China Monthly Tax Brief: September 2024
In this monthly China tax brief for September 2024, we spotlight policies and measures just announced or scheduled for implementation.
Zhejiang Province Extends Marriage Leave to 13 Days
Amid Zhejiang’s recent extension of marriage leave from 3 days to 13 days, we provide a comprehensive table of marriage leave policies across China’s major provinces.
China-Switzerland Economic Ties: Trade and Investment Highlights
China and Switzerland’s economic ties have grown, with trade exceeding RMB 416.93 billion (US$57.34 billion) in 2023. The Free Trade Agreement, currently under update, strengthens key sectors like pharmaceuticals, machinery, and luxury goods.
China-Thailand Economic Ties: Trade and Investment Opportunities
China and Thailand maintain a robust economic relationship, with bilateral trade reaching US$126.3 billion in 2023. China is Thailand’s largest trading partner and top foreign investor, supported by partnerships such as the ASEAN-China FTA and RCEP.
China-Canada Relations: Boosting Economic Dynamics Amid Challenges
Despite recent tensions, trade between China and Canada remains a critical link, sustaining economic growth and development on both sides.
China Opens Doors to Foreign Investment in Cell Therapy and Wholly Foreign-Owned Hospitals in Pilot Cities
China has initiated a new round of foreign investment relaxation pilots in selected cities, permitting foreign investment in cell and gene therapy as well as wholly foreign-owned hospitals.
China Approves 2024 Negative List for Foreign Investment Access
China approved the 2024 Negative List for Foreign Investment Access, further opening up its manufacturing, telecommunication, education, and healthcare sectors.
China’s Industrial Power Rates: A Guide for Investors
China’s industrial power rates depend upon the category of industry, type of electricity usage, region where it is located, time of use, as well as charging method that the company chooses to go along with.