Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies
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.
Key Considerations for Entering China’s Healthcare Market
The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.
Asia Transfer Pricing Brief: Q1 2024
In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia’s updated transfer pricing guidelines and highlight Singapore and Hong Kong’s progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
China-Germany Bilateral Relations: Trade and Investment
The changing trade and investment relationship between China and Germany underscores emphasis on collaboration while navigating new challenges. We discuss how heightened industrial competition is reshaping vital sectors, prompting both countries to seek balance and adapt to evolving dynamics.
How to Get a Certificate of No Criminal Record in China – A Guide for Foreign Residents
We explain how foreign residents can obtain a certificate of no criminal record in China, using the city of Shanghai as an example.
China Announces Industrial Equipment Upgrading Action Plan
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
China’s Economy Expands 5.3% in Q1 2024
China’s GDP expanded 5.3% in Q1 2024 thanks to strong manufacturing and services output, setting the country on track to reach its annual growth target.