China Briefing News

China’s New Action Plan to Boost Urbanization

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The Action Plan seeks to facilitate the settlement of rural migrants in urban areas by reforming the hukou system, improving work and education opportunities, and expanding urban infrastrucure and services.

China’s New Guidelines to Boost Services Consumption Ignite Optimism in Education and Training Sector

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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.

China’s IP Protection Development: A Comprehensive Overview

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China has strengthened its intellectual property protection by amending laws, establishing specialized IP courts, and streamlining legal processes to align with international standards.

China’s Six-Year Rule for Foreigners: 2024 IIT Payment Highlights

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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.

China-ASEAN Trade and Investment Relations

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China’s trade and investment relationship with the 10 ASEAN countries has flourished in recent decades, driven by the signing of various trade and investment agreements.

China’s Economic and Sports Industry Gains from Paris 2024 Olympics

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We discuss how the Paris 2024 Olympics offer China a prime opportunity to enhance its global image, boost trade, and expand its market presence through sports-related exports and e-commerce.

New 144-Hour Visa-Free Policy for Foreign Tour Groups from Hong Kong and Macao Entering Hainan

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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 Monthly Tax Brief: July 2024

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Highlights from this monthly China tax brief include multiple tax incentives for encouraging green development, supporting listed SMEs, and guiding M&As.

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