# gig economy
Latest news and articles about gig economy
Total: 2 articles found
China Raises VAT Per‑Sale Threshold to 1,000 Yuan, Extends Relief to Small Businesses
China will raise the VAT per‑transaction threshold to 1,000 yuan from January 2026 and extend formal VAT threshold relief to registered small‑scale taxpayers (annual sales ≤5 million yuan). The rules preserve higher monthly/quarterly thresholds for periodic filers, carve out exceptions for sustained commercial activities, and strengthen withholding obligations for payers.
China’s Long Workweek Stalls After Nine Years — But Overwork, Low Wages and Underemployment Linger
Average weekly working hours for enterprise employees in China fell in 2025 after nine years of increases, a shift driven by limits to hours, growing anti‑overtime sentiment and better enforcement. Yet entrenched overwork among many and rising underemployment among others, combined with low hourly wages and higher employer social insurance costs, point to persistent structural problems that simple declines in hours will not solve.