Tag: China
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business
Received a Tax Supplement Reminder? Handle It Soon — Late Fees Start July 1
The 2025 comprehensive individual income tax reconciliation will close on June 30. After that date, some taxpayers will receive reminders from tax authorities indicating possible unreported or underreported income that requires additional tax payment. What should taxpayers do? What are the consequen
top-news
Multiple Regions Announce Autumn Break Dates — Mostly in Mid-to-Late November, Connecting with Weekends for 5-Day Mini-Holidays
Multiple regions across China, including Jiangsu, Hunan, Yunnan, Inner Mongolia, and Shandong, have announced autumn break dates for 2026, mostly in mid-to-late November, connecting with weekends to form 5-day mini-holidays for compulsory education students.
technology
Universities Rapidly Establish New Colleges — What It Means for Students Choosing Majors
As college entrance exam results are announced, Chinese universities are rapidly restructuring and establishing new colleges — especially in AI, robotics, and emerging engineering fields — reshaping the landscape of higher education and posing new challenges for students choosing their majors.
culture
Instant Commentary | Using Real Names, and Finding True Intentions
A Chinese video platform's annual event reveals celebrities' real names following a policy crackdown on billing rivalry in the entertainment industry. This commentary explores how the shift from stage names to real names reflects a deeper transformation toward authentic artistic creation.
business
Bank of China Disguised 11 Private Equity Funds as Public Funds, Evaded 2.367 Billion Yuan in Taxes: Audit
China's National Audit Office revealed that Bank of China systematically evaded 2.367 billion yuan in taxes by disguising 11 private equity funds as public mutual funds through 'head-count padding' with employee contributions as low as 1 yuan.
business
Empty Buses: How Public Transit Navigates a Crossroads of an Era
Empty Buses: How Public Transit Navigates a Crossroads of an Era — Once the backbone of urban transportation, buses now often appear empty. A deep dive into China's bus transit crisis and transformation.
business
Bian Zhigang, Deputy Head of China's Defense S&T Bureau, Under Investigation for Corruption
Bian Zhigang, a member of the Party Leadership Group and Deputy Director of the State Administration of Science, Technology and Industry for National Defense, is under investigation for suspected serious violations of discipline and law, according to the CCDI.
business
Doubao Starts Charging: How AI Companies Are Monetizing
ByteDance's Doubao AI starts charging users, reflecting the industry's shift from burning cash to generating revenue through subscriptions, APIs, ads, and short dramas.