China Business News

S.J.Grand offers quality research, case studies and essential updates on the latest China tax and business issues through our news feed, periodic newsletters and our online resource library.

Please feel free to browse, to search using the tags below or contact an S.J. Grand office if you would like to know more about a particular topic that interests you.

S.J. Grand joins PrimeGlobal

As one of the leading business consulting firms in China, S.J.Grand is proud to announce that it has been accredited for becoming a member of PrimeGlobal, an association of independent accounting firms that ranks amongst the 5 largest professional associations in the world. PrimeGlobals’s more than 320 member companies from 87 countries share the same faith in excellence and dedication towards the satisfaction of their client’s needs.

Shanghai Pilot Free Trade Zone Arbitration Reform

The China (Shanghai) Pilot Free Trade Zone has recently introduced an innovative Arbitration Reform, aiming at improving investors’ confidence by complying with international standards in Alternative Dispute Resolutions (ADR).

New Rules over Bad Record Administration coming into force on July 1st

On April 14th, Administration for Quality Supervision, Inspection and Quarantine (AQSIQ) has released  a set of rules to better control the quality of imported food. They will come into force on July 1st. AQSIQ, with the help of its local entry-exit inspection branches (CIQs), will start collecting and verifying data concerning imported food companies, aiming at warning the population about hazardous products.

Stephane Grand’s analysis on BFM radio: sino-russian rating agency and China growth slow-down

On June 7th Stephane Grand, founder and president of S.J.Grand, was invited on BFM radio, a French leading information radio. He was asked about the announcement made by Chinese and Russian governments to create together an independent rating agency and about the impact of China growth slow down on investor’s mood.

Is China Golden Age about to end?

More and more foreign companies are pessimistic about the perspective of growth on the Chinese market. A report published by the European Union Chamber of Commerce in China (EUCCC) states that 46% of its 550 members believe the Golden Age of multinational firms in China has come to an end. Over the last year, sales and profit margins have been reducing, weakening optimism among European companies.

Updates on Shanghai Free Trade Zone

After 8 months since its launch, in September 2013, the much-acclaimed FTZ is now raising more and more concerns about its effectiveness and key role in fostering trade and providing concrete measures for it. Many innovations still seem more theoretical than pragmatic. If in the very first months after its launch this could still leave space to the ambition and optimism of government officials now this mood is starting to creek under the growing urgency for more concrete implementations.

China France Double Tax Treaty

China has signed 3 treaties last year (2013), namely with Netherlands, Switzerland and France, respectively based on the date of signature. The treaty signed with France is likely to take force next year January as it has been signed on the 26th of November 2013 and is still being affirmed by both parties. Major changes are as follows:

Extending Tax Breaks for startups to boost jobs in China

The extension of tax break has been announced by the State Administration of Taxation together with the Chinese Ministry of Finance. Such measure is taken in order to increase employment in China due to graduates and unemployed people who struggle to find work. The previous expiration was until the end of December 2013 but has been prolonged till December 2016 also expanding the plan’s extent of range, including every sector.

China and Germany renew double tax treaty

On 28th March, the Federal Republic of Germany and the Peoples Republic of China renewed their double taxation agreement that has been in place already for about 30 years. There are going to be particular changes in current practices for Hong Kong and Singapore holding structures, the taxation of dividends and the prerequisites for the identification of tax subjects.

10th Anniversary of S.J.Grand Financial and Tax Advisory

On March 27, 2014, our S.J.Grand team celebrated its 10th anniversary at an exclusive location in the heart of Shanghai. After its foundation in 2003 and a decade of building an outstanding reputation for the dedication to our clients, it was the right opportunity to say “thank you” to clients, business partners and friends for their support and loyalty.

More VAT reform: Expanding to Telecom Sector

A new addition to the value added tax "VAT" reform will be added that is likely to take force on the first of April, 2014. The current reform wraps up different kinds of services ranging from 0% till 17% that relies on the service sector in which the company is placed.

Stephane Grand discusses the EU-China 2020 Strategic Agenda with the European Commission

Stephane Grand, Managing Partner of S.J. Grand, was invited on Monday 10th of March to the European Commission to discuss the implementation of the EU-China 2020 Strategic Agenda. He gave a briefing to directors and high-level officials of DG Markt, DG Trade, and the Secretariat General of the European Commission in preparation of the arrival of Xi Jinping and his meeting with European Council Head Herman Van Rompuy and European Commission Chief Jose Manuel Barroso. Dr.

Stephane Grand's interview with BFM, the leading information radio in France about China's anti-corruption campaign

Stephane Grand was interviewed by BFM, the leading information radio in France, for their show Chine Hebdo.  Stephane was asked to comment on the recent anti-corruption campaign launched by the Chinese government, fraud and the launch of OBKsecure, S.J.Grand’s workflow, payroll and accounting online solution.  The interview can be downloaded in French at

China’s Company Law Amendment to Ease Business Set Up Process

New amendments have been agreed upon by the Standing Committee of National People’s Congress on the 28th of December and have taken force on the 1st of March 2014. The new amendment is said to ease the strict requirements and of the capital contributions as well as to encourage entrepreneurs to establish their own companies. This leads to improving growth of the individual economic sector.

Due diligence in China: Why is it better for foreign companies to outsource?

Roadblocks that foreign investors are challenged with

Language barrier

The Chinese language has always been an obstacle for many foreigners who want to do business in China. The majority of the foreign investors do not speak Chinese and few Chinese people speak English. Foreigners ought to depend on translators and still there is a great risk of misunderstandings.  

Complex legislations

Beijing - Shanghai - Shenzhen - Hong Kong - Paris

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