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1.

Clarification Issued on Use of “Guangdong” Designation Within Company Names

19 Nov 2018

As of 20 August, any Guangdong-based enterprise looking to incorporate the name of its home province into its company name has been able to secure the required approval from the appropriate industry a...Read More

2.

China Announces Three-Year RMB10 Billion SME Development Initiative

16 Nov 2018

China’s central government has announced plans to allocate RMB10 billion from its special fund for the development of SMEs over the next three years....Read More

3.

China Issues Clarification on Taxable Pollutants Regime

15 Nov 2018

The level of Environmental Protection Tax payable with regard to particulate matter in combustion exhausts will be calculated using the same methodology currently applied to soot particles....Read More

4.

Shanghai Streamlines Enterprise De-Registration System

14 Nov 2018

De-registering a Shanghai-based business is to be made easier and cheaper thanks to a new initiative launched by the Shanghai local government....Read More

5.

China Announces 2019 Fertiliser Import Tariff Quotas

13 Nov 2018

The total quantity of import tariff quotas on fertilisers for 2019 has been set at 13.65 million tons, including 3.3 million tons for urea, 6.9 million tons for diammonium phosphate and 3.45 million t...Read More

6.

China Revises Classification and Dutiable Value of Imported Goods

12 Nov 2018

China’s General Administration of Customs (GAC) has issued revised editions of the Table of Imported Goods of the People’s Republic of China (PRC) and the Table of Dutiable Values of Imported Goods of...Read More

7.

State Council Announces Plan to Optimise Business Environment at Checkpoints

9 Nov 2018

The State Council issued the Work Plan on Optimising Business Environment at Customs Checkpoints to Promote Cross-border Trade Facilitation on 19 October....Read More

8.

Access to Mainland Market Set to be Streamlined for Foreign Investors

7 Nov 2018

In moves designed to optimise the overall business environment, while reducing restrictions on the use of funds from all quarters of society, the State Council has approved the following facilitatory ...Read More

9.

Guangdong Looks to Boost E-Commerce Express Delivery Capacity

6 Nov 2018

Guangdong has announced plans to expand its local express delivery capacity, with the aim of being able to handle up to 17 billion parcels per annum by 2020, with the sector then expected to generate ...Read More

10.

China Announces 2019 Grain and Cotton Import Tariff Quotas

5 Nov 2018

Full details of the application process for the 2019 import tariff quotas for grain and cotton have been released by the National Development and Reform Commission (NDRC)....Read More

11.

R&D-Related Tax Incentives Introduced for China-Based Science and Technology Companies

2 Nov 2018

An enhanced R&D tax-deduction regime is set to be introduced for mainland businesses operating in the high-tech or scientific sectors....Read More

12.

China Looks to Optimise Export Tax Rebate Process

1 Nov 2018

The export tax rebate process is to be optimised and streamlined in line with a new directive from the State Administration of Taxation (SAT)....Read More

13.

China Unveils Blueprint for FTZ Transformation of Hainan Island

31 Oct 2018

Further details of plans to transform the whole of Hainan Island into China’s newest Free Trade Zone (FTZ) have been released by the State Council....Read More

14.

Shanghai Signs up to Trial Hong Kong/Macau Legal Partnership Programme

30 Oct 2018

Shanghai is to participate in a pilot programme designed to establish the viability of formal partnerships between mainland legal firms and their Hong Kong/Macau counterparts. To date, Guangdong is th...Read More

15.

Transitional Arrangements Announced for Products No Longer CCC-Approved

29 Oct 2018

Details regarding the transitional arrangements relating to products that no longer fall within the remit of the China Compulsory Certification (CCC) system have been released by the Certification and...Read More

16.

China Cuts Reserve Requirement Ratio to Boost Liquidity

25 Oct 2018

The reserve requirement ratio (RRR) for renminbi deposits across the mainland has been cut by 1% in line with a directive from The People’s Bank of China (PBOC), the country’s central bank....Read More

17.

China Raises Average Export Rebate Levels

23 Oct 2018

China has announced plans to raise export tax rebate levels as of 1 November....Read More

18.

Shanghai Embraces New AI Priority Development Regime

22 Oct 2018

The development of Artificial Intelligence (AI) applications and resources has been designated as a priority by the Shanghai Economic and Information Technology Commission. To this end, in association...Read More

19.

China Adjusts Personal Article Import Levy as of 1 November

19 Oct 2018

The import tariff applicable to items either carried by individuals arriving in China or posted to a named individual on the mainland from an overseas location is to be revised as of 1 November this y...Read More

20.

China Broadens Eligibility for Withholding Tax Deferrals by Foreign Reinvestors

18 Oct 2018

The eligibility for withholding tax deferrals on the direct investments made by foreign investors using distributable profits has been significantly broadened....Read More

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