In a move that reverberates across the global shipping industry, China has revised its Regulations on International Maritime Transport. The new rules, which took effect on September 29, 2025, grant Beijing the authority to take countermeasures against countries that impose discriminatory restrictions on Chinese vessels or operators. This development, seen by many as a direct…
In a significant move to enhance its market exit mechanisms and streamline the business environment, China has introduced new regulations governing the mandatory deregistration of companies. The “Implementation Measures for the Mandatory Company Deregistration System,” issued by the State Administration for Market Regulation (SAMR), will take effect on October 10, 2025. These new rules are…
In a move to curb what is often referred to as “involution-style” or “in-depth” competition and to foster a healthier market environment, China has revised its Anti-Unfair Competition Law. The updated law, which comes into effect on October 15, 2025, introduces significant changes aimed at regulating unfair competition practices, particularly in the rapidly growing digital…
In a significant move to enhance tax transparency and regulate its burgeoning export sector, China’s State Taxation Administration (STA) has rolled out new tax filing regulations, effective October 1, 2025. The new rules, outlined in STA Announcement [2025] No. 17, introduce substantial changes to the Corporate Income Tax (CIT) prepayment procedures for export enterprises. This…