Other Briefings
China’s Second Tier Cities – the New Kids on the Block
By Nicholas Hughes Jul. 6 – The HSBC Trade Exchange took place at the Park Hyatt Hotel in Shanghai’s World Financial Center last week from June 27 to June 30. It saw the gathering of business leaders from firms across Europe to understand more about the vast opportunities that are presented by the Chinese market. […]
New Development Zone in Tianjin to Further Boost FDI
Jul. 4 – Tianjin has been historically regarded as one of the major trading centers in China for its convenient location, abundant natural resources, and rich culture. Today, Tianjin is still regarded as a major trading hub, as it can be seen in the economic success of the area. In 2010, Tianjin’s GDP hit roughly […]
Hong Kong to Return 75% of Salaries Tax to 1.5 Million Taxpayers
The Hong Kong Legislative Council passed the Inland Revenue (Amendment) (No.3) Bill on June 8, confirming that individual taxpayers will see a 75 percent deduction in salaries tax and tax under personal assessment payable for the year of assessment 2010/2011. The total reduction of each case will be subject to HK$6,000.
Guangzhou Encourages Better Utilization of Foreign Capital
South China’s economic hub – Guangzhou, recently issued a new official document emphasizing that the government will give more incentives to foreign direct investment attraction. The document pushes Guangzhou to have more sectors open to FDIs, offer more fiscal support as well as regulatory convenience, and build up better infrastructure.
An Introduction to Indian Trade with Eastern China
Jun. 2 – India-China bilateral trade for 2010 stood at US$61.76 billion, an increase of 42.73 percent year-on-year. Presently, China is India’s largest goods trading partner (excluding trade in services), having surpassed the United States in 2007, while India is China’s 10th largest trading partner. In recent years, overall trade between the two countries has […]
St. Regis Opens Luxury Hotel in Lhasa
Jun. 2 – The St. Regis chain of luxury hotels, part of the Starwood Group, has just opened a five-star resort property in the Tibetan capital of Lhasa. The design of the St. Regis Lhasa is inspired by a nearby and still active monastery and is the highest altitude hotel in the world at 12,000 […]
Mongolia Connects to Hong Kong with Direct Flights and Consulate
May 31 – Mongolia has strengthened its ties with Hong Kong through the creation of a new consulate, and the establishment of bi-weekly direct flights to Ulaanbaatar. The links bring increased exposure to the financing and business opportunities in the country as Mongolia seeks to attract investors to help the nation develop its new-found wealth.
China as a Role Model for Green Economic Development
By Tommaso Carnaroli SHENZHEN, May 30 – The 3rd Nobel Laureate Symposium on Global Sustainability was held in Stockholm, Sweden on May 18 with the aim of preparing a document to be presented during the World Conference on the Environment which, exactly 20 years after its debut, will take place next year in the city […]
