Other Briefings
Shenzhen Raises Minimum Wage Levels
Mar. 11 – Shenzhen has raised its monthly minimum wage levels by RMB100 to RMB1,600 from March 1, 2013, while its hourly minimum wages have been adjusted from RMB13.3 to RMB14.5. This news comes after Guangdong Province recently announced wage hikes of nearly 20 percent that would have seen Guangzhou overtake Shenzhen as the city with the […]
AmCham South China Releases 2013 Special Business Report
“2013 Special Report on the State of Business in South China” and “White Paper” on the business environment in China now available Mar. 8 – The American Chamber of Commerce in South China launched its annual 2013 Special Report on the State of Business in South China as well as its White Paper covering the business […]
Guangdong Revises Minimum Wage Levels
The People’s Government of Guangdong will raise minimum wage levels across the province by an average of 19.1 percent from May 1, 2013. Detailed information can be found here.
Shenzhen Initiates Commercial Registration Reform
The People’s Congress of Shenzhen Municipality passed regulations on October 30, 2012 which state that commercial registration authorities shall no longer collect commercial registration fees starting from March 1, 2013.
Hong Kong Introduces Fund Management Tax Incentives
Mar. 1 – The Hong Kong government has introduced measures in its new 2013 budget aimed at promoting the development of the city as an international asset management center. Wanting to attract more overseas fund managers to the territory, Financial Secretary John Tsang said the government would introduce changes to the law to extend tax […]
Dongguan, the World’s Factory in Transition (Part II)
Feb. 28 – By transforming Dongguan from a collection of small towns into an international manufacturing giant in less than three decades, the so-called “Dongguan Model” has received worldwide recognition. Even when many manufacturing enterprises in China began suffering from rising production costs brought on by the appreciation of the renminbi in 2006, the manufacturing […]
Dongguan, the World’s Factory in Transition (Part I)
By Yao Lu Feb. 27 – Dongguan, the city known as the “world’s factory” even within China, is home to more than 10,000 foreign-invested enterprises and one of the largest global manufacturing bases. However, 30 years ago the city was just a collection of villages and towns spread out over 2,500 square kilometers on the […]
Introducing China’s First Casino With Non-Cash Winnings
Feb. 18 – A subtle shift has emerged in how China’s central government views gambling on the mainland, with the quiet opening of the Jesters casino bar, part of the Mangrove Tree Sanya Bay Resort World complex in Sanya, Hainan Island. In a concept that has the traditional casino operators watching from the sidelines, winnings […]
