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Nov. 6 — Dongchedi, the China Automobile Dealers Association and Zhongqixinke published the 2026 China Auto Consumer Services White Paper, estimating the sector — covering new‑car sales support, used‑car transactions, maintenance and parts, aftermark

2026-11-06

Nov. 6 — Dongchedi, the China Automobile Dealers Association and Zhongqixinke published the 2026 China Auto Consumer Services White Paper, estimating the sector — covering new‑car sales support, used‑car transactions, maintenance and parts, aftermarket services, customization and auto culture — reached 7.2 trillion yuan in 2025 and is projected to exceed 10 trillion yuan by 2030.

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2026-11-06

White House National Economic Council Director Hassett: Energy and Iran are the main drivers of inflation.

White House National Economic Council Director Hassett: Energy and Iran are the main drivers of inflation.
2026-11-06

On Nov. 6, after initial review at the 25th session of the 14th National People's Congress Standing Committee, China published the full draft amendment to the Tax Collection and Administration Law for public consultation. The draft comprises six and

On Nov. 6, after initial review at the 25th session of the 14th National People's Congress Standing Committee, China published the full draft amendment to the Tax Collection and Administration Law for public consultation. The draft comprises six and chapters 100 articles; versus the current law it adds 13 articles, deletes 7 and amends 75 while keeping the law's basic structure. The revision is targeted at implementing decisions of the CPC Central Committee and the State Council, adapting tax administration to the new economy and new business models, aligning with personal income tax and other tax reforms, consolidating tax-administration reform gains, strengthening state tax security and rule-of-law protections, and embedding taxpayers' legitimate-rights safeguards to create a fair, transparent and predictable environment for businesses, especially compliant taxpayers.
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