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Hainan Implements Zero-Tariff Policy for Drugs and Medical Devices in Boao Lecheng Pilot Zone

On September 5, 2024, China announced the zero-tariff policy for medicines and medical devices in the Hainan Free Trade Port. This new...

China Removes Restrictions on Foreign Investment in Manufacturing with New Negative List 2024

On 8 September 2024, China’s National Development and Reform Commission and the Ministry of Commerce jointly released the Special...

Fintech Regulation in China: Key Insights

In China, there is no singular regulatory body overseeing fintech products and services. Instead, various financial services are governed...

China Opens Doors to Foreign Capital: New Investment Opportunities in Healthcare and Manufacturing

China has announced significant reforms aimed at attracting more foreign investment, including lifting restrictions on capital in the...

Protecting Financial Staff from Emerging Fraud Threats in China

On September 19, the Beijing Daxing Tax Bureau warned companies about an increase in fake "tax audit notices". They reminded taxpayers...

Effective Strategies for Negotiating China Licensing Agreements

Our legal team has seen a rise in foreign companies seeking to license their brands, concepts, or technologies in China. This approach...

China Releases Updated Rules and Negative List for Cross-border Data Transfers in Beijing Pilot Free Trade Zone

On August 30, 2024, the Beijing Municipal Internet Information Office, Beijing Municipal Commerce Bureau, and the Beijing Municipal...

Shenzhen Reopens GBA IIT Subsidy Applications for 2024

Shenzhen has officially reopened applications for the GBA Individual Income Tax (IIT) subsidy for 2024, a significant move aimed at...