Additional incentives aim to attract foreign investment, capital flows, and innovate customs supervision.

The State Council released a Notice to promote the development of the integrated circuit (IC) industry and software industry on August 4th, 2020. The Notice stipulates new measures such as tax reductions and exemptions across the whole industry chain. Additionally, the ...

China issued an update on its 2020 Negative List by shortening the number of restricted sectors for foreign direct investment (FDI) both nationwide and within the free trade zones (FTZs).