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China s Corporate Social Credit System: What Businesses Need to Know

China's corporate social credit system collects, aggregates, and analyzes data from businesses to punish and reward bad or good behavior.

Kyle freemanLos angelesOffice of the state councilPartner at dezan shira associatesNational enterprise credit information publicity systemAdministration of market regulationNational basic list of punishment measuresfor untrustworthinessNational basic catalog of public credit informationSociety through the social credit systemDraft law clarifies rules for companiesNational developmentAdministration of restoration credit informationPeople bankList of companiesReform commissionDevelopment pattern

China gears up to tackle complaints amid booming NEV ownership

Nation is gearing up to tackle customers complaints and recalls of new-energy vehicles (NEV) amid booming ownership and consumers rising expectations for better NEVs.

Cui dongshuChina passenger car associationAdministration of market regulationInformation technologyMinistry of industryNorth chinaShanxi province photoState administrationMarket regulationGlobal times

China To Upgrade Status of National Intellectual Property Administration

China released the 2023 State Council Institutional Reform Plan. National People’s Congress NPC is set to approve Plan on March 9. Plan will remove China National Intellectual Property Administration from State Administration of Market Regulation SAMR and make it agency under State Council.

National developmentNational intellectual property officeReform commissionNational data administrationChina national intellectual property administrationCouncil institutional reform planAdministration of market regulationAdministration for market regulationMinistry of scienceNational people congressNational peopleState administrationMarket regulationP lawIntellectual propertyPatent law

Mercedes-Benz to Recall Over 20,000 Cars in China Amid Sunroof Glass Panel Hazards

Mercedes-Benz to Recall Over 20,000 Cars in China Amid Sunroof Glass Panel Hazards
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Futura costaglioneGermany mercedes benz groupAdministration of market regulationYicai globalMercedes benz groupState administrationBenz chinaBenz automotiveDaimler china

Annual Compliance Requirements in China: A Step by Step Guide

We discuss the China annual compliance procedures and their timeline for foreign invested enterprises and representative offices.

Company lawAdministration of market regulationAdministration of industryTaxation administrationCatalogue of enterprisesNational credit information publicityCertified public accountantsState taxation administrationAnnual affiliated transaction reportCertified tax agentsState administrationMarket regulationIrregular operationsIrregular operations catalogueDishonest behaviorsAnnual taxation consolidation report