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.
China Resumes Live Rock Lobster Imports from Australia
China has resumed live rock lobster imports from Australia as of December 20, 2024, marking the final removal of trade barriers that have plagued the bilateral trade relationship since 2020.
China Manufacturing Tracker: 2024-25
Our tracker provides continuous updates on key economic and growth indicators in China’s manufacturing industry. The data for October has now been updated.
China Passes Its First Value-Added Tax Law
On December 25, 2024, the Standing Committee of the 14th National People’s Congress (NPC) approved the Value-Added Tax (VAT) Law, which will come into effect on January 1, 2026.
China’s Supreme Court Clarifies Non-Retroactive Application of Article 88 (1) of the New Company Law
China’s Supreme People’s Court has confirmed that Article 88(1) of the New Company Law will not be applied retroactively to disputes involving equity transfers made before July 1, 2024. This clarification aims to alleviate widespread concerns among prior shareholders and resolve inconsistencies in judicial rulings across regions.
China Released Draft Encouraged Catalogue to Boost Foreign Investment
On December 20, 2024, China’s NDRC and the MOFCOM released the new draft version Encouraged Catalogue for Foreign Investment, revising the 2022 version. This draft is open for public feedback until January 20, 2025.
China Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
In December 2024, China introduced a Basic Standards of its Corporate Sustainability Disclosure Standards, aiming to guide businesses in aligning their sustainability practices with global ESG expectations.
China-Bulgaria Economic Ties: Trade, Investment, and Opportunities
This article closely examines the bilateral trade and investment relationship between China and Bulgaria, exploring potential opportunities for future cooperation.
China-Australia Economic Ties: Trade, Investment, and Latest Updates
On October 10, the Australian government announced that it has agreed on a timetable with China for the full resumption of Australian live rock lobster exports by the end of 2024.
