Other Briefings
Navigating China’s Evolving Approach to Human Genetic Resources: Insights on Regulatory Changes
China has transferred the management of human genetic resources to the National Health Commission, aiming to streamline regulations and foster biotech innovation by balancing oversight and reducing bureaucratic burdens. This shift is expected to enhance international collaboration, attract foreign investment, and expedite drug development in China.
China Monthly Tax Brief: May 2024
Highlights from this monthly China tax brief include the new beneficiary owner reporting rules to be effective from November 1, 2024, the expanded tax incentives in the Qianhai Cooperation Zone, and the advance tax ruling measures implemented in Beijing and Maoning City.
Tax Implications for Businesses Under China’s New Company Law
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
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)
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
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
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
New trends and shifting consumption dynamics in China’s chocolate market present numerous opportunities for foreign businesses and investors.
