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Updated Negative List Released on On September, 24

On September 8, 2024, the National Development and Reform Commission and the Ministry of Commerce released the “Special Administrative Measures for Foreign Investment Access (Negative List) (2024 Version)”, which will take effect from November 1, 2024. According to the 2024 version of the “negative list”, the number of restrictive measures…

Updated Average Salary & Related Provisions

employment law, general
Average Salary is typically calculated by the National Bureau of Statistics or local statistical bureaus based on a certain statistical caliber. Average salary generally refers to the total salaries of employees over a certain period divided by the number of employees. According to the requirements of laws and regulations such…