Updates to China’s corporate income tax regulations (CIT), which come into effect on January 1, 2013, will change the way that all companies with branch offices in China—domestic and foreign— file CIT.
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Companies should experience easier foreign exchange procedures in regards to their investment as a result of streamlined procedures introduced in a new circular that the State Administration of Foreign Exchange (SAFE) published on November 21.
Recently released regulations meant to protect the rights of inventors in China have raised company concerns about their ability to invest in research and development (R&D) projects in China.
At the conclusion of the 18th Chinese Communist Party (CCP) Congress on November 15, the CCP’s new leadership line-up was announced, including the 25-member Politburo and the now seven-member Politburo Standing Committee, China
Among the top concerns for US-China Business Council (USCBC) member companies are the increasing costs of doing business in China, according to USCBC’s annual member company survey.
The US-China Business Council’s (USCBC) Vice President Erin Ennis traveled to China during the week of October 29 to meet with PRC government officials and think tanks. Ennis also spoke at USCBC’s China Operations Conference in Shanghai.
Recent official announcements and domestic media coverage suggest that the PRC central government may be moving towards broad wealth distribution reforms that could impact state-owned enterprises (SOEs) and present new opportunities and challenges for companies operating in China. Premier Wen Jiabao announced at a press conference on
Foreign companies will need to further their localization efforts if they want to take advantage of incentives given to promote the development of the strategic emerging industries (SEIs), according to National Development and Reform Commission (NDRC) Deputy Director General Ren Zhiwu and senior officials from the Shanghai Economic and Information Technology Commission (SEITC) who recently spok
The Chinese Communist Party’s (CCP) 18th National Congress concluded today in Beijing, leaving meaningful details on the future direction of economic and political reforms to the next group of leaders to hash out. However, a first significant personnel move was signaled by Vice Premier Wang Qishan’s appointment to the
Chinese policymakers recently released new energy policy documents that provide a road map of the country’s energy development plans over the next 10-year term under the new leadership—who are scheduled to be announced November 15.
