China Tax Filling Calendar 2023, the State Tax Administration published the tax filing and payment deadlines for 2023, clarifying the deadlines for taxpayers.
China revised Foreign Trade Law and canceled the need for foreign trade operators to file and register with the commercial authorities.
Sapience Pro, together with Shanghai Lingang Jinshan No.2 Industrial Zone, Shanghai Carbon Valley Green Bay R&D Base Industrial Development Co., and the Shanghai Institute of Chemical Industry, organized an online sharing on R&D Safety and Environmental Protection Construction Management. The event was a great success, with close to 100 local & overseas participants. The attendees were mainly leaders from chemical companies…
According to the National Health Commission, China will remove quarantine rules for all passengers traveling to China beginning January 8, 2023. The health authority said in a statement that COVID-19 would also be downgraded to Category B from the current Category A, meaning that quarantine will no longer be enforced. According to the National Health Commission, China will refer to…
New Capital Rules in China
Brands from Belarus have been increasingly expanding into the Chinese market, leading to a 33% year-on-year growth in trade between China and Belarus, surpassing $5 billion in 2022. Main export products from Belarus to China include potassic fertilizers, frozen bovine meat, dairy products, raw sugar, and poultry meat, among others. Despite this growth, Belarusian brands face challenges with counterfeit products on Chinese…
China’s official Manufacturing PMI (Purchasing Managers’ Index) rose to 50.1 in January 2023 from 47.0 in December 2022, the first expansion in four months. This was due to the Lunar New Year holiday and the re-opening of businesses amid Covid-19 restrictions, which generated increased travel and spending. The NBS (National Bureau of Statistics) reported that the PMI had previously fallen…
New Shanghai Action Plan, China’s commercial hub, is taking measures to enhance its business climate with the latest iteration of the Shanghai Action Plan for Strengthening Integrated Innovation and Continuously Optimizing the Business Environment. The plan’s primary goal is to create an international-first-class economic climate with the most convenient trade and investment, outstanding administrative efficiency, standardized government services, and a…
Happy Chinese New Year! As the Lunar New Year approaches, the Sapience Pro team would like to extend our best wishes to our clients and partners. This major cultural event symbolizes the start of a new year, and we are excited about the chances and possibilities it presents. The Chinese New Year is a special occasion representing new beginnings and the…
China’s Foreign Trade Reaches New Heights in 2022 Despite Complex Global Environment
