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.
Setting Up a Family Office in Hong Kong
Hong Kong’s strategic location, robust financial infrastructure, favorable tax regime, and high quality of life make it an ideal destination for establishing family offices.
China-Kazakhstan: Bilateral Trade and Investment Profile
China-Kazakhstan bilateral trade and investment have seen significant growth in recent years. Joint development projects in renewable energy, such as natural gas pipelines, solar, and wind power, have also been expanding.
China-Greece Economic Relations: Trade and Investment Highlights
China and Greece have significantly strengthened their bilateral relations in recent years, expanding cooperation in trade and investment.
China-Brazil Economic Ties: Trade, Investment, and Opportunities
This article explores the economic ties between China and Brazil in trade and investment, highlighting potential opportunities for investors from both countries.
Renegotiating Long-Term Commercial Contract for Greater Cost Savings
All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation, which can lead to significant savings and greater resilience.
China Issues New Regulations on Network Data Security Management, Effective January 1, 2025
On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.
Zhejiang Province Extends Marriage Leave to 13 Days
Amid Zhejiang’s recent extension of marriage leave from 3 days to 13 days, we provide a comprehensive table of marriage leave policies across China’s major provinces.
2024 China National Day Holiday Guide: Rest Days, Work Schedule, and Overtime Pay
The 2024 China National Day holiday is just around the corner. This article outlines the official holiday and work adjustment schedule released by the Chinese government, as well as the guidelines for salary payments and overtime pay during this period.