In recent years, e-commerce has boomed in China. And with the upcoming Singles’ Day, promoted annually by Chinese e-commerce giant Alibaba and held on 11 November, we’re going to once again witness the power of e-commerce spending. The event, billed as ‘anti-Valentine's Day’ where Chinese singletons go on a global online shopping spree, last year rung…
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Last year, the Cybersecurity Law of the People’s Republic of China (CSL) came into effect from 1 June 2017. CSL brought about national standards for cybersecurity protection, specifying security measures for network operators and providers of network goods and services. Key aspects of the law were highlighted previously on this blog, of which you can…
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Summary On 31 August 2018, the Standing Committee of the National People’s Congress promulgated the revised Individual Income Tax Law of the People’s Republic of China (IIT Law). A revision of the IIT Law, last revised in 2011, was highlighted by the Ministry of Finance during the third session of the Thirteenth National People’s Republic…
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