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EU’s E-commerce Regulations Need Improvement in Relation to VAT and Customs Duties Claims EU Body

01 August 2019

In a Special Report published in July, the European Court of Auditors has examined the EU’s new rules on e-commerce which are scheduled to enter into force by 2021. The report raises various issues and concludes that many challenges surrounding the collection of VAT and customs duties remain yet to be resolved. More

hktdc research

China’s Toys and Games Market (5): Two-Child Parents’ Purchase Preferences

04 July 2019

A recent Mainland China toy consumer survey commissioned by HKTDC interviewed 180 parents who have two or more children in order to understand their toy purchase preferences. They spend 20% more on toys than one-child parents do, and make on average four more purchases a year. Also, they look for information on toys from more channels, and tend to examine more toy choices when online shopping. More

hktdc research

China’s Toys and Games Market (4): Information and Purchase Channels

27 June 2019

According to a survey conducted by the Hong Kong Trade Development Council (HKTDC) in China, shopping websites are now where the largest proportion of parents obtain toy information. With regard to shopping channels, specialised toy stores are parents’ most chosen shopping channel. This indicates that online shops and bricks-and-mortar stores are equally popular. More

hktdc research

EU Proposes Global Electronic Commerce Deal

17 May 2019

On 3 May 2019, the EU made public its proposed text on future rules and obligations on e-commerce as part of WTO negotiations on e-commerce endorsed by Ministers in the margins of the Davos World Economic Forum which was held earlier this year. More

hktdc research

Online Platforms to Become More Regulated Under Newly Agreed P2B Rules

19 February 2019

On 13 February 2019, the European Parliament, the Council of the European Union and the European Commission reached a political deal to finalize the legal text of the platform-to-business (P2B) Regulation. This will be the first EU law to address P2B relations, aiming to increase transparency in contractual interactions and provide effective redress for online businesses. More

market spotlight

Russian Christmas Shoppers Turn Practical

08 January 2019

While, on the surface, it would seem that Christmas spending has plateaued in Russia – with the 2018 per-consumer spend of US$225 almost identical to that of 2017 – the figures alone do not reflect the underlying change in buying patterns. More

hktdc research

Growing but Slowing: Christmas Sales Indicators Prove Mixed

28 December 2018

The end of the year has long been the busiest period for the world’s retailers, a time when shoppers prepare to celebrate Christmas and look to ready themselves for the New Year festivities. As a consequence, the year-end sales results in many of Hong Kong’s key export markets are seen as bellwethers of consumer demand in individual national and regional economies, which in turn provides some insight into likely export levels for the year to come. More

hktdc research

China Expands Cross-Border E-Commerce Scope and Updates Approved Import List

14 December 2018

A new series of regulatory changes are set to boost the overall level of cross border e-commerce retail imports. More

market spotlight

“Russia's Amazon” Overhauls Third-party Sales Platform Proposition

04 September 2018

Ozon.ru, Russia's largest and longest-established online retailer, is set to implement dramatic changes to its marketplace model, the facility that allows third-party businesses to access its nationwide sales and distribution platform. More

hktdc research

Accessing the ASEAN Consumer Market: Fashion and Accessories (Market Entry Strategies 2)

04 September 2018

For Hong Kong SMEs in the fashion and accessories industry interested in selling to the ASEAN markets, they should consider the pros and cons of various market entry methods, to choose an optimal market entry strategy which best suits their business needs. More

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