Posts From Dezan Shira & Associates

Domestic Consumption Policy Plan

With quality now starting to trump quantity, new measures for China’s domestic consumption policy plan are part of a wider series, aimed at reinforcing the core of the domestic economy.

China’s IIT Law and the Six-Year Rule

China’s new individual income tax (IIT) law came into effect on January 1, introducing new tax brackets and a slew of other changes to the country’s IIT system. In the

Minimum Wages Continue To Grow

China has had some catching up to do to address income equality, but it’s certainly on its way. Minimum wages in China continue to grow as the economy develops. Through

New Rates For Export Tax Rebates

Since November 1, China has been and will continue to expand and optimize export tax rebates to lower costs for businesses, encouraging trade, as the state council recently decided. The

Introducing the High-Speed Rail Link

Thanks to the new high-speed rail project, traveling from Guangzhou now takes less than 50 minutes, instead of two hours. However, what more is there to know about the recent

China’s City Cluster Scheme

The scale of China’s urbanization over the past four decades is a staggering feat in human history. A new cluster scheme coming into effect means 19 new super-regions, including three

China-Africa Trade Soon to Boom

Xi Jinping recently completed a week-long trip to Africa, having now signed new trade deals with Senegal, Rwanda, South Africa, and Mauritius, to capture greater opportunities for the Belt and

New Initiatives for HQ In Dongguan

The “factory of the world” is now offering incentives for companies to set up headquarters in the city. From financial rewards to land and office space, the Dongguan government hopes

CIT Deductions in China

The tax department has now clarified which documents are required for corporate income tax deductions in China. Read on to find out all you need to know about the essentials

Cloud Technology In China

China’s cloud industry is expected to grow to US$103 billion by 2020. The growing demand for cloud technology has led to domestic & foreign IT companies rolling out new services.