In this issue of China Briefing magazine, we delve into the most effective cost reduction strategies observed in Chinese business practices, encompassing both immediate cost-saving measures and long-term approaches to boost operational efficiency and competitiveness.
China has officially decided to gradually delay its statutory retirement age to address demographic challenges. The minimum pension contribution period will be raised accordingly, along with adjustments to retirement rules and enhanced support for elderly employment.
Highlighted as key to securing China’s future economic prosperity, China’s emerging industries are bolstered by government support and incentive policies, while harboring huge growth potential.
This zero-tariff policy seeks to elevate Hainan’s regional status as a premier hub for medical tourism and technological innovation. It will remain in effect until the island province achieves full customs independence in 2025.
On September 13, 2024, the USTR finalized its tariff actions on China following a four-year review and announcing significant tariff increases across 14 product groups. Among others, tariff rates will increase to 100% on Chinese electric vehicles.
Following Norwegian Prime Minister Jonas Gahr Støre's visit to Beijing, this article explores the latest data on bilateral trade and investment between China and Norway, providing a comprehensive overview of their economic interactions.
As Vietnam boosts its global trade role, this Vietnam Briefing edition covers key import-export regulations, customs procedures, on-spot export regimes, and VAT rules, along with insights on documentation, processing times, and VAT refunds.
This issue of ASEAN Briefing offers an overview of Indonesia's labor market, covering local employment laws, key trends, and emerging sectors, providing insights into workforce dynamics and opportunities in the country.
India's service sector drives growth and attracts FDI with its market potential, skilled labor, and policies. This issue explores performance, key FDI segments, and strategies for foreign firms.
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