Category: Operations

Company operations of businesses with offices in China

Case Study: Exploring China’s New Capital Gain Tax Calculation

Hong Kong and China entered into a Double Taxation Arrangement (DTA) in 2006. The treaty’s purpose is to avoid double taxation, reduce tax evasion, improve ties between both jurisdictions by reinforcing their respective tax laws, encourage competition, and promote investment....

/ December 12, 2016

Electronic Chops: Unauthorized Use and Legal Risk Management in China

A company seal, or chop, is integral to the administration of a company and the key to legally authorize documentation in China. An electronic chop– the digital version of its physical counterpart– can be used for online transactions. However, electronic...

/ December 9, 2016

How Effective Chief Digital Officers Navigate Digital Transformations

By Heidrick & Struggles As mobile technology, constant connectivity, and data analytics become increasingly embedded in the fabric of daily life, few businesses have been left untouched. Digital disruption—the changes that result from applying new technology to goods or services—is not...

/ December 7, 2016

How to Benefit from Local One Belt, One Road Implementation

Foreign businesses are adjusting their long-term China strategies as they evaluate how local governments implement the RMB 40 billion-backed national One Belt, One Road (OBOR) development policy. As provincial and city governments release additional details about project funding, companies are...

/ December 2, 2016

The Dos and Don’ts of CCC Certification for Vehicle Parts

China Compulsory Certification (CCC) is a necessary part of tapping the Chinese market for more than 132 product categories, including automotive parts. Manufacturing vehicle components is a complex undertaking, and the rules and regulations for selling in China can be...

/ November 30, 2016

VIDEO: Old World, New Minds: China’s Post-90s Generation

Business leaders around the world have long recognized the potential of China's consumer market. In this lively presentation to Asia Society, Chinese consumer expert Tom Doctoroff says marketers and business leaders needed to understand the "tension in the heart of...

/ November 21, 2016

Better Together: The Potential of Crowdfunding in China

Crowdfunding, funding a project through online donations, has become a popular way to invest in the West; but in China, it’s a relatively nascent industry with enormous potential for future growth. The World Bank’s 2013 Crowdfunding’s Potential for the Developing...

/ November 16, 2016

New Regulations on Wage Payment Methods in Shanghai

According to the Shanghai Municipal Human Resource and Social Security Bureau, a new regulation on wage payment methods for Shanghai-based organizations went into effect August 1. The new regulation, issued to replace the 2003 version, expands the scope and makes...

/ November 2, 2016

Don’t Forget the Staff Handbook

Many employers in China are overlooking the importance of a staff handbook and instead are relying on an employment contracts, which often don’t include some key provisions. While an employment contract details important terms such as working hours, salary, main...

/ October 31, 2016

Foreign Investment Reform Brings No New Openings

In a public setback for China’s Ministry of Commerce (MOFCOM), a touted foreign investment reform reflects the continued use of the National Development and Reform Commission’s (NDRC) approach to managing inbound foreign investment and fails to include even the limited...

/ October 28, 2016