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’s Health Supplements Market: Trends and Opportunities for Businesses

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China’s health supplements market, valued at US$45.5 billion in 2023, is growing rapidly due to increased health awareness post-COVID-19, with strong demand across vitamins, herbal products, sports nutrition, and weight management. We explore the latest trends and market dynamics.

China Expanded the 144-Hour Visa-Free Transit Policy to 37 Ports – A Complete Guide

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China has expanded the 144-hour visa-free transit to 37 ports, with Zhengzhou in Henan Province and 8 more cities in Yunnan Province being able to benefit from this policy as of July 15, 2024.

China’s Visa-Free Policies: Latest Updates

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In this aritcle, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.

China’s Regulatory Adjustments to Unlock Service Sector Potential in Six Cities

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China approved regulatory adjustments in six cities to open the service sector and attract foreign investment in medical institutions, eldercare facilities, tourism, entertainment, and telecommunication services.

Tax Audit in China: A Complete Guide

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In this article, we provide a comprehensive guide to tax audits in China, including typical processes, recent trends, as well as practical case studies.

China’s Third Plenum: What to Watch for Foreign Investors

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The Third Plenary Session of the 20th Central Committee, held from July 15 to 18 in Beijing, is expected to unveil new economic policies and reforms.

China Reopening After COVID: Latest Developments and Business Advisory

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Our daily updates on the latest events as they occur, together with ongoing advisory on how best to manage your China business exposure during COVID-19.

China’s Booming Weight Management Market: Outlook and Trends

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Both established domestic and international companies, alongside emerging players, are employing innovative strategies to cater to China’s weight management market, despite facing regulatory and competitive hurdles.

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