HKTDC RESEARCH

18 January 2021

The global coronavirus crisis is driving many companies, especially small businesses, to the brink. However, some entrepreneurs - like Hong Kong snooker star Marco Fu - see it as a golden opportunity to pursue a bigger, better vision for the future. Fu has opened the world’s first snooker school for children.More

Topics: Education & Training, Hong Kong, CUE SPORTS, SNOOKER

China to Launch Unified Platform for Issuance of Agricultural Subsidies

18 January 2021

China’s Ministry of Finance, Ministry of Agriculture and Rural Affairs, Ministry of Civil Affairs and other government departments recently released joint guidelines (Cai Ban No. 37 [2020]) on the issuance of agricultural subsidies through an “all-in-one card”.More

Topics: Mainland China, subsidies, ALL-IN-ONE CARD

China Further Deepens Judicial Authentication System Reform

18 January 2021

The Ministry of Justice recently issued guidelines on further deepening reform, strengthening the supervision, and improving the quality and credibility of judicial authentication management system (Si Fa No. 1 [2021]).More

Topics: Mainland China, FORENSIC AUTHENTICATION

Smart City Development: New Retail Experiences

18 January 2021

The development of smart cities gives rise to the expansion of big data and the extensive use of technologies, which play a pivotal role in bringing new approaches to retail management and shopping experiences. In particular, the application of technological solutions creates the possibility of transforming conventional brick-and-mortar outlets into interactive points of sale and opens up a series of new retail experiences.More

Topics: Technology, smart city, SMART RETAIL

CAMBODIA: Hong Kong Free Trade and Investment Agreements Now In Force

18 January 2021

According to Trade and Industry Department (TID), terms relating to Cambodia under the Free Trade Agreement (FTA) and the Investment Agreement (IA) between Hong Kong and the member states of the Association of Southeast Asian Nations (ASEAN) will take effect on 12 February 2021, signifying the two Hong Kong-ASEAN agreements will come into effect in full.More

Topics: ASEAN, Southeast Asia, fta, market access

State Council Approves Draft Stamp Duty Law

15 January 2021

The State Council executive meeting chaired by Premier Li Keqiang on 4 January passed the draft stamp duty law, which will bring stamp duty on securities trading into legal norms.More

Topics: Mainland China, stamp duty

China Updates Catalogue of Dual-Use Items and Technologies

15 January 2021

China’s Ministry of Commerce and the General Administration of Customs recently issued an updated Catalogue of Dual-Use Items and Technologies Subject to Import and Export Licence Administration (Announcement No. 75 [2020]). More

Topics: Technology, Mainland China, dual-use items, technology

PAKISTAN: Bid to Woo Overseas Investors Via Technology Zones Authority

15 January 2021

Pakistan has established a Special Technology Zones Authority (STZA) in a bid to boost the country’s information technology (IT) sector and attract a higher level of overseas investors.More

Topics: Other Asian Countries, Pakistan, special technology zone, fdi

All Cotton and Tomato Products from XUAR Subject to New Import Detention Order

14 January 2021

U.S. Customs and Border Protection has announced a new withhold release order that effective 13 January requires the detention at all U.S. ports of entry of all cotton products and all tomato products grown or produced by entities operating Xinjiang Uyghur Autonomous Region. These products include apparel, textiles, tomato seeds, canned tomatoes, tomato sauce and other goods made with cotton and tomatoes.More

Topics: Food & Beverages, Garments, Textiles & Accessories, North America, Mainland China, trade dispute, Labour Rights

China Allows Imports of Recycled Iron and Steel Materials

14 January 2021

A new national standard “Recycling Iron-Steel Materials” (GB/T 39733-2020) released by the State Administration for Market Regulation on 14 December 2020 came into force on 1 January 2021.More

Topics: Environmental Protection, Mainland China, RECYCLED STEEL RAW MATERIALS, FOREIGN WASTE

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