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China Customs Reappraises Solid Waste Pre-Shipment Inspection Agencies

21 June 2018

The General Administration of Customs (GAC) is to have a watching brief over all pre-shipment inspection agencies active in the imported solid waste sector, while also being responsible for overseeing...Read More


China Business Registration Time to be Cut From 20 Days to 8.5 by Mid-2019

19 June 2018

The processing time for the registration of a new mainland business is to be cut from 20 working days to just 8.5 on average by the end of Q2 2019....Read More


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


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


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


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


China Cuts Import Tariffs and Bolsters Access and Support for Overseas Investors

8 June 2018

Overseas investors are to get improved market access, while their legitimate interests are to be better protected, according to a number of decrees issued by the State Council in the wake of its 30 Ma...Read More


China Customs Updates Enterprise Credit Management System

7 June 2018

New credit management procedures have been introduced by China’s General Administration of Customs (GAC)....Read More


Guangzhou Looks to Upgrade Local Cross-Border E-Commerce Resources

5 June 2018

Guangzhou has adopted a number of measures intended to bolster the transformation and upgrading of its traditional foreign trade....Read More


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


China Streamlines Export Tax Refund Procedures

1 June 2018

Export tax refund (exemption) declaration procedures have been streamlined as of 1 May this year....Read More


Planned Hainan Free Trade Zone and Free Trade Port Gain Official Assent

31 May 2018

Plans to push ahead with the construction of the China (Hainan) Pilot Free Trade Zone and an accompanying free trade port have now been granted official approval....Read More


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


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


China’s Animation Industry to Enjoy Preferential VAT Terms

23 May 2018

China’s animation sector is set to benefit from a series of extended preferential VAT entitlements, according to a recent statement jointly issued by the Ministry of Finance and the State Administrati...Read More

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