Category: Policy & Regulations

An Overview of China’s VAT Reform

Hailed as China’s most significant tax reform in more than two decades, the value-added tax (VAT) was comprehensively implemented as the country’s only indirect tax in 2016, effectively replacing the business tax (BT). The reform is part of Beijing’s efforts...

/ February 24, 2017

Don’t Waste Investment Opportunity in Wastewater

In recent years, China has increased its efforts toward combating high levels of environmental pollution, a result of the country’s accelerated economic growth. In 2012, China declared war on pollution, and put aside RMB 3.7 trillion for the battle; more...

/ February 22, 2017

How Can Individuals, Companies be Limited by  Bad Social Credit in China?

A new government system that evaluates and tracks “untrustworthy” individuals and companies could limit eligibility for financing, employment, and Party membership, as well restrict real estate transactions and travel. The Chinese government intends to fully implement this nationwide social credit...

/ February 3, 2017

Chinese Companies Encouraged to Purchase Foreign Products

The newly released Catalog of Encouraged Imported Technology and Products identifies key technologies and products that Chinese companies are encouraged to buy from abroad, potentially positive news for US companies looking to expand sales in China.

/ January 30, 2017

A Clear Opportunity

Air pollution continues to pose a major health threat in China. China’s recent Air Pollution Prevention and Control Law and Atmospheric Pollution Prevention Action Plan demonstrate the government’s resolve to significantly improve air quality. With appropriate planning, this large-scale deployment...

/ January 27, 2017

USCBC’s Forecast 2017

On January 25, 2017, the US-China Business Council hosted Forecast 2017, a half-day program featuring comprehensive projections for the Chinese business and political environment in the year ahead. This annual event joined leading China business analysts and policymakers to discuss...

/ January 26, 2017

Minimum Wage Rises in the Cities, Stalls in the Provinces

Minimum wages in China’s major cities rose in 2016, signaling the continued development of an emerging consumer class as much as increasing pressure on company labor costs. But the increases also point to an increasing divide, as wage growth stagnates...

/ January 25, 2017

Study: Understanding the US-China Trade Relationship

Today, trade with China supports roughly 2.6 million US jobs

/ January 20, 2017

Don’t Treat Compliance Like Your Mother

How China's new normal is requiring compliance to move deeper into company strategy and operations

/ January 16, 2017

Guide to China’s Insurtech Regulations

With interest and investment in insurtech on the rise, this guide provides insights around the complex insurtech regulatory landscape and innovation trends, particularly in big data, that are likely to directly affect and disrupt insurers.

/ January 6, 2017