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China-Asia Trade and GDP Update
In April, several reports published on estimates for global trade and economic growth, from the World Trade Organization to the World...
China’s Electronic VAT Invoices
Electronic special invoices are special VAT invoices, and their legal effect, basic purpose, and basic usage regulations are the same as...
Salary treatment and Force Majeure during Lockdowns
Shanghai Regulations Pursuant to labor legislation and special circulars issued on lockdown, it is generally possible to reduce wages,...
China Trade +13% in Q1 2022
In the first quarter of this year, the total amount of Chinese international trade rose 13% compared to Q1 2021. According to the trade...
R&D Deduction for Sci-tech SME
Three departments, including the Ministry of Finance ("MOF"), have jointly released the Announcement on Further Increasing the Proportion...
Ningbo and Economic Trends
Ningbo is a large sub-provincial city located in the northeastern part of Zhejiang Province in East China. The city covers 9,816 km2 and...
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