Market Updates > Finance & Accounting

Analyzing Economic Trends Through Tax Data: Key Insights from China’s 2025 Q1 Figures
Tax data serves as a crucial economic indicator, providing real-time insights into business activity, investment patterns, and consumer behavior.
China Advances Pension Finance with New High-Quality Development Plan
As China’s population continues to age rapidly, the government is intensifying efforts to enhance the financial services framework for elderly citizens.
China Strengthens Payment Protection for Small and Medium-Sized Enterprises
The Chinese government has introduced significant revisions to the Regulations on Guaranteeing Payment of Funds to Small and Medium-Sized Enterprises …
China’s Ongoing Tax Reform to Foster Innovation and Economic Growth
Tax policy plays a significant role in shaping economic development, particularly in fostering scientific and industrial innovation. As China …
China’s Fiscal Policy in 2025: Balancing Growth, Stability, and Long-Term Development
As China navigates a complex global economic environment, its 2025 fiscal policy has taken on a more proactive and strategic role in ensuring both …
Understanding China’s New Administrative Measures for Individual Income Tax Settlement
China’s State Administration of Taxation has introduced new Administrative Measures for the Final Settlement and Payment of Individual Income Tax on Comprehensive Income (hereafter …
China Releases New Tax Policies for Cross-Border E-Commerce Export Overseas Warehouses
In a move aimed at enhancing the development of cross-border e-commerce, the State Administration of Taxation (SAT) has announced new regulations designed …
China Releases 2025 Tax Return Deadlines
The General Office of the State Administration of Taxation (SAT) recently released Notice [2024] No. 71, clarifying the specific deadlines for filing tax returns …
China Implements Nationwide Rollout of Fully Digitized Electronic Invoices
China Implements Nationwide Rollout of Fully Digitized Electronic Invoices The State Administration of Taxation (SAT) has announced the nationwide implementation
China Implements the use of digital invoices in the Civil Aviation Sector
China Implements the use of digital invoices in the Civil Aviation Sector In a step toward modernizing financial processes and
China Implements Pilot Reform of Water Resources Tax
China Implements Pilot Reform of Water Resources Tax China’s new pilot reform for water resources taxation, effective December 1, 2024,
China Launches Fully Digitized E-Invoices for Railway Passenger Transport
The State Administration of Taxation, the Ministry of Finance, and China State Railway Group Co., Ltd. Collectively have announced the nationwide promotion …
China Implements Measures To Simplify Cross-Provincial Relocation Of Taxpayers
On July 29, 2024, China’s State Administration of Taxation (SAT) issued a circular titled “Further Facilitating the Cross-regional Migration of Taxpayers …
Preferential Corporate Income Tax Policy For Green And Intelligent Development
On July 12, 2024, the Ministry of Finance and the State Administration of Taxation issued Announcement No. 9, unveiling a new enterprise income tax policy aimed at …
China Releases New Tax Guidelines to Boost Manufacturing: Empowering High-End, Intelligent, and Green Growth
To strengthen the manufacturing sector, the Ministry of Finance and the State Administration of Taxation recently released the “Guidelines for China’s …