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.

Understanding China’s New Carbon Accounting Plan: Green Compliance and Opportunities

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The clear tasks and timelines set in China’s new work plan for improving the country’s carbon accounting system make it urgent for businesses to develop internal carbon accounting capabilities by 2026.

E-Commerce in China as Part of a Digital Revolution

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Have you noticed the impressive growth of the e-commerce industry in China? Find out how this affects consumers, logistics, and the retail market in China and the globe.

E-Invoicing in China: Fully Digitalized E-Fapiao for Railway Transport from November 1

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The State Taxation Administration has announced the promotion of fully digitalized electronic invoices for railway passenger transport, effective from November 1, 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-Singapore Economic Ties: Trade, Investment, and Opportunities

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In this article, we explore the strengthening economic ties between China and Singapore, highlighting potential opportunities in bilateral trade and investment.

Annual Compliance Requirements in China: A Step by Step Guide

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With the onset of November, companies should consider initiating a preliminary audit. This process is designed to plan the annual audit, identify potential issues, and allow sufficient time for companies to make self-corrections.

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-Austria Trade and Investment Profile and Key Developments

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In 2023, total bilateral trade between China and Austria amounted to US$12.55 billion, confirming China’s status as Austria’s top trading partner in Asia and its second largest globally.

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