The Ministry of Manpower issued a circular in October 2020 advising regional governments not to increase the monthly minimum wage rates due to the ongoing pandemic.
Shanghai’s Pudong New Area has piloted a program to help market entities enter specific industries through one integrated license, and it will be in effect till end of 2022.
China will construct around 10,000 km of intercity, urban, and suburban railway lines in the next five years to connect key city clusters in the country.
Embracing the digital economy, Vietnam's digital transformation, supported by the government, presents significant opportunities for foreign investors.
Latest updates from Hainan include a 'zero-tariff' policy on certain raw/auxiliary material imports and allowing overseas listing of state enterprises.
Going by China's COVID-19 vaccine development, vaccines are expected to be manufactured and exported in 2021, with many countries already having signed on.
Labuan, a federal territory of Malaysia, issued a new tax framework in early 2019, which impacts a variety of tax requirements, such as the abolition of the 20,000-ringgit tax ceiling.