“Author Archive”

Foreign IT Giants Rush to Tap China’s Cloud Computing Market

Cloud computing, commonly called “the third wave of information technology”, has substantially facilitated the way people live and do business. Generally speaking, cloud computing can be defined as the practice of storing data and running software over the Internet. Commercially, it allows enterprises to avoid upfront infrastructure costs and focus on their core business.   [...]

Feb 11 2015, 12:14 am | Posted in Featured,Investment Relations | Read More »

Paying Foreign Employees: Individual Income Tax

For foreigners working in China, determining the applicability of individual income tax to one’s situation involves decoding a set of intersecting criteria and rules. Following this, you will need to calculate your precise liability and any applicable deductions. Lastly, consulting with a China taxation specialist can help optimize one’s overall income to achieve the most [...]

Feb 6 2015, 12:15 am | Posted in Featured,Taxation | Read More »

China Announces Location of New Free Trade Zones, Expands Shanghai FTZ

SHANGHAI – At a bi-monthly meeting on December 28, the Standing Committee of the National People’s Congress mapped out the specific locations of the three new Free Trade Zones (FTZ) announced earlier. The meeting also announced the expansion of the Shanghai FTZ, as well as the simplification of a number of investment procedures in these zones. It was announced [...]

Jan 24 2015, 10:32 am | Posted in Investment Relations | Read More »

Additional Visa Requirements for Short Term Work in China

Following the new visa regulations implemented in September 2013, China’s Ministry of Human Resources and Social Security (MHRSS) released a circular on the visa requirements for foreigners coming to China for short term work. The circular was issued jointly with the Ministries of Public Security, Foreign Affairs and Culture and will enter into force on January [...]

Dec 30 2014, 10:13 pm | Posted in Human Resources | Read More »

Australia Secures Far-reaching Benefits in Free Trade Agreement with China

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SHANGHAI – China and Australia concluded a Free Trade Agreement (FTA) on November 17 in Canberra, with Chinese President Xi Jinping and Australian Prime Minister Tony Abbott signing the official document. This marks the conclusion of negotiations originally begun in 2005. China is Australia’s largest trade partner, with 20 percent of Australian imports coming from China, [...]

Nov 30 2014, 12:12 am | Posted in Investment Relations | Read More »

Shanghai-Hong Kong Stock Connect to Launch Nov. 17 – Interview with Prof. Terrill Frantz

Shanghai-Hong Kong Stock Connect to Launch Nov. 17

On Monday, the Shanghai-Hong Kong Stock Connect is set to officially launch, after months of anticipation. The scheme aims to link up the stock exchanges of Hong Kong (HKSE) and Shanghai (SSE), allowing investors in either exchange to trade on both stock markets.   On the Southbound link, institutional investors and individuals with over RMB 500,000 in their brokerage accounts may [...]

Nov 21 2014, 11:32 pm | Posted in Investment Relations | Read More »

Shanghai: The Economic Nexus of China

Shanghai: The Economic Nexus of China

With a population of over 25 million, Shanghai, often referred to as the “Paris of the east,” is the economic nexus of China. Situated in the Yangtze River Delta (YRD) in east China, the city aims to be the world’s global financial and economic center and international transport hub by 2020.   In this article, Rainy Yao from Dezan Shira [...]

Nov 12 2014, 9:43 pm | Posted in Investment Relations,Uncategorized | Read More »

Investing in China’s Education Industry

China has the longest education tradition of any country. Beginning in the Han Dynasty, education formed the basis of China’s meritocracy for climbing the social ladder into the emperor’s presence. Educational rigor has fundamentally shaped China’s ambitious spirit and tenfold economic growth in the past two decades. This may never have happened without China’s respect for competitive pressure fostered by [...]

Oct 27 2014, 9:50 pm | Posted in Investment Relations | Read More »

China Regulatory Brief: Hospital WFOEs Permitted, Social Insurance in Jiangsu

China Regulatory Brief: Hospital WFOEs Permitted, Social Insurance in Jiangsu

Wholly Foreign-Owned Medical Institutions Permitted in China   China’s National Health and Family Planning Commission and the Ministry of Commerce (MOFCOM) jointly released the “Circular on Launching the Pilot Scheme of the Establishing Wholly Foreign-Owned Medical Institutions (Guo Wei Yi Han [2014] No. 244).” According to the Circular, foreign investors may now set up wholly [...]

Sep 3 2014, 11:28 pm | Posted in Investment Relations | Read More »

Industry Focus: Importing Wine into China

Industry Focus: Importing Wine into China

Foreign wine in China no longer makes the headlines. The spotlight is now on much larger trends: foreign wine has been pouring into China, growing sevenfold over the last six years and increasing to 19 percent of the total domestic market. As a result, almost one out of five bottles opened in China is now [...]

Aug 27 2014, 6:43 pm | Posted in Import/Export | Read More »

The Contributor

China Briefing hosts a wealth of business intelligence on legal, tax, and operational issues in China from a practical perspective. Knowledge, expertise and commentary for China Briefing is regularly contributed by Dezan Shira & Associates´ professional legal and tax staff. Currently located in Futian district, Dezan Shira & Associates has been assisting foreign companies in Shenzhen for 22 years.

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