Other Briefings
Reducing Labor Costs in China with a Sustainable Workforce Structure
Optimizing labor costs sustainably in China involves adopting flexible employment practices, adapting to economic challenges, and implementing effective compensation structures.
China’s Gradual Retirement Age Delay to Tackle Demographic Shifts
China will gradually delay its statutory retirement age to address demographic challenges, starting from January 1, 2025. The minimum pension contribution period will be raised accordingly.
Cost Reduction Strategies in China – New Publication Out Now
In this issue of China Briefing magazine, we delve into the most effective cost-reduction strategies observed in Chinese business practices, encompassing both immediate cost-saving measures and long-term approaches to boost operational efficiency and competitiveness.
Shenzhen Reopens GBA IIT Subsidy Applications for 2024
Shenzhen has decided to accept supplementary declarations for GBA IIT subsidy. The application period is from September 10, 2024, to October 10, 2024
Norway First Scandinavian Country with 15-Day Visa-Free Access to China
China granted Norwegian citizens 15-day visa-free access, marking Norway as the first Scandinavian country to benefit from this policy.
China’s Six-Year Rule for Foreigners: 2024 IIT Payment Highlights
2024 marks the first year that China’s “six-year rule” is applicable, a mechanism implemented since 2019 to determine the tax responsibilities of foreigners for their overseas income in China.
New 144-Hour Visa-Free Policy for Foreign Tour Groups from Hong Kong and Macao Entering Hainan
China’s National Immigration Administration (NIA) has introduced a new 144-hour visa-free policy for foreign tour groups from Hong Kong and Macao entering Hainan, expanding the scope of the existing 30-day visa-free policy.
China’s 72/144-Hour Visa-Free Transit Policy Expanded To 54 Countries, Norway Added
China’s 72/144-hour visa-free transit policy has been expanded to 54 countries. Norway was added to the list starting from November 17, 2023.
