MAINLAND CHINA

UPS has been operating in the Asia-Pacific region for more than 30 years. In the opinion of Lauren Zhao, Managing Director of UPS Hong Kong and Macao, the availability of a large, well trained talent pool and the rapid development in the Guangdong-Hong Kong-Macao Greater Bay Area are poised to fuel the expansion of cross-border logistics services. More

The mainland’s footwear market increasing steadily. The total value of mainland footwear sales in 2018 was RMB411.3 billion, a 7.7% year-on-year increase. By 2021, it is estimated that the mainland footwear market will be worth around RMB522.3 billion. As the low-carbon, eco-friendly trend is drawing more and more public attention, various brands are introducing low-carbon products using green raw materials, energy conservation and recyclability. More

The U.S. Department of Commerce’s Bureau of Industry and Security has issued a final rule extending for an additional 90 days, from 20 August through 18 November, the temporary general licence authorising specific, limited engagement in transactions involving the export, re-export and transfer of items subject to the Export Administration Regulations to Huawei Technologies Co. Ltd. and its non-U.S. affiliates. More

The General Administration of Customs has issued a clarification with regard to the implementation and interpretation of the Catalogue of Encouraged Industries for Foreign Investment (2019 Edition), as previously jointly promulgated by the National Development and Reform Commission and the Ministry of Commerce. More