MAINLAND CHINA

Democrats Reach Agreement to Move Mainland China Legislation Forward

22 November 2021

House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer reached an agreement on 17 November for the House and Senate to hold a conference on the mainland China-focused United States Innovation and Competition Act. According to a joint statement, “the House and Senate will immediately begin a bipartisan process of reconciling the two chambers’ legislative proposals” so that a final piece of legislation can be delivered to the president “as soon as possible.” More

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Belt and Road Summit 2021: Fostering Post-pandemic International Infrastructure Cooperation

22 November 2021

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Belt and Road Summit 2021: Driving Growth through Fostering Regional and International Trade

22 November 2021

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Belt and Road Summit 2021: “Greener” Bay Area: through the Sustainable Finance Lens

22 November 2021

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Belt and Road Summit 2021: Capital Raising and Financing through Hong Kong

22 November 2021

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Diversity and Connectivity: What You Need to Know about Greater Bay Area

22 November 2021

hktdc research

Guangdong Promotes Urban Consumption

19 November 2021

Guangdong has just announced 26 measures to promote the development of the Guangdong-Hong Kong-Macao Greater Bay Area into an international consumption hub and to boost consumption incentives and confidence in the region. These include measures to nurture industry giants, encourage chain operations and increase car consumption, and will remain in force until 31 December 2022. More

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China Releases Law-Enforcement Guide for Medical Beauty Advertising

19 November 2021

The National Administration for Market Regulation recently released a law-enforcement guide for ‘medical beauty’ advertising. The guide stipulates that any company hoping to publish or appoint an agent to publish medical beauty ads must first obtain a medical institution licence and a medical advertising certificate. More

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China’s Footwear Market

19 November 2021

With the Covid-19 pandemic ravaging the world economy, figures from the National Bureau of Statistics reveal that the value-added of China’s footwear manufacturing in 2020 was down 12.8% year-on-year. Compared to 2019, China produced two billion fewer pairs of shoes in 2020. In terms of global market share, China’s footwear output was 1 percentage point down from that of 2019. More

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China Introduces Targeted Re-lending Programme for Clean and Efficient Use of Coal

18 November 2021

The State Council executive meeting on 17 November decided to introduce a targeted re-lending programme with a quota of RMB200 billion to support the clean and efficient use of coal on the basis of the financial support tools for lowering carbon dioxide emissions adopted earlier. The aim is to adopt a sizable-scale policy to facilitate green and low-carbon development. More

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