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IMF World Forecast October 2022
The International Monetary Fund (IMF) released its World Economic Outlook on October 11, 2022. The report confirmed the global growth...


Huizhou and Economic Trends
Huizhou is a Prefecture-level city located in the southeastern coastal area of Guangdong Province at the northeastern end of the Pearl...


Deferred Contributions for Businesses
Two Authorities Clarify Deferred Payment of Some Administrative and Institutional Fees by Enterprises and Individually Owned Businesses....


MOF Issues New Government Accounting Standards
Recently, the Ministry of Finance ("MOF") has issued the Interpretation of the Government Accounting Standards System No. 5 (the...


Guiyang and Economic Trends
Guiyang is is the capital and largest city of Guizhou province. It lies on the north bank of the Nanming River, a branch of the Wu River,...


China’s Incentives for High-Tech
Three authorities, including the Ministry of Finance ("MOF"), have jointly released the Announcement on Increasing Pre-tax Deduction for...
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