MAINLAND CHINA

Shanghai FTZ Waives Statutory Visa Requirements for In-Demand Overseas Staff

02 December 2019

In addition to its recent move to attract more highly-skilled domestic personnel, the Lingang Special Area – part of the Shanghai Pilot Free Trade Zone – has also adopted a number of measures designed to make it easier and more appealing for non-mainland employees with desired skills to accept positions locally. More

hktdc research

China Trials Adjustments to Free Trade Zone Regulatory Environment

29 November 2019

To improve the business environment, stimulate the market and speed up government reform, the 14th Session of the 13th Standing Committee of the National People’s Congress authorised the State Council to temporarily adjust the legal provisions in the Pilot Free Trade Zones with effect from 1 December this year. More

hktdc research

China’s Elderly Market: Middle-Class Product Purchasers

28 November 2019

A consumer survey commissioned recently by HKTDC Research found that mainland consumers are buying senior-specific products ranging in price between several hundred yuan and over RMB1,000. Older people tend to use fewer shopping channels and rarely shop online. Also, mainland consumers’ main concern when buying senior-specific products is safety. However, products marketed as elderly-friendly do not necessarily be popular with older consumers. More

hktdc research

China Releases New Guidance Catalogue Covering Industrial Structure Adjustment

28 November 2019

Approved by the National Development and Reform Commission on 27 August 2019, the Industrial Structure Adjustment Guidance Catalogue (2019) has recently been released. It will take effect on 1 January 2020, superseding the 2011 version. More

venture hong kong

CEPA boon for services in Hong Kong

28 November 2019

As Hong Kong’s world-renowned service industries seek to expand beyond the city, some of the most fertile ground is just to the north – in Mainland China, especially the Guangdong-Hong Kong-Macao Greater Bay Area. More

hktdc research

Bikes, Lamps, Tables, Chairs, Other Items Among New China List 3 Tariff Exclusions

28 November 2019

Additional exclusions from the Section 301 additional 25 percent tariff on List 3 goods from mainland China were recently announced by USTR. Affected products include certain electric lamps, outdoor tables, folding chairs and tables, vacuum cleaners, starter motors, bicycles, carts, canoes and foldable stepladders. More

hktdc research

Association Representing Outdoor Industry Decries Impact of Section 301 Tariffs

28 November 2019

The U.S. Outdoor Industry Association recently released a statement decrying the effect on their members of the Section 301 tariffs that are being applied on a growing share of U.S. imports from mainland China. More

inside china

Belt and Road delivers clean water to Bangladesh

27 November 2019

Late last month, Sheikh Hasina Wazed, the Prime Minister of Bangladesh, was the guest of honour at the official opening of the Padma (Jashaldia) Water Treatment Plant. More

hktdc research

China Streamlines Tax Payment Services

27 November 2019

The Manual of Tax Services (Version 3.0) and the Operation Manual on Tax Collection and Administration - both issued recently by the State Taxation Administration (STA) - came into force nationwide on 1 November. More

hktdc research

The Greater Bay Area: Driving Growth and Building Bridges

27 November 2019

Set up in 2008, Scania (Hong Kong) Limited is a wholly-owned subsidiary of its Swedish parent company. Its trucks and coaches play a significant role in making the recently opened Hong Kong-Zhuhai-Macao mega-bridge a success. The Swedish manufacturing giant, which offers sales and services in more than 100 countries worldwide, has already begun to put the building blocks in place to occupy the GBA driving seat. More

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