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Blog
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October 2024 Economic Overview: Retail Growth, Industrial Slowdown, and Export Surge in China
The National Bureau of Statistics (NBS) in China has published trade and economic data for October 2024, revealing a mixed economic...
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New Measures Expand Foreign Access to China's A-Share Market
China's ongoing economic reforms have introduced significant changes to the Administrative Measures for Strategic Investment in Listed...
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China's Super Deduction for R&D Expenses
In October 2024, China's State Taxation Administration (STA) reminded enterprises of the opportunity to apply for the super deduction of...
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China's 2024 Economic Stimulus Package
In September 2024, China introduced a comprehensive economic stimulus package to address slowing growth, a declining property market, and...
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China's Nationwide Water Resource Tax Pilot
On October 15, 2024, China's Ministry of Finance, State Taxation Administration, and Ministry of Water Resources jointly issued the...
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China International Import Expo (CIIE) 2024
The China International Import Expo (CIIE) 2024, set to take place from November 5 to 10 in Shanghai, is a key event for businesses...
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China’s New Export Control Regulations
Starting December 1, 2024, China will introduce new export control regulations targeting dual-use items—goods and technologies that can...
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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...
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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....
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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....
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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....
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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...
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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...
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Key Rules for Online Advertising in China
The following main rules govern online advertising in China: Legislation: Advertising Law 2021 (amended). Administrative Regulations:...
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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,...
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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...
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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...
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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...
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Acquisition Strategy Faces Global Scrutiny
Company A’s recent acquisition plans have drawn significant attention from regulatory authorities worldwide, as officials scrutinise the...
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Navigating Supply Chain Risks with Chinese Manufacturers
Supply chains with Chinese manufacturers can pose unique challenges, including withheld goods, surprise fees, unresolved disputes, and...
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