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China’s State Council has implemented revised Provisions on Declaration Standards for Business Operator Concentration, effective from January 22, 2024. Originally proposed by SAMR in June 2022,...
Shanghai is improving business deregistration procedures to enhance the ease of doing business in the city. The Opinions released by government bureaus aim to simplify the...
Global efforts to combat gender discrimination are increasing, with China making significant progress in promoting gender equality. Chinese policies and initiatives have led to higher female...
In 2023, the State Council introduced 24 measures to attract foreign investment in China, with 60% being implemented or making progress. Roundtable discussions by MOFCOM aim...
The Financial Secretary of Hong Kong announced the SAR’s government budget for the fiscal year 2024-25. It includes increased expenditure in essential areas like healthcare and...
OpenAI’s Sora text-to-video model is making waves in China’s tech industry with its ability to generate videos from written prompts. This groundbreaking AI tool has sparked...
China’s Ministry of Education introduced new draft regulations to manage off-campus training in the after-school tutoring industry, following a crackdown in mid-2021. The regulations focus on...
Annual IIT reconciliation for 2023 must be done from March 1 to June 30, 2024. Final tax settlement appointments must be made after February 21, 2024....
The Chinese New Year holiday saw a remarkable recovery in the tourist industry, with travel numbers and revenues exceeding 2023 and pre-pandemic levels. The Ministry of...