New Laws That May Affect Your China Business from January 1, 2024
As of January 1, 2024, a series of new laws and regulations affecting business practices in China will come into effect. It is of utmost importance for foreign investors engaged in various sectors to closely monitor and adapt to these significant changes.
China Issues Special Measures to Ease Market Access in the Hengqin Cooperation Zone
Recently unveiled guidelines for the Guangdong-Macao Cooperation Zone in Hengqin focus on enhancing financial services, promoting tourism, driving innovation, and expanding healthcare access. Noteworthy initiatives include market access relaxation measures like establishing Sino-foreign cooperative art colleges, wholly owned medical institutions from Hong Kong and Macao, and facilitating medical beauty services. These measures also underscore a strategic commitment to economic dynamism within the Greater Bay Area.
China’s Three-Years Action Plan to Boost the Business Environment in the Greater Bay Area
China unveiled a new Three-Year Action Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, aiming to boost financial sector openness and market access in key zones like Hengqin and Nansha.
China’s Revised Measures for the Administration and Registration of Formula Foods for Special Medical Purposes
China has unveiled a set of revised measures governing the administration and registration of formula foods for special medical purposes, effective January 1, 2024. These changes mark significant updates to the registration mechanism, responsibility system, and penalties in place.
Key Points in the Application of Chinese Labor Laws to Foreign Employees
Foreign employee management has become one of the top concerns for many companies. In this article, we introduce the “special features” that apply to foreign employees in labor relations management.
An Introduction to Doing Business in China 2024 – New Publication Out Now
Doing Business in China 2024 is designed to guide new and established investors in China with updated policy changes. In this Guide, we specially focused on China’s changing business landscape and the implications for foreign investors.
Navigating Hong Kong’s ESG Landscape: Regulations, Trends, and Opportunities
Hong 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.
China Moves to Facilitate Cross-Border Data Flows, Hints at Regulatory Easing in 2024
Comments made by EU Commission President suggest China will seek to facilitate cross-border data flows in 2024 by providing more regulatory clarity.