Category: Policy & Regulations

Is China Really Opening Its Doors to Foreign Investment?

On January 17, 2017, the State Council issued a circular on a new foreign direct investment policy to open up China’s economic system. At first glance, it would appear that this policy is a reaction to the slowdown in China’s...

/ November 8, 2017

Healthcare Series Part 1: Reimbursement Drug Lists

Recently announced provincial reimbursement drug lists (PRDLs) provide possible new opportunities for US pharmaceutical companies seeking to expand market reach for their drugs in China. These updated subnational lists largely reflect the national reimbursement drug list (NRDL), which was released...

/ November 1, 2017

China Work Visa: Unified Work Permit Benefits Foreigners

In an effort to attract more foreign talents, the State Administration of Foreign Experts Affairs (SAFEA) has quickened reform to make it easier for foreigners to apply for China’s work visa. Effective on April 1, 2017, the SAFEA rolled out...

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

LGBTQ+ in the Chinese Workplace: Fostering an Inclusive Environment

As awareness of LGBTQ+ issues in China rises, employers are facing newfound scrutiny over their treatment of sexual minorities. Employers have the opportunity to establish safe work environments for LGBTQ+ employees, and become leaders in China’s changing social climate. Doing...

/ August 23, 2017

Officials Reverse Course on Cross-border Ecommerce

Providing a small amount of stability in a year of significant changes for cross-border ecommerce, the Chinese government recently halted a move to increase regulation — and costs — of foreign goods purchased online by consumers in China. Observers believe...

/ August 9, 2017

Hong Kong Announces Changes to Beneficial Ownership Regime

Hong Kong’s Financial Services and Treasury Bureau (FSTB) recently issued a consultation document on amending the Companies Ordinance law. If the amendment proposal is approved, companies incorporated in Hong Kong will need to identify their beneficial owners and register with...

/ July 26, 2017

Changing Tastes: China’s Imported Wine Industry

China’s taste for wine is growing rapidly. A number of opportunities are presented for both online and offline wine importers. The supply and demand side trends, as well as key considerations for the differing distribution channels and challenges in the...

/ June 21, 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