Policies

The head of Switzerland's Federal Department of Foreign Affairs, Ignazio Cassis, visited the People's Republic of China on 24 and 25 April 2025. His visit marks the 75th anniversary of diplomatic relations between the two countries. Switzerland established official relations with China in 1950, making it one of the first European countries to do so. In addition to an official meeting with China's ...

The Ministry of Human Resources and Social Security, the Ministry of Finance, and the State Taxation Administration jointly issued a circular to extend key unemployment insurance policies through 2025 to help companies retain jobs and support workers in enhancing their skills. The circular outlining measures to help enterprises maintain stable employment.

China will deepen reforms across key service industries, including finance, telecommunications, healthcare, culture and tourism to unlock the potential of service trade and attract more global capital, according to a growth plan released by the Ministry of Commerce.

China has updated its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a refund-upon-purchase model, the State Taxation Administration (STA) said. Under the new refund-upon-purchase policy, foreign visitors can instantly claim value-added tax (VAT) rebates at tax-free stores, enabling them to reuse the refunded amount in real time for further shopping ...

The Chinese e-car manufacturer BYD has officially entered the Swiss market. The world's largest e-car manufacturer is planning a dealer network with 15 points of sale in Switzerland by the end of the year.

UBS will acquire an additional 33 percent stake in UBS Securities from Beijing State-owned Assets Management Co. (BSAM), thereby taking full control of UBS Securities in China, the bank announced on March 28, having received the corresponding approval from the China Securities Regulatory Commission.

Nestlé will put the emphasis on three key areas in the China market, namely coffee, pet food and nutrition, the new chief executive officer of the Swiss food and beverage giant, said at the recent annual meeting of the China Development Forum.

DKSH has signed a strategic partnership with CELLINK, a global leader in 3D bioprinting and part of BICO Group, to expand access to cutting-edge bioprinting solutions in China. Through its extensive sales network and comprehensive service offerings, DKSH will support CELLINK in strengthening its market presence and advancing biomedical research in the region.

The State Council unveiled the revised edition of regulations aimed at ensuring timely payments to small and medium-sized enterprises (SMEs). The new regulations, which will go into effect on June 1, detail the responsibilities of the relevant departments at the central and local levels to ensure timely payments to SMEs.

The State Council unveiled the regulation on implementing the anti-foreign sanctions law, comprising 22 articles, set to take effect on March 24. According to the regulation, China will enhance its countermeasures. It specifies the seizure, detention and freezing of "other types of assets," "relevant transactions, cooperation and other activities" that are prohibited or restricted as well as ...