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 …
Financial Services & Investment Policy & Regulatory
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 Council issued a comprehensive set of guidelines aimed at improving China’s market access system.
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 …
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 Law of …
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 of Encouraged …
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 Promoting …