Other Briefings
China’s Export Surge: A Closer Look at H1 2024 Trade Expansion
China’s exports surged 6.9 percent in H1 2024 to RMB 12.13 trillion, bolstered by high-tech sectors, with significant growth in trade with ASEAN and Latin America. However, exports to the EU, US, Japan, and Australia declined. We offer a comprehensive breakdown and analysis of China’s trade dynamics for H1 2024 and insights into future trends.
Hong Kong’s New Patent Box Regime: A 5% Tax Concession for Qualified IP Income
The patent box tax concession in Hong Kong was enacted on July 5, 2024. Taxpayers who meet specific requirements can be charged profits tax at the concessionary rate of 5 percent instead of the normal profits tax rate of 16.5 percent.
China Announces Several Measures to Facilitate Hotel Accommodation for Overseas Personnel
New measures in China aim to simplify access to hotel accommodations for overseas travelers by removing barriers and enhancing services.
China’s Third Plenum – Key Takeaways for Foreign Investors
The Third Plenum vowed to implement myriad reform policies by 2029 to grow the economy, improve the private sector, boost foreign investment, reform the tax regime, and more.
China’s Futuristic Industries: Investment Prospects in the Emerging Low-Altitude Economy
Key regions like Guangdong, Shenzhen, and Chengdu are spearheading development through substantial investments and regulatory support, despite challenges in infrastructure and safety.
China Offers Special Equipment Tax Incentive for Green and Digital Development
The new incentive allows companies to deduct investments in digital and smart upgrades of special equipment from their corporate income tax.
China’s New Ethical Guidelines for Human Genome Editing Research
China’s new Ethical Guidelines for Human Genome Editing emphasize regulations to address ethical concerns and ensure responsible research.
Unlocking Opportunities: Hainan’s 2024 Encouraged Industries Revealed
Hainan has officially launched the 2024 catalogue of encouraged industries, featuring 33 new additions compared to the 2020 edition.
