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1.

Hainan Set for Free Trade Zone and Free Port Status

23 April 2018

Hainan is to be transformed into both a Pilot Free Trade Zone and a Free Trade Port, with the province set to expand its tourism remit, while also opening-up to the wider world on a more general basis...Read More

2.

China Waives Income Tax for Overseas Oil Futures Investors

20 April 2018

The Ministry of Finance has recently introduced a number of tax incentives for overseas investors interested in China’s futures markets for crude oil and other commodities....Read More

3.

Heightened Oversight Mandated for Shenzhen Pharmaceutical Suppliers

18 April 2018

Pharmaceutical suppliers active in and around Shenzhen are facing heightened supervision to ensure compliance with the Good Supply Practices for Pharmaceutical Products (GSP)....Read More

4.

China Outlines Statutory Requirements for Foreign-Invested Payment-Processing Businesses

17 April 2018

Prior to the official opening up of the mainland payment services market to foreign investors, the People’s Bank of China (PBOC) has outlined the mandatory access standards and regulatory requirements...Read More

5.

Hong Kong and Macau Workers Granted Semi-Local Status in Qianhai

16 April 2018

Any Hong Kong or Macau resident looking to work in the Qianhai special economic zone will no longer need to secure an Employment Permit....Read More

6.

Two-Stage Revision Implemented for CCC Mark Issuance

16 April 2018

The issuance procedures relating to the CCC (China Compulsory Certification) mark are to be subject to two-stage revision process, according to a new directive from the Certification and Accreditation...Read More

7.

China VAT Rates to be Cut as of 1 May

13 April 2018

As of 1 May, a number of substantial changes are to be introduced to the mainland VAT regime....Read More

8.

Updated Registration Requirements for Overseas Infant Formula Milk Manufacturers

13 April 2018

New requirements related to all overseas manufacturers of imported infant formula milk products have been issued by the Certification and Accreditation Administration of China (CNCA)....Read More

9.

Pre-Approval Waived for First Import of Non-Special-Use Cosmetics via any Mainland FTZ

12 April 2018

Non-special use cosmetics will no longer require official pre-approval when they are first imported to China if they transit through any of the country’s 11 Pilot Free Trade Zones (FTZs)....Read More

10.

Statutory Import Inspection Introduced for Toothbrushes, Children’s Shoes and Wooden Products

10 April 2018

Certain imported items are now subject to statutory entry inspection and quarantine procedures. According to an announcement from the General Administration of Quality Supervision, Inspection and Quar...Read More

11.

Unified Social Credit Code Use Requires Mandatory Business Licence and Certification Updates

9 April 2018

Businesses and a number of non-commercial enterprises will be obliged to secure new licenses and certification bearing the appropriate unified social credit codes in line with a new directive from The...Read More

12.

China Matches US Move to Impose 25% Import Tariffs

9 April 2018

In response to the 25% import tariff imposed by the US on some US$50 billion worth of mainland-originated products, China has retaliated by imposing a matching tariff on an equivalent level of its US ...Read More

13.

China Specifies New Pollutant Discharge Volume Determination Systems

6 April 2018

Two new sets of guidelines relating to the determination of pollutant discharge volumes have been issued by the Ministry of Environmental Protection (MEP)....Read More

14.

China Imposes Retaliatory Tariff Hikes on 128 US Import Categories

6 April 2018

In a move to mitigate the economic loss expected as a consequence of the higher US import tariffs imposed on Chinese iron, steel and aluminium products, the Customs Tariff Commission of the Chinese St...Read More

15.

China Introduces Changes to Internet Domain Name System Hierarchy

3 April 2018

As of 2 March this year, the Ministry of Industry and Information Industry (MIIT) introduced a number of changes to the Chinese internet domain name system (DNS) hierarchy....Read More

16.

New Incentive Measures Proposed for Shanghai FTZ and Pudong New Area

29 March 2018

Some 20 new incentive measures are on offer for businesses looking to operate from within the Shanghai Pilot Free Trade Zone or the Pudong New Area. The prospective new arrangements are detailed in 20...Read More

17.

China Makes New-Energy Vehicle Manufacturers Liable for Battery Disposal

27 March 2018

The manufacturers of new-energy vehicles are to be held responsible for the recovery and recycling of the battery packs used to power such cars. As of 1 August this year, it will be incumbent on all s...Read More

18.

Unlawful or Misleading Online Advertising Content Targetted in New Crackdown

26 March 2018

Online advertising deemed to be unlawful or misleading is the focus of a new government crackdown, with the State Administration for Industry and Commerce (SAIC) pledging enhanced consumer protection ...Read More

19.

One-Window Registration and Administration Launched for Overseas-Invested Businesses

23 March 2018

The record-filing and business registration procedures relating to foreign-invested enterprises (FIEs) are to be streamlined as of 30 June this year, with all the statutory requirements processible vi...Read More

20.

Chinese Premier Outlines Less Burdensome Corporate Tax Regime

22 March 2018

Streamlining administrative processes and cutting taxes and fees, while improving the overall business environment and reducing corporate tax burdens were among the priorities outlined by Li Keqiang, ...Read More

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