Central government issues factor-market reform guidelines

The law raised the monthly basic deduction and introduced additional deductions for expenses such as education, housing and healthcare. It changed how personal income was taxed and modestly recognized...

The NPC adopted a single law to replace three older laws governing foreign-invested enterprises. It promised national treatment and protection against forced technology transfer, reflecting external...

The PBOC announced a revised LPR quotation mechanism to improve the transmission of market-based rates into bank lending. The change aimed to lower financing costs and reduce implicit rate...

The Lingang area was tasked with testing high-standard opening, cross-border finance and trade facilitation. It extended China’s use of pilot zones as controlled laboratories, with reforms designed to...

The law consolidated China’s foreign-investment framework and replaced the earlier joint-venture statutes. Its formal protections addressed longstanding foreign-business concerns, while implementation...

The Politburo Standing Committee discussed a development pattern centered on the domestic economy, with domestic and international circulation reinforcing one another. The concept responded to...

Chinese regulators halted the planned listing after new financial rules were announced, marking a major turn toward tighter oversight of platform finance. The episode exposed tension between privately...

China and fourteen Asia-Pacific partners signed RCEP after years of negotiations. The agreement created a large regional trade framework and expanded China’s regional economic integration, while trade...

The code consolidated civil rules on property, contracts and personal rights, including protections for private property and housing. It provided a common legal foundation for market transactions,...

The plan prioritized technological self-reliance, domestic demand, green transition and “dual circulation.” It formalized a strategy to reduce external vulnerabilities and direct investment toward...