Recent news
Latest items of recent news relevant to China as reported in our fortnightly newswire ‘Dernières nouvelles’.
China: Private pension scheme
The government has launched its first low-risk tax-deductible private pension scheme to tackle economic challenges linked to an ageing population …
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China: Government agencies and state firms in China will reportedly replace foreign PCs
The government is replacing foreign computers and operating systems with its own domestic products …
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China: Service outsourcing industry shows steady growth
Over the year to Q1 2022, the value of service outsourcing contracts that Chinese firms have concluded rose by 10 …
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China: Government ratifies forced labour conventions
Two further ILO conventions now been ratified, bringing the total to six out of the eight fundamental measures …
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China: Companies file record number of European patent applications in 2021
The era in which China was seen to be a technological follower rather than innovator has now long disappeared …
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China: Majority of leading cities and provinces passed 2,000 yuan minimum monthly pay threshold
The 2,000 yuan (US$303) minimum monthly pay threshold has now been passed in the majority of leading cities and provinces …
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China: Tencent reports slower growth as China cracks down on tech sector
The Chinese tech giant Tencent has just released its fourth quarter and full-year financial report for 2021 …
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China: Longer leave for mothers of 3rd child in Guangxi province
In China, the statutory basic maternity leave is 98 days …
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China: One more tax cut for better livelihoods
Latest allowable deduction to reduce the burden of income tax now benefits young working parents …
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China: First batch of driving licenses to Serbian citizens issued in China
The governments of both countries have reached an agreement for mutual recognition of driving licences …
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China: Guidance on overtime and working hours issues
Official guidance has recently been generally published covering a range of overtime and working time issues …
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China: Jiangsu province extends maternity leave to 158 days to encourage childbirth
Maternity leave in Jiangsu province in eastern China is being increased to 158 days …
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China: Salary climbing for returning graduates
Returning graduates who have studied abroad secure rising salaries …
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China: Shanghai home to 831 regional multinational headquarters
Shanghai remains a popular destination for foreign investment …
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China: Foxconn offers big signing bonuses in recruitment drive
The mobile telephone company FoxConn is giving a 9,500 yuan (US$1,494) signing bonus to attract new workers at its Zhengzhou production site …
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