Business Spotlights Industry News

Collaborative development of Shanghai's commodity trading platforms    < 2014-02-13 >

Shanghai sets sights on becoming international trade centre. Building an international trade centre is crucial to Shanghai’s “four centres” initiative (developing the city into an international economic, financial, shipping and trade centre). In setting up an international trade centre, commodity exchange is a very important aspect. Shanghai’s efforts in accelerating the establishment of various commodity trading platforms have reaped initial success in recent years. These platfo

Hong Kong companies tapping into Guangxi's logistics sector: Puzhai border trade zone, Pingxiang    < 2014-02-20 >

As China-Vietnam border trade gets ever busier, large amounts of finished products and farm produce are exported to Vietnam and elsewhere in Southeast Asia via Guangxi. These include home appliances and computer products from the Pearl River Delta region in Guangdong, textiles, light industrial goods, daily necessities and sundry hardware from the Yangtze River Delta region (including Jiangsu and Zhejiang), and temperate fruits from northwest and northern China. Merchants from all over China (e

Hong Kong companies tapping into Guangxi's logistics sector: International train services in Pingxiang    < 2014-02-20 >

Pingxiang is a Class 1 border checkpoint with international train services that connect directly to Hanoi, Vietnam in the south and to Beijing and Moscow in the north. In 2012, Pingxiang’s revenue from rail freight transport amounted to about Rmb150 million, accounted mostly by exports to Vietnam such as daily necessities, steel products and chemical raw materials. Imports from Vietnam going through this railway checkpoint consist mainly of mineral products and foodstuffs such as tea, rice and

Hong Kong companies tapping into Guangxi's logistics sector: Pingxiang Friendship Pass on China-Vietnam border    < 2014-02-20 >

Pingxiang is China’s largest overland border-checkpoint city that connects to the ASEAN. Currently it has two Class 1 border checkpoints, one Class 2 border checkpoint and four border trading posts. For successive years Pingxiang has ranked first among all Guangxi cities and counties in terms of eight criteria, including foreign trade imports and exports, cross-border import-export petty trade, import-export trade with Vietnam and import-export trade with ASEAN. It also ranks first nationally i

Hong Kong companies tapping into Guangxi's logistics sector: Nanning Bonded Logistics Centre    < 2014-02-20 >

Cold storage facilities are being constructed in two phases, The first phase, now operational, offers whole-process integrated cold-chain logistics services that encompass warehousing, distribution,  processing, inventory management, purchase and sale agency, financing and pledging, information platforms and business advisory services. Total planned area: 53.55 ha. Phase 1 of the project consists of a customs checkpoint area, an offices area, a customs inspection area and a bonded logistics ar

Guangxi's logistics sector: opportunities and challenges for Hong Kong companies    < 2014-02-20 >

Liujing Operation Area, Nanning. HKTDC’s Guangzhou Office recently made visits to the border ports of Guangxi, including Pingxiang and Dongxing, to study the local port facilities and other logistic infrastructures of their bonded zones, land ports and railway ports as well as the inland port of Nanning. This article analyses the findings of the study for reference by industry players. The first part is an overview of Guangxi’s logistics industry. The second part looks at the deve

2014 Chinese New Year sales: Fuzhou    < 2014-02-28 >

Spring Festival merchandise on the streets of Fuzhou. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. The following is the sales situation of three stores in Fuzhou:       Store Wanda Pl

2014 Chinese New Year sales: Chongqing    < 2014-05-03 >

A flying horse lantern ushers in the Year of the Horse. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. During the 2014 Spring Festival period, as major commercial districts, shopping centres and r

2014 Chinese New Year sales: Xi'an    < 2014-02-21 >

Spring Festival temple fair at Small Wild Goose Pagoda. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. According to statistics, from 31 January to 6 February 2014, the city of Xi’an had 4,768,000

2014 Chinese New Year sales: Chengdu    < 2014-05-03 >

A boisterous Spring Festival temple fair in Chengdu. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. According to data from Sichuan Provincial Department of Commerce, during the seven-day Spring Fe

2014 Chinese New Year sales: Beijing    < 2014-02-21 >

More spending goes to affordables this year. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. Beijing shopping centres during the festival period saw a general trend of mass-market consumption while

2014 Chinese New Year sales: Qingdao    < 2014-02-24 >

Qingdao’s bustling Chinese New Year goods market. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. Overall sales in Qingdao have posted moderate increase during the Chinese New Year period. New Yea

2014 Chinese New Year sales: Wuhan    < 2014-05-03 >

Lantern show at Donghu, Wuhan. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. Hubei in the Spring Festival period was marked by a brisk consumer market with stable prices. Reports from the Departm

2014 Chinese New Year sales: Hangzhou    < 2014-02-26 >

Spring Festival couplets calligraphy activity held in Hangzhou. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. With the Chinese New Year holiday drawing to a close, Hangzhou has released the retai

2014 Chinese New Year sales: Guangzhou    < 2014-05-03 >

Festive flowers are hot sellers in Guangzhou during Spring Festival. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. To the retail sector of Guangzhou, Chinese New Year is the most important sales

2014 Chinese New Year sales: Dalian    < 2014-02-27 >

Festive decorations at a shopping mall. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. The following is the sales situation of three leading stores in Dalian:       Store Dalian Friendsh

2014 Chinese New Year sales: Shenzhen    < 2014-05-10 >

Jubilant celebrations for the Spring Festival in Shenzhen. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. As local residents in Shenzhen prefer pre-holiday shopping, tourists visiting Shenzhen ove

2014 Chinese New Year sales: Xiamen    < 2014-02-28 >

Horse decoration for the home. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. The following is the sales situation of the three stores in Xiamen visited by HKTDC’s Fuzhou Office:     Store

2014 Chinese New Year sales: Nanjing    < 2014-05-10 >

Lantern display on Qinhuai River, Nanjing. HKTDC's mainland offices, namely in Beijing, Dalian, Qingdao, Xi'an, Shanghai, Hangzhou, Nanjing, Wuhan, Chongqing, Chengdu, Guangzhou, Fuzhou and Shenzhen, made market visits to high-end, mid-high end and mid-range shopping centres in their cities a week after the Chinese New Year to find out how holiday sales have fared this year. During the Spring Festival Golden Week, the retail market in Nanjing was so busy and lively that sales of

Innovations drive growth of consumer services platforms    < 2014-05-27 >

Scanning QR codes with a smartphone can trace production sources. In the last five years, total retail sales of consumer goods in Shanghai grew at an average rate of 13.86% a year, whereas the average rate of growth in sales on consumer services platforms was as high as 60.9%. Advancements in mobile technology, cloud technology and the Internet of Things (IoT) as well as the ubiquity of 3G and 4G networks have laid a foundation for innovations in e-commerce, while innovations in o

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