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2025-07-25China's Economy Grows 5.3% in First Half of 2025On July 15, the National Bureau of Statistics (NBS) released the latest economic data, showing that China’s GDP grew by 5.3% year-on-year in the first half of 2025.
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2025-07-16140 trillion! China's economy is expected to reach a record high in 2025
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2025-05-23Overview of the Chinese Tea Drink Industry's Overseas Expansion, Financial and Tax AnalysisIn China, freshly-made tea drinks have always been popular among young consumers. However, due to the low barriers to entry in terms of industry and capital, the competitive landscape is highly fragmented. The market for freshly-made tea drinks is fiercel
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2025-05-15China Stabilizes the Market and Expectations: Financial Policies Take Further ActionOn May 7, 2025, the State Council Information Office held a press conference, where the heads of China's three major financial regulatory bodies introduced a package of financial policies aimed at supporting market stability and expectations. The newly in
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2024-03-22Compliance Series | Latest Policy on "Three-Generation" Handling Fee Refunds
In order to further standardize and strengthen the management of handling fees for tax withholdings, collections, and entrusted collections (hereinafter referred to as "three-generation" taxes), the State Administration of Taxation, in conjuncti
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2024-02-20Sinobravo Monthly China Policy Digest-January Edition
To support our clients and partners in navigating China's dynamic regulatory landscape, Sinobravo is pleased to offer a monthly China Policy Digest. This digest provides detailed updates on new legislation and policy changes that are crucial for foreign-i
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2024-01-12Stay Informed | New Process for Social Security Contribution Declaration and Payment
Recently, the Beijing Municipal Government issued a groundbreaking "Announcement on Optimizing and Adjusting the Process of Social Insurance Contribution Declaration and Payment" (referred to as the "Optimization Announcement"). Effect
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2024-01-03Offshore Series | Starting December 27th, Hong Kong Companies to Adopt "Unique Business Identification Code"
According to an announcement from the Hong Kong Companies Registry, starting from December 27, 2023, Hong Kong companies will utilize the Business Registration Number (BR) as the "Unique Business Identification Code" for different entities. In o
