China Investment Roadmap: The Entertainment Industry – New Issue of China Briefing Magazine

February 13, 2015 Posted by China Briefing Reading Time: 4 minutes

The newest issue of China Briefing Magazine, titled “China Investment Roadmap: The Entertainment Industry,” is out now and available as a complimentary download in the Asia Briefing Bookstore through the month of March.

Contents:

Market Overview: The Entertainment Industry in China
Investing in China’s Entertainment Industry
Expert Commentary: HR Challenges for the Entertainment Industry

Surveying a list of China’s high-growth industries published by CNN in 2013, one can appreciate just how much the Chinese economy has changed over the past decade. In place of low value added exports like shoes and toys, the list names consumer-oriented industries like food & beverage, health care and private education, as well as innovation-heavy sectors such as clean technology, cloud computing and e-commerce.

Notably absent from this list, however, is China’s entertainment industry, which is predicted to grow by 10.9 percent (CAGR) between 2013 and 2018. As we explore in detail in the pages to follow, this is connected to the misalignment between typical Western ideas of “showbiz” and China’s official industry classification scheme, resulting in confused definitions of what is and isn’t deemed part of the entertainment industry in China.

Considered as a whole, the entertainment industry in China presents a mixed bag of opportunities and restrictions, incentives and obstacles. Historically, the industry has been subject to some of the most stringent restrictions on foreign investment, but in recent years these have given way to policy adjustments such as the lifting of a 14-year ban on video game consoles in the Shanghai Free Trade Zone. The situation today is one in which targeted incentives are being used to channel investment into priority areas such as cinema construction and high-tech entertainment services.

In this special edition China Briefing Industry Report, we cast our gaze over the broad landscape of China’s entertainment industry, identifying where the greatest opportunities are to be found and why. Next, we detail some of the most important issues for foreign investors to be aware of, including legal, regulatory, and tax considerations specific to the industry. Lastly, we provide an insider analysis of the sector’s unique human resources challenges.

About Us

Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email china@dezshira.com or visit www.dezshira.com.

Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight.

‍

Tax, Accounting, and Audit in China 2015
This edition of Tax, Accounting, and Audit in China, updated for 2015, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when establishing or operating a business in China, as well as other tax-relevant obligations. This concise, detailed, yet pragmatic guide is ideal for CFOs, compliance officers and heads of accounting who must navigate the complex tax and accounting landscape in China in order to effectively manage and strategically plan their China operations.

Employing Foreign Nationals in China
In this issue of China Briefing, we have set out to produce a guide to employing foreign nationals in China, from the initial step of applying for work visas, to more advanced subjects such as determining IIT liability and optimizing employee income packages for tax efficiency. Lastly, recognizing that few foreigners immigrate to China on a permanent basis, we provide an overview of methods for remitting RMB abroad.

China Investment Roadmap: The Medical Device Industry
In this issue of China Briefing, we present a roadmap for investing in China’s medical device industry, from initial market research, to establishing a manufacturing or trading company in China, to obtaining the licenses needed to make or distribute your products. With our specialized knowledge and experience in the medical industry, Dezan Shira & Associates can help you to newly establish or grow your operations in China and beyond.