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China Strengthens Payment Protection for Small and Medium-Sized Enterprises

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The Chinese government has introduced significant revisions to the Regulations on Guaranteeing Payment of Funds to Small and Medium-Sized Enterprises (SMEs), aimed at addressing long-standing challenges related to delayed payments. Effective June 1, 2025, these changes reflect China’s commitment to fostering a fairer business environment, improving cash flow for SMEs, and enhancing financial discipline among large enterprises and government entities.

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China’s Fiscal Strategy for 2025: Balancing Growth, Stability, and Innovation

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At the 2025 China Development Forum, Minister of Finance Lan Fo’an outlined China’s fiscal policy strategy, emphasizing a more proactive and coordinated approach to ensure economic stability and long-term growth. With a deficit rate of 4%, a fiscal deficit of 5.66 trillion yuan, and public budget expenditures reaching 29.7 trillion yuan, the government’s policy framework is designed to boost consumption, stimulate investment, support innovation, and manage financial risks.

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China Development Forum 2025: Key Policy Signals for Economic Growth and Stability

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The 2025 China Development Forum (CDF), held on March 23 in Beijing, provided significant insights into China’s economic priorities and policy directions. Government officials from key institutions, including the Central Financial and Economic Commission, the Ministry of Industry and Information Technology, and the Ministry of Finance, …

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China’s New Regulations on Foreign-Related Intellectual Property Disputes: Strengthening Protection and Compliance

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On May 1, 2025, China’s Provisions on the Handling of Foreign-Related Intellectual Property Disputes will officially take effect. These regulations, introduced by the State Council, represent a significant step in reinforcing intellectual property (IP) protection, ensuring businesses can navigate foreign-related IP disputes effectively while safeguarding national interests.

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China’s Fiscal Policy in 2025: Balancing Growth, Stability, and Long-Term Development

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As China navigates a complex global economic environment, its 2025 fiscal policy has taken on a more proactive and strategic role in ensuring both short-term recovery and long-term growth. With rising uncertainties in global trade, investment, and market conditions, the latest Government Work Report introduces a more active fiscal policy, aimed at stimulating demand, supporting key industries, and strengthening public services.

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China Further Adjusts Regulations for Optimizing Domestic Production of Imported Medical Devices

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China’s National Medical Products Administration (NMPA) recently issued the Announcement on Further Adjusting and Optimizing the Production of Imported Medical Device Products in Enterprises in China (No. 30 [2025]), signaling an important regulatory shift for foreign medical device companies operating in the Chinese market. The policy, which took effect on March 18, 2025, builds upon

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China Releases Guidelines for the Construction of Digital Energy and Carbon Management Centers for Industrial Enterprises and Parks

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On 7 March 2025, the Ministry of Industry and Information Technology (MIIT) released the Guidelines for the Construction of Digital Energy and Carbon Management Centers for Industrial Enterprises and Parks (Ministry of Industry and Information Technology [2025] No. 13), providing a roadmap for integrating digital technologies into energy and carbon management.

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