Renegotiating Long-Term Commercial Contracts 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.
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.
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.
Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone
The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.
China’s State Council Passes Key Data Security Regulations
A new draft regulation strengthens China’s cybersecurity and data protection framework. We look at what the document says.
China Approves 2024 Negative List for Foreign Investment Access
China approved the 2024 Negative List for Foreign Investment Access, further opening up its manufacturing, telecommunication, education, and healthcare sectors.
China’s New Guidelines to Boost Services Consumption Ignite Optimism in Education and Training Sector
China’s State Council introduced guidelines to boost service consumption, leading to a rise in education stocks, particularly in vocational training. However, experts caution that this doesn’t signal a loosening of regulations on after-school tutoring.