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2026-08-20From "Formal Compliance" to "Substantive Compliance" – A Shift in Regulatory FocusAgainst a backdrop of geopolitical volatility and fiscal pressure, "substance over form" and "reasonable commercial purpose" have become core principles across tax, accounting and legal regulation. This article traces their historical
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2026-08-20Outbound Investment Series | State Council Decree No. 837 Takes Effect – A Compliance Guide for Technology Transfer in Overseas InvestmentsOn 1 July 2026, the State Council Decree No. 837 (hereinafter "Decree No. 837" or the "Regulations") on outbound investment officially took effect. Article 13 draws a clear red line: investors shall not export or use goods, technologie
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2026-08-20Outbound Investment Series | 1 August Take Effect! Thailand DBD Order No. 2/2569 Brings New Substantive Control Rules – Nominee Shareholding Loopholes for Chinese Investors Are ClosingOn 1 August 2026, Thailand's Department of Business Development (DBD) issued Order No. 2/2569, marking a fundamental shift in foreign investment regulation—from documentary compliance to substantive control and economic substance review. Previously, DBD
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2026-07-02New Policy Focus | An Analysis of the Action Plan for Consolidating, Stabilizing and Optimizing Foreign Investment UtilizationRecently, the Ministry of Commerce (MOFCOM), together with the National Development and Reform Commission (NDRC) and the Ministry of Finance, jointly issued the Action Plan for Consolidating, Stabilizing and Optimizing Foreign Investment Utilization(herei
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2026-06-11Breaking! Effective July 1 – In-depth Interpretation of the State Council's New Overseas Investment Regulations | Series III: After the New Regulations, Which Key Issues Remain Unresolved?The Regulations of the State Council on Outbound Investment(State Council Order No. 837, hereinafter "Order No. 837"), officially announced on June 1, 2026, represents a landmark piece of top-level legislation in the history of China's outbound
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2025-08-05China's Digital Identity Authentication Comes into Force, New Standard for Cross-Border Data Compliance
On July 15, 2025, the Measures for the Administration of National Network Identity Authentication Public Service (hereinafter referred to as the “Measures”) came into force.
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2025-07-25China's Economy Grows 5.3% in First Half of 2025
On 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 Analysis
In 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
