HKTDC RESEARCH

hktdc research

Guangdong Streamlines Enterprise-Related Licensing Approvals

14 July 2020

The Guangdong Provincial Department of Commerce recently issued a circular regarding its full-scale pilot reform separating business licences and operation permits.More

Topics: Mainland China, licensing, approval

China Steps Up Crackdown on IPR Infringement and Counterfeiting

14 July 2020

The Office of the National Leading Group on the Fight against IPR Infringement and Counterfeiting recently issued a circular outlining major tasks in its crackdown on IPR infringement and counterfeiting.More

Topics: Intellectual Property, Mainland China, intellectual property rights, ipr

Preferential Policies to Continue After Resource Tax Takes Effect

14 July 2020

The Ministry of Finance and the State Taxation Administration recently announced that preferential policies will remain effective after the Resource Tax Law comes into force on 1 September 2020 (Announcement No. 32 [2020])...More

Topics: Mainland China, resource tax, preferential policies

Guangdong Extends Provisional Reduction and Exemption of Social Insurance Contributions

13 July 2020

On 3 July, the Guangdong Provincial Department of Human Resources and Social Security, the Guangdong Provincial Department of Finance and the Guangdong Provincial Tax Service of the State Taxation Administration issued a joint circular (Yue Ren She Fa No. 122 [2020]) on extending the implementation of the provisional reduction and exemption of employers’ contributions to basic pension insurance, unemployment insurance and work-related injury insurance (three social insurances).More

Topics: Mainland China, social insurance, reduction and exemption policy

Dongguan Announces Special Fund for Supporting Imports, Exports and E-Commerce Platforms

13 July 2020

The Dongguan City Bureau of Commerce recently issued a document (Dong Shang Wu No. 54 [2020]) outlining measures for a special fund to support enterprises, promote recovery and maintain steady growth.More

Topics: Mainland China, special fund, imports and exports

China to Eliminate Excess Capacity in Key Industries Before End-2020

13 July 2020

The National Development and Reform Commission and five other departments recently issued a circular (Fa Gai Yun Xing No. 901 [2020]) calling on relevant government departments and central enterprises to promote the systematic reduction of excess capacity. More

Topics: Mainland China, capacity, iron and steel

Navigating Covid-19: A Post-Viral Marketer

13 July 2020

The Covid-19 shakeup poses the greatest test of creativity for marketing professionals since the Second World War. As a more frugal lifestyle is fast becoming the norm for everyone, now is also the time for businesses to invest in marketing in order to safeguard and increase market share and to build brand awareness across multiple channels and platforms.More

Topics: Hong Kong, marketing, branding

Special Funds to Promote SME Development in Guangzhou Development Zone and Huangpu

13 July 2020

Guangzhou’s authorities recently announced guidance for the administration of special funds intended to support small and medium-sized enterprises (SMEs) in the city’s Huangpu district and the Guangzhou Development Zone.More

Topics: Mainland China, small and medium-sized enterprises, smes

The Thai Watches and Clocks’ Market: Entry Strategies and Potential Partnerships

13 July 2020

Manufacturers looking to enter the watch market in Thailand can distribute their products directly to retailers, partner with a local distributor or set up their own flagship stores. Local distributors have market knowledge that can help them find the most suitable distribution channels.More

Topics: Watches & Clocks, Hong Kong, Southeast Asia, sme, fashion watches

SINGAPORE: China Announced as Latest Signatory to Covid-19 Cooperation Pact

13 July 2020

China is the latest country to sign up to an international initiative founded by Singapore and New Zealand, which aims to maintain trade and supply chain connectivity amid the ongoing challenge of the coronavirus outbreak.More

Topics: ASEAN, Southeast Asia, supply chain, export

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