China Insights
Recent development in China's business environment
Foreign Investment
China’s New Regulations on Foreign-Related Intellectual Property Disputes: Strengthening Protection and Compliance
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, ...
China’s Action Plan for National High-Tech Zones to Driving Innovation and Future Growth
China’s national high-tech zones continue to play a pivotal role in the country’s scientific and technological innovation, fostering industrial transformation, and accelerating economic growth. These ...
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 Further Adjusts Regulations for Optimizing Domestic Production of Imported Medical Devices
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’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
Analyzing Economic Trends Through Tax Data: Key Insights from China’s 2025 Q1 Figures
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 ...
China Advances Pension Finance with New High-Quality Development Plan
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 ...
China Strengthens Payment Protection for Small and Medium-Sized Enterprises
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 ...
China’s Fiscal Strategy for 2025: Balancing Growth, Stability, and Innovation
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 ...
China’s Ongoing Tax Reform to Foster Innovation and Economic Growth
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, ...
China’s Fiscal Policy in 2025: Balancing Growth, Stability, and Long-Term Development
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 ...
Understanding China’s New Administrative Measures for Individual Income Tax Settlement
China’s State Administration of Taxation has introduced new Administrative Measures for the Final Settlement and Payment of Individual Income Tax on Comprehensive Income (hereafter referred ...
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 Accelerates the Development of Its Green Certificate Market
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 ...
China Releases Guidelines for the Construction of Digital Energy and Carbon Management Centers for Industrial Enterprises and Parks
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 ...
China’s Push for Greener Express Packaging: A Step Toward Sustainable Logistics
As e-commerce and express delivery services continue to expand in China, concerns about excessive packaging waste and environmental impact have become increasingly urgent.
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 Implements Standardization of Enterprise-Related Charges
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 ...
China’s Updates its Social Credit System
On 21 March 2025, the General Office of the CPC Central Committee and the General Office of the State Council introduced China’s latest directive on ...
Analyzing Economic Trends Through Tax Data: Key Insights from China’s 2025 Q1 Figures
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 ...
China Strengthens Business Environment with Enterprise Fee Regulation Reform
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 ...
China’s Strategy to Elevate Five Cities into Global Consumption Hubs
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 ...
China Strengthens Legal Framework for Countering Foreign Sanctions
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 ...
China Strengthens Anti-Monopoly Enforcement with New Discretionary Guidelines
China is stepping up its regulatory oversight on market concentration with the introduction of new discretionary guidelines for administrative penalties related to mergers and acquisitions.
China Strengthens Payment Protection for Small and Medium-Sized Enterprises
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 ...
China Development Forum 2025: Key Policy Signals for Economic Growth and Stability
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 ...
China Strengthening Its Trade Policy Compliance
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 ...
China’s New Regulations on Foreign-Related Intellectual Property Disputes: Strengthening Protection and Compliance
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, ...
China’s Fiscal Policy in 2025: Balancing Growth, Stability, and Long-Term Development
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 ...
China Further Adjusts Regulations for Optimizing Domestic Production of Imported Medical Devices
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 Releases Guidelines for the Construction of Digital Energy and Carbon Management Centers for Industrial Enterprises and Parks
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 ...
China Publishes Action Plan For Boosting Domestic Consumption
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 ...
China’s Releases 2025 Strategic Outlook to Ensuring Stability and Quality in Foreign Trade
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 ...
China’s Action Plan for National High-Tech Zones to Driving Innovation and Future Growth
China’s national high-tech zones continue to play a pivotal role in the country’s scientific and technological innovation, fostering industrial transformation, and accelerating economic growth. These ...
China’s 2025 GDP Target: Understanding the “Around 5%” Growth Goal
China has set its GDP growth target for 2025 at "around 5%", a figure that reflects a careful balance between economic opportunities and challenges. As ...
China’s Push for Greener Express Packaging: A Step Toward Sustainable Logistics
As e-commerce and express delivery services continue to expand in China, concerns about excessive packaging waste and environmental impact have become increasingly urgent.
China Government Work Report 2025: China To Promote The Stable Development Of Foreign Trade
During the Third Session of the 14th National People's Congress premier Li Qiang presented China’s stance on the development of foreign trade for 2025. China ...
China Government Work Report 2025: Accelerating Industrial Transformation and Integration
2025 marks the final year of the 14th Five-Year Plan. During the Third Session of the 14th National People’s Congress, premier Li Qiang presented that ...
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 Strengthening Its Trade Policy Compliance
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 ...
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 Advances Pension Finance with New High-Quality Development Plan
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 ...
Understanding China’s New Administrative Measures for Individual Income Tax Settlement
China’s State Administration of Taxation has introduced new Administrative Measures for the Final Settlement and Payment of Individual Income Tax on Comprehensive Income (hereafter referred ...
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 …