China's lucrative industry: Professional shoppers cashing ...
A lucrative industry is emerging in China with "professional shoppers" making sure importers are meeting local regulations. Professional shoppers - opportunist regular consumers - are demanding money from companies importing goods into China whose products don't quite comply with local regulations, in exchange for...
NZ exporters warned about Chinese consumers hunting for ...
Chinese consumers searching for non-compliant products and false advertising claims to make money are a worry for New Zealand businesses exporting there. New Zealand Trade and Enterprise (NZTE) Shanghai trade commissioner Damon Paling said some New Zealand companies had fallen victim to "professional...
Structuring a Salary Package in China
The structure of a salary package payable for each position in a China-based company should be given careful consideration. Certain employees need to be incentivized, while other roles require a more fixed form of salary. Furthermore, the employer should consider the amount of income tax that will be payable by...
China’s ‘One Window, One Form’ to Streamline Foreign ...
China will implement a “One Window, One Form” policy for registering foreign-funded enterprises, according to a recently released circular. The circular, which was issued jointly by the Ministry of Commerce (MOFCOM) and State Administration for Industry and Commerce (SAIC), will be implemented nationally...
New Zealand to resume exports of casings to China
New Zealand’s exports in semi-processed casings are set to resume in the next few weeks following successful talks between New Zealand and China, Agriculture Minister Damien O’Connor announced on 8 November. Semi-processed casings are thin tubular cases used as sausage skins.“The Ministry for Primary...
CHINA – Why? What? How can I play my part?
In this article, NZCTA member and China consultant, Sabrina Douglas-Jones touches on what it takes to be part of the world's most dynamic and arguably largest marketplace: CHINA. She shares her views on going about business in China.A few words about myself: Originally from Germany, I lived and worked in China for almost a...
Information about China's Cybersecurity Law
China’s Cybersecurity Law came into effect on 1 June. It aims to protect China’s national security – the definition of which extends to maintaining territorial integrity, social and economic stability, and the public order.It regulates how organisations and businesses should protect digital information,...
Is China on your digital innovation radar
When you think of China, do you immediately think of digital innovation? Or do you only think of a giant economy pumping out low-cost goods? In the West, we’re often still guilty of ‘lagged thinking’ about China. Our view of China today is influenced by the images we have about China from 5 or 10 years ago....
Updated China-NZ Tax Agreement to be Progressed
Revenue Minister Judith Collins has welcomed a second round of negotiations between China and New Zealand tax officials aimed at updating the current double tax agreement signed between the two countries in 1986. “The aim is to agree a new treaty, adopting modern treaty language and concepts, including agreed measures...
Why China's local brands outsmart foreign food companies
Mark Tanner identifies four reasons why Chinese F&B brands are outsmarting foreign brands simply by better understanding local consumer needs. In 2008 six Chinese babies died and 300,000 fell ill or were hospitalized following a milk scandal involving 22 Chinese infant formula producers. The producers added the...
China FTA upgrade talks began in April
New Zealand and China began talks on an upgrade of the Free Trade Agreement between the two countries on April 25.Prime Minister Bill English made the announcement following his official talks with Chinese Premier Li Keqiang in Wellington in late March.“The FTA with China has been an enormous success,” Mr English...
Launch of negotiations to upgrade China FTA announced
Former Prime Minister John Key announced on 21 November the launch of negotiations to upgrade the New Zealand - China Free Trade Agreement (FTA). The announcement followed a meeting with Trade Minister Todd McClay and Chinese Commerce Minister Gao Hucheng at the APEC Summit in Lima, Peru. Mr Key and President Xi...