MAINLAND CHINA

China to Implement Anti-Monopoly Reviews on Business Operators

16 November 2020

The State Administration for Market Regulation (SAMR) recently released Interim Provisions on the Review of Concentration of Business Operators, which will take effect on 1 December 2020. More

hktdc research

Shenzhen Promotes Accelerated Development of E-Commerce

13 November 2020

The General Office of the Shenzhen Municipal People’s Government recently released several measures promoting the accelerated development of e-commerce in the city (Shen Fu Ban Gui No. 9 [2020]). More

hktdc research

China Releases 20 National Standards on Infant Products, Textiles and Other Goods

13 November 2020

The State Administration for Market Regulation recently released 20 national safety standards covering infant products, textiles, shoes and consumer goods. More

hktdc research

Business Groups Urge USTR to Extend Section 301 Tariff Exclusions

12 November 2020

In a 5 November letter to USTR Robert Lighthizer, the 160 trade association members of the Americans for Free Trade coalition requested a six-month extension of all Section 301 tariff exclusions expiring on 31 December 2020. More

hktdc research

China Unveils New-Energy Vehicle Development Plan

12 November 2020

On 2 November, the General Office of the State Council released a new-energy vehicle (NEV) industry development plan for 2021-2035 (Guo Ban Fa No. 39 [2020]). The plan is aimed at expanding the NEV sector and building automotive manufacturing capacity. More

hktdc research

China to Establish 10 Demonstration Zones to Promote Innovation in Import Trade

12 November 2020

Li Xingqian, director of the foreign trade department of the Ministry of Commerce (MOFCOM), disclosed in Shanghai on 4 November (inaugurating the opening of the Third China International Import Expo) that MOFCOM and eight other government departments have approved the establishment of 10 demonstration zones across the country to promote imports by creative means. More

hktdc research

Hong Kong’s Future Development Direction: A Logistics and Trading Nexus

12 November 2020

Hong Kong has always been a bridge through which the mainland engages in external trade, offering a two-way gateway for mainland enterprises looking to “go out” and overseas enterprises planning to expand their business in the mainland. Having consolidated the insights given by senior business executives in various sectors in the GBA, PricewaterhouseCoopers Advisory Services Ltd. (PwC) has put together a raft of proposed measures for enhancing Hong Kong’s status as a logistics and trading nexus. More

hktdc research

Exported Goods Returned Due to Force Majeure Exempted from Import Duties

11 November 2020

The Ministry of Finance, the General Administration of Customs and the State Taxation Administration jointly announced on 2 November (No. 41 [2020]) the waiving of import duties on exported goods that are returned due to force majeure during the Covid-19 pandemic. More

hktdc research

The Greater Bay Area: A Boon for Tourism

11 November 2020

Croatia’s picturesque natural landscapes and unique cultural heritage are the main attractions on which its successful tourism industry relies. Hong Kong travel agent Croatia Travel has been operating tours to Croatia for several years. Its founder, Justin Chan, believes that the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is where companies should start looking when trying to encourage mainland tourists to Croatia. More

hktdc research

China Announces 2021 Fertiliser Import Tariff Quotas and Application Procedures

11 November 2020

The Ministry of Commerce recently published details of import tariff quotas on fertilisers for 2021, covering total quantity, allocation rules and relevant procedures (Announcement No. 52 [2020]). More

Page of 455