Company News

Service outsourcing has helped Suzhou transform from a city that manufactures to a city that creates. The industry began in the early 1990s and has expanded rapidly since the 2000s. Within two decades of the industry’s expansion, the amount of offshore service outsourcing in Suzhou has increased to an impressive record of 9.1 percent of […]

Located just 80 kilometers from Suzhou, the Changzhou National High-Tech District (CND) maintains a strategic position in the heart of the Yangtze River Delta. After two decades of development, CND was ranked first among the “Top 10 Chinese Parks with the Greatest Potential in 2011.” It currently covers an area of 439 square kilometers and […]

Foreign-investors doing business in the Suzhou area should be aware of three important changes made by the respective local government bureaus on social insurance, housing fund, and minimum wage – all of which are effective from 1st July 2013. Suzhou City’s Social Insurance Contribution Base Adjustment The Suzhou City government provided a notice that, starting […]

Jim Zimmerman, the China managing partner of U.S. law firm Sheppard Mullin, is a good friend of China Briefing and is also both the Chairman Emeritus of Amcham China and the author of the China Law Deskbook – considered by many to be the bible of China law. Jim has recently introduced a regular update service to the China Law Deskbook and has kindly given permission for China Briefing to host it here.

Foreign accounting firms entrusted by their overseas principals to conduct temporary auditing on entities in Mainland China now need to apply for qualification approval from provincial financial departments.

Much hard work needs to be done with regards to annual compliance for joint ventures (JVs), wholly foreign owned enterprises (WFOEs) and foreign invested commercial enterprises (FICEs) operating in China.

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