Business News
The 135th China Import and Export Fair (Canton Fair) is set to take place in Guangzhou, Guangdong, from April 15th to May 5th, with its online platform continuing year-round operations.Having spanned 68 years, the Canton Fair has solidified its position as a vital conduit between China and the rest of the world, serving as a testament to China's commitment to openness in trade.
The 135th session of the China Import and Export Fair, also known as the Canton Fair, kicks off today in Guangzhou, running until early May. It is a trade fair that the whole world pays close attention to. Why? This episode of Data Explorer has the answers.
On April 12, the Promotion Conference of Digital Convenience Services for International Visitors in Guangdong was held in Guangzhou, bringing together representatives from Consulates General in Guangzhou and Foreign Chambers of Commerce in Guangdong from 23 countries.
Policies
  • The Twenty-first Meeting of the Standing Committee of the Sixteenth Guangzhou Municipal People’s Congress adopted the Regulations of Guangzhou City on Foreign Language Signs in Public Places on November 29, 2023. It was reviewed and adopted by the Seventh Meeting of the Standing Committee of the Fourteenth Guangdong Provincial People’s Congress on December 28, 2023. It is hereby promulgated and will take effect from February 1, 2024 onwards.
  • To fully implement decisions and arrangements of the Communist Party of China (CPC) Central Committee and the State Council, reduce institutional costs, and boost the confidence and growth of market entities, Guangzhou Municipal Tax Service has formulated the Measures of Guangzhou Municipal Tax Service, State Taxation Administration for Taxpayer Facilitation and Business Environment Improvement in 2022 for tax and fee payers.
  • As determined by the people’s government of any province, autonomous region, or municipality directly under the Central Government in light of the realities of the local region and in accordance with macroeconomic regulation needs, the resource tax, urban maintenance and construction tax, property tax, urban land use tax, stamp tax (excluding stamp tax for securities trading), farmland occupation tax, educational surtax, and local education surcharges of small-scale VAT taxpayers, small low-profit enterprises and individual industrial and commercial households may be subject to a reduction of up to 50% of the tax payable.
  • In order to implement the decision and deployment of the CPC Central Committee and the State Council, effectively protect the basic livelihood of the people, and help enterprises to overcome difficulties, upon the consent of the People s Government of Guangdong Province, the Notice of the National Healthcare Security Administration, National Development and Reform Commission, Ministry of Finance, and State Taxation Administration on the Temporary Deferred Payment of Corporate Contributions to Basic Medical Insurance for Employees (YBF [2022] No. 21) is hereby forwarded to you. In line with the actual situation in our province, the following work requirements are proposed for implementation.
Policies Interpretation

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