Policy

US Tax Reform Puts Pressure on China’s Enterprise Income Tax, Chinese Finance Expert Says

US Tax Reform Puts Pressure on China’s Enterprise Income Tax, Chinese Finance Expert Says

If the US Senate’s tax reform plan passes, the US will move ahead with reform faster than expected, the Paper…

Dec 4, 2017
Liao Shumin
Too Early to Say US Tax Reform Will Lead to Return of Global Capital to US, Xinhua Says

Too Early to Say US Tax Reform Will Lead to Return of Global Capital to US, Xinhua Says

The Trump administration is soon implementing the largest tax reform bill seen in the US in the last 30 years.…

Dec 4, 2017
Xu Wei
China Was Right to Rein in Cryptocurrencies, PBOC Vice Governor Says

China Was Right to Rein in Cryptocurrencies, PBOC Vice Governor Says

Chinese regulators were right to rein in cryptocurrencies, said Pan Gongsheng, a vice governor at the People’s Bank of China.

Dec 4, 2017
Song Yikang
Private Investors’ Participation in PPP Projects Should Not Be Restricted, NDRC Says

Private Investors’ Participation in PPP Projects Should Not Be Restricted, NDRC Says

China will continue to open all infrastructure sectors, except those prohibited by national laws and regulations, to private investment, the…

Dec 1, 2017
Xu Wei
Increasing Cases of Internal Leaks and Thefts of Customer Information Requires Tightened Regulation on Protection of Citizens’ Personal Information, Experts Warn

Increasing Cases of Internal Leaks and Thefts of Customer Information Requires Tightened Regulation on Protection of Citizens’ Personal Information, Experts Warn

With the rise of the internet, a complete industrial chain of theft and sale of personal information has flourished. A…

Nov 30, 2017
Fan Chunsheng
China’s Macro-Economic Planner Regulates Pricing Practices for Short-Supplied Drugs, APIs to Ensure Fair Competition

China’s Macro-Economic Planner Regulates Pricing Practices for Short-Supplied Drugs, APIs to Ensure Fair Competition

China’s top macro-economic planner, the National Development and Reform Commission (NDRC), has formulated 'Pricing Practice Guidelines for Sellers of Short-Supplied…

Nov 24, 2017
Xu Wei
China to Study Worldwide Policies as It Mulls Drafting Estate Tax Law

China to Study Worldwide Policies as It Mulls Drafting Estate Tax Law

China’s Ministry of Finance has answered public concerns about whether or not it will levy estate tax in an official…

Nov 23, 2017
Chen Yikan
Chinese Departments Issue Circular on Dealing With Commercialization of Buddhism, Daoism

Chinese Departments Issue Circular on Dealing With Commercialization of Buddhism, Daoism

Twelve government departments including the National Development and Reform Commission (NDRC) and the Ministry of Public Security, have jointly issued…

Nov 23, 2017
Liao Shumin
US Department of Commerce Plans to Levy Anti-Subsidy Duty on Tool Cabinets From China

US Department of Commerce Plans to Levy Anti-Subsidy Duty on Tool Cabinets From China

The Department of Commerce put forward plans to introduce anti-subsidy duties on tool cabinets imported from China ranging between 14.03 and 95.96 percent, it said in a press briefing yesterday.

Nov 23, 2017
Liao Shumin
China’s Financial Regulators Hold Working Conference to Combat Problems in Online Micro Lending

China’s Financial Regulators Hold Working Conference to Combat Problems in Online Micro Lending

Regulators are becoming increasingly concerned with China’s online lenders as they head overseas to list. In order to tackle…

Nov 23, 2017
Song Yikang
Government to End Preferential Tax on Small-Engine Car Purchases Next Year

Government to End Preferential Tax on Small-Engine Car Purchases Next Year

The Chinese government is scheduled to end its preferential tax policies on purchases of small-displacement vehicles from Jan. 1, 2018,…

Nov 22, 2017
Zhang Xia

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