China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
We discuss trade and investment relations between China and the Netherlands, areas of potential business growth, and standing challenges.
The negative lists provide clarity and relax restrictions on overseas companies selling services to China, laying the groundwork for future market access expansion.
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Sign Up NowTimeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
China tops the Emerging Asia Manufacturing Index 2024, a report enabling investors to assess China’s strengths and weaknesses in the manufacturing sector within the broader Asia-Pacific context.
The changing trade and investment relationship between China and Germany underscores emphasis on collaboration while navigating new challenges. We discuss how heightened industrial competition is reshaping vital sectors, prompting both countries to seek balance and adapt to evolving dynamics.
China's GDP expanded 5.3% in Q1 2024 thanks to strong manufacturing and services output, setting the country on track to reach its annual growth target.
The new cross-border data service center will provide consulting services to companies in Shanghai and facilitate data export.
The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.
In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia's updated transfer pricing guidelines and highlight Singapore and Hong Kong's progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
China's New Company Law has far-reaching implications for businesses. In this publication, we guide foreign investors through the changes of the New Company Law for existing and new FIEs and relevant stakeholders.
Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2024.
In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in March 2024. These initiatives target to increase market access, attract foreign investment, support technology innovation, and clarify tax compliance.
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.
China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.
The CAC has adopted measures for the streamlined "Standard Contract" procedure for exporting personal information. Here's how it works.
We discuss how establishing a waste recycling system is aligned with China’s broader conservation strategy and push for a circular economy.
China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.
The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.
The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
We explain how foreign residents can obtain a certificate of no criminal record in China, using the city of Shanghai as an example.
A Verification Letter of Invitation is necessary for certain foreigners applying for M/F visas to China, particularly those from Middle East countries. We discuss who needs to apply, the application process, and the potential risks associated with this document.
To optimize payment experiences for foreign visitors and businesses in China, the People’s Bank of China has recently released a set of guidelines detailing the payment methods currently accessible to foreign nationals across the mainland.
The Annual Employer’s Return filing in Hong Kong begins on the first working day of April and should be completed within one month. Employers are advised to start preparations early and allocate sufficient resources to meet this tight deadline.
China has made strides in facilitating the hiring of more women in the workforce, although gender discrimination challenges persist.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.
China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.
The CAC has adopted measures for the streamlined "Standard Contract" procedure for exporting personal information. Here's how it works.
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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