15/06/2022 l Supply Chain from China
Since the beginning of June, Beijing and Shanghai businesses have reopened and residents have been released after a very long and strict lockdown, but some districts and communities are still in lockdown. These lockdowns have contributed to the difficult circumstances which already affected global supply chains since the year before. In March 2022, we already presented a gloomy logistics outlook for 2022 (see following link). Unfortunately, our fears that new Covid-outbreaks in China may lead to...
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Since the beginning of June, Beijing and Shanghai businesses have reopened and residents have been released after a very long and strict lockdown, but some districts and communities are still in lockdown. These lockdowns have contributed to the difficult circumstances which already affected global supply chains since the year before. In March 2022, we already presented a gloomy logistics outlook for 2022 (see following link). Unfortunately, our fears that new Covid-outbreaks in China may lead to...
> read more
01/06/2022 l Incentives and funding for tech SMEs in China
When planning to enter China, many European companies wonder whether it is possible to get any incentives or subsidies in China. Recently, the EU SME Centre published an extensive report about this topic. In this article we present a summary, but more details can be found in the EU SME Centre’s report, freely accessible by EU SMEs and business organisations at https://www.eusmecentre.org.cn. A recording of the recent webinar can also be found at the following link: https://www.youtube.com...
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When planning to enter China, many European companies wonder whether it is possible to get any incentives or subsidies in China. Recently, the EU SME Centre published an extensive report about this topic. In this article we present a summary, but more details can be found in the EU SME Centre’s report, freely accessible by EU SMEs and business organisations at https://www.eusmecentre.org.cn. A recording of the recent webinar can also be found at the following link: https://www.youtube.com...
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11/05/2022 l How to Manage your China Business in Corona Times?
Many European companies are still struggling how to manage their China business from a distance. For those who haven’t started in China yet, should they better completely forget about the China market in the first place? I don’t think so… We have a good solution for this problem. In the past 2 decades many of our customers and projects have managed to be successful in China without a legal entity or a full-time team in China during the first years of their China project. H...
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Many European companies are still struggling how to manage their China business from a distance. For those who haven’t started in China yet, should they better completely forget about the China market in the first place? I don’t think so… We have a good solution for this problem. In the past 2 decades many of our customers and projects have managed to be successful in China without a legal entity or a full-time team in China during the first years of their China project. H...
> read more
05/05/2022 l 'Dual Circulation' explained
Since 2020, the Chinese government has started to propagate the concept of ‘dual circulation’. Dual circulation refers to domestic circulation on the one hand and external circulation on the other hand. The term ‘circulation’ is a well-known concept in economics; however, separating the economy into internal and external circuits as the basis for macroeconomic policies is rather unusual. The term ‘internal circulation’ refers to the improvemen...
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Since 2020, the Chinese government has started to propagate the concept of ‘dual circulation’. Dual circulation refers to domestic circulation on the one hand and external circulation on the other hand. The term ‘circulation’ is a well-known concept in economics; however, separating the economy into internal and external circuits as the basis for macroeconomic policies is rather unusual. The term ‘internal circulation’ refers to the improvemen...
> read more
19/04/2022 l China's re-opening in 2023?
China is fighting the biggest surge in coronavirus cases since the start of the pandemic, with millions under lockdown and the healthcare system under pressure. One of the last countries sticking to a zero-Covid strategy, China aims to stamp out every infection with strict lockdowns and by sending all cases to secure facilities. Stories of desperation are emerging from several Chinese cities, including Shanghai. Affected by the continuing epidemic, in the past weeks several ...
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China is fighting the biggest surge in coronavirus cases since the start of the pandemic, with millions under lockdown and the healthcare system under pressure. One of the last countries sticking to a zero-Covid strategy, China aims to stamp out every infection with strict lockdowns and by sending all cases to secure facilities. Stories of desperation are emerging from several Chinese cities, including Shanghai. Affected by the continuing epidemic, in the past weeks several ...
> read more
15/04/2022 l China’s new Personal Information Protection Law (PIPL)
In this article we take a look at China’s Personal Information Protection Law, the difference with the European GDPR and what this new legal framework means for your business in China. The new law was promulgated on 20 August 2021 and took effect on 1 November 2021. The aim of the new law is to regulate activities involving personal data of Chinese individuals, processed by companies and individuals, but also organizations providing internet platform services and public authorities. ...
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In this article we take a look at China’s Personal Information Protection Law, the difference with the European GDPR and what this new legal framework means for your business in China. The new law was promulgated on 20 August 2021 and took effect on 1 November 2021. The aim of the new law is to regulate activities involving personal data of Chinese individuals, processed by companies and individuals, but also organizations providing internet platform services and public authorities. ...
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27/03/2022 l Report about China's National People's Congress
From Saturday 5 March to Friday 11 March 2022, China’s National People’s Congress (NPC) was held in Beijing, also called ‘Two Sessions'. Same as last year, due to the national pandemic prevention and control requirements, the event only lasted seven days instead of the usual 10 days. The Chinese Communist Party (CCP) uses the annual NPC session as a political platform for major policy efforts and to decide on long-term strategies. This year’s NPC is the second yea...
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From Saturday 5 March to Friday 11 March 2022, China’s National People’s Congress (NPC) was held in Beijing, also called ‘Two Sessions'. Same as last year, due to the national pandemic prevention and control requirements, the event only lasted seven days instead of the usual 10 days. The Chinese Communist Party (CCP) uses the annual NPC session as a political platform for major policy efforts and to decide on long-term strategies. This year’s NPC is the second yea...
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16/03/2022 l Opportunities for Belgian companies in the Chinese tech industries
Every 5 years, China releases its Five-Year-Plans. The most recent one is the 14th Five-Year-Plan from 2021 to 2025, outlining China’s ambitions to become a world-leading technology force, focusing on innovation, automation and a higher value-added, more secure and reliable industrial supply chain. In order to fulfil China’s ambition to become a world-leading innovator by 2035, the plan promotes self-reliance and self-improvement in science and technology as strategic actio...
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Every 5 years, China releases its Five-Year-Plans. The most recent one is the 14th Five-Year-Plan from 2021 to 2025, outlining China’s ambitions to become a world-leading technology force, focusing on innovation, automation and a higher value-added, more secure and reliable industrial supply chain. In order to fulfil China’s ambition to become a world-leading innovator by 2035, the plan promotes self-reliance and self-improvement in science and technology as strategic actio...
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02/03/2022 l Logistics Outlook 2022
During the past year, global supply chain disruptions, port congestions, capacity shortages, increasing ocean freight rates and an ongoing pandemic have challenged importing and exporting companies across all sectors. Looking ahead in 2022, experts estimate that the pressure on global supply chains will continue and will possibly not relax until the second half of the year. Capacity problems and congestion in the ports will continue, in combination with a strong global demand in the consumer go...
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During the past year, global supply chain disruptions, port congestions, capacity shortages, increasing ocean freight rates and an ongoing pandemic have challenged importing and exporting companies across all sectors. Looking ahead in 2022, experts estimate that the pressure on global supply chains will continue and will possibly not relax until the second half of the year. Capacity problems and congestion in the ports will continue, in combination with a strong global demand in the consumer go...
> read more
16/02/2022 l 5 Ways to Participate to Exhibitions in China during Covid
If you look at China during these challenging Covid-times, participating at an exhibition in China is probably not something you consider as your first priority, simply because it is almost impossible to travel to China these days. Nevertheless, there are good reasons to consider participating in trade fairs in 2022 or 2023: In China it’s business as usual. Despite the corona-situation in China and the rest of the world, exhibitions are still being held in China and in general it...
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If you look at China during these challenging Covid-times, participating at an exhibition in China is probably not something you consider as your first priority, simply because it is almost impossible to travel to China these days. Nevertheless, there are good reasons to consider participating in trade fairs in 2022 or 2023: In China it’s business as usual. Despite the corona-situation in China and the rest of the world, exhibitions are still being held in China and in general it...
> read more