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-Argentina Trade and Investment: Key Opportunities in 2025 and Beyond

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Discover how Argentina’s engagement with China’s Belt and Road Initiative and RMB settlement mechanisms are driving bilateral cooperation and growth opportunities in lithium mining, renewable energy, and financial integration.

Strengthening China-Laos Relations: Strategic Cooperation and Development Initiatives

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Discover how China and Laos are deepening their strategic cooperation and advancing key projects like the China-Laos Economic Corridor and Railway, fostering regional connectivity and inclusive growth.

China Annual IIT Reconciliation in 2025: Everything You Need to Know

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Annual IIT reconciliation for the year 2024 is required to be made during the period from March 1 to June 30, 2025. Starting from March 21, taxpayers can make the final tax settlement directly without requiring a prior appointment.

A Guide to Minimum Wages in China (As of March 21, 2025)

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This article offers a guide to minimum wages in the Chinese Mainland and discuss how labor costs are affected by changes to the minimum wage levels. The data is current as of March 21, 2025.

Italy, China New DTA Effective 2025: Key Changes and Implications

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Italy recently ratified the upgraded Double Tax Agreement (DTA) with China, which will finally take effect in 2025.

What are Company Health Checks, and Why Do Foreign Companies in China Need one in 2025?

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A company health check in 2025 can help businesses identify risks, ensure compliance, and optimize operations. Learn why proactive assessments are essential for long-term success.

Key Takeaways from China’s 2025 Two Sessions – Policy Priorities, Annual Budget, and Legislative Plans 

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China’s 2025 Two Sessions outlined key policy priorities, economic strategies, and legislative plans, with significant implications for businesses, innovation, and investment.

China’s Economy in Early 2025: Retail and Industrial Growth Defy Expectations

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Data from China’s statistics bureau indicate that the economy improved in the first two months of 2025, with retail sales and industrial output surpassing expectations. We examine the latest economic indicators and what they mean for China’s recovery in 2025.

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