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China Tax & Investment Express (CTIE)* brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).
Matters covered in this issue include: Decisions on the implementation of the 2022 plan for national economic and social development and on the 2023 plan for national economic and social development; Decisions on the implementation of the central and local budgets for 2022 and the draft central and local budgets for 2023; Rules on the Recognition of Substantive Operation of Enterprises in the Guangdong-Macau In-depth Cooperation Zone in Hengqin; Decision on revising the “Legislation Law of the People’s Republic of China”.
Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.