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Market News
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Title Source Publish Date
China’s 13th Five-Year Plan: The Challenges and Opportunities of Made in China 2025
China’s 13th Five-Year Plan will implement the Made in China 2025 initiative in greater depth, aiming to make the country become a manufacturing powerhouse. This will stimulate China’s demand for advanced technologies. Hong Kong’s extensive technology and professional services can help promote technological cooperation between mainland and foreign enterprises. Hence, Made in China 2025 is set to generate a host of opportunities for Hong Kong’s technology sector and service suppliers.
Economists' Pick 27 May 2016
THAILAND: Tax Breaks Mooted for Investors in 10 High-tech Sectors
Tax breaks are to be introduced for investors in 10 high-tech sectors in Thailand. The move will see any venture capital fund or private equity firm investing in such sectors exempt from corporate income tax and dividend tax for 10 years.
Economists' Pick 24 May 2016
Mexico Proposes New Energy Efficiency Standards for Clothes Washers, Certain Motors
The Mexican government is assessing the possibility of establishing new mandatory energy efficiency standards for domestically-produced and imported clothes washers for household use and certain three-phase motors.
Economists' Pick 20 May 2016
Update on Recent Department of Energy Rulemaking Activities
The U.S. Department of Energy recently announced the following regulatory actions of potential interest to Hong Kong and mainland Chinese exporters of fluorescent lamp ballasts, compressors, certain water heating equipment, and commercial packaged boilers.
Economists' Pick 20 May 2016
Audio-visual Products Usurp Mobile Devices: the Spring 2016 Hong Kong Electronics Fair Survey
While a majority of electronics players expected steady sales for 2016, buyers were generally less optimistic than exhibitors. North America Western Europe and China were seen as the most promising markets. Meanwhile, mobile devices have been usurped by electronic accessories and audio-visual items as the most promising growth products for 2016. Wearable items are also expected to enjoy massive growth, and consumers are now willing to pay a premium for electronic items with smart features.
Economists' Pick 19 May 2016
China: Overall Export Competitiveness Remains Intact
In 2015, China recorded its first decline in export value since the financial crisis of 2009. This has triggered concerns as to whether China’s export competitiveness is eroding rapidly in light of the competition arising from the emerging number of alternative production bases. However, trade statistics show that China is continuing to expand its share of the overall world export market share, while its export product mix is becoming increasingly sophisticated and high-tech.
Economists' Pick 12 May 2016
Application Not Innovation Dominates Proceedings at NY Robo Show
With the sector showing signs of maturing, many exhibitors at the RoboUniverse Expo were more concerned about harnessing the commercial applications of existing technology rather than showcasing the very latest in blue sky research.
Economists' Pick 9 May 2016
Update on Recent Department of Energy Rulemaking Activities
The U.S. Department of Energy recently announced the following regulatory actions of potential interest to Hong Kong and mainland Chinese exporters of portable air conditioners, certain lamps, direct heating equipment, circulator pumps and dedicated purpose pool pumps.
Economists' Pick 6 May 2016
New Certified Reference Materials Released to Analyse Toxic Trace Elements in Plastics Used in Electrical and Electronic Equipment
The European Commission has recently reported that the Joint Research Centre (JRC) has released two new certified reference materials (CRMs) that will be used to test for toxic trace elements in plastics which are used in electrical and electronic equipment (EEE).
Economists' Pick 29 April 2016
Ban on Lithium Ion Batteries Shipped as Cargo on Passenger Planes Enters into Force
The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration has issued a safety advisory notice to inform those engaged in the transport of lithium batteries in commerce of recent actions taken by the International Civil Aviation Organisation to enhance the safe transport of these goods by air.
Economists' Pick 22 April 2016
Vietnam Smartphone Sector in Battle for Mid-market Supremacy
While the bigger brands dominate Vietnam's smartphone market, it is many of the more modestly priced models that are now driving growth in the sector. Many companies, however, are falling short when it comes to after-sales service.
Economists' Pick 22 April 2016
Brazil - Anatel Passes Resolution 662 Modifications to Labeling Requirements
By passing of Resolution 662 slight changes to labeling requirements for wireless/telecom products have been implemented. Resolution 662/2016 updates the previous Resolution 242 which was originally passed on 30 of November 2000.
Product Industries 19 April 2016
Hong Kong’s “Inter-Connector” Tech Role Multimedia
Hong Kong is the region’s “inter-connector” for technology innovation, as the Internet of Things becomes a multi-trillion US dollar market, said Constantin Stahlknecht of Microsoft Hong Kong, after speaking on trends at the HKTDC Hong Kong Electronics Fair (Spring Edition) 2016. The fair featured the world’s first dual arm collaborative robot and Hong Kong exhibitor Stanley Ho saw China’s Belt and Road Initiative encouraging the sector.
Multimedia 18 April 2016
Over 40% of Electrical and Electronic Goods Have Wrong or Missing Energy Labels, Study Finds
On 9 March 2016, a study into the compliance of energy labels on electrical and electronic goods reported that more than 40% of labels were either incorrect or missing. Hong Kong companies familiar with the energy labelling of electrical appliances for the EU market will recall that most electrical and electronic equipment sold in shops are required, under the relevant EU laws, to display energy labels on the outside of their packaging.
Economists' Pick 15 April 2016
Thailand Slashes Export Duty on 500 Electronics Goods Categories
More than 500 categories of electronics goods are to have their import duties slashed in a move announced by Thailand’s National Legislative Assembly (NLA). The tariff reductions have been triggered by the expansion of the World Trade Organisation’s (WTO) Information Technology Agreement (ITA) and will reduce import duty to zero on 94% of such items.
Economists' Pick 15 April 2016
Augmented Reality Said to Offer Unique Brand-Consumer Interaction
There was almost consensus at the London Technology Expo that Augmented Reality is now far from a gimmick. Used properly, it is seen as providing an on-going dialogue with consumers in a way that was previously never possible.
Economists' Pick 13 April 2016
Securing China Retail Success
Sam's Club is one of the most popular retail outlets in the Chinese mainland city of Dalian.
Economists' Pick 13 April 2016
Opportunities Arising from China's 13th Five-Year Plan: An Overview
Given the 13th Five-Year Plan, China is set to take promotion of innovation as the driving force for development. It also stresses the needs to form a new pattern of opening up and promote cooperation with countries along the Belt and Road. As Hong Kong is the bridgehead of mainland’s foreign trade and the first port of call for mainland enterprises seeking professional services, businesses here should pay attention to the changes brought about by the Plan in order to seize opportunities.
Economists' Pick 8 April 2016
Hong Kong Electronics Fair (Spring Edition)
The 13th edition of the region’s largest electronics event will highlight the latest products in the industry.
Economists' Pick 5 April 2016
New Applications Lodged for Further Lead Exemptions Under Rohs for Electrical and Electronic Equipment
Hong Kong traders may like to know that two new applications for exemptions for the use of lead were lodged with the European Commission, under Directive 2011/65/EU on the restriction of the use of certain hazardous substances in electrical and electronic equipment (more commonly known as the RoHS Directive).
Economists' Pick 1 April 2016
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