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1.

China Spells Out Future Roles for the Guangdong, Tianjin and Fujian Free Trade Zones

15 June 2018

Greater autonomy has been promised to three of the country’s Pilot Free Trade Zones – Guangdong, Tianjin and Fujian....Read More

2.

China Cuts Import Tariffs on Designated Motor Vehicles and Automotive Parts

14 June 2018

Import duty is to be cut from 25% to 15% for all motor vehicles in one of 135 tariff code groups. Similarly, in the case of motor vehicles covered by one of four additional tariff groups and currently...Read More

3.

China Looks to Internet+ Model to Transform Healthcare Services

12 June 2018

In a bid to bring the management of the country’s medical and healthcare sector into the digital age, the State Council recently issued its Opinions on Promoting the Development of Internet Plus Healt...Read More

4.

China Cuts VAT on Cancer Medication

11 June 2018

In a bid to nurture the development of the cancer treatment industry and to reduce the financial burden on patients requiring anti-cancer medication, new regulations relating to the application of VAT...Read More

5.

Foreign Investors Approved to Hold Controlling Stakes in JV Securities Firms

4 June 2018

In a bid to reassure foreign investors that they are now entitled to hold controlling shares instead of minority shares in securities firms on the mainland, the Rules for the Establishment of Securiti...Read More

6.

China Boosts Integrated Circuit Manufacturers with Raft of Tax Incentives

29 May 2018

China’s integrated circuit (IC) manufacturing sector is set to benefit from a range of corporate income tax (CIT) incentives....Read More

7.

China Clamps Down on Use of Hazardous Substances in Electrical Products

25 May 2018

The Ministry of Industry and Information Technology (MIIT) has initiated a crackdown on the use of certain hazardous substances in electrical and electronic products....Read More

8.

China Zero Rates Import Tax on Commonly-Used Medicines

21 May 2018

As of 1 May this year, import duties are no longer payable on a wide range of commonly-used medicines. Among the treatments that are now officially zero-rated are cancer drugs, cancer alkaloid-based d...Read More

9.

Hong Kong and Macau Research Bodies Urged to Bid for Central Government Funding

19 May 2018

Hong Kong and Macau-based research establishments, as well as universities / colleges, have been urged to fully take advantage of the funding opportunities offered by the central government’s Science ...Read More

10.

Toys Imports to China Freed from Inspection and Quarantine Label Requirement

30 April 2018

Imported toys no longer need to carry China Inspection and Quarantine (CIQ) labels....Read More

11.

China Waives Income Tax for Overseas Oil Futures Investors

20 April 2018

The Ministry of Finance has recently introduced a number of tax incentives for overseas investors interested in China’s futures markets for crude oil and other commodities....Read More

12.

Heightened Oversight Mandated for Shenzhen Pharmaceutical Suppliers

18 April 2018

Pharmaceutical suppliers active in and around Shenzhen are facing heightened supervision to ensure compliance with the Good Supply Practices for Pharmaceutical Products (GSP)....Read More

13.

China Outlines Statutory Requirements for Foreign-Invested Payment-Processing Businesses

17 April 2018

Prior to the official opening up of the mainland payment services market to foreign investors, the People’s Bank of China (PBOC) has outlined the mandatory access standards and regulatory requirements...Read More

14.

Hong Kong and Macau Workers Granted Semi-Local Status in Qianhai

16 April 2018

Any Hong Kong or Macau resident looking to work in the Qianhai special economic zone will no longer need to secure an Employment Permit....Read More

15.

Updated Registration Requirements for Overseas Infant Formula Milk Manufacturers

13 April 2018

New requirements related to all overseas manufacturers of imported infant formula milk products have been issued by the Certification and Accreditation Administration of China (CNCA)....Read More

16.

Pre-Approval Waived for First Import of Non-Special-Use Cosmetics via any Mainland FTZ

12 April 2018

Non-special use cosmetics will no longer require official pre-approval when they are first imported to China if they transit through any of the country’s 11 Pilot Free Trade Zones (FTZs)....Read More

17.

Statutory Import Inspection Introduced for Toothbrushes, Children’s Shoes and Wooden Products

10 April 2018

Certain imported items are now subject to statutory entry inspection and quarantine procedures. According to an announcement from the General Administration of Quality Supervision, Inspection and Quar...Read More

18.

China Makes New-Energy Vehicle Manufacturers Liable for Battery Disposal

27 March 2018

The manufacturers of new-energy vehicles are to be held responsible for the recovery and recycling of the battery packs used to power such cars. As of 1 August this year, it will be incumbent on all s...Read More

19.

Guangdong Opens Medical Services Sector to Overseas Investors and Operators

20 March 2018

Guangdong has recently issued its implementation plan for the development of a diversified, multi-tier medical service by 2020. Among the priorities identified in the plan is the development of a gene...Read More

20.

Three New Eco-Friendly Express Packaging Standards Set for September Launch

19 March 2018

Three new standards for express service packaging have been introduced by the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) and the Standardisation Administration of...Read More

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