TOP STORIES THIS WEEK:

China’s 15th Five-Year Plan: What We Know So Far

2025 is a pivotal year in China’s policy cycle, marking the close of the 14th Five-Year Plan and the lead-up to the 15th, which will chart the country’s course from 2026 to 2030. This article outlines what we know so far and what we can expect in the coming months.

How 2025 Tariffs Are Changing China’s Export Landscape

This article offers a focused analysis of China’s export figures for March and April 2025, discussing potential links between these trends and key geopolitical and regulatory developments, concluding with insights on how foreign businesses might interpret the data.

New Rules Allow Businesses to Remove Operational Violations from Public Records

Companies can now apply to have information related to abnormal business operations removed from the National Enterprise Credit Information Publicity System once violations are rectified. The new rules aim to support business credit rehabilitation and foster fairer market conditions.

Beyond Salary: Holistic Approaches to Talent Retention in China

Traditional pay-based retention strategies are no longer enough. This article explores how foreign investors in China can adopt holistic approaches—focusing on employee development, wellness, and flexibility—to reduce turnover and maintain a competitive edge.

China Monthly Tax Brief: May 2025

Among other updates, we introduce the State Taxation Administration’s rollout of a unified tax credit evaluation system with new repair mechanisms, expanded financing support policies for small businesses, and the nationwide adoption of electronic voucher accounting standards.

A Guide to Minimum Wages in China (as of June 3, 2025)

This article offers a guide to minimum wages in the Chinese mainland and discusses how labor costs are affected by changes to the minimum wage levels. The data is current as of June 3, 2025.

COMPLIMENTARY BUSINESS RESOURCES:

The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience

This issue of China Briefing magazine explores cross-border restructuring as a practical, forward-looking approach to mitigate risks without abandoning China’s manufacturing strengths and market potential.

Transforming Business Operations with ERP Application in Vietnam

This magazine explores the essentials of ERP systems, spotlights the growth of Vietnam’s ERP market fueled by SME adoption and governmental support, and examines tailored ERP solutions for manufacturers to tackle industry-specific challenges.

UPCOMING EVENTS FOR ASIA:

Unlocking Growth in Vietnam: A Strategic Opportunity for Australian Businesses

Webinar | Thursday, June 12, 2025, | 3:00 PM AEST / 12:00 PM Vietnam

Future-Ready in ASEAN: Strategic Advantages of the Johor-Singapore Special Economic Zone

Webinar | Tuesday, June 17, 4:30 PM Singapore / 3:30 ICT / 10:30 CET

Fast-Track to Indonesia: Scale Without Setting Up a Company

Webinar | Tuesday, June 24, 2025, | 3:00 PM Jakarta / 4:00 PM China / 9:00 CET