BUSINESS ENVIRONMENT

Hainan Free Trade Port to Further Improve Business Environment

08 July 2022

Hainan province recently issued an action plan to further optimise the business environment at its free trade port (2022-2025). Under this plan, the Hainan Free Trade Port is to establish an efficient and convenient service environment and a market environment that promotes fair competition, replace administrative approval with a record-filing system, ease market access, and implement a ‘negative list’ system. More

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Dongguan Unveils Measures for Improving Its Business Environment

01 April 2022

Dongguan recently rolled out plans for improving its business environment and upgrading its governance capabilities. Measures include accurately and quickly unleashing preferential policies for businesses, upgrading financial service capabilities, striving to promote reforms to enterprise-related examination and approval services, deepening business system reforms, and facilitating cross-border trade. More

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China Issues Special Measures to Enhance Market Access in Shenzhen

16 February 2022

The National Development and Reform Commission and the Ministry of Commerce have jointly issued a circular announcing further support to Shenzhen in its establishment of pilot demonstration zones and efforts to enhance market access in the Guangdong-Hong Kong-Macao Greater Bay Area. The aim is to create a market-oriented, law-based and internationalised business environment and to promote reform and opening up. More

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Hainan Reforms Tax Collection to Improve Business Environment

18 October 2021

Hainan recently announced measures to deepen tax collection reform in the island province. Reform measures include completing the digital upgrading and intelligent transformation of tax collection and administration, making further improvements to tax law enforcement, providing efficient smart tax and fee collection services, and ensuring efficient oversight of tax services. More

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Shanghai Launches ‘One Integrated Licence’ Pilot Reform

14 May 2021

On 21 April, Shanghai released guidelines (Hu Fu Gui No. 5 [2021]) promoting the “integrated online platform” and “one integrated licence” reforms for the convenience of businesses and residents in the city. More

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China Further Improves Services for Starting a Business

13 May 2021

On 21 April, the State Administration for Market Regulation and five other government departments jointly issued a circular on further intensifying reform to constantly improve services for starting a business (Guo Shi Jian Zhu Fa No. 24 [2021]). More

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Shanghai Promotes Tax and Fee Facilitation Reform

12 May 2021

On 22 April, 16 departments including the Shanghai Municipal Tax Service of the State Taxation Administration, jointly issued a circular outlining several measures intended to facilitate the reform of tax and fee payments and optimise the taxation and business environment (Hu Shui Fa No. 25 [2021]). More

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Shanghai Issues Business Environment Improvement Plan

24 March 2021

On 2 March, the government of Shanghai released an action plan for strengthening the systemic integration of reform measures while continuing to build a world-class business environment. More

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Newly Registered VAT Payers May Now Issue VAT Special Invoices Electronically

27 January 2021

China’s State Taxation Administration recently announced that newly registered value-added tax (VAT) payers across the country may now issue electronic VAT special invoices (STA Announcement No. 22 [2020]). More

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Shenzhen Implements Rules on Optimising Business Environment Next January

16 December 2020

New rules passed by the Standing Committee of the Sixth Shenzhen Municipal People’s Congress, Regulations of Shenzhen Special Economic Zone on Optimising Business Environment, will come into force on 1 January 2021. More

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