BusinessChina Enacts New VAT Law, Streamlining Tax System by 2026 My NewsDecember 26, 202402 minsChina’s legislature has approved a new VAT law effective January 1, 2026, aiming to consolidate regulations and streamline the tax system, impacting businesses and the economy.Share this: Share on Facebook (Opens in new window) Facebook Share on X (Opens in new window) X Read More