China Briefing News

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

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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

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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

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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

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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-Malaysia Closer Economic Ties and Opportunities

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China has been Malaysia’s largest trading partner for 15 consecutive years. With its advantageous geographical location, lower transit costs, and favorable trade policies, Malaysia has increasingly become an ideal hub for Chinese investments.

Tax Digitalization in China: Impact on Corporate Tax Risk Management

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This article explores the impact of tax digitalization on businesses in China, emphasizing the evolving dynamics of tax risk management, particularly regarding data supervision.

China’s Economy in October 2024: Retail Gains, Industrial Slowdown, and Exports Surge

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China’s economy in October 2024 showed mixed signals, with retail sales surging 4.8 percent and exports rising sharply, while industrial output slowed, and the property sector remained weak.

A Guide to Minimum Wages in China (As of November 20, 2024)

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Inner Mongolia’s new minimum wage standards will take effect on December 1, 2024, which surpasses the RMB 2,000 (US$275) mark.

US-China Relations in the Biden Era: A Timeline

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Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.

China Manufacturing Tracker: 2024-25

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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 Issues New Export Control Regulations: What Businesses Need to Know?

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China will implement new regulations on the export control of dual-use items starting December 1, 2024, aiming to enhance national security and align with international standards.

China’s New Measures Open A-Share Market to Foreign Investment

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The 2024 updates to China’s strategic investment rules simplify entry for foreign investors in the A-share market by lowering shareholding thresholds, reducing lock-up periods, and expanding investment options.

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