China’s exports grew by 6.9% in H1 2024 to RMB 12.13 trillion, driven by high-tech sectors like integrated circuits and automobiles. Despite geopolitical tensions and domestic...
China’s new measures aim to simplify hotel accommodations for overseas travelers by removing qualification barriers and improving service standards, payment convenience, and registration processes. This addresses...
China has introduced a new tax incentive for companies investing in digital and smart upgrades of special equipment to encourage environmental protection and safe production. Companies...
The 2024 Hainan Encouraged Catalogue, issued by the NDRC, MOF, and STA, aims to boost industries in the Hainan Free Trade Port. It prioritizes sectors like...
China’s standards authority has released draft standards for personal information protection compliance audits, potentially making them mandatory for companies in 2023. The audits will require companies...
China has expanded its 144-hour visa-free transit policy, allowing travelers from 54 countries to visit certain areas without a visa. Zhengzhou in Henan Province and eight...
China’s State Council has approved temporary adjustments to administrative regulations in six major cities to enhance the service sector. Aimed at attracting domestic and foreign investments,...
On July 1, 2024, China implemented new rules for registered capital registration management system under the Company Law, ensuring timely capital contribution, adjusting investment periods, and...
On June 6, 2024, China’s State Council released the Fair Competition Review Regulations to promote fair competition in the market. The regulations prevent local governments from...