Outbound Investment of Chinese Enterprises: Hong Kong the First Port of Call for Professional Services (Executive Summary)
China is now the world’s 3rd largest source of FDI, amid the nation’s promotion of its "Belt and Road" Initiatives. Chinese enterprises are seeking services support for their “going out” initiatives – with Hong Kong proving their first port of call. This report outlines the HKTDC survey with regard to such demand in Bohai area, and provides a comparison with similar surveys conducted in the PRD and YRD.
City looks to capitalise on growth of online sales and its preeminent international trading role. Guangzhou has devised a blueprint for its future online development. Billed as the "1+1+9" initiative, the programme has been designed to establish a designated cluster of e-commerce operators in each of the city's districts.
Vietnam's Ministry of Finance is proposing to levy a special consumption tax on certain imported goods. The move is believed to be in light of both the looming implementation of the ASEAN Economic Community (AEC) initiative and the success of the recent negotiations to establish a Free Trade Agreement (FTA) between Vietnam and the EU.