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-Bulgaria Economic Ties: Trade, Investment, and Opportunities

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This article closely examines the bilateral trade and investment relationship between China and Bulgaria, exploring potential opportunities for future cooperation.

Closing a Company in China: General Deregistration vs. Simplified Deregistration

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This article highlights the differences between the general and simplified procedures when deregistering a company, explains the eligibility criteria, and clarifies common misunderstandings about these processes.

China’s Economy in November 2024: Mixed Signals amid Persistent Challenges

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China’s economy showed mixed performance in November 2024, with industrial production and exports showing resilience, while retail sales and fixed asset investment underperformed, amid ongoing challenges.

China Upgrades 144-Hour Visa-Free Transit to 10-Day Stay, Adds 21 Ports

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China expands visa-free transit policy from December 17, 2024, allowing eligible foreign travelers to stay up to 240 hours (10 days). The update also adds 21 ports, bringing the total to 60 across 24 provinces.

China’s Visa-Free Policies: Latest Updates

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In this aritcle, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.

Hong Kong Public Holidays 2025

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Hong Kong will observe 17 public holidays in 2025, including five long weekends for Lunar New Year, Ching Ming Festival, Easter, the Birthday of the Buddha, and Christmas.

China’s Central Economic Work Conference (CEWC): Key Takeaways and Priorities for 2025

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The 2024 China’s Central Economic Work Conference (CEWC) outlined China’s economic priorities and strategies for 2025.

China Expands Private Pension Scheme Nationwide Following Two-Year Pilot Program

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After a two-year pilot program, China has officially expanded its private pension scheme nationwide. Starting December 15, 2024, workers nationwide can participate in this supplementary pension scheme.

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