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China's Retail Sales April 2022
According to the latest figures released by the National Bureau of Statistics, retail sales of consumer goods, a key indicator of Chinese...
Shanghai GDP forecast for Q2
Economic effects of the latest Omicron revival will mainly be seen in the second quarter of the year, with an expected GDP growth of 2.1...
IMF promotes global Yuan
The IMF's decision to add the yuan to a key global reserve asset marked a step forward in the currency's internationalization, which...
Shanghai extends annual tax deadline to 30 June
The Shanghai Municipal Tax Bureau issued on 20 May 2022 the “Notice on the Extension of the Annual Tax Filing and Settlement of the...
VAT Credit Refund for Large Enterprises
The Ministry of Finance ("MOF") and the State Taxation Administration ("STA") have jointly issued the Announcement on Further and...
China’s Manufacturing Incentive Policies
With COVID-19 resurgences causing unexpected challenges, the Chinese government has taken proactive steps to assist manufacturers in...