Other Briefings
Chengdu to Become a Municipality?
If true, Sichuan will need a new capital city Op-Ed Commentary: Chris Devonshire-Ellis Aug. 22 – Rumors have been persistent in Sichuan recently that the capital city, Chengdu, may be re-designated as a municipality, just as Chongqing was in 1997. If enacted, the move would see Chengdu’s elevation to municipal status reporting directly to Beijing, […]
Vietnam vs. China Part I: Representative Offices
When considering Asia for your business operations, establishing an initial presence in Vietnam can be more economical than doing so in China By Rosario Di Maggio Jul. 30 – Many foreign investors operating in China today are looking at Vietnam as a sort of additional “province” or alternative hub to integrate into their current Chinese […]
New Hong Kong-Shenzhen Qianhai Zone Signs Deals Worth US$35 Billion
Jul. 19 – The new financial and modern services development zone in Qianhai, a Hong Kong-Shenzhen joint venture supported by the State Council, saw 37 firms sign contracts worth a total of RMB220 billion (US$34.54 billion) with officials from Qianhai in Hong Kong on Monday, according to the Shenzhen Daily. Of the 37 firms, 12 […]
Joint Ventures Back in Vogue for Accessing China’s Central Regions
Local knowledge sought out when investing for new market penetration in inland and western regions Op-Ed Commentary: Chris Devonshire-Ellis Jul. 18 – A growing trend in China is the desire for MNCs to look at China’s central and western regions for market development and growth, as these areas provide the surest bet of securing high […]
Shenzhen Issues 2012 Salary Guide
Jul. 13 – The Shenzhen Municipal Bureau of Labor and Social Insurance recently issued the “Shenzhen Municipal Human Resources Market Salary Guide (2012) (hereinafter referred to as ‘Salary Guide’).” The data in the Salary Guide is based on random surveys of employees across different industries in the city. Shenzhen’s overall high, median and low monthly […]
Hong Kong Amends Mandatory Contribution Levels for MPF
Hong Kong has recently passed legislation that will amend the maximum level of relevant income for compulsory Mandatory Provident Fund (MPF) contributions, effective from June 1, 2012.
Shanghai Issues Guidelines on Wage Increases for 2012
The Shanghai government issued a notice on May 21, specifying the government’s suggested 2012 wage increases for enterprises in Shanghai.
Huizhou Launches Enterprise Registration and Examination Reform
The Huizhou government held a mobilization conference on May 17 to officially launch its enterprise registration and examination trial reform.
