China (CN)

Jurisdiction Overview

IDQuestionAnswer
318 *CBCR: Are companies listed on the national stock exchange or incorporated in the jurisdiction required to comply with a worldwide country-by-country reporting standard? No public country-by-country reporting at all.
 Data Date: 2019

Notes

 
There are no public country-by-country reporting requirements in China. Recommendations made by the United Nations Environment Programme Finance Initiative, Principles for Responsible Investment, SynTao Green Finance and UK Pact on mandatory environmental, social and governance disclosure framework for the China Securities Regulatory Commission, the China Institute of Finance and Capital Markets and its domestic stock exchanges propose developing "corporate accountability on general economic contribution (including taxes, wages, local development and investment)" (UNEP, PRI, Syntao, UK Pact 2019, p.3). An earlier study by Global Witness (2013) also shows that in the absence of requirements on the Shanghai Stock Exchange, there is only limited information about overseas tax payments in the extractives sector by listed companies.

Sources

UNEP, PRI, Syntao, UK Pact 2019
 
Global Witness 2013
 
Email communication with PWYP International, 20.10.2017, 19.02.2019 & 05.08.2019
 
Meinzer & Trautvetter 2018
 
Freymeyer 2019
 
Email communication with Eurodad, 13.08.2019