Category: Operations

Company operations of businesses with offices in China

Individual Income Tax for Expats in China

China’s Individual Income Tax (IIT) Law stipulates that all individuals working and deriving income from within the territory of China are subject to IIT. While Chinese nationals are taxed on all income sourced both domestically and overseas, non-Chinese nationals are...

Shanghai Revises Minimum Wage and Social Insurance Contribution Rates

The Shanghai Municipal Bureau of Human Resources & Social Security recently released its annual minimum wage adjustments for 2017, as well as the associated changes to employee benefits. The adjustments, which came into effect on April 1, affect minimum wages,...

/ August 30, 2017

Minimizing Headaches During China Investigations

Any company with more than a small presence in China will likely need to conduct an internal investigation in China at some point. Companies can take certain steps to minimize headaches when such an investigation is needed.

/ August 2, 2017

USCBC 2017 State Export Report

The US-China Business Council’s (USCBC) annual report on state exports shows that China continues to be an important destination for American goods and a significant contributor to US economic growth. "Since 2005, USCBC data reveals that US exports to China...

/ July 12, 2017

China’s Official Statistics

Recently, several media sources reported that Liaoning province had been fabricating its economic data from 2011 to 2014. As reported by the state-run People’s Daily newspaper, city- and county-level governments altered economic data, including exaggerating their fiscal revenues by at...

/ July 5, 2017

Asian Female Senior Execs in Multinational Firms Confined to Regional Roles

As the shortage in the Asian executive talent pipeline continues to pose a major business challenge for multinational companies, a majority of female Asian leaders at multinational corporations feel trapped in regional roles, according to a new study by Heidrick...

/ June 28, 2017

Securing Employees’ Financial Futures

Asian economies are grappling with ageing populations, which place government finances under strain while putting pressure on individual savings as an additional source of income in retirement. The impact is felt more in developed countries, which are at a more...

/ June 14, 2017

Expecting in China: Employee Maternity Leave and Allowances

Maternity leave in China can vary widely by location, especially in terms of ‘late maternity leave’ as determined by the local government. It can also be complex for an employer to calculate how much maternity leave and allowance female employees...

/ June 9, 2017

Managing Health Care Costs in the Asia Pacific

The 2016 Global Medical Trends Survey draws on responses from 174 leading medical insurers, of which 45% are from Asia Pacific. The survey results show the cost of health care benefits is projected to increase by 7.9% in 2016. The...

/ May 10, 2017

Quality of Leadership Matters Most to Senior Talent in China

Heidrick & Struggles China recently conducted a survey of 151 senior executives at director level or above in mainland China to understand how extensively employer branding affects corporate success, and the factors that attract them to and retain them at...