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- Economy & Trade
China to Grant Ireland Unilateral Visa-Free Treatment, Deepening Bilateral Ties
Jan 19On January 17, 2024, China announced the implementation of a unilateral visa-free policy for citizens of Ireland. The news came in the wake of Chinese Premier Li Qiang's bilateral meeting with Irish Prime Minister Leo Varadkar, and a reception hosted by Irish President Michael D. Higgins, signaling a further deepening in the diplomatic relations between the two nations.
- Industries
Navigating Hong Kong’s ESG Landscape: Regulations, Trends, and Opportunities
Dec 22Hong Kong, positioned at the crossroads of finance and sustainability, emerges as a key player in the global ESG landscape. With robust regulatory frameworks, strategic green finance initiatives, and a surge in demand for ESG expertise, Hong Kong offers a vibrant ecosystem for sustainable finance.
- Tax & Accounting
Asia Transfer Pricing Brief: Q4 2023
Jan 19In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and BEPS Action 5 as well as the MAP statistics released for 2022 and offer advisory on best practices for MNEs.
- Legal & Regulatory
Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code
Jan 17We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.
- HR & Payroll
A Guide to Minimum Wages in China (Last Updated on January 17, 2024)
Jan 17Coming into 2024, the new minimum wage standards of Henan, Jiangsu, and Zhejiang took effect from January 1. Liaoning's new minimum wage standards will come into effect on May 1.
- Technology
New Standard Contract Guidelines Streamline Cross-Border Personal Information Transfer in the GBA
Jan 12New guidelines allow companies to sign standard contracts to transfer personal information between Hong Kong and the Chinese mainland.
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About China Briefing
China Briefing has developed into a premium source for insight on doing business in China. It publishes business news concerning foreign direct investment into China, including the most important tax, legal and accounting issues. The China Briefing Magazine was first published in 2009, and is contributed to by investment professionals based in China.
- Doing Business
Other BriefingsChina to Grant Ireland Unilateral Visa-Free Treatment, Deepening Bilateral Ties
On January 17, 2024, China announced the implementation of a unilateral visa-free policy for citizens of Ireland. The news came in the wake of Chinese Premier Li Qiang's bilateral meeting with Irish Prime Minister Leo Varadkar, and a reception hosted by Irish President Michael D. Higgins, signaling a further deepening in the diplomatic relations between the two nations.
Asia Transfer Pricing Brief: Q4 2023
In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and BEPS Action 5 as well as the MAP statistics released for 2022 and offer advisory on best practices for MNEs.
China Implements Five New Measures to Ease Entry for International Travelers
Starting January 11, China's National Immigration Administration has begun implementing new measures to streamline visa applications and reduce border inspection in order to ease entry requirements for foreign travelers.
China Extends Unilateral Visa-Free Policy to Switzerland, Announces FTA Upgrade
China announced unilateral visa-free access for Swiss citizens and the initiation of an FTA upgrade, highlighting strengthened diplomatic ties and economic collaboration between the two nations amid geopolitical complexities.
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China to Grant Ireland Unilateral Visa-Free Treatment, Deepening Bilateral Ties
Economy & Trade Jan 19 -
Asia Transfer Pricing Brief: Q4 2023
Tax & Accounting Jan 19 -
GDP Expands 5.2% in 2023 - Analyzing China's Key Economic Indicators
Economy & Trade Jan 18 -
Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code
Legal & Regulatory Jan 18 -
China‘s GDP Expanded by 5.2% in 2023: NBS
Economy & Trade Jan 18
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Economy & Trade
China to Grant Ireland Unilateral Visa-Free Treatment, Deepening Bilateral Ties
Jan 19On January 17, 2024, China announced the implementation of a unilateral visa-free policy for citizens of Ireland. The news came in the wake of Chinese Premier Li Qiang's bilateral meeting with Irish Prime Minister Leo Varadkar, and a reception hosted by Irish President Michael D. Higgins, signaling a further deepening in the diplomatic relations between the two nations.
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GDP Expands 5.2% in 2023 - Analyzing China's Key Economic Indicators
Economy & Trade Jan 18China's GDP in 2023 beat targets thanks to strong performance in industrial and service sectors. We look at China's 2023 economic indicators and discuss the country's economic trajectory.
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China‘s GDP Expanded by 5.2% in 2023: NBS
Economy & Trade Jan 17China's gross domestic product expanded by 5.2 percent in 2023 while the population decreased 2.08 million as compared to last year.
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China Extends Unilateral Visa-Free Policy to Switzerland, Announces FTA Upgrade
Economy & Trade Jan 16China announced unilateral visa-free access for Swiss citizens and the initiation of an FTA upgrade, highlighting strengthened diplomatic ties and economic collaboration between the two nations amid geopolitical complexities.
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US-China Relations in the Biden Era: A Timeline
Economy & Trade Jan 11Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ... -
Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ... -
Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ...
Tax & Accounting
Asia Transfer Pricing Brief: Q4 2023
Jan 19In our Asia Transfer Pricing Brief for Q4 2023, we discuss annual peer reviews of BEPS Action 13 and BEPS Action 5 as well as the MAP statistics released for 2022 and offer advisory on best practices for MNEs.
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Annual Filing of Stamp Tax on Business Account Books before January 15: FAQs
Tax & Accounting Jan 10China taxpayers must complete stamp tax declaration and payment by January 15 if there has been an increase in tax items, such as "paid-in capital" and "capital reserve," in the 2023 business account books.
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China Monthly Tax Brief: December 2023
Tax & Accounting Jan 05In this monthly China tax brief, we highlight December 2023 tax and foreign exchange policies for supporting businesses, attracting talents, and facilitating cross-border investment and transactions.
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China Tax Filing and Payment Deadlines for 2024
Tax & Accounting Jan 03Businesses operating in China are suggested to pay attention to the tax filing and payment deadlines for 2024 to avoid late payment penalties and tax credit downgrading.
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Greater Bay Area Preferential IIT Subsidy for Foreign Talent in 2023/24
Tax & Accounting Dec 28Zhuhai's application deadline is January 5, 2024. Zhaoqing will close applications on January 20, 2024. Guangzhou's application will end on February 29, 2024. Jiangmen and Zhongshan's applications are yet to start.
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A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage... -
A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage... -
A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Legal & Regulatory
Navigating Contract Management in China: Key Insights from the Judicial Interpretation on Contract in the Civil Code
Jan 17We discuss the Judicial Interpretation of the Contract Part, and explain key considerations for enterprises in China in the realm of contract management practices.
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The New Hong Kong-Mainland Reciprocal Enforcement of Judgments Regime: An Overview
Legal & Regulatory Jan 16We discuss the new Hong Kong-Mainland Recognition and Enforcement of Judgments (REJ) regime and assess its potential ramifications on businesses.
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China Amends Criminal Law to Strengthen Anti-Bribery Regulation for Private Companies
Legal & Regulatory Jan 15China has amended its Criminal Law to toughen provisions on bribery in the private sector.
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New Standard Contract Guidelines Streamline Cross-Border Personal Information Transfer in the GBA
Legal & Regulatory Jan 12New guidelines allow companies to sign standard contracts to transfer personal information between Hong Kong and the Chinese mainland.
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Registered Capital in China: A Comprehensive Guide for Foreign Businesses [2024 Update]
Legal & Regulatory Jan 11Determining registered capital in China is an essential process for corporate establishment. Here's what foreign companies need to know.
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PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of... -
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of... -
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of...
Industries
Navigating Hong Kong’s ESG Landscape: Regulations, Trends, and Opportunities
Dec 22Hong Kong, positioned at the crossroads of finance and sustainability, emerges as a key player in the global ESG landscape. With robust regulatory frameworks, strategic green finance initiatives, and a surge in demand for ESG expertise, Hong Kong offers a vibrant ecosystem for sustainable finance.
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China’s Medical Beauty Industry: Challenges, Trends, and Opportunities
Industries Dec 06China's medical beauty market has emerged as a standout sector amid global economic challenges, exhibiting remarkable growth and resilience. Fueled by capital influx and a well-defined industrial chain, the industry has become a focal point for consumption growth within the broader beauty and healthcare sectors, offering an array of opportunities for foreign businesses and investors.
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Understanding China’s New-Type Industrialization: An Explainer
Industries Nov 29We discuss why China's new-type industrialization thrust is an opportune time for foreign businesses and investors looking to expand their presence in the Chinese market.
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China's Outdoor Sports Industry: Growth Potential, Trends, and Opportunities
Industries Nov 24We break down the factors driving growth in China's outdoor sports industry, including local preferences and demographic-linked habits. Foreign brands face growing competition from China firms but can customers at the premium and entry-level segments.
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China's Machine Tool Industry: Market Trends and Opportunities
Industries Oct 17China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
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Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers... -
Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers... -
Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers...
HR & Payroll
A Guide to Minimum Wages in China (Last Updated on January 17, 2024)
Jan 17Coming into 2024, the new minimum wage standards of Henan, Jiangsu, and Zhejiang took effect from January 1. Liaoning's new minimum wage standards will come into effect on May 1.
-
China Implements Five New Measures to Ease Entry for International Travelers
HR & Payroll Jan 11Starting January 11, China's National Immigration Administration has begun implementing new measures to streamline visa applications and reduce border inspection in order to ease entry requirements for foreign travelers.
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China's Visa-Free Policies: Latest Updates
HR & Payroll Jan 08With borders open again, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
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China and Thailand to Waive Visa Requirements Permanently from March
HR & Payroll Jan 02China and Thailand have agreed to a permanent visa-free policy starting March 2024, fostering diplomatic relations and stimulating economic activity in their respective tourism sectors.
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Greater Bay Area Preferential IIT Subsidy for Foreign Talent in 2023/24
HR & Payroll Dec 28Zhuhai's application deadline is January 5, 2024. Zhaoqing will close applications on January 20, 2024. Guangzhou's application will end on February 29, 2024. Jiangmen and Zhongshan's applications are yet to start.
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Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Technology
New Standard Contract Guidelines Streamline Cross-Border Personal Information Transfer in the GBA
Jan 12New guidelines allow companies to sign standard contracts to transfer personal information between Hong Kong and the Chinese mainland.
-
US-China Relations in the Biden Era: A Timeline
Technology Jan 11Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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How to Ensure Successful ERP Implementation in China?
Technology Jan 08Successful ERP implementation hinges on cultivating precise expectations, a profound grasp of business essentials, and a meticulous plan, while enlisting a capable implementer and employing shrewd end-user strategies to unleash the system's transformative power.
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PIPL 2023/24: Cross-Border Data Transfer in China Handbook - New Publication Out Now
Technology Jan 03This handbook helps explain the key facets of China’s CBDT regime from a business perspective, highlights recent trends and expected developments, and offers practical steps for businesses to consider when planning their compliance approach.
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China Moves to Facilitate Cross-Border Data Flows, Hints at Regulatory Easing in 2024
Technology Dec 20Comments made by EU Commission President suggest China will seek to facilitate cross-border data flows in 2024 by providing more regulatory clarity.
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PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
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Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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