Introduction to China’s One-Time Entrepreneurship Subsidies
Introduction to China’s One-Time Entrepreneurship Subsidies Entrepreneurship continues to play a critical role in stabilizing employment and driving economic growth […]
Financial Services & Investment
China Introduces the “Domestic Product Standard” to Strengthen Confidence in Foreign Investment
China has unveiled a major policy shift to enhance transparency and fairness in government procurement. The General Office of the State Council recently issued the Notice on the Implementation of National Product Standards and Related Policies in Government Procurement …
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) …
China Clarifies Tax Responsibilities in Platform Economy Ahead of New Reporting Requirements
The State Administration of Taxation (SAT) has issued new guidance to internet platform companies ahead of the October 1 implementation of mandatory reporting of identity and income data for platform operators and workers …
China Expands Access for Foreign Investors to Bond Repurchase Market
China has taken another step toward deepening financial market openness by allowing a wider range of foreign institutional investors to participate in bond repurchase (repo) transactions in the domestic interbank bond market.
China Deepens Foreign Exchange Reform to Facilitate Cross-Border Investment and Financing
On September 12, 2025, the State Administration of Foreign Exchange (SAFE) issued Huifa [2025] No. 43, introducing a new set of measures to streamline foreign exchange (FX) management for cross-border investment and financing …
China Refines VAT Rebate Policy to Ease Pressure on Enterprises and Improve Accuracy
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. …
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 Clarifies Tax Credit Policy for Foreign Investors Reinvesting Distributed Profits
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 (No. 18 of 2025) …