Tax policy plays a significant role in shaping economic development, particularly in fostering scientific and industrial innovation. As China continues to refine its fiscal strategies, tax incentives are being adjusted to support technological advancements and industrial modernization.
China’s Ongoing Tax Reform to Foster Innovation and Economic Growth Read More »
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, …
China Development Forum 2025: Key Policy Signals for Economic Growth and Stability Read More »
China is taking significant steps to enhance its trade policy compliance, aligning with international rules while fostering a competitive and transparent business environment. The recently issued Opinions on Further Strengthening Trade Policy Compliance by the General Office of the State Council underscores this commitment.
As China continues its transition toward a low-carbon economy, the National Development and Reform Commission (NDRC) and other government agencies have issued the Opinions on Promoting the High-Quality Development of the Renewable Energy Green Electricity Certificate Market.
China Accelerates the Development of Its Green Certificate Market Read More »
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.
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.
China’s Fiscal Policy in 2025: Balancing Growth, Stability, and Long-Term Development Read More »
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
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.
China is taking steps to drive economic growth through consumption with the release of the “Special Action Plan for Boosting Consumption.” Issued by the General Office of the CPC Central Committee and the General Office of the State Council, this plan outlines a comprehensive framework to increase consumer purchasing power, enhance market conditions, and promote sustainable economic development.
China Publishes Action Plan For Boosting Domestic Consumption Read More »
Foreign trade is a key pillar of China’s open economy and plays a crucial role in facilitating both domestic and international market integration. Strengthening foreign trade and investment remains a priority, with a strong focus on expanding service trade, green trade, and digital trade to enhance market access and foster global partnerships.
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