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Blog
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China Introduces Basic Standards for Corporate Sustainability (ESG) Disclosure
In December 2024, China's Ministry of Finance (MOF), in collaboration with nine other departments, released the "Corporate Sustainability...
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Guide to Closing a Company in China: General vs Simplified Deregistration
Closing a company in China requires careful navigation of the country’s regulatory framework. Businesses can choose between two main...
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Expanded Access for Wholly Foreign-Owned Hospitals in China
On November 29, 2024, the National Health Commission (NHC), along with three other government departments, announced a detailed work plan...
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Integration of China’s Foreigner’s Work Permit with Social Security Card
Starting December 1, 2024, China’s Foreigner’s Work Permit will be integrated into the country’s social security card. This change...
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Annual Confirmation for IIT Special Additional Deductions 2025 Deadline Approaching
From December 1, 2024, the annual confirmation process for individual income tax (IIT) special additional deductions begins. Individuals,...
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A Guide for U.S. Companies Setting Up in China
Expanding into China presents an enormous opportunity for U.S. companies due to the country’s vast consumer market, strong manufacturing...
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China Expands Visa-Free Transit to 10-Day Stay with Additional 21 Ports
The National Immigration Administration (NIA)Â of China has introduced significant changes to its visa-free transit policy, effective...
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Strategies for International Buyers Sourcing from China
China remains a vital global manufacturing hub, supplying a wide array of goods to international buyers. Despite its rapid economic...
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Proposed Amendments to China’s Imported Pet Food Regulations
On November 15, 2024, China’s General Administration of Customs (GAC) released a draft of the amended Measures for the Supervision and...
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Foreign Investment Regulation and Promotion in China
China has introduced a comprehensive strategy to enhance its attractiveness as a destination for foreign investment. The Foreign...
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Changes to Public Holidays in China Starting 2025
On November 10, 2024, the PRC State Council announced amendments to the Measures for National Public Holidays and Memorial Days, set to...
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The EdTech Market in China
In 2023, China’s EdTech market reached approximately US$57.3 billion, marking a robust 14.17% year-over-year growth. The sector has...
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New Program Removes Foreign Ownership Limits in China’s Telecom Industry
China has launched a pilot program to eliminate the 50 percent foreign ownership cap on data centers and other value-added telecom...
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Electronic Contracts in China
In China, legal contracts can be concluded electronically. The Civil Code recognises that contracts can be formed in writing, orally, or...
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China Manufacturing Tracker 2024-25
The manufacturing industry remains a vital pillar of China’s economy and a cornerstone of the global supply chain. In 2023, the sector...
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Software Licensing in China: Is Government Registration Necessary?
Licensing software in China comes with unique challenges, particularly in determining whether your licensing agreement needs registration...
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Foreign Company Registration in China: A Comprehensive Guide
China's robust economy, vast market, and strategic global positioning make it a prime destination for foreign companies seeking...
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China’s FDI Trends in 2024
Foreign direct investment (FDI) in China has experienced significant fluctuations in recent years. In 2023, FDI inflows declined by 13.7%...
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Reducing Risk: How to Protect Your Business in China
In today's globalized economy, China stands out as one of the world’s most lucrative markets, with its vast consumer base and rapid...
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Time to get organized for the Annual Compliance Requirements in China
Foreign Invested Enterprises (FIEs) and Representative Offices (ROs) in China must adhere to stringent annual compliance procedures,...
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