China Insights
Recent development in China's business environment
Foreign Investment
China’s 2025 Government Work Report: Strong Focus On Foreign Investment
On 5 March 2025, premier Li Qiang of the State Council delivered a government work report to the Third Session of the 14th National People's ...
China Releases its 2025 Action Plan for Stabilizing Foreign Investment
In an effort to bolster China’s global competitiveness and maintain a steady flow of foreign investment, the Ministry of Commerce and the National Development and ...
Navigating the New Regulatory Landscape for Foreign Strategic Investment in Chinese Listed Companies
The Ministry of Commerce of China, alongside several key governmental bodies, has issued the 2024 Administrative Measures for Strategic Investment in Listed Companies by Foreign ...
China Launches Pilot Program For Foreign Investment In Medical Industry
China’s Ministry of Commerce, National Health Commission and the State Food and Drug Administration, have issued Circular [Shang Zihan (2024) No. 568], …
China Approves 2024 Negative List For Foreign Investment Access
China’s State Council has approved the updated Negative List for Foreign Investment Access (2024 Edition). Restrictions on foreign investment in the manufacturing …
China Issues Guidelines to Improve the Market Access System
On August 1, 2024, the General Office of the Central Committee of the Communist Party of China (CPC) and the General Office of the State ...
New Pilot Program on Foreign Ownership for Value-Added Telecommunications Services
In a move to further open up China's economy and align with international economic standards, the Ministry of Industry and Information Technology (MIIT) has …
Hainan Free Trade Port Updates 2024 Catalogue of Encouraged Industries
As part of China's strategic initiative to transform Hainan into a world-class free trade port, the government has released the 2024 Edition of the Catalogue ...
China Releases Action Plan to Attract and Utilize Foreign Investment
In an effort to bolster its economic modernization and strengthen ties with the global economy, China’s State Council has unveiled the "Action Plan for Solidly ...
Business and Entrepreneurship
China’s Action Plan for Streamlining Logistics Cost
In a bid to enhance economic efficiency and streamline operations, the General Office of the Central Committee of the Communist Party of China and the ...
China’s State Council Releases New Provisions to Strengthening regulations for Administrative Inspections at Enterprises
In an effort to streamline the administrative inspection process and reduce the burdens on businesses, the General Office of the State Council of the People’s ...
China’s New Measures for Company Registration Management: Key Highlights and Implications
On December 20, 2024, the State Administration for Market Regulation (SAMR) issued Decree No. 95, unveiling the Measures for the Implementation of Company Registration Management. ...
Measures for the Administration of Beneficial Owner Information
On April 29, 2024, the People's Bank of China (PBOC) introduced the "Measures for the Management of Beneficial Owner Information," a regulation that will take ...
China’s Draft Measures for Company Registration Management: A Comprehensive Guide for Businesses
On 26 July 2024, the State Administration of Market Regulation (SAMR), China’s market regulator, has issued a set of draft implementation measures to accompany the ...
China Implements New Registered Capital Rules under the Revised Company Law
On June 7, 2024, during an executive meeting of the State Council, the draft Provisions on the Registered Capital Registration Management System of the Company ...
Navigating the Transition: Key Insights into the Temporal Application of China’s Revised Company Law
On December 29, 2023, the Company Law of the People's Republic of China underwent its second significant amendment, marking an important shift in the …
Finance & Accounting
China Releases New Tax Policies for Cross-Border E-Commerce Export Overseas Warehouses
In a move aimed at enhancing the development of cross-border e-commerce, the State Administration of Taxation (SAT) has announced new regulations designed to streamline the ...
China Releases 2025 Tax Return Deadlines
The General Office of the State Administration of Taxation (SAT) recently released Notice [2024] No. 71, clarifying the specific deadlines for filing tax returns and ...
China Implements Nationwide Rollout of Fully Digitized Electronic Invoices
The State Administration of Taxation (SAT) has announced the nationwide implementation of fully digitized electronic invoices, effective 1 December 2024. This follows the success ...
China Implements the use of digital invoices in the Civil Aviation Sector
In a step toward modernizing financial processes and enhancing operational efficiency, the State Administration of Taxation, the Ministry of Finance, and the ...
China Launches Fully Digitized E-Invoices for Railway Passenger Transport
The State Administration of Taxation, the Ministry of Finance, and China State Railway Group Co., Ltd. Collectively have announced the nationwide promotion of fully …
China Implements Pilot Reform of Water Resources Tax
China’s new pilot reform for water resources taxation, effective December 1, 2024, represents a major step forward in sustainable resource management and …
China Implements Measures To Simplify Cross-Provincial Relocation Of Taxpayers
On July 29, 2024, China's State Administration of Taxation (SAT) issued a circular titled "Further Facilitating the Cross-regional Migration of Taxpayers and Serving the …
Preferential CIT Policy for Green and Intelligent Development
On July 12, 2024, the Ministry of Finance and the State Administration of Taxation issued Announcement No. 9, unveiling a new enterprise income tax policy ...
China Releases New Tax Guidelines to Boost Manufacturing: Empowering High-End, Intelligent, and Green Growth
To strengthen the manufacturing sector, the Ministry of Finance and the State Administration of Taxation recently released the "Guidelines for China's Main Tax …
China 2024 Tax Filing Deadlines
The State Administration of Taxation has issued an important notice regarding the tax declaration and payment deadlines for the year 2024. This update is aimed ...
Sustainability
China Refines Carbon Emissions Statistical Accounting System
On October 24, 2024, China’s National Development and Reform Committee, together with seven other departments released its work plan to refine and reinforce its …
The Impact of China’s 2024-2025 Energy Conservation and Carbon Reduction Action Plan on Industries
As the global climate agenda intensifies, energy conservation and carbon reduction have become pivotal elements of sustainable development strategies. The Chinese …
China’s Launches 2024-2025 Energy Conservation and Carbon Reduction Action Plan
As the global climate agenda intensifies, energy conservation and carbon reduction have become pivotal elements of sustainable development strategies. The Chinese …
China Developing Unified Corporate Sustainability Disclosure Standards by 2030
In a significant move towards enhancing corporate transparency and global competitiveness, China’s Ministry of Finance has initiated steps to standardize …
China Soliciting Opinions for Self-Regulatory Guidelines for Listed Companies on Sustainability
On February 8, 2024, the Shanghai Stock Exchange (SSE) released a significant announcement that has the potential to reshape how listed companies on the …
Economy & Trade
China’s 14th Five-Year Plan: Key Targets Achieved Ahead of Schedule
As China approaches the final year of its 14th Five-Year Plan (2021–2025), significant progress has been made in achieving key economic, social, and technological development ...
China’s 2025 Economic Strategy Provides a Balanced Approach to Growth and Stability
China has set ambitious yet pragmatic economic targets for 2025, aiming for steady growth, employment stability, controlled inflation, and environmental sustainability. With a GDP growth ...
China’s 2025 Government Work Report: Strong Focus On Foreign Investment
On 5 March 2025, premier Li Qiang of the State Council delivered a government work report to the Third Session of the 14th National People's ...
China’s Action Plan for Streamlining Logistics Cost
In a bid to enhance economic efficiency and streamline operations, the General Office of the Central Committee of the Communist Party of China and the ...
China’s State Council Releases Strategic Roadmap For Comprehensive Rural Revitalization (2024-2027)
The "Comprehensive Rural Revitalization Plan (2024-2027)" released by the Central Committee of the Communist Party of China and the State Council presents a strategic roadmap ...
China’s State Council Releases New Provisions to Strengthening regulations for Administrative Inspections at Enterprises
In an effort to streamline the administrative inspection process and reduce the burdens on businesses, the General Office of the State Council of the People’s ...
China Releases New Tax Policies for Cross-Border E-Commerce Export Overseas Warehouses
In a move aimed at enhancing the development of cross-border e-commerce, the State Administration of Taxation (SAT) has announced new regulations designed to streamline the ...
China’s Central Economic Work Conference: Strategic Priorities for 2024
On 11 and 12 December 2024 the Central Economic Work Conference (CEWC) was held in Beijing. Led by Xi Jinping, General Secretary of the Communist ...
Comprehensive Overview of China’s Export Control Regulations on Dual-Use Items
On 19 October 2024, China officially promulgated the “Regulations on Export Control of Dual-Use Items” under State Council Order No. 792, set to take effect ...
Hainan Free Trade Port Expands “Zero Tariff” Policy for Drugs and Medical Devices
In line with China's ongoing efforts to boost the development of the Hainan Free Trade Port, a new "zero tariff" policy has been introduced to ...
China Presents Three-Year Business Environment Plan for Beijing-Tianjin-Hebei Region
To support the coordinated development of Beijing-Tianjin-Hebei (BTH) and the national strategy to enhance the region’s business environment, a comprehensive …
Understanding China’s New Regulations on Fair Competition Review
On August 1, 2024, China will implement the new *Regulations on the Review of Fair Competition* as part of its ongoing efforts to standardize fair ...
China Announces Industrial Equipment Upgrading Implementation Plan
In a bid to accelerate the modernization of its industrial landscape, China has unveiled an ambitious plan to promote large-scale equipment renewal across key …
Human Resources
China Publishes Roadmap for Deepening the Reform and Development of Pension Services in China
In response to the aging population and the growing demand for elderly care, the Central Committee of the Communist Party of China and the State ...
China’s Cyberspace Administration Releases Measures for Managing Personal Information Protection Compliance Audits
As China continues its push for modernization and digital transformation, ensuring the protection of personal data has become an increasing priority for both the government ...
China Implements Nationwide Personal Pension System
After two years of successful pilot programs across 36 cities and regions, per 15 December 2024 China has started with the implementation of a personal ...
China Releases 2025 Public Holiday schedule
China’s State Council has released the 2025 public holiday schedule, introducing two additional holidays for citizens, extending the Spring Festival and Labor Day holidays.
China Gradually Increases Legal Retirement Age
On 13 September 2024, the Standing Committee of the 14th National People’s Congress adopted a decision to implement the gradual postponement of the statutory …