Institute for China Studies

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China’s Price Reform: Implications for Businesses and Consumers

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China’s National Development and Reform Commission (NDRC) has introduced new policies aimed at refining the country’s price governance system. The recently issued “Opinions on Improving the Price Governance Mechanism” outlines strategies to enhance market-driven pricing while maintaining effective government oversight. As a key aspect of macroeconomic management, these reforms seek to improve market efficiency, stabilize […]

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China Implements Standardization of Enterprise-Related Charges

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On 28 March 2025 the General Office of the State Council introduced the “Guiding Opinions on Establishing and Improving the Long-term Supervision Mechanism for Enterprise-related Charges” (“Guiding Opinions”). This policy framework aims to standardize and enhance the supervision of enterprise-related charges, marking a crucial shift in regulatory oversight. By introducing a comprehensive directory listing system,

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Analyzing Economic Trends Through Tax Data: Key Insights from China’s 2025 Q1 Figures

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Tax data serves as a crucial economic indicator, providing real-time insights into business activity, investment patterns, and consumer behavior. 2025 Q1 tax figures from China reveal several noteworthy economic trends, underscoring the country’s progress in high-tech innovation, green energy transformation, and service consumption growth. The data also highlights significant advancements in tax-related reforms, improving both

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China Advances Pension Finance with New High-Quality Development Plan

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As China’s population continues to age rapidly, the government is intensifying efforts to enhance the financial services framework for elderly citizens. The State Administration of Financial Supervision has recently introduced the “Implementation Plan for the High-Quality Development of Ageing Finance in the Banking and Insurance Industry”

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China Strengthens Business Environment with Enterprise Fee Regulation Reform

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In an effort to reduce the operational costs of businesses and create a more transparent and fair market environment, China has unveiled new guidelines aimed at regulating enterprise-related fees. The “Guiding Opinions of the General Office of the State Council on Establishing and Improving a Long-term Regulatory Mechanism for Enterprise-related Fees” outlines comprehensive measures to standardize fee collection, eliminate unauthorized charges, and improve governance.

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China’s Strategy to Elevate Five Cities into Global Consumption Hubs

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China is making a strategic push to establish Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing as international consumption center cities, aiming to strengthen their global economic influence and enhance domestic consumption. The latest government measures provide comprehensive support across eight key areas, ensuring these cities develop into premier destinations for international commerce, tourism, and cultural exchange.

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China Strengthens Legal Framework for Countering Foreign Sanctions

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On March 24, 2025, China officially enacted the Provisions on the Implementation of the Anti-Foreign Sanctions Law of the People’s Republic of China under State Council Decree No. 803. These new regulations establish a structured legal framework for enforcing countermeasures against foreign sanctions, aiming to protect China’s sovereignty, security, and economic interests.

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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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