China’s Visa-Free Policies: Latest Updates
In this aritcle, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them. Among others, China-Salomon Islands mutual visa exemption agreement took effect on December 28, 2024.
China Resumes Live Rock Lobster Imports from Australia
China has resumed live rock lobster imports from Australia as of December 20, 2024, marking the final removal of trade barriers that have plagued the bilateral trade relationship since 2020.
China Manufacturing Tracker: 2024-25
Our tracker provides continuous updates on key economic and growth indicators in China’s manufacturing industry. The data for November has now been updated.
China Passes Its First Value-Added Tax Law
On December 25, 2024, the Standing Committee of the 14th National People’s Congress (NPC) approved the Value-Added Tax (VAT) Law, which will come into effect on January 1, 2026.
China’s Supreme Court Clarifies Non-Retroactive Application of Article 88 (1) of the New Company Law
China’s Supreme People’s Court has confirmed that Article 88(1) of the New Company Law will not be applied retroactively to disputes involving equity transfers made before July 1, 2024. This clarification aims to alleviate widespread concerns among prior shareholders and resolve inconsistencies in judicial rulings across regions.
China Released Draft Encouraged Catalogue to Boost Foreign Investment
On December 20, 2024, China’s NDRC and the MOFCOM released the new draft version Encouraged Catalogue for Foreign Investment, revising the 2022 version. This draft is open for public feedback until January 20, 2025.
China Unveils Its First Set of Basic Standards for Corporate Sustainability (ESG) Disclosure
In December 2024, China introduced a Basic Standards of its Corporate Sustainability Disclosure Standards, aiming to guide businesses in aligning their sustainability practices with global ESG expectations.
China-Bulgaria Economic Ties: Trade, Investment, and Opportunities
This article closely examines the bilateral trade and investment relationship between China and Bulgaria, exploring potential opportunities for future cooperation.