China Tax & Investment Express Issue No. 2023024 - Qianhai work arrangement related to the 2023 assessment of industries

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: Notice issued by Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen regarding the work arrangement related to the 2023 assessment of industries for Corporate Income Tax preferential treatment purposes; Notice regarding the pilot launch of certain measures aligned with high-level global economic and trade rules to advance institutional opening-up of pilot free trade zones and free trade ports; Joint Statement between the People’s Republic of China (PRC) and New Zealand on the Comprehensive Strategic Partnership; Joint Press Statement between the PRC and Socialist Republic of Vietnam.

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.

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