China
Teapot drama targeting British Museum sparks nationalist fervor in China
Chinese state media and netizens have piled onto social media in recent days to sing the praises of a homegrown web drama about a jade teapot that escapes from the British Museum and tries to get home to China.
The three-part drama, “Escape from the British Museum,” shows the green-clad “teapot” personified as a young woman accost a Chinese man in the street, asking for help.
“I’ve been wandering around out here for ages, cousin,” she tells him. “I’m lost, and can’t find my way home.”
The nationalistic drama has proved a hit with the online army of nationalist “little pinks,” and was released around the same time as a Global Times editorial calling for the return of Chinese artifacts from the scandal-hit British Museum, which fired a staff member last month after some of its collection was found for sale on eBay.
Never mind that the explanatory text about the teapot referenced in the film states it was actually made in 2011 by Suzhou master jade carver Yu Ting, who sent it to be displayed in the museum.
“While the British Museum proudly displays over 23,000 Chinese artifacts, most of which were obtained through improper channels, even dirty and sinful means, questions loom over their acquisition history and the larger issue of repatriation,” Global Times said in an infographic on Sept. 4.
‘Bloody, ugly and shameful’
Earlier, the paper published an editorial calling the museum “the world’s largest receiver of stolen goods.”
“The UK, which has a bloody, ugly, and shameful colonial history, has always had a strong sense of moral superiority over others,” it said. “We really do not know where their sense of moral superiority comes from.”
In the web drama, the young man takes the eccentric teapot woman home to his elegant apartment, sleeping on the sofa and taking her on a whistle-stop tour of U.K. tourist spots including the white cliffs of Dover, before eventually telling her “Come on, we’re going back to China.”
The couple then take in a military parade complete with goose-stepping soldiers on Beijing’s Tiananmen Square.
“Thank you, Yong An,” she tells the young man, whose character takes his name from a ceramic pillow emblazoned with the words “eternal peace for family and country” on display in the British Museum. “This has been the happiest and brightest time in my tiny world.”
‘No. 1 robber’
The young producers, who also act in the film, told ruling Chinese Communist Party newspaper, The People’s Daily, in an audio interview posted to Weibo on Sept. 8 that they decided to release the show early after seeing the news last month that the British Museum had sacked a member of staff and reported around 2,000 cultural relics missing to Scotland Yard.
“This is about the emotions we felt after a visit to the British Museum,” one co-actor and producer who gave only the pseudonym Xiatian Meimei told the paper.
“While we were filming at the British Museum, we ran into a lot of foreigners [sic] who didn’t understand much about our cultural artifacts,” director Zhang Jiajun, a Douyin blogger and film school graduate said. “They are Chinese treasures that carry a lot of Chinese culture.”
“When they are overseas, people don’t really understand them, because they lack the cultural genes to do so,” he said, using a buzzword that has become popular under Chinese leader Xi Jinping. “We hope people will pay more attention to the issue of cultural artifacts overseas.”
The drama drew a large number of nationalistic comments, with one comment saying “I’m going to cry myself to death,” and another saying: “We must take back what belongs to China.”
“The British Museum is the world’s No. 1 robber,” said another.
Returning relics?
Another article in the Global Times called on Foreign, Commonwealth and Development Secretary James Cleverly, who was visiting China at the time, to change the law preventing the return of artifacts in the museum.
The British Museum was established by an Act of Parliament in 1753 and is currently governed by the British Museum Act 1963.
It has so far refused to return the Elgin Marbles from the temple of Athena to Greece, ceremonial items and other artifacts taken during 19th century military action to Ethiopia, the 900 Benin Bronzes to Nigeria or gold items belonging to the Asante people of Ghana, according to the BBC.
U.K.-based commentator Chen Liangshi said much of the anger over Chinese artifacts ignores the mass destruction of cultural items during the 1966-76 Cultural Revolution, and that many of the items now in overseas museums could have been destroyed if they had stayed in China.
He added that many of the artifacts in the British museum were bought rather than looted, or donated by collectors after changing hands several times.
U.K.-based Hong Kong historian Hans Yeung agreed, also citing the widespread destruction of the Cultural Revolution and the whipping up of nationalistic sentiment online.
“They went after the United States, then they went after Japan,” he said. “Now they’re done with Japan, they’re going after the U.K.“
U.K. Prime Minister Rishi Sunak has accused China of meddling in Britain’s democracy as he faces a government split at home over whether to formally designate China a threat to national security.
Meanwhile, a brief survey of publicly available information by Radio Free Asia found that more than 100 Chinese cultural artifacts came from the donated collection of Irish physician and naturalist Sir Hans Sloan, while thousands more were donated from the collection of antiquarian Sir Augustus W. Franks.
Many more were sold by Chinese aristocrats, officials and scholars for cash around the fall of the Qing Dynasty in 1911.
Against the flow
Not all Chinese media played along with the nationalistic angle.
The Guangzhou-based newspaper Southern Weekend published an article titled: “Is it really a good idea…
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China
China Provides Tax Incentives on Special Equipment for Green and Digital Development
China has introduced a new tax incentive for companies investing in digital and smart upgrades of special equipment to encourage environmental protection and safe production. Companies can enjoy a 10 percent deduction from their corporate income tax payable. Eligibility and requirements are outlined by the Ministry of Finance and State Tax Administration.
A new China tax incentive aims to encourage companies to invest in digital and smart upgrades of special equipment. Companies upgrading certain equipment that aids environmental protection and safe production can enjoy a deduction of the investment at a rate of 10 percent from their corporate income tax payable. We explain the requirements of the new tax incentive.
China’s Ministry of Finance (MOF) and State Tax Administration (STA) have issued a new preferential corporate income tax (CIT) incentive for companies investing in digital and intelligent transformations of certain types of equipment. To be eligible for the incentive, companies must invest in the digital and intelligent transformation of equipment related to energy and water conservation, environmental protection, and safe production.
The new tax incentive aligns with a State Council Action Plan, released in March 2024, which aims to accelerate the renewal of large-scale equipment and consumer goods, promoting high-quality development and driving investment and consumption for long-term benefits.
If the annual CIT payable is insufficient for the offset, it can be carried forward to future years for up to five years.
The CIT payable refers to the balance after multiplying the annual taxable income by the applicable tax rate and deducting the tax reductions and exemptions according to China’s CIT Law and relevant preferential policies.
Note that companies enjoying the tax incentives must use the transformed equipment themselves. If the equipment is transferred or leased within five tax years after the transformation is completed, the incentives must stop from the month the equipment is no longer in use, and the previously offset CIT must be repaid.
The “special equipment” eligible for the preferential tax treatment covers equipment purchased and used by companies listed in the Catalog of Special Equipment for Safe Production for Corporate Income Tax Incentives (2018 Edition) and the Catalog of Special Equipment for Energy Saving, Water Conservation, and Environmental Protection for Corporate Income Tax Incentives (2017 Edition).
This article is republished from China Briefing. Read the rest of the original article.
China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.
China
Revealing the Encouraged Industries of Hainan in 2024: Unlocking Opportunities
The 2024 Hainan Encouraged Catalogue, issued by the NDRC, MOF, and STA, aims to boost industries in the Hainan Free Trade Port. It prioritizes sectors like tourism, modern services, and high technologies, offering incentives for foreign investment and market access expansion since 2020. The Catalogue includes 176 entries across 14 categories, with 33 new additions focusing on cultural tourism, new energy, medicine and health, aviation, aerospace, and environmental protection.
The National Development and Reform Commission (NDRC), in collaboration with the Ministry of Finance (MOF) and the State Taxation Administration (STA), has issued the Catalogue of Industries Encouraged to Develop in Hainan Free Trade Port (2024 Version), hereinafter referred to as the “2024 Hainan Encouraged Catalogue.” The updated Catalogue took effect on March 1, 2024, replacing the previous 2020 Edition.
Beyond the industries already addressed in existing national catalogues, the new entries in the 2024 Hainan Encouraged Catalogue are based on practical implementation experiences and the specific needs within Hainan, prioritizing sectors such as tourism, modern services, and high technologies.
The Hainan FTP has been providing incentives to draw investors to invest and establish businesses in the region, especially foreign investment. Alongside a phased approach to opening the capital account and facilitating free capital movement, Hainan has significantly expanded market access for foreign enterprises since 2020, particularly in sectors such as telecommunications, tourism, and education.
The Hainan Encouraged Catalogue comprises two main sections:
Similar to the approach adopted by the western regions, foreign-invested enterprises (FIEs) should always implement their production or operations in accordance with the Catalogue of Encouraged Industries for Foreign Investment.
On top of the industries already addressed in existing national catalogues, the 2024 Hainan Encouraged Catalogue encompasses 14 distinct categories and a total of 176 entries especially encouraged in the region, including 33 new additions compared to the 2020 Edition. These new entries predominantly span cultural tourism, new energy, medicine and health, aviation and aerospace, and ecological and environmental protection, among others.
This article is republished from China Briefing. Read the rest of the original article.
China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.
China
Key Guidelines for Companies in Compliance Audits for Personal Information Protection Standards
China’s standards authority has released draft standards for personal information protection compliance audits, potentially making them mandatory for companies in 2023. The audits will require companies to undergo annual or biennial checks based on the number of people’s information they handle. The draft standards outline the audit process and requirements, seeking public feedback until September 11, 2024.
China’s standards authority has released draft standards for conducting personal information protection compliance audits. Regular compliance audits to ensure compliance with personal information protection regulations may become a requirement for companies in China under draft measures released in 2023. We explain the audit processes and requirements proposed in the draft standards.
The Standardization Administration of China (SAC) has released a set of draft standards for conducting personal information (PI) protection compliance audits. Under draft measures released by the Cyberspace Administration of China (CAC) in August 2023, companies that process the PI of people in China are required to undergo regular compliance audits.
Specifically, companies that process the PI of over one million people must undergo a compliance audit at least once a year, while companies that process the PI of under one million people must carry out an audit at least once every two years.
While the draft measures stipulate the obligations of the auditing body and the audit scope, the draft standards outline the specific audit process, including evidence management and permissions of the audit organization, as well as the professional and ethical requirements of auditors.
The Secretariat of the National Cybersecurity Standardization Technical Committee is soliciting public feedback on the draft standards until September 11, 2024. Public comment on the draft measures released in August last year closed on September 2, 2023, but no updated document has yet been released.
The draft standards outline five stages of the PI protection compliance audit: audit preparation, implementation, reporting, problem rectification, and archiving management.
Auditors are required to accurately document identified security issues in the audit working papers, ensuring that the records are comprehensive, clear, and conclusive, reflecting the audit plan and its execution, as well as all relevant findings and recommendations.
This article is republished from China Briefing. Read the rest of the original article.
China Briefing is written and produced by Dezan Shira & Associates. The practice assists foreign investors into China and has done since 1992 through offices in Beijing, Tianjin, Dalian, Qingdao, Shanghai, Hangzhou, Ningbo, Suzhou, Guangzhou, Dongguan, Zhongshan, Shenzhen, and Hong Kong. Please contact the firm for assistance in China at china@dezshira.com.
- China Provides Tax Incentives on Special Equipment for Green and Digital Development
- Revealing the Encouraged Industries of Hainan in 2024: Unlocking Opportunities
- Key Guidelines for Companies in Compliance Audits for Personal Information Protection Standards
- A Comprehensive Guide to China’s Expanded 144-Hour Visa-Free Transit Policy at 37 Ports
- Regulatory Changes in China Aim to Boost Service Sector Growth in Six Cities
- Adhering to Updated Registered Capital Regulations in China’s Revised Company Law
