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 Robotics Industry: What Are the Opportunities for Foreign Stakeholders
China has rapidly surpassed Germany and Japan in industrial robotics, leading the world with 470 robots per 10,000 employees in 2023. This figure eclipses Germany’s 429 and Japan’s 419, reflecting China’s aggressive automation push.
Beijing New Market Access Updates: Opportunities for Foreign Businesses and Investors
Beijing has released New Market Access Updates, as China is significantly opening its economy to foreign investment across various sectors, including telecommunications, entertainment, vocational training, and healthcare.
China’s “National Unified Market” Initiative: 2025 Update
China’s national unified market initiative, launched in 2022, aims to dismantle local protectionism and market segmentation across sectors. The initiative focuses on implementing nationwide standards and regulations while integrating infrastructure across regions to boost market efficiency.
China’s DeepSeek and its Open-Source AI Models
We explain how China’s start-up DeepSeek has made significant strides in the global AI race with its resource-efficient, open-source models.
Decoding China’s Local GDP Targets in 2025
China’s provinces released their local GDP targets for 2025. Most provinces aim for GDP growth around 5 percent, with higher targets in regions like Hainan and Tibet leveraging unique strengths such as free trade zones and regional development initiatives.
China-Romania Economic Ties and 2025 Outlook
China-Romania trade and investment ties are expanding, particularly in infrastructure, energy, and technology, despite regulatory and geopolitical challenges.
A Guide to Minimum Wages in China (As of January 24, 2025)
The new minimum wage standards of Xinjiang, Sichuan, and Chongqing took effect on January 1, 2025, and Guizhou’s new standards will take effect on February 1.
Guide to Accounting and Audit in China 2025 – New Publication from China Briefing
This guide provides foreign businesses with a step-by-step walkthrough of the annual audit and compliance process, along with an introduction to China’s accounting framework. Download it for free!