Starting from December 1, 2024, China will implement a pilot water tax nationwide, replacing the current water fee charging mechanism. The cost burden of water usage for residents and general industrial and commercial activities will remain unchanged.
China's tax authority reminds taxpayers that they can apply for the super deduction of R&D expenses for the first three quarters of 2024 during the October filing period.
China has announced a significant push towards large-scale Vehicle-to-Grid (V2G) pilot projects. This article examines the opportunities these developments present for investors while addressing the key challenges in this evolving market.
A recent white paper reflects that Swedish companies are navigating the complexities of the Chinese market by adopting "China-for-China" strategies while also exploring opportunities in other Asia-Pacific countries.
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Sign Up NowThe bilateral investment relationship between China and Türkiye is characterized by promising opportunities in various sectors, including automotive, renewable energy, and infrastructure.
China's GDP grew by 4.8 percent in the first three quarters of 2024, according to the NBS data. By quarter, the GDP grew by 5.3%, 4.7%, and 4.6% from Q1 to Q3, respectively.
China’s outbound investment (ODI) is surging from already-record levels. In 2023, China's ODI rose by 8.7 percent to reach US$177.3 billion, making it the third-largest source of ODI globally.
China and India reached a record bilateral trade of US$136.2 billion in 2023, with a 6% increase in Indian exports to China. Both nations remain committed to deepening economic ties through mutual investment and cooperation.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
Starting from December 1, 2024, China will implement a pilot water tax nationwide, replacing the current water fee charging mechanism. The cost burden of water usage for residents and general industrial and commercial activities will remain unchanged.
China's tax authority reminds taxpayers that they can apply for the super deduction of R&D expenses for the first three quarters of 2024 during the October filing period.
In this monthly China tax brief for September 2024, we spotlight policies and measures just announced or scheduled for implementation.
China's accounting is transforming with digitalization of the e-fapiao and the new Accounting Law, improving efficiency and compliance. Enterprises must adopt digital tools for accurate financial management and regulatory adherence.
New types of fraud targeting corporate finance personnel are diverse and continuously evolving with technological advancements. We explain the common fraud methods and strategies to prevent unnecessary losses.
China's Supreme People's Court (SPC) has issued a judicial interpretation, which clarifies the tort liability compensation in labor relations and dispatches, among others.
Hong Kong's strategic location, robust financial infrastructure, favorable tax regime, and high quality of life make it an ideal destination for establishing family offices.
All long-term commercial contracts that represent significant and fixed costs for a business are suitable for renegotiation, which can lead to significant savings and greater resilience.
On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.
Optimizing labor costs sustainably in China involves adopting flexible employment practices, adapting to economic challenges, and implementing effective compensation structures.
China has announced a significant push towards large-scale Vehicle-to-Grid (V2G) pilot projects. This article examines the opportunities these developments present for investors while addressing the key challenges in this evolving market.
China's F&B market offers significant growth opportunities, attracting foreign companies despite intense competition. Success depends on adapting to evolving consumer trends and driving innovation.
In this article, we explore the distinct opportunities and strategic advantages offered by China's key AI hubs, highlighting their roles in shaping the future of China’s AI industry landscape.
Using a separate domain name for your China business can help enhance accessibility, ensure compliance with local laws, and provide a better user experience for customers.
China’s industrial power rates depend upon the category of industry, type of electricity usage, region where it is located, time of use, as well as charging method that the company chooses to go along with.
Foreign travelers have several options for transit visa exemptions when traveling through China between two different countries, including 24, 72, or 144 hour transit visa exemptions.
Jilin and Yunnan's new minimum wage standards will take effect October 1, 2024, both of which surpass the RMB 2,000 (US$275) mark.
China's Supreme People's Court (SPC) has issued a judicial interpretation, which clarifies the tort liability compensation in labor relations and dispatches, among others.
Amid Zhejiang’s recent extension of marriage leave from 3 days to 13 days, we provide a comprehensive table of marriage leave policies across China’s major provinces.
The 2024 China National Day holiday is just around the corner. This article outlines the official holiday and work adjustment schedule released by the Chinese government, as well as the guidelines for salary payments and overtime pay during this period.
Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.
China's efforts to achieve innovation-led economic growth presents a host of new investment opportunities in the country's emerging and high-tech industries.
The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.
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.
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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