China Adjusts Vehicle Tax Incentives for Energy-Efficient and New Energy Vehicles
China Adjusts Vehicle Tax Incentives for Energy-Efficient and New Energy Vehicles China has announced a significant adjustment to its vehicle […]
Financial Services & Investment Policy & Regulatory
China Tightens Digital Finance Distribution
China Tightens Digital Finance Distribution On 24 April 2026, the People’s Bank of China (PBoC), together with the Ministry of
China Launches Multi-Ministry Initiative to Support Small Businesses: 50 Measures to Strengthen Market Vitality
China Launches Multi-Ministry Initiative to Support Small Businesses: 50 Measures to Strengthen Market Vitality On 24 March 2026 China’s State
China Outlines Policy Priorities for Financial Tools and Artificial Intelligence Development
At its September press conference, the National Development and Reform Commission (NDRC) provided updates on macroeconomic policy implementation, financing instruments and measures to support the development and application of artificial intelligence (AI) …
Standardizing PPP Stock Projects: Balancing Efficiency, Risk, and Public Value
On August 20, 2025, the Ministry of Finance released its Guiding Opinions on Regulating the Construction and Operation of Government-Private Partnership (PPP) Stock Projects …
China Introduces Loan Discount Policy to Strengthen Service Industry and Boost Consumption
On August 12, the Ministry of Finance (MOF) outlined the details of the newly issued Implementation Plan for the Loan Discount Policy for Service Industry Operators (Caijin [2025] No. 81) …
China’s New Regulations on Tax-Related Information Reporting for Platform Enterprises
China has introduced the “Regulations on the Submission of Tax-Related Information by Internet Platform Enterprises”, accompanied by a detailed implementation Announcement. Together, these measures mark a significant step toward strengthening oversight of the platform economy, curbing disorderly competition, and safeguarding taxpayer rights.
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 challenges related to delayed payments. Effective June 1, 2025, these changes reflect China’s commitment to fostering a fairer business environment, improving cash flow for SMEs, and enhancing financial discipline among large enterprises and government entities.
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 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 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 …