U.S automotive and energy giant Tesla taps into China’s new-energy car market U.S electric automaker and Energy Storage Giant Tesla Motors Inc, has stated that the company plans to establish at least 10 new stores across China this year. Zhu Xiaotong, president of Tesla China, further reiterated Teslas optimism regarding China, stating that he …
Education Talking Points 04-05-16
Chinese-language education praised by U.S officials as furthering bilateral ties U.S officials in attendance to the National Chinese-Language Conference held in Chicago, have applauded the role of Chinese language education in heightening U.S China cultural exchanges and ‘overall ties’. U.S senator Mark Kirk further underlined Chinese education’s role in advancing Sino-U.S ties, stating that education …
Food & Agribusiness Talking Points 29-04-2016
China still faces big food supply shortfall 中国仍然面临着巨大的粮食供应短缺 According to Ren Zhengxiao, head of the State Administration of Grain, China’s food situation is ‘alarming’ despite year-on-year increases in harvest yields. Currently, China has a 9.9 million tonne deficit regarding gain produced and consumed annually. China’s food security is being hampered by its rising population and …
Health & Lifesciences Talking Points 28-04-2016
GP’s to play bigger role in China’s Health System. 全科医生将会在中国医疗改革中发挥重要作用 The State Councils healthcare reforms for the year have been published, outlining a General Practitioner (GPs) pilot program, as well as a reduction of dependence upon drug revenue for health centres. The State Council stated that the GOP pilot program will be rolled out across …
Financial Services Talking Points 27-04-2016
China’s central bank pumps more money into market 中国人民银行向市场注入流动性，缓解资金面紧张 On the 25th of April, China’s central bank pushed a large sum of money into the Chinese market in order to help relieve some of the liquidity strain. 180 billion yuan was directed by The People’s Bank of China (PBOC) into ‘seven-day reverse agreements’, which allows …
Member News: E-commerce tax rules ain’t so bad – China Policy
Click here for the PDF version Signal The new tax regime for direct retail imports is not a strike against foreign exporters, but a regulatory lever to build markets, and develop logistics chains and consumer protections. Intent General Administration of Customs (GAC) implemented a new tax regimefor 1,142 categories of direct retail imports on 8 …
Education Talking Points 22-04-16
Reading still climbing in China, especially online The interest in reading books online is continuing to climb in China, with Chinese people reading on average eight books in 2015, with 79.6 percent of Chinese adults now in the habit of reading. The increase is in line with China’s top leaders who, since 2006, have actively …
Food and Agribusiness Talking Points 21-04-2016
Italy to boost wine sales in China on Alibaba Alibaba and Italy have outlined their intentions to boost the share of Italian wine sold on the Chinese e-commerce network 10-fold as a part of a wider move to increase Italian wine exports to China. Currently Italian wines sold in China lag behind their French and …
Health & Lifesciences Talking Points 20-04-2016
Bulk billing incentives for pathologists to be scrapped on ay before election, Sussan Ley says Federal Health Minister Susan Ley, has stated that she will continue to pursue the implementation of a policy that will dispose of the current bulk billing incentives for pathologists, regardless if the date of implementation is one day prior to …
Tracy Colgan, AustCham Beijing Chair on Australia Week In China and the future of Australia-China Economic Relations
Last Friday, AustCham Beijing Chair Tracy Colgan was interviewed on CCTV News, Global Business to speak about Australia Week In China (AWIC) and how it continues to highlight the growing partnership between the two countries. Tracy commented on how post ChAFTA signing has marked an increased demand for events such as AWIC among the business community. …