News Center
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.
Import duties in chip equipment, inputs exempted until 2030
China has issued a notice on March 29, exempting taxes on imports of a number of semiconductor companies that are critical to the country's integrated circuit (IC) development, including IC production equipment parts, raw materials and other consumables.
China to expand imports of knowledge- and technology-intensive manufacturing services
China is planning to expand imports of knowledge- and technology-intensive manufacturing services as part of efforts to transform and upgrade its manufacturing sector and foster the sector's high-quality development.
New measures announced to spur domestic consumption
China on March 25 announced targeted measures to spur new types of consumption, including accelerating new infrastructure construction and pilot programs for digital currency rollout, as part of the government's ongoing efforts to boost domestic demand and foster high-quality growth.