Smart Devices and Wearables Excite in 2016 Electronics Market: Autumn 2015 Hong Kong Electronics Fair Survey
Smart products, along with wearable electronics and mobile devices are expected to be the key products in the electronics market. Despite many predicting flat sales in 2016, consumers’ willingness to pay extra for smart features should help to bolster the sector. Industry sentiment towards overseas markets remains positive across the board, with China, North America and Western Europe seen as having the highest potential.
EU Continues to Ponder Market Economy Status for Mainland China; Future of an Investment Agreement Also Within View
Hong Kong traders with business interests in the EU may like to be kept abreast of the EU’s continuing considerations over whether to award mainland China market economy status by the end of next year. On 30 October 2015, it was reported that EU trade officials were still mulling over whether WTO members would be legally required to treat mainland China as a market economy in anti-dumping investigations.
Chinese enterprises’ demand for brand and design services provides ample opportunities for any related service providers. But service providers should take note that Chinese enterprises are seeking much more diversified services as they look to penetrate different market segments. They must also understand the development strategies of different consumer brands and industrial firms in order to tailor their services to fit the needs of their clients.