The Central Committee issued a Notice in March 2025, urging the renewal of the now decade-old ‘eight-point rules’. Triggered by Xi’s anti-corruption edicts, the original set appeared in December 2012, targeting the ‘four decadences’. Formalism: disingenuously going through the motions; bureaucratism: dodging accountability and buck passing; hedonism: indulging in luxury, neglecting duties; extravagance: wasteful opulence with public funds.
governance
legal affairs
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24 Jun 2025
Shifting the consumption tax from the production to the retail stage is expected to roll out in 2025. In the works since 2019, the March 2025 Government Work Report called to step up the pace. The reform gradually devolves more collection and revenue rights to local governments, above all in economically powerful, consumption-heavy provinces.
economy
legal affairs
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20 Jun 2025
Is Hong Kong about to regain its spot as a premier financial centre? A comeback is on the cards, thanks to robust scitech financing. Having struggled through years of its own deficits and the low-energy PRC stock market, the city is promised a turnaround driven by two major forces
economy
R&D
ICT
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17 Jun 2025
Today, we are pleased to formally introduce our new series: CP Global Insight Briefs. In addition to our regular material, from now on, you will receive a monthly, in-depth brief on critical industry and trade-related topics. Our client, BDI (the Federation of German industries), is helping us launch the series in Beijing on Thursday 12 June. We also now include the pilot brief as a bonus.
industry
R&D
ICT
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11 Jun 2025
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what is the 8-point campaign for anti-corruption?
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consumption tax reform
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Hong Kong bets on tech financing
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2025: does PRC industrial AI have an edge?
monitoring
recent commentary
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growth modelNPC legislative agendadraft legislation and trendsexternal law...read more15 May 2025
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ag bankingfarm upscalingnon-tariff barriersag market accessag industrialisationag subsidiesag riskfood security strategyfood consumptionfeeddairymeat...read more15 May 2025
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wait-and-see fiscal approach after tariff de-escalation
growth modelcentral budget...read more14 May 2025
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new rules for central environmental inspections
watersoilecological civilisationprotected area systemenvironmental lawbiodiversityrubbish and solid waste pollutionmarine environmentforestswildlife...read more13 May 2025
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Ren Zepingmacroeconomist and Vice President of the China Private Economy Research Association, Chief Economist at Zhongyuan Bank YuWa Population Research
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Tu XinquanUIBE (University of International Business and Economics) WTO Research Institute director
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