​The Ministry of Finance announced on Wednesday, February the 4th 2021, that the Central Government will provide financing support to more than 1,000 innovative small and medium enterprises (SMEs) from 2021 to 2025. The Government will allocate more than RMB 10 bi...

​China has recently began transforming its paper-based official invoices, also known as fapiao, into digital versions. Specifically, 11 regions in China were incorporated, by December 21, 2020, in the pilot program on electronic special value-added tax fapiao (or in short, V...

China ends 2020 with a record trade surplus driven by the increase in exports throughout December. The flourishing exports have further fortified the steady economic growth in the world’s best-performing major economy. In fact, exports were up 18.1% YoY in December, while...