Technology

E-Invoicing in China: National Rollout of Fully Digitalized E-Fapiao Starting December 1

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The STA has announced the nationwide rollout of fully digitalized electronic invoices, set to begin on December 1, 2024, following the success of pilot programs.

China New Pilot Program Removes Foreign Ownership Caps on Telecom and Data Centers

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China officially launched a new pilot program which allows 100 percent foreign ownership of data centers and value-added telecom services.

China Issues New Regulations on Network Data Security Management, Effective January 1, 2025

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On September 30, 2024, China announced the new Network Data Security Management Regulations, effective January 1, 2025, aimed at enhancing data security and privacy while establishing compliance requirements for both domestic and international entities.

Investing in China’s Emerging and High-Tech Industries – Opportunities for Foreign Companies

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China’s efforts to achieve innovation-led economic growth presents a host of new investment opportunities in the country’s emerging and high-tech industries.

Beijing Releases Negative List to Facilitate Data Export in Free Trade Zone 

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The Beijing FTZ has released its first data negative list outlining the types of data that must undergo export compliance procedures, providing much-needed clarity for companies.

China’s State Council Passes Key Data Security Regulations

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A new draft regulation strengthens China’s cybersecurity and data protection framework. We look at what the document says.

China’s New Quality Productive Forces: An Explainer

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An emphasis on new quality productive forces in government policy in 2024 signals a major shift to an innovation-led economic growth model, presenting various opportunities in the sci-tech space.

Why Use a Separate Domain Name for your China Business

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Using a separate domain name for your China business can help enhance accessibility, ensure compliance with local laws, and provide a better user experience for customers.

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