| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | The 2024 CEWC outlined China’s economic priorities and strategies for 2025. Among others, the government identified weak domestic demand as the primary challenge facing the nation’s economy and signaled plans to intensify fiscal and monetary measures in 2025. | | | | | After a 2-year pilot program, China has officially expanded its private pension scheme nationwide. Starting December 15, 2024, workers nationwide can participate in this supplementary pension scheme. | | | | | Identifying cost inefficiencies is crucial for cost reduction, with financial analysis and cost audits serving as key tools. Cost audits also play a vital role in ensuring the sustainability of these optimization measures. | | | | | China expands visa-free transit policy from December 17, 2024, allowing eligible foreign travelers to stay up to 240 hours (10 days). The update also adds 21 ports, bringing the total to 60 across 24 provinces. | | | | | Hong Kong will observe 17 public holidays in 2025, including five long weekends for Lunar New Year, Ching Ming Festival, Easter, the Birthday of the Buddha, and Christmas. |
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COMPLIMENTARY BUSINESS RESOURCES: | | | | | Guide to Corporate Taxation and Compliance in China 2025 provides an overview of key taxes and obligations for foreign businesses in China. Ideal for CFOs, compliance officers, and accounting leads, it helps navigate complex tax regulations to effectively manage and plan China-based operations. | | | | | Whether you are a multinational corporation seeking new markets or a small business owner exploring global expansion, ‘An Introduction to Doing Business in the UAE 2025’ is your definitive resource for understanding and succeeding in one of the world’s most vibrant business environments. This issue covers corporate establishment and business closure procedures, location intelligence, tax, audit, and transfer pricing, as well as HR and payroll considerations. | | | | | With its strategic geographic position, rapidly expanding industrial infrastructure, and government initiatives aimed at enhancing the logistics environment, Vietnam offers a wealth of opportunities for both domestic and international investors. This issue of Vietnam Briefing Magazine will serve as a key resource for investors seeking to enter this dynamic market. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, January 22, 2025 | 4:00 PM China / 3:00 PM Vietnam / 1:30 PM India / 9:00 AM CET | | | | | Webinar | Tuesday, January 14, 2025, 4:00 PM Vietnam, 5:00 PM China, 10:00 AM CET | | | | | Webinar | Wednesday, January 15, 2025 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China |
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