China Briefing News

Tax Implications for Businesses Under China’s New Company Law

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Under the New Company Law, companies and stakeholders face new tax implications. Ahead of its implementation, thorough understanding, staying informed, and consulting legal and tax experts are essential for proactive risk management.

China Releases New Draft Regulations on Generative AI

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China is striving to regulate generative AI while promoting innovation and technological advancement. The NISSTC has issued draft regulations outlining security measures for generative AI service providers, underscoring China’s commitment to responsible AI development.

Highlights from China FM Wang Yi’s Visit to New Zealand and Australia (Updated)

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China FM Wang Yi’s visit to New Zealand and Australia underscores efforts to strengthen economic ties and address differences.

US Tariff Increases on Chinese Imports – Implications for Trade and Businesses

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The recently proposed US tariff increases on Chinese imports, which include EVs, solar panels, and semiconductors, are anticipated to affect the prices of specific products within the US market and have tangible repercussions for Chinese exporters.

April 2024 Economic Roundup – Industrial Output and Foreign Trade Continue to Spur Recovery

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Data for China’s economy in April 2024 shows strong supply-side performance and a rebound in foreign trade, while weak domestic demand persists.

China’s Chocolate Market – Trends and Industry Overview

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New trends and shifting consumption dynamics in China’s chocolate market present numerous opportunities for foreign businesses and investors.

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.

EU Chamber Business Confidence Survey: Key Findings and Takeaways

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The EU Chamber’s annual survey on business confidence in China for 2024 provides a snapshot of the current business sentiment among European companies.

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