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China's new regulations on imported food to take effect

Food imports to China will soon face stricter regulations to ensure better food safety.


China to lower import tariffs to support new development pattern

China will reduce or cancel tariffs on certain imported goods and materials starting in 2022 in a bid to support the new development pattern and promote high-quality opening, according to the Ministry of Finance.


China to extend tax incentives for overseas investors to attract more foreign investment

China will extend the preferential tax policy for overseas investors investing in the mainland bond market, as part of its efforts to promote opening-up and attract foreign investment, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.


Transfer pricing to be a breeze for MNCs

China's streamlined corporate tax rules for multinational companies' transfer pricing, which will take effect on Sept 1, are expected to provide clarity and tax certainty on cross-border investments and business operations, as well as avoid double taxation during critical periods, experts said.


New measures ease shipping procedures, costs in China

The National Immigration Administration issued 16 new measures to simplify work formalities and procedures to reduce the cost of shipping enterprises on Friday. All of the measures come into effect immediately.


Negative lists for services trade likely ready soon

China's highly anticipated negative lists for cross-border trade in services are in the pipeline as the draft version for the Hainan Free Trade Port is currently undergoing processing for final release, according to experts familiar with the matter.


China adjusts tariffs on steel products

China will adjust tariffs on some steel products to lower import costs as part of efforts to push the industry's upgrading and transformation.


China removes import tariffs to spur sci-tech innovation

China announced on April 20 that it will remove import tariffs on goods that are used for teaching, scientific research, and technological development to support domestic innovation.


China eyes boost to free trade in Hainan through policies

China is preparing a package of preferential policies to further facilitate free trade, investment and cross-border capital flows in China's southern Hainan free trade port, in a move to build a free trade port with high quality and high standards in Hainan, officials said on April 12.