China Monthly Tax Brief: March 2024
In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in March 2024. These initiatives target to increase market access, attract foreign investment, support technology innovation, and clarify tax compliance.
China Expands Market Access in Cross-Border Services with Release of New Negative Lists
The negative lists provide clarity and relax restrictions on overseas companies selling services to China, laying the groundwork for future market access expansion.
China Lifts Tariffs on Australian Wine Imports, Amid Improving Trade Ties
China announced the lifting of the tariffs imposed on Australia wine imports, marking a significant turning point in China-Australia trade relations after years of tension. We look at the significance and implications of this decision.
China Unveils New Guidelines on Optimized Payment Services for Foreigners: An Overview
To optimize payment experiences for foreign visitors and businesses in China, the People’s Bank of China has recently released a set of guidelines detailing the payment methods currently accessible to foreign nationals across the mainland.
Shanghai Introduces New Guidelines for Cosmetic Advertising
Shanghai issued New Guidelines for cosmetics advertising, which cover aspects such as product classification, efficacy claims, and endorsement activities. We present key highlights.
Decoding China 2024 Green Industry Catalogue: Key Takeaways
China has issued the 2024 version of its Green Industry Catalogue, a key reference document for government entities and departments to devise supportive policies for the advancement of green sectors in the country. We provide key details.
China Adopts New Regulations to Facilitate Cross-Border Data Flows
Nre regulations from China’s cybersecurity regulator significantly facilitate cross-border data transfer processes for foreign companies by lowering compliance burdens.
China’s January – February 2024 Economic Roundup
January and February economic indicators show a strong start to China’s economy in 2024, with growth in industrial output and recovery in foreign trade.