Other Briefings
Shenzhen to Collect Local Education Surcharge
New circular requires entities and individuals that are subject to value-added tax, business tax and consumption tax to also pay a local education surcharge retroactively from January 1, 2011.
Complimentary Doing Business in East China Download
Free 122 page guide to Shanghai, Jiangsu and Zhejiang Jul. 7 – China Briefing’s recent “Doing Business in East China” book has just been made available for complimentary PDF download on the Asia Briefing Bookstore. Covering the regions of Shanghai, Jiangsu Province and Zhejiang Province, the 122-page guide contains city overviews of Changzhou, Hangzhou, Jiaxing, […]
New Complimentary China City Guides Available from Asia Briefing
Asia Briefing has just revised and updated its China City Guide series – offering readers a brief and easy to read, yet immensely informative, introduction to the Chinese cities of Shanghai, Beijing, Hong Kong, Shenzhen, Guangzhou, Dalian, Tianjin, Qingdao, Hangzhou, Suzhou, Ningbo, and Zhongshan. All city guides are now available for complimentary PDF download.
China’s Second Tier Cities – the New Kids on the Block
By Nicholas Hughes Jul. 6 – The HSBC Trade Exchange took place at the Park Hyatt Hotel in Shanghai’s World Financial Center last week from June 27 to June 30. It saw the gathering of business leaders from firms across Europe to understand more about the vast opportunities that are presented by the Chinese market. […]
New Development Zone in Tianjin to Further Boost FDI
Jul. 4 – Tianjin has been historically regarded as one of the major trading centers in China for its convenient location, abundant natural resources, and rich culture. Today, Tianjin is still regarded as a major trading hub, as it can be seen in the economic success of the area. In 2010, Tianjin’s GDP hit roughly […]
Hong Kong to Return 75% of Salaries Tax to 1.5 Million Taxpayers
The Hong Kong Legislative Council passed the Inland Revenue (Amendment) (No.3) Bill on June 8, confirming that individual taxpayers will see a 75 percent deduction in salaries tax and tax under personal assessment payable for the year of assessment 2010/2011. The total reduction of each case will be subject to HK$6,000.
Guangzhou Encourages Better Utilization of Foreign Capital
South China’s economic hub – Guangzhou, recently issued a new official document emphasizing that the government will give more incentives to foreign direct investment attraction. The document pushes Guangzhou to have more sectors open to FDIs, offer more fiscal support as well as regulatory convenience, and build up better infrastructure.
An Introduction to Indian Trade with Eastern China
Jun. 2 – India-China bilateral trade for 2010 stood at US$61.76 billion, an increase of 42.73 percent year-on-year. Presently, China is India’s largest goods trading partner (excluding trade in services), having surpassed the United States in 2007, while India is China’s 10th largest trading partner. In recent years, overall trade between the two countries has […]
