Blog

China's Economic Growth in 2024: In-depth Analysis of Key Indicators and Trends

China’s economy recorded a year-on-year GDP growth of 4.8% in the first three quarters of 2024, reaching RMB 94.97 trillion...

Case Study: Streamlining Asian Expansion - Woodburn's EOR Services for a British Client in Hong Kong

Introduction: In the wake of globalization, companies are increasingly seeking to expand their operations across international borders....

Case Study: Navigating Uncertainty - Assessing the Chinese Market Viability with Woodburn's Employer of Record Services

The Challenge: The client, a dynamic SME, found itself at a crossroads regarding its expansion strategy into the Chinese market....

Case Study: Breaking Barriers - Overcoming Delays and Compliance Concerns in China

Overview: A medium-sized company in Germany sought to establish a presence in China to capitalize on emerging market opportunities....

Amendments to Hong Kong's Employment Legislation and the Impact on Payroll Management

In October 2024, Hong Kong’s Chief Executive introduced a landmark reform to the city’s employment legislation, significantly altering...

The Role of a Finance Manager in China

Operating in China’s dynamic and complex financial environment requires the expertise of a skilled finance manager. A finance manager is...

Key Rules for Online Advertising in China

The following main rules govern online advertising in China: Legislation: Advertising Law 2021 (amended). Administrative Regulations:...

China’s Revised Anti-Unfair Competition Law: Key Updates for Businesses

China has introduced significant amendments to its Anti-Unfair Competition Law (AUCL) to better address emerging business practices,...

China’s New Measures on Cross-Border Data Transfers

China has introduced new regulations governing cross-border data transfers, setting stricter guidelines for businesses that handle and...

China’s New Guidelines on Artificial Intelligence Regulation

China has recently issued new guidelines to strengthen the regulatory framework surrounding artificial intelligence (AI) development and...

China's Cybersecurity and Data Protection Laws

China has recently introduced updates to its cybersecurity and data protection laws, expanding obligations for both domestic and foreign...

Acquisition Strategy Faces Global Scrutiny

Company A’s recent acquisition plans have drawn significant attention from regulatory authorities worldwide, as officials scrutinise the...

Navigating Supply Chain Risks with Chinese Manufacturers

Supply chains with Chinese manufacturers can pose unique challenges, including withheld goods, surprise fees, unresolved disputes, and...

China's "Zero Import Tax" Policy on Drugs and Medical Devices in Hainan Free Trade Port (HFTP)

China has introduced a new policy allowing eligible medical and research institutions in the Hainan Free Trade Port (HFTP) to import...

Stamp Duty Policy for Corporate Restructuring and Institutional Reform in China

Effective from October 1, 2024, until December 31, 2027, the new guidelines in China clarify the stamp duty treatments applicable to...

Simplified Procedures for Cross-Region Business Relocation in China’s Unified National Market

Effective from September 1, 2024, China has introduced key measures to streamline the cross-region relocation process for businesses. The...

What Businesses Need to Know about China’s Environmental Protection Measures

China has recently implemented updated environmental protection measures aimed at reducing pollution, promoting sustainable practices,...

Revised Regulations on Foreign Investment in China

China has introduced updates to its foreign investment regulations, aimed at creating a more transparent and favourable environment for...

China’s New Data Privacy Standard

China has introduced a new national standard for data privacy, which sets more detailed requirements for the handling and protection of...

China Strengthens Trademark Law Enforcement: Key Updates for Brand Protection

China has recently enhanced its enforcement measures under the Trademark Law, introducing stricter regulations and penalties to bolster...