• +852 2956 3798
  • cw@cwhkcpa.com

Our website supports four languages:

  1. Home
  3. Insights

Insights

Key Takeaways from China’s Two Sessions 2025: Economic Policy Priorities and What They Mean for Foreign Investors

On 11 March 2025, China wrapped up its yearly Two Sessions on a promising note, signalling encouraging prospects ahead. The Two Sessions refer to the annual meetings of the national legislature, the National People’s Congress, and the political advisory body, the National Committee of the Chinese People’s Political Consultative Conference. They bring together policymakers to deliberate on the country’s key economic and social policy direction for the year. Marking the last year of the 14th Five-Year Plan, 2025 prioritises stability while concurrently building on forward momentum for growth and development.

16 April, 2025

Latest Insights

China-Germany Business Relationship Update- First Half of 2024

17 July, 2024

From 14 to 16 April 2024, Federal Chancellor of Germany Olaf Scholz paid a visit to China with a sizeable delegation comprising heads of a dozen industrial giants. The visit coincided with the 52nd year of diplomatic relations between Germany and China and the 10th year of the all-round strategic partnership between Germany and China. This article covers significant events such as Federal Chancellor Olaf Scholz’s visit to China, the robust bilateral trade figures, highlighting China’s longstanding role as Germany’s largest trading partner in recent years. Additionally, the article explores German investment trends, opportunities, and challenges in China.

Read More »

China Extends Tax Incentives for Import Goods Sold at Canton Fair for 2024-2025

15 June, 2024

In an effort to enhance the China Import and Export Fair, commonly known as the Canton Fair, a notice titled “Notice on the Continuation of Tax Incentives for Imported Goods Sold During the Exhibition Period” has been issued. It extends the tax incentives for 2024 to 2025, maintaining the same benefits as in 2023. These incentives exempt eligible imported goods from import tariffs, value-added tax, and consumption tax during the fair. This initiative aims to bolster trade, ensure compliance with regulations, and foster international business relationships by supporting a favorable trading environment at the Canton Fair.

Read More »

Regulatory Updates

Dong Business in China

Our China Guides comprise a series of informative articles that provide insights on efficiently handling the compliance responsibilities and administrative formalities associated with establishing and scaling up your business in Mainland China.

China Focus

Dong Business in Hong Kong

Are you looking to setting up a company in Hong Kong? Checkout our a series of comprehensive guides on how to set up and operate a business in Hong Kong.

Hong Kong Focus
Expanding your business into

Greater Bay Area

The Greater Bay Area (GBA) of China presents vast opportunities for businesses seeking to expand their operations in the region. The GBA comprises nine cities in Guangdong Province, Hong Kong, and Macau, with a combined population of over 70 million and a GDP of approximately USD 1.6 trillion. It is a critical part of China’s economic development strategy, aimed at creating a world-class metropolis and driving economic growth in the region.

We have a series of informative articles that delve into the various business opportunities available in the GBA. These articles cover a wide range of industries, including finance, technology, logistics, and tourism, among others. We provide insights on the GBA’s market potential, investment incentives, regulatory environment, and emerging trends that businesses can capitalize on.

Greater Bay Area Focus
Explore More Topics

China Pushes for Nationwide Adoption of Fully Digitalised E-Invoices

Effective 1 December 2024, China’s State Administration of Taxation (SAT) has implemented fully digitalised e-invoices, or e-fapiao, nationwide. This initiative simplifies invoicing processes, replacing traditional paper-based invoices with a streamlined digital format featuring 17 key elements, including a unique 20-digit identification code. Legally equivalent to paper invoices, the e-invoice reduces administrative burden and enhances tax compliance. The move underscores China’s commitment to modernizing tax administration while promoting efficiency and standardization for businesses and consumers. By eliminating the need for duplicate copies, the digital system improves usability and supports the broader digital transformation of the country’s financial ecosystem.

More on "Finance and Taxation"

Market Entry, Industry Updates and More...

China’s Ambitious 2025 Action Plan to Spur Foreign Investment

On 19 February 2025, China’s Ministry of Commerce (“MOFCOM”) and National Development and Reform Commission jointly issued the 2025 Action Plan for Stabilising Foreign Investment (“Action Plan”). Policymakers have repeatedly affirmed the pivotal role played by foreign investment in the pursuit of high-quality opening-up. The Action Plan, therefore, serves as the logical and natural continuation of these long-standing efforts to nurture innovative productive forces. The 20 measures under 4 aspects specified in the Action Plan are to be implemented nationwide by the end of 2025. Details regarding ancillary measures to facilitate their effective and efficient implementation will be released in due course.

Subscribe to our LinkedIn Newsletter

Bringing you the latest developments to help you further your China business

Subscribe on LinkedIn
Our Services
Accounting and Financial Reporting
Audit and Assurance
Corporate Secretarial
HR Process Outsourcing
Tax Advisory
China Consulting
Market Focus
Hong Kong Focus
Greater Bay Area Focus
China Focus
Europe Focus
Latin America Focus
Other Links
Privacy Policy
Terms of Use
Office Locations
Contact Us

CW CPA is a professional advisory and CPA firm offering accounting and financial reporting, audit and assurance, corporate secretarial, HR process outsourcing, tax advisory and China consulting services, with offices in Hong Kong, Shenzhen, Guangzhou and Shanghai in China, Barcelona in Spain, London in the UK, Bogotá in Colombia, Belo Horizonte and São Paulo in Brazil. CW CPA is a member of Allinial Global, an award-winning association of legally independent accounting and consulting firms whose members collaborate to bring their clients best-in-class solutions. 

Linkedin Icon-youtube-v Envelope Phone
Copyright © 2025 CW CPA. All rights reserved.