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SME Promotion Law of China (“Promotion Law”) was promulgated in 2003 aiming to improve the operation conditions of Small and medium enterprises (SMEs). However, due to lack of clear rules the enforceability has been an issue. SMEs are making up 99.6% of all registered companies in China, contributing around 60% of the GDP and 70% …

Revised SME Promotion Law to Reduce Tax Burdens of and Enhance Financing to Enterprises Read More »

When it comes to January 1 st of each year in China, there are normally many new laws and regulations came into effect, which are direct measures of the government is taking to better solve many social problems and improve people’s livelihood . This year, one noticeable among many new enacted laws and regulations is …

The First Public Library Law Comes into Effect in China Read More »

China is taking on the powerful food takeout and delivery business. New regulations recently issued aim to improve the safety of takeout and delivery food, which is a major business in China’s large cities.  The regulation requires that any business offering a food preparation and delivery service must maintain a real restaurant wit a physical …

New Food Safety Regulations Hit the China Delivery Sector Read More »

China’s “green tax law comes into effect this month. The law is considered a major landmark in China environmental law and protection. The new environmental protection tax will replace an older pollutant discharge fee. This fee has been on the books since 1979, however there has been a history of uneven enforcement and evasion in …

China Improves Quality of Life with New Green Tax Read More »

Our China lawyers work with many foreign clients seeking to establish a banking or financial entity in China. We are always happy to help these clients, but must let them know up front that this is a rather complicated and difficult process. Further, we find that foreign investors encounter substantial difficulties when seeking to participate …

China to Open Financial Sector to Foreign Banks Read More »

Fortunate few (1,100 business leaders) at the Fortune Forum in Guangzhou Blue skies and reasonable traffic flow a picture from the middle of what would be a very busy street during the 2017 Fortune Global Forum in Guangzhou Last month was busy. This month manic, is it just me, or is it a sign that …

Fortune Forum in Guangzhou Attracts Fortunate Few Read More »

As an international law firm, our China lawyers are often contacted by foreign companies seeking our assistance in dealing with international trade disputes. In just this last week, we received two new inquiries from potential clients which hope to engage our service to get back a payment made to a supplier in China. One American …

Tips To Protect Yourself In International Trade Read More »

Chinese Constitution Day: more than just a celebration, it is an affirmation of President Xi’s promotion of the Rule of Law (Beijing, China) As trained lawyer and a legal commentator on CGTN, I have been fortunate enough to witness first-hand the importance of the Chinese Constitution. I do not make this statement glibly, I have …

Chinese Constitution Day Read More »

The 4 th National Constitution Day 宪法日来了 ! Today is the Fourth Constitution Day of the People’s Republic of China. Dated back to December 4, 1982, the Fifth National People’s Congress adopted and promulgated the Constitution at its Fifth Session. On November 1, 2014, the eleventh session of the standing Committee of the National People’s …

The 4th National Constitution Day Read More »

(Beijing, China) Some compare China’s “One Belt One Road” (OBOR, in Chinese一带一路) to the United Sates’ post World War II Marshall Plan for Europe. I would say OBOR is more like a Marshall Plan on steroids. Why? Because of the epic scale. OBOR is not just another Chinese government initiative but a mass mobilization of …

One Belt One Road, One Great Big Opportunity Read More »