wang Yi’s Visit to New Zealand and Australia (Updated)
China FM Wang Yi’s visit to New Zealand and Australia underscores efforts to strengthen economic ties and address differences.
China-Australia Relations: Opportunities, Challenges, and Latest Updates
We discuss the China-Australia bilateral relationship and future possibilities and challenges facing trade and investments between the two markets.
US Tariff Increases on Chinese Imports – Implications for Trade and Businesses
The recently proposed US tariff increases on Chinese imports, which include EVs, solar panels, and semiconductors, are anticipated to affect the prices of specific products within the US market and have tangible repercussions for Chinese exporters.
China-Serbia Bilateral Relations: Trade and Investment Outlook
In light of Chinese President Xi Jinping’s visit to Serbia this month, and the signing of several key trade and investment agreements, we discuss the latest developments in bilateral economic ties between China and Serbia.
Greater Bay Area (GBA) IIT Subsidy Kicked Off in Shenzhen 2024
The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.
April 2024 Economic Roundup – Industrial Output and Foreign Trade Continue to Spur Recovery
Data for China’s economy in April 2024 shows strong supply-side performance and a rebound in foreign trade, while weak domestic demand persists.
