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1.

Three-Year Action Plan for Expanding and Upgrading Information Consumption

18 Sept 2018

In conjunction with the National Development and Reform Commission, the Ministry of Industry and Information Technology has recently issued the Circular on Issuing the Three-Year Action Plan for Expan...Read More

2.

China Commits to Development of Business Innovation and Entrepreneurship Platforms

17 Sept 2018

Three Chinese ministries have jointly backed a plan to support a group of development zones focussed on upgrades to the real economy, calling for the creation of distinctive platforms for innovation a...Read More

3.

Arrangement between Mainland and Hong Kong on Automatic Exchange of Financial Account Information in Tax Matters Comes into Effect

14 Sept 2018

On 11 September, the Hong Kong SAR Government announced that the arrangement on the automatic exchange of financial account information in tax matters (AEOI) between the Chinese mainland and Hong Kong...Read More

4.

Revised Individual Income Tax Law to Come into Force in January 2019

13 Sept 2018

New mainland income tax law for residents and non-residents are to come into force as of 1 January 2019....Read More

5.

Comprehensive Regulatory Regime Introduced for Mainland Live Streaming Services

11 Sept 2018

Mainland-based online streaming services have been ordered to comply with strict new regulations as the government looks to bring the sector under more formal control....Read More

6.

China Deploys Big Data and Artificial Intelligence in Drive to Boost IP Protection

4 Sept 2018

China is to utilise internet plus technology as a means of boosting intellectual property (IP) protection. This will see Big Data, artificial intelligence and a number of other information technologie...Read More

7.

Establishment of 22 New E-Commerce Pilot Zones Formally Approved

3 Sept 2018

The State Council has urged the relevant government departments to support the innovative development of 22 additional cross-border e-commerce comprehensive pilot zones in the central, western and nor...Read More

8.

Counterfeit/Substandard Goods Targetted in New Mainland Initiative

27 Aug 2018

A series of new measures have been introduced as part of the State Administration for Market Regulation’s bid to tackle the ongoing problems associated with the production, distribution and sale of co...Read More

9.

Hong Kong, Macau and Taiwan Residents Allowed to Apply for Mainland Residence Permit

22 Aug 2018

As of 1 September, Hong Kong, Macau or Taiwan residents who have lived in mainland China for six months or more – providing they meet certain other requirements – are eligible to apply for a residence...Read More

10.

Mainland Work Permit Requirement Relaxed for Hong Kong, Macau and Taiwan Residents

20 Aug 2018

Any duly-accredited resident of Hong Kong, Macau or Taiwan no longer requires a work permit when undertaking employment on the mainland, according to a recent announcement by the State Council....Read More

11.

China’s HR Market Brought Under Regulatory Control

17 Aug 2018

For the first time, legislation has been introduced to regulate China’s human resources (HR) sector....Read More

12.

PRD Set to Have World’s Most Advanced Information Infrastructure by 2020

14 Aug 2018

By 2020, the Pearl River Delta region is set to have the world’s most advanced information infrastructure, while the whole of Guangdong will have high-speed fibre-optic internet connections and both G...Read More

13.

Mainland Tech Firms Gain Extended Loss Offset Entitlement

10 Aug 2018

With effect from 1 January 2018, any mainland business accredited as a designated high new technology enterprise (or as a small/medium-sized technology company) is to be permitted to offset any losses...Read More

14.

China Matches US Tariffs with Levy on Additional US$16 Billion of Imports

9 Aug 2018

China is to impose import surcharges of 25% on an additional 333 categories of US-origin goods as of 23 August....Read More

15.

China Imposes Retaliatory Import Tariffs on US$60 Billion Worth of US Goods

7 Aug 2018

Following the 2 August decision by the US government to raise the proposed additional tariffs on US$200 billion worth of Chinese goods from 10% to 25%, the Customs Tariff Commission of China’s State C...Read More

16.

Small Business Income Tax Threshold Raised to RMB1 Million

6 Aug 2018

The annual taxable income threshold of low-profit small and micro businesses has been raised from RMB500,000 to RMB1 million for the period January 2018 and 31 December 2020, according to a joint stat...Read More

17.

China Greenlights 22 Additional Cross-Border E-Commerce Pilot Zones

3 Aug 2018

A further 22 Cross-Border E-Commerce Pilot Zones are to be set up across the mainland by order of the State Council....Read More

18.

Registration and Update Procedures for Foreign-Invested Businesses Revised

19 July 2018

In order to streamline the record maintenance procedures relating to the registration of foreign-invested enterprises (FIEs), the Ministry of Commerce (MOFCOM) has recently issued the Decision to Amen...Read More

19.

China Confirms Tax Cuts for Technologically-Advanced Service Companies

16 July 2018

Duly-accredited Technologically-Advanced Service Companies (TASCs) will be eligible to pay corporate income tax at a reduced rate of 15% as of 1 January 2018 under a new initiative jointly launched by...Read More

20.

CEPA Zero Tariff Extended to Hong Kong Pineapples, Titanium, Vitamins and Motors

13 July 2018

Mainland imports of four further categories of Hong Kong-originated goods are to be zero-tariffed from 1 July this year onwards....Read More

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