How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification

Economy & Trade

A recent white paper reflects that Swedish companies are navigating the complexities of the Chinese market by adopting "China-for-China" strategies while also exploring opportunities in other Asia-Pacific countries.

Decoding China’s H1 2024 Foreign Direct Investment (FDI) Performance
Economy & Trade

Decoding China’s H1 2024 Foreign Direct Investment (FDI) Performance

In H1 2024, China’s FDI fell 29.1 percent to US$69.93 billion, but new foreign-invested enterprises rose 14.2 percent, with Germany and Singapore boosting investments in high-tech and green sectors.

A Guide to Minimum Wages in China (As of August 28, 2024)
Human Resources & Payroll

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.

China Unveils Three-Year Business Environment Plan for Beijing-Tianjin-Hebei Region
Economy & Trade

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.

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Economy & Trade

How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification
Economy & Trade

How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification

Sep 05

A recent white paper reflects that Swedish companies are navigating the complexities of the Chinese market by adopting "China-for-China" strategies while also exploring opportunities in other Asia-Pacific countries.

 

Tax & Accounting

China Monthly Tax Brief: August 2024   
Tax & Accounting

China Monthly Tax Brief: August 2024  

Sep 04

In this monthly China tax brief for August 2024, we spotlight policies and measures just announced or scheduled for implementation.

  • Tax Filing for Outbound Payments in China: A Complete Guide

    Tax & Accounting Aug 28

    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

    Tax & Accounting Aug 27

    China’s State Taxation Administration will streamline taxpayer relocation from September 1, 2024, with proactive guidance, simplified procedures, and enhanced post-relocation services.

  • China Manufacturing Tracker: 2024-25

    Tax & Accounting Aug 22

    Our new tracker providing continuous updates of key economic and growth indicators in China's manufacturing industry.

  • Stay Alert: Guide to Preventing New Types of Fraud for Financial Staff

    Tax & Accounting Aug 15

    New types of fraud targeting corporate finance personnel are diverse and continuously evolving with technological advancements. We explain the common fraud methods and strategies to prevent unnecessary losses.

 

Legal & Regulatory

Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone 
Legal & Regulatory

Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone 

Sep 06

The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.

Industries

Exploring China’s Leading AI Hubs: A Regional Analysis
Industries

Exploring China’s Leading AI Hubs: A Regional Analysis

Sep 03

In this article, we explore the distinct opportunities and strategic advantages offered by China's key AI hubs, highlighting their roles in shaping the future of China’s AI industry landscape.

 

HR & Payroll

A Guide to Minimum Wages in China (As of August 28, 2024)
HR & Payroll

A Guide to Minimum Wages in China (As of August 28, 2024)

Aug 28

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.

 

Technology

Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone 
Technology

Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone 

Sep 06

The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.

 

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