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.
Hainan’s New Zero-Tariff Policy on Drugs and Medical Devices in Boao Lecheng Pilot Zone
Hainan’s zero-tariff policy in the Boao Lecheng Pilot Zone exempts drugs and medical devices from import duties and VAT.
Understanding the Costs Involved in Buying an Apartment in Dubai
Explore Dubai apartment buying costs including government fees, agent fees, maintenance costs, and popular areas to invest.
Investing in China’s Emerging and High-Tech Industries – Opportunities for Foreign Companies
China’s efforts to achieve innovation-led economic growth presents a host of new investment opportunities in the country’s emerging and high-tech industries.
China, Norway Bilateral Relations: Trade and Investment
The economic relationship between China and Norway economic relationship has evolved into a strong cooperation, highlighted by increased trade and investment, and a new visa-free policy.
China’s Gradual Retirement Age Delay to Tackle Demographic Shifts
China will gradually delay its statutory retirement age to address demographic challenges, starting from January 1, 2025. The minimum pension contribution period will be raised accordingly.
Cost Reduction Strategies in China – New Publication Out Now
In this issue of China Briefing magazine, we delve into the most effective cost-reduction strategies observed in Chinese business practices, encompassing both immediate cost-saving measures and long-term approaches to boost operational efficiency and competitiveness.
US-China Relations in the Biden Era: A Timeline
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
Shenzhen Reopens GBA IIT Subsidy Applications for 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.