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2025-04-24New Measures Unveiled to Further Open China’s Telecommunications SectorApril 21, 2025 – The State Council Information Office held a press conference, where officials from relevant ministries and commissions introduced the Work Plan for Accelerating the Comprehensive Pilot Program to Expand the Opening-Up of the Service Secto
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2025-04-10The Impact of Trump’s Reciprocal Tariff Policy on China’s Two-way Cross-border InvestmentOn April 2, 2025, U.S. President Donald Trump announced the imposition of “reciprocal tariffs” on almost all major trading partners, triggering a severe shock to global markets. This policy sets a 10% uniform import tariff benchmark and imposes higher tar
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2025-04-02Announcement on Matters Concerning the "Chinese Tax Resident Certificate"With the accelerating pace of Chinese taxpayers "going global," investment destinations have expanded, and participation in overseas economic activities has deepened. Consequently, the need for the Chinese Tax Resident Certificate (hereinafter r
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2024-10-16Landmark Policy Unveiled to Safeguard Internet Data Security
On September 30, 2024, the "Regulations on Internet Data Security Management" (hereinafter referred to as the "Regulations") were officially released. The Regulations aim to balance development with security by not only strengthening t
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2024-07-08Compliance Series | China New Company Law Takes Effect!
On December 29, 2023, the Standing Committee of the 14th National People's Congress passed the revised "Company Law of the People's Republic of China" (hereinafter referred to as the new "Company Law") during its seventh session. Upon
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2024-06-18FDI Series | Attention Multinational Companies in Shanghai: These Development Funds are Available for Application
Shanghai has long encouraged the development of headquarters economies. In February 2024, the Shanghai Municipal Commission of Commerce and the Shanghai Municipal Finance Bureau issued a revised version of the "Management Measures for the Development
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2024-05-27Policy Dispatch | China Further Opens Its Doors to the Global Market
In 2024, the Chinese government has prioritized "expanding high-level opening up" as one of its key objectives in the Government Work Report. Following the introduction of new regulations for cross-border data flows in March and the plan to open
