EY’s On the Beam: Issue 5
Since 2013, investment institutions have started to increase their investments in private healthcare institutions in mainland China.
Though there hasn’t been a real local healthcare group, the modes of investment have become diversified, including the acquisition of healthcare institutions, the establishment of new healthcare institutions and the transformation of public hospitals.
Among them, private equity/venture capital investment institutions are attracting the most attention.
Chinese investment in overseas real estate has taken off like a rocket – increasing nearly tenfold in the last four years. While many Chinese investors have benefited from rapidly increasing prices in key investment destinations such as London, New York and Sydney, many continue to face headwinds in learning new markets and transforming themselves into truly global platforms.
These groups include traditional real estate developers, state-owned enterprises, high-net worth individuals, private equity firms and insurance companies.
To reduce the country’s dependence on fossil fuels and battle pollution, mainland China has a bold agenda to transition to a low carbon economy using cleaner energy. But capturing energy efficiency opportunities is not a simple matter.
More holistic energy savings solutions using market-based financing mechanisms are needed for energy efficiency to become a major contributor to China’s clean energy future.
In November 2014, China President Mr. Xi Jinpin said that China would commit to strengthening the cooperation on international tax matters, and tackling crossborder tax evasion and avoidance.
The message is consistent with the development of the global tax trends, including the on-going Base Erosion and Profit Shifting (BEPS) discussions and relevant actions undertaken by the Organisation for Economic Co-operation and Development (OECD).
Over the past few months, the Chinese tax administration has responded to the above statements and rolled out several major international taxation measures.
