Background of Free Trade Zones in China

The story of China’s economy since the start of reforms in 1978 has been characterized by reiterated cycles of controlled policy experimentation followed by adjustment.
Deng Xiaoping put it more eloquently when he … Read More

The economic growth of the People’s Republic of China has significantly slowed down compared to the past few years. Whatsoever, it is still showing positive growth figures and is still on the right way to become the world’s largest economy. The establishment of a WFOE (Wholly Foreign-Owned Enterprise) … Read More

An Introduction of the Value-Added-Tax (VAT) in China
(Scroll down for China’s New VAT Policy 2017)
VAT is considered as a neutral tax in China that allows businesses to deduct their contributions paid on business-relevant purchases or operations from their own corresponding VAT rate. In China, … Read More

When either expanding or starting an overseas business, top among the initial challenges faced by a multinational company will be hiring and managing employees for the foreign-based subsidiary. This applies to both expats and locals on assignment as the majority of … Read More

The changes in national and regional inflation rates are challenging foreign companies to make appropriate adjustments to their employee’s salary in order for them to be able to afford the same standard of living after a rising inflation rate. In 2016, Shanghai … Read More

How is Working Overtime in China?

If you are going to remain in the good graces of the Chinese government and local trade councils, compliance with the PRC Labor Law is your objective. The employee’s regulation of working overtime in China is generally thought of … Read More

What is a PEO (Professional Employment Organization) ?
This guide explains what is a PEO (Professional Employment Organization) and which are the main factors, advantages and conditions to know before collaborating with one…. Read More

What are the Myths and Truths regarding Employee Benefits in China?
Chinese labor law underwent an important revision that took effect on January 1, 2017. The new risks imposed by these changes are substantial even … Read More

According to the China Wine Market, as of February 2017, there are 48 million “wine lovers” in China. This is mainly due to the significant western influence in the … Read More

During recent years, China’s workforce has drastically transitioned from a reliance on state-owned enterprises to handling the forces of today’s market economy much more independently. Obligations to support sick employees have been transferred to private sectors such as the government’s social insurance fund and … Read More