Blog

Foreigners working in Shanghai must be enrolled in Chinese Social Insurance System

The lifting of COVID restrictions in China opened the possibility for foreign professionals to start or resume commercial activities in...

Practical Guide to the Nutrition and Supplements Market in China

The rising health awareness and increasing disposable income among Chinese consumers are two key factors in the record growth registered...

Practical Guide to the Organic Products Market in China

The market for organic products is relatively new in China. As the fourth largest organic market in the world and the first in Asia,...

Practical Guide to the Pet Industry in China

Over the past two decades, China's pet industry has seen remarkable growth. In 2023, market revenue is projected to hit US$66.1 billion,...

Practical Guide to the Cosmetics and Personal Care Market in China

The beauty and cosmetics industry is one of the fastest-growing and most promising sectors currently in China. The Chinese personal care...

Practical guide to the smart fitness and sports industry in China

As the Chinese population becomes more affluent, they are also becoming more health conscious. Due to the COVID-19 pandemic, consumers...

Practical guide to the home décor market in China

The rapid expansion of the real estate market and the growing urbanization process in China, represent an interesting business...

Practical guide to the Alcoholic Beverage Market in China

For many years, Chinese consumers favored domestic alcoholic beverages. This habit is changing rapidly and though the most popular spirit...

Practical Guide to the Food and Beverage Market in China

Health, convenience, and innovation are currently the trends driving the food and beverage (F&B) market in China. After almost three...

Practical Guide on the Apparel and Fashion Industry in China

China’s fashion and apparel industry continues to thrive, despite complicated economic and non-economic factors. The China National...

Practical Guide to the Consumer Electronics Market in China

It is hard to imagine our daily lives without a smartphone to communicate, a computer to work or headphones to listen to our favorite...

Proper book-tax management in China can help avoid unnecessary tax losses and penalties

Foreign companies operating in China often rush to get their finances ready for tax season, making sometimes costly mistakes. Every year,...

Effective cash flow management in China can be a business lifesaver

The primary concern of businesses in China, as with so many markets around the world, is protecting themselves against the ongoing impact...

A virtual CFO in China can provide peace of mind and guide your company towards success

No matter what size company you operate in China, if it is a start up or a long-established firm, the help of a financial professional...

China’s updated draft version of the VAT law is expected to be approved in 2023

The Chinese government is evaluating an updated draft version of the value-added tax law (VAT law), which will consolidate previous tax...

China restarts the issuance of all types of visas for foreign travellers

Starting immediately and following the latest policies to reopen its borders, China will issue once again all types of visas for...

Due Diligence on Chinese Suppliers is key to develop a successful business relationship

One of the most important aspects in a business relationship is trust. In order to gain that trust, partners must know each other well....

China’s Golden Tax System Phase IV (GTS) expected to be launched this year

China’s tax authorities are in the process of executing a new advanced tax collection and payment system, which will digitalize the...

Adjustments to China import-export tariffs for 2023 simplify procedures for foreign trade operators

China is slowly recovering after a trade slowdown triggered by the COVID-19 pandemic, with exports expected to grow by double digits in...

China extends preferential individual income tax (IIT) until the end of the year

The Chinese Ministry of Finance (MOF) and State Taxation Administration (STA) announced the extension of preferential individual income...