Our website supports four languages:

Insights

Hainan Free Trade Port: Opportunities and Incentives for Global Investors

Known for its white sand and clear water, Hainan is commonly recognized as the “Hawaii of China.” Soon, the southern Chinese province will reach an important milestone: The Hainan Free Trade Port (Hainan FTP), launched in June 2020, is scheduled to implement a full island-wide customs closure starting on 18 December 2025. This means that the Hainan Free Trade Port will operate as a unique customs territory within China. This setup provides global businesses with a new and exciting opportunity to enter the Chinese market, thanks to reduced barriers and enhanced policy support.

18 October, 2025

China Pushes for Nationwide Adoption of Fully Digitalised E-Invoices

13 December, 2024

Effective 1 December 2024, China’s State Administration of Taxation (SAT) has implemented fully digitalised e-invoices, or e-fapiao, nationwide. This initiative simplifies invoicing processes, replacing traditional paper-based invoices with a streamlined digital format featuring 17 key elements, including a unique 20-digit identification code. Legally equivalent to paper invoices, the e-invoice reduces administrative burden and enhances tax compliance. The move underscores China’s commitment to modernizing tax administration while promoting efficiency and standardization for businesses and consumers. By eliminating the need for duplicate copies, the digital system improves usability and supports the broader digital transformation of the country’s financial ecosystem.

Read More »

China Gives Green Light to Establish Wholly Foreign-Owned Hospitals

13 December, 2024

China’s new pilot work plan, effective 29 November 2024, permits wholly foreign-owned hospitals in nine key cities, including Beijing, Shanghai, and Shenzhen. This initiative aims to enhance the healthcare sector with innovative service models, cutting-edge technologies, and improved local medical capacity. Eligible investors must demonstrate expertise in hospital management and address gaps in healthcare provision. Exclusions apply to hospitals specializing in traditional Chinese medicine, psychiatric care, or high-risk procedures. By fostering foreign participation, China seeks to meet growing healthcare demands while maintaining strict oversight of ethical and medical risks in this highly regulated industry.

Read More »

Regulatory Updates

Explore More Topics

Announcement on Tax Credit Policy for Foreign Investors Using Distributed Profits for Direct Investments

To attract foreign investment and promote reinvestment of profits in China, a new tax credit policy has been introduced, offering eligible overseas investors a 10% tax credit on direct reinvestments from distributed profits. This initiative not only provides significant tax savings but also aligns with China’s commitment to high-quality economic opening. With clear eligibility requirements and operational processes, foreign investors can optimize their capital allocation while enjoying the benefits of this policy. Discover how to maximize your investment returns in China. Read on to learn more!

More on "Finance and Taxation"

Market Entry, Industry Updates and More...

German Investors in China 2025: Confidence Reloaded, Strategy Recalibrated

Explore the 2025 strategic shift for German investors in China as they pivot from asking whether to stay to how deeply to localize. Our report analyzes how leading German firms are combating price pressures in Mainland China by building local R&D and supply chains, while leveraging Hong Kong as a strategic ‘resilience buffer.’ Gain critical insights on recalibrating your Greater China strategy for renewed growth and competitiveness.

Subscribe to our LinkedIn Newsletter

Bringing you the latest developments to help you further your China business

Subscribe on LinkedIn