China Briefing News

China-Brazil Economic Ties: Trade, Investment, and Opportunities

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This article explores the economic ties between China and Brazil in trade and investment, highlighting potential opportunities for investors from both countries.

Renegotiating Long-Term Commercial Contracts for Greater Cost Savings

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All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation, which can lead to significant savings and greater resilience.

China Issues New Regulations on Network Data Security Management, Effective January 1, 2025

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On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.

Zhejiang Province Extends Marriage Leave to 13 Days

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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.

2024 China National Day Holiday Guide: Rest Days, Work Schedule, and Overtime Pay

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The 2024 China National Day holiday is just around the corner. This article outlines the official holiday and work adjustment schedule released by the Chinese government, as well as the guidelines for salary payments and overtime pay during this period.

China-Switzerland Economic Ties: Trade and Investment Highlights

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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

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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.

Accounting Digitalization in China: Managing the Impact of Fully Digitalized E-Fapiao and the New Accounting Law

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China’s accounting is transforming with digitalization of the e-fapiao and the new Accounting Law, improving efficiency and compliance. Enterprises must adopt digital tools for accurate financial management and regulatory adherence.

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