| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Little known Chinese artificial intelligence (AI) company DeepSeek has made significant strides in the global AI race with its resource-efficient, open-source models despite U.S. export control measures on critical hardware. We take a look at how China is advancing AI innovation despite semiconductor restrictions and why that holds significance on a global scale. | | | | | We discuss the National Unified Market guidelines in 2025, examining the specific regulatory goals, industry-focused standards, and the implications for foreign investors operating in China. | | | | | Beijing has released New Market Access Updates, as China is significantly opening its economy to foreign investment across various sectors, including telecommunications, entertainment, vocational training, and healthcare. | | | | | Most Chinese provinces aim for GDP growth around 5 percent, with higher targets in regions like Hainan and Tibet leveraging unique strengths such as free trade zones and regional development initiatives. | | | | | China has proposed a 20 percent price advantage for “made in China” products in government procurement. This article delves into the specifics of the new policies, evaluates their implications for different stakeholders, and offers practical strategies to navigate these changes effectively. | | | | | Hong Kong will observe 17 public holidays in 2025, including five long weekends. Holidays for the Lunar New Year extend from January 29 to January 31 this year. | | | | | Compared to 2024, the total number of public holidays in 2025 in China has increased by two days, including one extra day for Lunar New Year’s Eve. We list the statutory holiday dates as well as the adjusted working day arrangements. Private companies, however, have the right to determine their own schedules—that is, allow for additional days off—so long as the official holiday calendar is maintained. |
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COMPLIMENTARY BUSINESS RESOURCES: | | | | | This guide aims to walk foreign businesses through the annual audit and compliance process from start to finish, in addition to introducing China’s accounting framework in a comparative context. | | | | | This 2025 edition of An Introduction to Doing Business in Vietnam offers essential insights for companies aiming to establish or expand their business presence in this rapidly evolving market. The guide provides an updated overview of market entry requirements, intellectual property considerations, taxation policies, and HR & payroll regulations. | | | | | Compiled by the experts at Dezan Shira & Associates, the "Doing Business in India 2025" guide introduces the fundamentals of investing in India, covering key topics such as India’s investment climate, corporate establishment, tax, transfer pricing, audit, and accounting, human resources and payroll, trade policy, and data protection measures. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, February 12, 2025 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Thursday, February 13, 2024 | 3:00 PM JKT / 4:00 PM China / 9:00 AM CET | | | | | Seminar | Tuesday, February 18, 2025 | 9:00 AM - 5:00 PM Singapore time |
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