Category: Policy & Regulations

Q&A: Labor Disputes and Labor Law Compliance in China

Labor disputes often arise due to companies underestimation or ignorance of China’s strict labor laws. Keeping up to date with China’s labor regulations and taking proper precautions to prevent disputes from occurring can save employers immeasurable stress.

/ March 3, 2017

Managing Commercial and Labor Disputes in China

MNCs are now faced with a particularly stressful situation. As China’s economy is starting to slow, foreign companies are reassessing their footprint in China – and many have realized they no longer need the facilities, people, or partners they had....

/ March 1, 2017

Transfer Pricing in China

Transfer pricing—the price charged for intercompany transactions between entities in different tax jurisdictions—can be used to shift funds within a multinational corporation (MNC), and serves as an effective means to manage a firm’s finances.

/ February 27, 2017

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