Welcome to the October 2009 edition of China Pulse, the newsletter for the U.S. Commercial Service in China ("CS China"). CS China offers you the resources you need to grow your business in China. By partnering with CS China, the U.S. Embassy's and the Consulates' contacts and expertise are put to work for your business. Knowledgeable Commercial Service specialists and American Trading Center ("ATC") representatives can help you contact and set up appointments with Chinese organizations in 19 cities in China. Our customer service team can help you identify top regional markets and opportunities to export your product to China. Set up an appointment with with customer service team.
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China Coal & Mining Expo
October 27-30, 2009 (Beijing)
China’s 13th International Technology Exchange & Equipment Exhibition on Coal & Mining is China’s longest running tradeshow.
www.chinaminexpo.com/jieshao/index.asp
InfoComm China
November 10-12, 2009 (Beijing)
Previously known as Integrated Systems China, InfoComm China 2009 is the 6th in the series of dedicated ProAV tradeshows organized by InfoCommAsia Pte Ltd for the China market. This show is supported by the Ministry of Science and Technology.
www.infocomm-china.com
Marintec China 2009
December 1-4, 2009 (Shanghai)
For the past 28 years, Marintec China has played a role in bringing international industry players together in one location to share the latest technology news and valuable experience this maritime conference and exhibition.
www.marintecchina.com
Automechanika Shanghai 2009
December 9-11, 2009 (Shanghai)
The 4th Automechanika was held at the Shanghai New International Expo Centre from 10 to 12 December and attracted over 30,500 visitors and more than 1,900 exhibitors. The next Automechanika Shanghai will take place from 9 to 11 December 2009.
www.messefrankfurt.com
China to allow foreign-invested companies to list
China will gradually reduce limits on equity stake proportion in investment from overseas companies, allowing qualified foreign-invested enterprises to list in the country's stock market, Chen Deming, Minister of Commerce, said Tuesday. The move aims at expanding cooperation fields between China and foreign countries, innovating investment avenues and optimizing foreign investment structures. It will encourage foreign companies to develop high technology industry, promote outsourcing industry, and support investment in clean technology, energy saving and environmental protection industry. The country will also create a convenient law and policy environment in mutual investment, gradually granting foreign-funded enterprises the same treatment as their Chinese counterparts.
By CTR http://www.ctrchina.cn/ctrwebsite/en/index.php
Green technology may spark new U.S.-China trade boom
Many experts foresee a green trade boom between the United States and China due to their enormous energy demand, but when that will come and how large it will be remain unclear. Energy experts differ so widely in their opinions on the issue that those who look forward to a boom consider its potential "huge." Others, however, are more cautious in their outlook. Jing Su, director of the U.S.-China program at the American Council on Renewable Energy, said America could provide technology to help China convert its infrastructure to lower carbon platforms. The two countries, Su said, need to move beyond lip service and begin developing tangible plans for action in their green energy cooperation.
By CTR http://www.ctrchina.cn/ctrwebsite/en/index.php
Foreign Investment Can Be Introduced To Tourism and Performance Market
Chinese Ministry of Culture, the National Tourism Administration jointly issued “on the promotion of culture and tourism with the development of guidance”, Presented every two years 8 to 10 pairs of local cultural tourism festival to support.
According to guidance, from 2010 onwards, every two years to launch a Chinese theme of cultural tourism, held every two years term of the China International Cultural Tourism Festival, guide the regional cultural tourism festivals.
In addition, Tourism hot spots as the focus, Taken to the local declaration, the Ministry of Culture and the National Tourism Administration determined that the way, braid two-year "list of key projects of national cultural tourism", major support Pairs included in the list of cultural tourism projects in the industry, policy, project approval, information services and marketing support and other issues key.
Performed for the domestic tourism market, market access issues, guidance should have a new set. To encourage consolidation of existing resources, the use of performing arts, To encourage social capital to invest in shares, holding companies, mergers and acquisitions, etc. to enter the tourism market performance, to allow an appropriate level of foreign capital investment in the domestic tourism performance market.
By Ramrayt Co., Ltd, http://www.ramrayt.co
New China Market Research |
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Healthcare Technologies Resource Guide
Members of the Global Healthcare Technologies Team are your primary export resource and should be your first point of contact when you plan to expand internationally. Why should you work with the Global Healthcare Technologies Team?
Our Team of international trade specialists provide export assistance by helping you identify markets of opportunity and connecting you with qualified distributors and partners in foreign markets
• We provide up-to-date market research produced by our overseas specialists on market conditions, industry-specific information, areas of growth and opportunity, local competition, distribution channels, and more.
• We disseminate trade leads at the request of foreign buyers
• We are present at a most large international trade shows across the globe in an effort to maximize your time at these events through matchmaking and pre-show promotional campaigns to foreign buyers
• We offer market and issue-specific webinars with industry experts that you can participate in without leaving your desk
• We organize trade missions to markets that hold great opportunities
• We maintain and build partnerships with industry associations to jointly promote your interests
For full guide please go to http://www.buyusainfo.net/docs/x_9208213.pdf
Automotive Resource Guide
Members of the Global Automotive Team are your primary export resource and should be your first point of contact when you plan to expand internationally. Why should you work with the Global Automotive Team?
• Our Team of international trade specialists provide export assistance by helping you identify markets of opportunity and connecting you with qualified distributors and partners in foreign markets
• We provide up-to-date market research produced by our overseas specialists on market conditions, industry specific information, areas of growth and opportunity, local competition, distribution channels, and more.
• We disseminate trade leads at the request of foreign buyers
• We are present at a most large international trade shows across the globe in an effort to maximize your time at these events through matchmaking and pre-show promotional campaigns to foreign buyers
• We offer market and issue-specific webinars with industry experts that you can participate in without leaving your desk
• We organize trade missions to markets that hold great opportunities
• We maintain and build partnerships with industry associations to jointly promote your interests
For full guide please go to http://www.buyusainfo.net/docs/x_9563397.pdf
China’s Disaster Protection Market
China’s disaster protection market is still at an early stage of its development. Huge losses caused by the
Sichuan earthquake and blizzards in recent years motivated the Chinese central government’s decision to improve its disaster protection capability through solid investment. This initiative and ongoing post-disaster reconstruction as well as China’s four trillion RMB economic stimulus package will bring tremendous opportunities to U.S. safety and security technology companies selling into the disaster protection market. Given that Chinese government departments and agencies are major buyers of disaster protection products and services, American firms need to be well acquainted with China’s relevant legal and regulatory requirements, such as Chinese Compulsory Certification, and find appropriate Chinese partners in order to devise and pursue winning market entry strategies.
For full article please go to http://www.buyusainfo.net/docs/x_661164.pdf
For other Market Research Reports, search the Market Research Library.
Chinese outbound direct investment (ODI) has increased dramatically since the PRC government introduced the "go abroad" policy earlier this decade (see China's Outbound Investment Rules). Though China's high savings rate and stock of foreign exchange reserves suggest that the country has the potential for substantial investment outflows, ODI was initially slow to develop, rising into the $10-$20 billion range only after 2004. Thanks to the recent acceleration, however, outbound flows have risen at a compound average growth rate of roughly 60 percent from 2000 to 2007, and expanded at a similar rate in 2008, according to the PRC Ministry of Commerce (MOFCOM). Although Chinese ODI dropped early this year, outflows picked up in the second quarter; total ODI for 2009 may not be much different from last year's $52.2 billion. Mainland China now ranks third among developing countries (after Brazil and Russia) for ODI flows and fifth overall (after Russia, the British Virgin Islands, Singapore, and Taiwan) in terms of ODI stock. More relaxed rules and PRC government support for enterprises that want to enter overseas markets have made China one of the most active investors of the emerging world. Still, China's investment remains dwarfed by global ODI, to which China contributes only about 1 percent, according to the Organization for Economic Cooperation and Development.
In 2007, the most recent year for which detailed Chinese ODI figures are available, China's ODI stock totaled nearly $118 billion while ODI flows exceeded $26 billion, according to MOFCOM. This is a massive increase compared with historic levels. For example, from 1982 to 1989, annual ODI flows were less than $500 million, and between 1990 and 1999, this amount rose to just above $2 billion. But in 2005, the year of the first big surge, ODI flows jumped to $12.3 billion, and they continued to surge up to the outbreak of the global crisis at the end of 2008. A decade ago, outflows were dwarfed by annual foreign direct investment (FDI) inflows of $30-$50 billion. In recent years, outflows have risen from about 5 percent of inbound FDI to equal roughly one-third of inflows.
For full article please go to http://www.chinabusinessreview.com/public/0909/intro.html
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The incidence of fraud or, more broadly, noncompliance increases during times of economic stress for many reasons. Individuals under duress are more likely to do things they would not do during normal times, from outright theft of company assets—such as cash, fixed assets, and intellectual property (IP)—to fraudulent acts to enhance job security. Disgruntled ex-employees may seek revenge. Distributors and vendors are more likely to seek unfair advantage to boost their businesses and may conspire with procurement or sales departments. Though such activities occur everywhere, one must be especially vigilant in China, for the reasons laid out below.
Fraud and noncompliance are also more likely to come to light in tough times. When business is good, companies tend to focus on revenue generation, and many types of fraud, especially those involving marketing, advertising, travel, entertainment, and procurement, are easy to conceal. During challenging times, management focuses more on the expense side of the income statement and on operations, uncovering fraud and noncompliance as a result. In addition, as people are laid off or transferred, day-to-day operational frauds that require the sustained attention of the fraudster are more likely to be exposed.
For full article please go to http://www.chinabusinessreview.com/public/0909/hawke.htm
The American Chambers of Commerce in China |
SAVE THE DATE: AmCham-China Charity Ball
Auto Parts Study – An in depth look |
San Francisco Evening with San Francisco Mayor’s Office and ChinaSF Advisory Board, and a special California Wine Tasting |
Midnight Feature—2009 AmCham Winter Ball on Oct 31st! Don't be left out! |
AmCham-China Now More Than Ever is Your Critical Business Resource
AmCham-China means business and, especially for small and medium-sized enterprises (SMEs), joining AmCham-China now is a great value. SMEs joining AmCham-China by June 30, 2009 receive a promotional package worth RMB 6,600. For detailed information, please call (8610) 8519-0800 or email promo@amchamchina.org. Click here to complete our online application now
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The American Chamber of Commerce in Shanghai, known as the “Voice of American Business” in China, is the largest and fastest growing American Chamber in the Asia Pacific region.
AmCham Shanghai’s mission is to support the success of our members by promoting a healthy business environment in China, strengthening U.S.-China commercial ties and providing high-quality business information and resources. Visit our membership page on he AmCham Shanghai website to find out how you and your company can benefit. |
The American Chamber of Commerce in South China is a non-partisan, non-profit business organization, certified in 1995 by the U.S. Chamber of Commerce in Washington D.C. AmCham South China represents more than 1,200 American and International companies doing business in South China.
For more membership information please visit our members page. |
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CS China offers the resources you need to grow your business in China. By partnering with CS China, the U.S. Embassy's and the Consulates' contacts and expertise are put to work for your business. Knowledgeable Commercial Service specialists and American Trading Center ("ATC") representatives can help you contact and set up appointments with Chinese organizations in 19 cities in China. Our customer service team can help you identify top regional markets and opportunities to export your product to China. Set up an appointment with with customer service team.
China Pulse is Commercial Service China’s official e-newsletter! Inside you will find the latest business news, exciting export opportunities, and inside strategies to help you maximize your success in the China market today! Subscribe to the China Pulse.
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