Accounting & Finance

China’s 2026 Budget Priorities: Fiscal Policy Signals from the Fourth Session of the 14th National People’s Congress On 11 March...

Understanding China’s New Export VAT and Consumption Tax Refund (Exemption) Management Measures Executive Summary On 30 January 2026, the State...

Advancing Capital Account Liberalization Under China’s 15th Five-Year Plan The 15th Five-Year Plan places renewed emphasis on expanding high-level opening...

China Implements New SAFE Measures to Facilitate Cross-Border Trade The State Administration of Foreign Exchange (SAFE) has introduced a new...

Strengthening Accountability in China’s Accounting System The Ministry of Finance has issued a comprehensive set of new regulations aimed at...

On September 12, 2025, the State Administration of Foreign Exchange (SAFE) issued Huifa No. 43, introducing a new set of measures to streamline foreign exchange (FX) management for cross-border...

On August 22, 2025, China’s Ministry of Finance and the State Administration of Taxation jointly issued a new announcement clarifying and refining the country’s value-added tax (VAT) rebate policy...

On 1 August 2025, the State Administration of Taxation (SAT) issued the Announcement on Matters Relating to the Tax Credit Policy for Direct Investment by Foreign Investors with Distributed Profits...

The State Administration of Taxation, the Ministry of Finance, and China State Railway Group Co., Ltd. Collectively have announced the nationwide promotion of fully...