As China’s top megacities grapple with slowing growth, the country’s smaller cities and towns are fast becoming the new engines of consumer spending. In 2024, household consumption in many Tier-3 and Tier-4 cities grew by 3–5%, even as Tier-1 hubs like Beijing and Shanghai saw outright declines in retail activitybain.com. This reversal – lower-tier cities outperforming their…
Shanghai – September 19, 2025: China’s electric vehicle revolution is charging forward at breakneck speed – but infrastructure and regional adoption gaps threaten to stall momentum. Electric vehicles (EVs) comprised 37% of new car sales in 2023, up from just 6% three years priorautovista24.autovistagroup.com. Surging demand, fueled by aggressive automaker competition and government subsidies, has made China…
BEIJING – September 19, 2025: China is entering a new era of corporate compliance, marked by heightened scrutiny of data flows and a push for transparency in sustainability practices. In 2025, a series of regulatory developments have significantly tightened requirements for cross-border data transfers, personal information protection, and Environmental-Social-Governance (ESG) disclosures, forcing companies – domestic and foreign alike…
BEIJING – September 19, 2025: A notable drop in foreign direct investment (FDI) into China this year is spurring Beijing to introduce new incentives and regulatory reforms to lure overseas capital. In the first half of 2025, inbound FDI fell by double digits – official data show FDI inflows of ¥358.2 billion (~$50 billion) from January to May, down 13.2% year-on-yearreuters.com. This slide comes…
SHANGHAI – China’s Supreme People’s Court has issued a new judicial interpretation, effective September 1, 2025, that provides long-awaited clarity on the enforcement of post-employment non-compete clauses in labor disputeslittler.com. Under the new rules, non-compete agreements are only enforceable if the employee had actual access to the employer’s trade secrets or confidential informationlittler.com. This national interpretation (Judicial Interpretation…
New data from China’s National Bureau of Statistics (NBS) confirm that economic momentum waned in August 2025. Industrial output and consumer spending grew at their weakest pace in nearly a year, missing market expectations and underscoring the persistent challenges facing the world’s second-largest economy. These disappointing figures have heightened expectations that Beijing will step up…
China has implemented significant regulatory changes affecting foreign law firms in August-September 2025, signaling both liberalization in select areas and enhanced compliance requirements. The most significant development is Shanghai’s groundbreaking foreign legal advisor pilot program, launched August 27, 2025, which allows Chinese domestic law firms to directly employ foreign lawyers for the first time. sh…
Shenzhen Special Zone Daily August 18, 2025, 07:26 Recently, the Ministry of Justice issued an announcement approving the establishment of a representative office for one foreign law firm in Shenzhen. This marks the 4th foreign law firm representative office approved to establish in Shenzhen this year. According to the Shenzhen Bureau of Justice, 2 additional…
Shenzhen Release August 15, 2025, 05:15 Historic Milestone Achieved Through LexChina’s Strategic Facilitation Recently, the Ministry of Justice issued an official announcement formally approving the establishment of a representative office for Poland’s Kubas, Kos, Galkowski law firm in China. The law firm managed by LexChina has confirmed its settlement in Qianhai, marking a groundbreaking achievement….
Source: Shenzhen Special Zone Daily | Information Date: August 15, 2025, 12:15Recently, the Ministry of Justice issued an official announcement approving the establishment of a representative office for Poland’s Kubas, Kos, Galkowski law firm in China. The law firm managed by LexChina has confirmed its settlement in Qianhai, marking a historic milestone as the first…