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New Guide for Cross-Border Personal Data Transfers in the GBA: A Roadmap for Compliance and Security

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The Technical Committee for Information Security Technology (TC260) has released a new guide to standardize cross-border personal data transfers between the Chinese Mainland and Hong Kong within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This guide introduces enhanced security standards and mutual recognition mechanisms, aiming to facilitate smoother data flows while ensuring robust protection of personal information.

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 Monthly Tax Brief: November 2024

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In this monthly China tax brief for November 2024, we spotlight policies and measures just announced or scheduled for implementation.

China’s Workforce Dynamics and Regional Trends

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Despite a declining working-age population, China’s workforce saw a 6.9 million job increase in 2023, driven by policies re-integrating older workers.

Navigating China’s Latest Export Tax Rebate Adjustments: What Are the Implications?

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Starting December 1, 2024, China lowers the export tax rebate rate from 13 percent to 9 percent for 209 products such as refined oil, photovoltaic products, and batteries while eliminates the rebate policy for other 59 products.

China Expands Access for Wholly Foreign-Owned Hospitals: 9 Cities Open for Investment

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China’s new policy allows wholly foreign-owned hospitals in 9 key cities, aiming to modernize healthcare, attract global expertise, and meet rising demand.

Annual Confirmation for China IIT Special Additional Deductions 2025 Ending Soon

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The annual confirmation for Individual Income Tax (IIT) special additional deductions 2025 will end soon. Individuals, including expatriates in China, should check their eligibility for these deductions before December 31.

Key Considerations for Entering China’s Healthcare Market

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The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.

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