Useful Resources
Navigating China's regulatory landscape and setting up your business here can be challenging. Luckily there is a wealth of helpful resources that can make the process easier. Scroll down for a concise list of links and reports that offer actionable insights and advice on doing business in China.
China-Australia Free Trade Agreement
Australia's Department of Foreign Affairs and Trade's hub for the China-Australia Free Trade Agreement (ChAFTA). Read the full text of the Agreement and learn how ChAFTA can benefit many different Australian industries.
Australian Federal Budget 2021 - 2022
On Tuesday 11th May 2021, treasurer Josh Frydenberg delivered his third Federal Budget.This Budget is all about how the Australian economy is bouncing back strongly, but it is also a big spending Budget which will extend the Australian's national debt even further, with deficits predicted to continue for at least the next decade.
2021-22 AUSTRALIAN FEDERAL BUDGET TAX & SUPERANNUATION& SUPERANNUATION
A summary provided by the Mazars Group and St. James's Place | May 2021
This Budget Brief summarises the key Budget tax and superannuation stimulus announcements that we expect will most affect Australian individuals and business clients. The dates in square brackets indicate the proposed start date for the announced change.
Australian Expat Key Considerations whilst in Asia
Listen to this webinar as we discuss repatriation and expatriation from Australia, property and taxes on Australian property, income and assets alongside insurance and superannuation contributions.
Regulations Guide to WFOE Establishment, Registration & Liquidation
PTL Group | September 2020
The comprehensive WFOE guide offers detailed and useful information for international companies and individuals seeking to establish a foothold in the Chinese market. Written and edited by PTL Group, the guide addresses the different stages revolve around WFOE operation and management, in order to make the complex information more accessible and easily readable. The guide is available for free at any time!
Corporate Tax Filing – monthly, quarterly & annual compliance
In China, upon obtaining a business license and completing tax registration, companies are required to meet the monthly, quarterly and annual compliance requirements regarding Corporate Income Tax (CIT), Value Added Tax (VAT) with relevant Surtax, Individual Income Tax (IIT), Housing Fund and Social Security.
King & Wood Mallesons (KWM) | July 2020
2019-2020 have been challenging years for both China and the world. China has had to contend with both the fallout from the COVID-19 pandemic as well as the trade conflict between China and the US. In this publication, KWM explores the key questions being asked by clients looking to unlock investment opportunities in China such as: What are the best opportunities for investing in China? What are the challenges? How do other investors deal with the key issues? How do I deal with regulatory change?
Demystifying Chinese Investment in Australia: June 2020
KPMG and The University of Sydney | June 2020
Despite record bilateral trade between China and Australia, which was up 21 percent to AUD 235 billion in the 2018-2019 financial year, Chinese investment in Australia fell 58.4 percent from AUD 8.2 billion in 2018 to AUD 3.4 billion in 2019. This June 2020 report is the latest in a series of 'Demystifying Chinese Investment in Australia' reports, by KPMG and The University of Sydney. The report analyses Chinese Overseas Direct Investment (ODI) into Australia in calendar year 2019.
China Economic Quarterly Q2/Q3 2020
PWC, August 2020
The economy has gradually recovered from the COVID-19 pandemic with 3.2% growth in Q2. It is expected to return to a relatively normal state in Q3. This issue provides an overview of the macroeconomic trends in Q2/Q3 2020, some policy updates and hot topic analysis.
Tips for surviving COVID-19 in a new city
Asian Tigers China, September 2020
Relocating abroad is a challenge at the best of times, with much to ponder and plan for. So you’ve now taken the plunge by moving to Asia just as the world was literally turned upside down. What we once thought of as normal is now anything but, with the COVID-19 pandemic impacting almost every facet of daily life. It now feels like all the rules have been rewritten. The main concerns about a new life abroad – work, fitting in socially and your children’s education – are even more relevant now in the age of COVID.
An Introduction to Doing Business in China
Dezan Shira & Associates, January 2017
Doing Business in China, updated in January 2017, is designed to introduce the fundamentals of investing in China. Compiled by the professionals at Dezan Shira & Associates, this comprehensive guide is ideal not only for businesses looking to enter the Chinese market, but also for companies who already have a presence here and want to keep up-to-date with the most recent and relevant policy changes.
The China Tourism Economy: Reaching Australia’s Potential
ACBC and LEK Consulting, October 2017
The Chinese Tourism Economy: Reaching Australia’s Potential is a valuable resource for tourism operators, policymakers and the myriad of businesses that are connected in some way to the Chinese visitor economy.
Guide to Protecting your IP in China
IP Australia, October 2017
Protecting your intellectual property (IP) should be a top consideration when entering any foreign market,
including China. Despite the lingering horror stories, IP protection in China has improved greatly. This guide aims to provide some practical key China IP messages and refer you to further
useful materials.
Outbound Chinese Tourism and Consumption Trend: 2017 Survey
Nielsen, February 2018
This whitepaper provided key data analysis into Chinese and non-Chinese tourists’ current behaviors of consumption, in particular the areas and activities of consumption as well as the methods used, with a focus on the rise of mobile payment platforms, and a look at potential future trends.
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Alliances
Australian Consulate General in Shanghai
The Australian Consulate General in Shanghai promotes the full range of Australia's interests in China, including trade and investment. It also provides consular, passport and notarial services to Australians living and travelling in the region.
Australia China Alumni Association
The Australia China Alumni Association (ACAA) was established in 2007 with the support of the Australian Ambassador to China and now it has 19,000+ Australian universities alumni members across greater China. As a non-for-profit organisation, the ACAA is primarily funded by more than 20 Australian universities and supported by the Australian Government.
The ACAA is open to and serves all China-based alumni of Australian universities and provides a variety of services, programs and events, including its annual flagship Alumni Awards, its Mentor Program, its Alumni Welcome Back Receptions, its Career Development Events and its Industry Discussion Forums. With offices in Beijing, Shanghai and Guangzhou and volunteers in many major cities, the ACAA provides a platform to both showcase Australian alumni's contributions to the various commercial and cultural exchanges between Australia and China and to help alumni across China to reconnect.
Australia-China Business Council
The Australia China Business Council (ACBC) is a membership-based, non-profit, non-governmental organisation comprised of National Office, eight Branches, and more than 1500 representatives from over 900 Australian companies who do business with China. Founded in 1973, ACBC actively promotes two-way trade and investment, and economic cooperation and understanding, between the business communities of Australia and China.
Australian Trade and Investment Commission (Austrade)
The Australian Trade and Investment Commission–Austrade–contributes to Australia’s economic prosperity by helping Australian businesses, education institutions, tourism operators, governments and citizens as they:
- develop international markets and promote international education
- win productive foreign direct investment
- strengthen Australia’s tourism industry
- seek consular and passport services.
Austrade achieves this by generating market information and insight, promoting Australian capabilities, developing policy, making connections through an extensive global network of contacts, leveraging the badge of government offshore and providing quality advice and services.
The Export Council of Australia (ECA) has a long, proud history of supporting Australian international business. For the past 60 years we have encouraged, educated and assisted Australian companies to take on the world.
The ECA has the development of Australia’s resources via the promotion of Australian industry in international markets as our primary goal. We achieve this goal by:
- Developing international business skills
- Building Australian business capacity
- Conducting international market research
- Helping to break down barriers to trade
- Building global networks
- Informing Australian trade policy
The Hangzhou Chamber of Commerce in Shanghai
The Hangzhou Chamber of Commerce in Shanghai (HCCS), formerly known as the Chamber of Commerce for Hangzhou Enterprises in Shanghai (CCHES), was established in 2009. Their network currently extends to several thousand companies, including over a hundred influential companies.