Member News
Australia-China relations: business organisations meet to help write the new rules of engagement Earlier this week, the boards of the Australia China Business Council (ACBC), the China-Australia Chamber of Commerce Chapters in Beijing, West China and South China (AustCham China); the Australian Chamber of Commerce in Shanghai (AustCham Shanghai) and the Australian Chamber of …
The Board of the China-Australia Chamber of Commerce (AustCham) is pleased to announce the appointment of Mr. Brendan Mason to the position of Managing Director. An experienced CEO, Manager and Non-Executive Director, Brendan is well known to the Australian business community in China having previously served on the board of AustCham including as Chair …
SHANGHAI, 11 JULY 2022 Macquarie Commodities and Global Markets (“Macquarie”) announced the appointment of Yiming Wu as Head of Client Relationship Team, China. Based in Shanghai, Ms. Wu will report to Thomas Horn, Head of Commodities and Global Markets, China. Ms. Wu will lead the Client Relationship Team and work alongside the Supply Chain Solutions, …
We are delighted to announce the launch of the China Australia Investment Forum. This is a shared initiative on the part of the Australian Chambers of Commerce (AustCham) in Beijing, Hong Kong and Shanghai. The purpose of the Forum is to facilitate ongoing dialogue between organisations on behalf of their members with representatives of the …
Netlinkz offers secure network services that are available, secure and performance optimised, for authorised users regardless of their location. Through the implementation of the Virtual Secure Network software or VSN, Netlinkz enables organisations to unify their IT operations for corporate applications between China based and the rest of the world offices. Netlinkz VSN empowers organisations …
AustCham China’s new member NEXION Networks is happy to provide our community with valuable insights in the international communications industry. NEXION Networks works together with Aryaka to make it easy for enterprises to consume a global network with embedded network security solutions delivered as-a-service for a variety of modern deployments. Learn about the top 5 challenges …
Following our recent office grand opening located in the heart of the CBD, AustCham China is pleased to announce that AustCham Members can now book small and large meeting rooms.
During the Chamber’s last Annual General Meeting changes were approved to the Articles of Association. Following on last week’s voting, we share with our community the updated text.
Austrade’s latest China insights video looks at export prospects in north China. Opportunities range from premium foods to architecture to technology and training services. Austrade is working with partner agencies in China to help Australian exporters foster relationships and navigate challenges.
What’s on our minds? Encouraging signs have emerged that China’s power supply may literally be digging itself out of the hole it was in. The government recently confirmed daily coal output had exceeded its target of 12 million tons and stockpiles at generators had surpassed 120 million tons (or around three weeks’ supply). While power …
23 November 2021 Study Australia. Click here to view article from at its original source. From 1 December 2021, all fully vaccinated student visa holders will be able to come to Australia without needing to apply for a travel exemption. This also means that, from 1 December, students who have been in Australia patiently waiting …
22 November 2021 Chasing Carbon Neutrality was first published in CKGSB Knowledge. Click here to view article from its original source. China plans to peak carbon emissions in 2030 and be fully carbon neutral by 2060. How will this impact on economic activity? By Liu Jing, Professor of Accounting and Finance, CKGSB, and Duan Lei, …
19 November 2021: On 1 October 2021, Prime Minister Scott Morrison announced Australia will reopen its international border from November, giving long-awaited freedoms to vaccinated citizens and their relatives. AustCham China presents a user-friendly checklist for travel between Australia and China for citizens and permanent resident holders. STEP 1: How to return home If you’re …
Australia has joined New Zealand to ratify the world’s biggest free trade deal among southeast Asian nations and their major trading partners. The deal is the world’s largest trade pact, representing about 30 percent of the global population and gross domestic product. Minister for Trade, Tourism and Investment, The Hon Dan Tehan MP, together …
1 November 2021: Good news in relation to traveling to Australia! On November 1st, the TGA determined that Covaxin (manufactured by Bharat Biotech, India) and BBIBP-CorV (manufactured by Sinopharm, China) vaccines would be ‘recognised’ for the purpose of establishing a traveller’s vaccination status. This means that fully vaccinated citizens of China and India, as well as other countries in the region …
Good news for our Members, Families and Community! For months now one of our community’s primary concerns has been the ability to reunite with family here in China. AustCham China, in conjunction with other Chambers of Commerce, have been highlighting this issue to the relevant authorities in Beijing and elsewhere. We are informed that District Government Offices are …
Austrade is releasing monthly insight videos to keep Australian business informed of emerging opportunities and challenges across China. Check out the latest video which looks at fast-growing markets in China’s Southwest region and highlights opportunities in the food and beverage sector, as well as infrastructure design, and healthcare. Earlier videos have considered the growing demand …
What’s on our minds? It’s that time of year: the Chinese government has released economic data for the third quarter, giving us all a good sense of where the trends for the year are heading. Over the last few weeks, the economic team at the embassy has been taking a closer look. The results …
Kevin Rudd served as Australia’s 26th Prime Minister from 2007 to 2010, then as Foreign Minister from 2010 to 2012. In 2014, he was named Senior Fellow at the John F. Kennedy School of Government at Harvard University, where he led research on the future of China-United States relations. He is also Chair of the Independent Commission on Multilateralism, Chair of Sanitation and Water for All, and Chairman of the Board at the International Peace Institute. In January 2021, he was appointed the 8th President and CEO of the Asia Society.
Attend ISB’s Open House for the opportunity to learn what makes ISB unique from the school’s leadership team, faculty members, and students. There will be a guided campus tour following each session. Attendees will receive a program and instructions on how to access the campus a few days before the event. Thank you for your …
The International School of Beijing (ISB) is offering educators another opportunity to meet members of the ISB community and speak to the school’s leadership team. With over 40 years of academic excellence, ISB has a history of innovation and is accelerating into the future of education. Through a tailored, connected, real-world curriculum our experienced and passionate teachers …
Fiona Wu: Events & Projects Manager AustCham China would like to announce the appointment of Fiona Wu as the new events and projects manager. Fiona worked as a relationship manager at AustCham Shanghai and has prior membership management expertise. Fiona has worked in the hospitality sector for a long time. She worked with Marriott in the United …
The Cheung Kong Graduate School of Business (CKGSB) hosted the 7th China Economic Symposium, offering insightful perspectives on the country’s economic transformation and illuminating the real meaning behind some of the challenges and opportunities as it shifts its economy towards carbon neutrality and technology innovation. At a time of uncertainty and division, global and Chinese thought …
About the Report KPMG and The University of Sydney formed a strategic relationship to research and publish insights on Chinese investors. Our first report was launched in September 2011 and this is the seventeenth Demystifying Chinese Investment report in our series. This report examines Chinese investment in Australia for the calendar year 2020. It incorporates …
Our Client: is recognized as one of the most promising new and emerging biotech companies in the world developing biologicals to increase crop yield, prevent heavy metal crops, and degrade organic pollutant in our farmland. Our client is based in Ireland and has a highly motivated team and Board of Directors that are determined to deliver …
Enjoy Your Stay – in the Clouds China World Summit Wing, Beijing soar 81 stories above the heart of Beijing’s Central Business District. The hotel’s prime location and facilitates and amenities make it a choice for both business and leisure travelers. China World Summit Wing Beijing offers 278 luxurious rooms and suites. 3 …
Taste Spring at Made in China Our award-wining Made in China Chinese restaurant offers authentic and classic home-style northern Chinese dishes to delight your spring. Fresh ingredients every day, fresh flavors every day. During this special period, precautionary measures are carefully taken to ensure a safe and comfortable dining experience for you. Made in …
FRASCA Frasca is a modern Italian eatery. Frasca, named after the symbol of the hanging branches that were used to welcome passers-by for quality refreshments in Friuli an area of Northeast Italy. Taking the meaning, Frasca offers a cozy and inviting place for people to enjoy some of the most authentic Italian food prepared …
Nadaman & Chochin Bar have just updated their menu! Make sure to bring your family and friends and head over NADAMAN today to enjoy the freshly prepared seasonal produce. Bon Appétit!
Takeaway is now available at China World Summit Wing. Feel free to scan the QR code for details of the special offer they have, and enjoy the convenience! Bon appétit!
YCIS Beijing invites parents to join our Early Childhood Education (ECE) Open Day on 20 March 2021. Parents interested in learning more about the YCIS Beijing ECE programme can register here to attend the event. Event Date: 20 March 2021 Event Time: 09h30 – 11h30 Location: Building G, YCIS Beijing, Honglingjin Campus (Entry to the campus will be allowed through the East …
If you know of an outstanding Aussie who’s doing great things globally, don’t miss the opportunity to nominate them now. The Advance Awards showcase the achievements of inspiring Australians and alumni of Australian universities who are innovating in their field. Award winners also join an elite group of GameChangers, representing the next generation of leaders. …
It is our pleasure to share AustCham China’s Australian Business Sentiment Survey: COVID-19 and Bilateral Relations as a part of our COVID-19 Impact Report Series. This series is used in conjunction with our previous Doing Business in China Reports (DBIC) and ongoing member engagement to help us better advocate for your business through the COVID-19 pandemic and beyond. The …
Star your weekend early with Thursday Pub Night at Red Moon, Grand Hyatt Beijing! Fish & Chips + one pint Jing A Craft Beer for only 138RMB Fish & Chips + free flow Jing A Craft Beer for only 169RMB Bring your friends and head over to Grand Hyatt Beijing this Thursday to start …
In January, the CKGSB Business Conditions Index (BCI) registered 57.2, a slight improvement in December’s figure of 55.5 (Figure 1). The CKGSB BCI comprises four sub-indices: corporate sales, corporate profits, corporate financing environment and inventory levels. Three measure future prospects and one, the corporate financing index, measures the current climate. In January 2021, …
On 29 January, the Central Leading Group for the Inspection Work of Ecological and Environmental Protection (“inspection group”) announced the results of the inspection of the National Energy Administration (NEA). The inspection group highlighted NEA’s efforts in promoting cleaner coal-fired power generation and clean heating. Nevertheless, the inspection group urged the NEA to make …
CHINA HEALTHCARE OUTLOOK Hospital Investment Trends in China Private capital investments in medical institutions have been an essential part of China’s new medical reform. In the last ten years, the Chinese government has released a series of policies to encourage the development of private and joint venture medical institutions, with a diverse range of …
Make the most of your weekday with delicious offerings at The Opposite House! UNLIMITED DIM SUM Weekdays – RMB 168/per person || Weekends – RMB 188/per person From now on you can enjoy Jing Yaa Tang’s famous unlimited dim sum at the amazing price of 168RMB per person during weekdays. Available daily from 12-2:30pm. OUR RECOMMENDATION …
Saturday 30th January Let’s spice things up right before Chinese New Year with the upcoming Mala Disco featuring: DJ Daniel Ma for a night of R&B groove. Wayne Wang from CHOCOLATE & MILK shaking up behind the bar. Beijing underground rapper E2W. PRICE: RMB150 for 2 drinks, book before 29th January to enjoy …
‘The Drupe’: From the CEO’s desk Tatura SmartFarm launch and Horticulture Solar Energy Project announcement Minister for Agriculture, the Hon Mary Anne Thomas, this week officially launched Agriculture Victoria’s Tatura SmartFarm and announced the Horticulture Solar Energy Project, which is funded under the Victorian Government’s Agriculture Energy Investment Plan. The Tatura SmartFarm is …
Chinese New Year Afternoon Tea Let’s enjoy the New Year afternoon at the Fountain Lounge Chinese New Year is just around the corner, and there are always reasons to reunite with loved ones during the biggest occasion on the Chinese Lunar Calendar. Grand Hyatt Beijing will unveil a New Year Afternoon Tea starting January …
On December 24th, Nick Coyle, the CEO of AustCham China, was interviewed by The Global Times on the current Australia-China bilateral relationship and impact on business. Editor’s Note: It’s been a bumpy year for China-Australian bilateral relations in 2020 on the diplomatic front. How will the intensifying tensions affect economic and trade ties between the …
Made in China, Chinese Restaurant at Grand Hyatt Beijing at Oriental Plaza 2021 MICHELIN Plate winner Grand Hyatt Beijing is pleased to share the good news that our Made in China restaurant remains a MICHELIN Plate award winner in the MICHELIN Beijing Guide 2021, which was announced on 16 November 2020 in Beijing. It is …
Start your winter celebrations in style with a range of festive activities hosted by JW Marriott. AustCham members will also enjoy 20% off each of the promotions advertised below. For further information, please contact: vivian Cang: vivian.cang@marriott.com
Rio Tinto is one of the world’s largest mining and metals companies operating in approximately 36 countries, including Madagascar. With the outbreak of COVID-19, Rio Tinto contacted the team at Medical Products Hub to acquire Personal Protective Equipment (PPE), recognizing our long-term presence in China and ability to source quality, reliable PPE. Rio Tinto engaged …
This survey was led by Dr. Zhang Xiaomeng, Associate Professor of Organizational Behavior, Associate Dean for Executive Education and Co-Director of the Leadership and Motivation Research Centre at the Cheung Kong Graduate School of Business (CKGSB). The COVID-19 pandemic has forced us to press pause on the Chinese economy, with companies now facing challenges on the issues of production and employment resumption. Now …
Celebrate this time-honored tradition of the Mid-Autumn Festival with Grand Hyatt Beijing mooncakes. Inspired by exquisite wood buildings and the color of Grand Hyatt, the mooncakes are beautifully presented in a bright red box designed with a gold Chinese roof. Wonderful as gifts for family members and friends, our heartwarming and much-loved mooncakes are a …
Recently, CKGSB has launched a global online LIVE program – COVID19-Driven Digitalisation in China. Topics of content are very up-to-date and relevant to decision makers, including China’s digital currency, IoT e-commerce, post-COVID19 consumerism, and AI applications during the pandemic. The program starts on 20 July 2020 and takes four weeks to complete, two evening sessions …
One of the many unforeseen impacts of COVID-19 has been the massive financial impact, especially in the tourism and aviation industries around the world. Initially this was mainly in reduced hours and unpaid leave, however as time progresses and little solution is in sight, we are now seeing a raft of redundancies that will directly …
Written by: Zoey Ye Zhang, Asia Briefing, Dezan Shira & Associates On May 13, 2019, China’s Customs Tariff Commission of the State Council released the Trail Measures on the Exclusion Work for US Products Subject to Additional Tariffs in Announcement [2019] No.2. On a trial basis, the document allows imported US products to be temporarily exempted from …
Written by Out-Law, Pinsent Masons Significant changes to the security of payment regime in Singapore are due to come into force in the near future. The changes contained in the Building and Construction Industry Security of Payment Amendment Bill 2018 are the most extensive changes to the Security of Payment Act (SOP Act) since it became …
Written by Out-Law, Pinsent Masons There has been a significant increase in the number of unsolicited proposals (USPs) for greenfield and brownfield public-private partnership (PPP) infrastructure projects in Asia over the past two years. Unlike solicited proposals where a government entity launches a formal public tender, in the case of an unsolicited proposal, it is the …
Written by Out-Law, Pinsent Masons The Asian Development Bank (ADB) and the Philippine government have signed an agreement which will see $1.3 billion provided to help finance the Malolos-Clark railway project. The ADB is co-financier of the project and has agreed to provide a total $2.75bn loan facility to support construction. According to the ADB statement, …
Written by Out-Law, Pinsent Masons US ambassador to the Philippines Sung Kim has said that US is supporting the Duterte administration’s ambitious ‘build, build, build’ infrastructure programme and American private companies will take part in major infrastructure projects under this programme, according to CNN. This project has also been financed through Chinese loans and grants. The …
Written by Out-Law, Pinsent Masons Foreign arbitration and dispute resolution institutions are allowed to establish business organisations in the new Lingang area of the China (Shanghai) Pilot Free Trade Zone, according to plans published by China’s State Council. The plan said that the new section would compete with leading free trade zones, would open up the …
Written by Out-Law, Pinsent Masons The US, China and other countries will next week sign a new international agreement in Singapore on cross-border mediation agreements. The Singapore Convention on Mediation is the final version of the United Nations Convention on International Settlement Agreements Resulting from Mediation, which was adopted by the UN in December. It aims …
The Monash Global Executive MBA is an intensive 15-month program for experienced managers, featuring international residential modules and a series of weekend modules. The program is designed for managers and executives with significant experience in wide range of sectors and professions who are seeking to position themselves for more senior roles and more extensive responsibilities. In …
Written by: Zoey Ye Zhang, Asia Briefing, Dezan Shira & Associates The 2019 editions of China’s National and FTZ Negative Lists and FI Encouraged Catalogue are important supplements to the upcoming Foreign Investment Law. China Briefing explains the new changes and identifies the industries where China restricts or encourages foreign investments. On June 30, 2019, …
Written by Out-Law, Pinsent MasonsVietnam is set for an expansion of its wind energy industry, with more than 1GW of capacity expected to be installed by 2021 according to a market intelligence report from the Global wind energy council (GWEC). The report ‘South-East Asia Market Update: Insights on Vietnam’ suggested that Vietnam has some of the …
Written by Out-Law, Pinsent Masons Japan’s international development agency, Japan International Cooperation Agency (JICA), still has 900 billion yen ($8.32bn) remaining of the 1.3 trillion yen it has pledged to lend to support the development of the Philippine railway system. The Japanese government, through JICA, had previously allocated the funding to the Philippines to build more …
Written by Out-Law, Pinsent MasonsIndonesian president Joko Widodo has announced plans to spend $70 billion on toll roads connecting Indonesia to other countries. The plans involve building 5,400 kilometres of fee-charging highways by 2024 tripling the size of the current network, according to Bloomberg. The government has said that it wants to make it much easier …
Written by Out-Law, Pinsent Masons Five new digital bank licences are to be issued to firms in Singapore, the Monetary Authority of Singapore (MAS) has announced. The five new digital bank licences include two types of bank licences, according to MAS. Two will be digital full bank licences and the remaining three, digital wholesale bank …
Written by: Out-Law, Pinsent Masons Finance leaders from G20 countries agreed new principles last week to make sure that infrastructure debt is sustainable to avoid the build-up of huge debt. According to Reuters the G20 finance leaders endorsed the G20 Principles for Quality Infrastructure Investment as their “common strategic direction and high aspiration” during a …
Written by Dorcas Wong, Asia Briefing, Dezan Shira & Associates Starting July 1, 2019, Shanghai will make garbage sorting mandatory and restrict the use of disposable items in the hospitality and e-commerce industries. Shanghai will welcome its new waste management regulations, which is set to transform the way waste is collected and places new restrictions upon …
Written by: GHD.com Invited by the Australian Trade and Investment Commission (Austrade), GHD recently took part in high-profile dialogues between Pacific Island governments and Australian and US businesses at the 2019 Asian Development Bank (ADB) Annual Meeting, in Nadi, Fiji. This is the first time in 52 years that the ADB Annual Meeting was held …
Written by Alexander Chipman Koty and Qian Zhou, Asia Briefing, Dezan Shira & Associates Minimum wages in China continue to grow. Through the first six months of 2019, four regions have increased their minimum wages: Beijing, Chongqing, Shaanxi, and Shanghai. Last year, 15 out of the 31 regions in mainland China increased their minimum wages, while 20 did …
AustCham Westpac Australia-China Business Awards 2019 Winners Announced The Australian Chambers of Commerce in Hong Kong, Shanghai and Beijing are pleased to announce the award winners for the 2019 AustCham Westpac Australia-China Business Awards (ACBAs). The 2019 winners were announced at the prestigious Westpac AustCham Australia-China Business Awards Gala Dinner at the Grand Hyatt …
Written by: Zoey Ye Zhang, Asia Briefing, Dezan Shira & Associates On May 9, the Beijing Municipal Human Resources and Social Security Bureau announced plans to raise the city’s minimum wage from July 1, 2019. The monthly minimum wage for full-time employees will be raised from RMB 2,120 (US$309) to RMB 2,200 (US$321). The hourly wage for part-time employees, …
Written by: Pinsent Masons, Out-Law.com The Monetary Authority of Singapore (MAS) has carried out a consultation into proposed payment services regulations that will enable it to carry out its functions under the new Payment Services Act. The consultation covers areas such as licensing structure and fees, licensing requirements, proposed exemptions from the regulations, and transitional …
Written by: Anthony Arrow, Pinsent Masons, Out-Law.com ANALYSIS: The Liberal-National coalition was returned to power over the weekend for a third term and now has an opportunity to implement policies designed to decarbonise the Australian economy Participants in Australia’s renewable energy industry have been craving a period of consistency and regulatory certainty at the …
Written by: Amber Liu, Asia Briefing, Dezan Shira & Associates Following the announcements made in the annual Work Report delivered at the Two Sessions, the Ministry of Finance, State Taxation Administration, and General Administration of Customs have jointly issued a series of new policies on value-added tax (VAT). The new polices, which took effect on April 1, …
AMBASSADOR TO CHINA Today I announce the appointment of Mr Graham Fletcher as Australia’s next Ambassador to China. Australia and China share a multi-faceted and constructive relationship, founded on shared interests and mutual respect. Our Comprehensive Strategic Partnership is characterised by strong economic ties and collaboration on our shared priorities. China is Australia’s largest trading …
STRENGTHENING THE FUTURE OF THE AUSTRALIA-CHINA RELATIONSHIP The Morrison Government will establish a new and innovative National Foundation for Australia-China Relations to strengthen one of Australia’s most significant bilateral relationships. The National Foundation will be a high profile platform for the promotion of Australia-China ties. It will harness efforts of the private sector, peak bodies, …
Pinsent Masons have published two news articles which provide latest analysis on investment law: one on Asian countries’ private airport investment and the other on China’s new foreign investment law. ‘Rewards are there’ for Asian countries that get private airport investment right Out-Law ANALYSIS There is great potential for investment in and development of airports …
Australian health and wellness brand Swisse has announced its global revenues grew by 30.3% to AUD859 million on a currency-adjusted basis in 2018, with Australia and New Zealand and China sales increasing by 13.7% and 63.2% respectively. The results were reported at parent company H&H Group’s 2018 results conference, where Laetitia Garnier was named new …
Members of the Monash University Alumni Engagement team are planning visits to China this year. In their efforts to grow a rich and vibrant alumni community in China, they would like to ask for your help to find Monash alumni living in China. Monash aims to connect with former students who have moved back …
China introduced the biggest changes to its individual income tax (IIT) system since at least 2011 with the passing of a new IIT law in 2018. The new law brought forward a host of changes to individual taxation in China, including by revising tax brackets, expanding deductibles, and altering residency rules for foreign workers. The …
Pinsent Masons has produced two new publications featuring latest legal news and guidance on the Australia-Indonesia trade deal and Indonesia’s opening of its second round pre-qualification list for renewables projects. 1. Trade deal will allow more Australian ownership, investment in Indonesia Out-law Indonesia and Australia have signed an economic partnership agreement that will reduce tariffs …
Beijing’s United Family New Hope Oncology Center is proud to welcome Prof. Richard Epstein, their new Medical Director and Oncologist from Australia. His rich experience in treating and researching cancer all around the world makes him just the right person to lead New Hope to a new and exciting era for treating cancer …
Port of Newcastle welcomed delegates from Qinhuangdao Port in China to the region this week, marking 30 years of friendly exchange between the sister ports. Qinhuangdao Port is an international multifunctional trade and logistic port primarily engaged in energy output and the world’s largest independent port operator for major dry bulk cargo, including coal, metal …
Written by: Frank Ka-Ho Wong, Asia Briefing, Dezan Shira & Associates China’s crackdown on daigou is part of its moves to strengthen e-commerce regulation and better control the rapidly expanding sector. Cross-border e-commerce in China has grown steadily in recent years, on the back of strong consumer demand for premium brands and high-quality overseas products. A significant …
Alipay is now available in Commonwealth Bank of Australia’s (CBA) 94,000 touchscreen services across Australia, as Business Insider Australia reports. The payment, which is performed through an innovative apps ecosystem Albert App Bank, comes as a result of the agreement in 2016 between CBA and Ant Financial Service Group, a financial technology company affiliated with e-commerce …
By Woodside Woodside Energy Trading Singapore Pte Ltd (Woodside) has signed an agreement with RWE Supply & Trading GmbH (RWE) for the mid-term supply of LNG commencing in the fourth quarter of 2020 and in effect until December 2022. Woodside EVP Marketing Trading & Shipping Reinhardt Matisons said the LNG would be supplied on an …
By: Thibaut Minot, China Briefing, Dezan Shira & Associates Foreign companies entering a high-risk market like China must pay attention to their compliance programs at the local level. Passive supervision from the top simply won’t suffice. As a starting point, the below internal control measures should be carefully considered and strengthened where appropriate. Embed internal …
The minimum wage in China has historically been low comparatively to global standards, largely owing to its prevalent manufacturing sector, and significantly aiding processes of domestic economic growth over the past several decades. However, the recent report composed by Dezan Shira & Associates illustrates that such a trend is becoming less of a reality, with …
By: CPA Australia On 6th November 2018, CPA Australia signed a Memorandum of Cooperation (MoC) with the Chinese Institute of Certified Public Accountants (CICPA) at the 20th World Congress of Accountants (WCOA) in Sydney. The MoC is designed to facilitate closer collaboration between the two bodies, enhance the international standard of accounting professionals and broaden …
By: Dorcas Wong, China Briefing, Dezan Shira & Associates On August 31, 2018, the second draft of the Individual Income Tax Law was passed. The new law makes changes to many elements of the calculation and enforcement of individual income tax (IIT) in China — focusing on expanding deductibles, adjusting tax brackets, and changing residency rules. …
Come and spend an entire day at one Servcorp’s coworking spaces for free! Servcorp is a global network of exceptional office facilities. They have thrived in the industry because they have never compromised their 5 star standards. Simply put, they have selected the best buildings with the best aspects, located in the most dynamic …
RECORD FIRST HALF RESULT STATUTORY PROFIT UP 83% ON 1H17 STRONG INVESTMENT IN GROWTH Sydney, 22 August 2018 Moelis Australia’s first half 2018 (“1H18”) key financial metrics are significantly up on the first half 2017 (“1H17”) previous corresponding period (“pcp”). Statutory profit1 up 83% pcp ($15.0 million up from $8.2 million) Underlying revenue up 54% …
By Mark Preen, China Briefing, Dezan Shira & Associates The scale of China’s urbanization over the past four decades is a staggering feat in human history. In 1978, the year in which China started its policy of ‘reform and opening-up’, the urban population was just over 171 million – 17.9 percent of the total population. …
On July 6, China announced a campaign to inspect local governments and departments, signaling the central government’s resolve to implement core policies. The announcement, detailed in the State Council’s Circular about the Launch of Inspection Program for Departments and Local Governments, outlines the scope of the inspection campaign and how it will be carried out. …
Are you a successful exporter? Gain recognition at the 2018 Australian Export Awards The Australian Export Awards is a national program that honours Australian businesses for their export achievements and contribution to Australia’s economic prosperity. What are the benefits for my business? Boost your organisation’s reputation among local and international customers Gain national media exposure …
It’s five years since the rest of the world became aware of Chinese plans to become a champion of globalisation and free trade through the One Belt One Road initiative (B&R), a USD$1 trillion infrastructure programme that affects Asia, the Middle East, Europe, and Africa. The One Belt, One Road outbound investment strategy presents a …
Chinese investment in healthcare has soared over the past 3 years. Australia is becoming a highly sought-after destination for healthcare investment due to the expertise of health professionals, availability of cutting-edge technology and high regulatory standards. As China’s aged care industry develops and its healthcare service delivery sector matures, there will be a greater …
Increasingly those responsible for building China’s brands are moving outward as fast as they are marching forward. Their sense of purpose is palpable and transcends their commercial objectives. There is a higher calling that is providing the impetus to not only build global brands, but to build innovative, higher-value global brands. Although the number of …
ITNewcom MinterEllison Technology Consulting have collected data from over 100 suppliers and 260 deals, including detailed analysis of 169 deals to bring together this year’s Business IT Investments report. For the past 15 years ITNewcom has interviewed Australian and New Zealand industry participants for technology investment insights with the purpose of reflecting behaviours and trends …
The Beijing United Family Hospital is currently seeking feedback about client experiences. If you have 5 minutes we would greatly appreciate you filling in and returning this Survey.
In Today’s Talking Points: China sets out more measures to modernise dairy industry, Stone fruit exports to China surge under free trade agreement and Snacking at work may be bad for you China sets out more measures to modernise dairy industry China’s administrative body has announced measures to improve the quality of dairy products produced within the mainland. …
In Today’s Talking Points: Electric Cars and Other Vehicles Projected to Rise Threefold By 2020, Previous Newcastle Expansion Plan Will Not Proceed, Strong Chinese Economic Forecasts See Investors Looking at Iron Ore and Northwest China’s Autonomous Region Diversifies its Energy Mix Electric Cars and Other Vehicles Projected to Rise Threefold By 2020 According to the IEA, …
In Today’s Talking Points: Premier Li Stresses the Importance of Education and Basic Research; Chinese Student Recruitment Set to Rise in Australia as Visa Applications Rebound; Chinese Mainland Claims 6 of the World’s Top 100 Universities in Latest Rankings Premier Li Stresses the Importance of Education and Basic Research Chinese Premier Li Keqiang has said this …
In Today’s Talking Points: China needs to prepare food for future needs and shed its past, Argentina pushes to expand beef exports in Asia, China starts to deliver food by drone and Tasmanian Salmon harvest may be affected by virus. Preparing for Future Food Needs, China Tries to Shed Its Past Since its establishment, the People’s …
In Today’s Talking Points: Demand for Yuan Assets to Increase in Next Two Years; Realty M&A up as Finance Woes Hurt Small Business; Westpac Learning from ANZ’s Mistakes in China; Ant Financial Closes $150 Billion Round of Funding Demand for Yuan Assets to Increase in Next Two Years The Official Monetary and Financial Institutions Forum (OMFIF) has conducted a survey …
In Today’s Talking Points: China to Tackle Wasted Energy in New Wind Farm Rules; China’s Energy Development Accelerates Due to Opening-Up and International Cooperation; China and Others Clamouring for Crude Oil Exports While U.S Strains Capacity; Energy Exports to Play Key Role in US-China Trade Talks China to Tackle Wasted Energy in New Wind Farm Rules China’s energy regulatory …
In Today’s Talking Points: Shenzhen aims to be global technology innovation hub, UK eyes firmer ties with China, Leading indicators points to steady export growth in China and China central bank adviser calls for two-track financial opening. Shenzhen aims to be global technology innovation hub Shenzhen has declared their goal to become a global technology …
First NAPLAN online test brings nerves and some technical glitches More than 1 million Australian students are sitting the NAPLAN tests his week, and for the first time, they are taking it online. Around 25 percent of NSW schools are running NAPLAN online tests for the first time this year. The Australian Curriculum, Assessment …
In Today’s Talking Points: Cargill has ‘significant concerns’ over US-China trade spat; China’s freeze on Australia thaws slightly as trade minister blows in; Seafood giants convene in China for Alibaba’s ‘fresh food summit’; China’s farm produces prices continue to dip. Cargill has ‘significant concerns’ over US-China trade spat Cargill, the US Agriculture food giant has expressed concerns about escalating …
In Today’s Talking Points: China Continues Opening Up of Financial Services Sector; China’s April Economic Data Shows a Mixed Bag as Industry Holds Up; Trump’s Reprieve for ZTE Opens the Next Round of US-China Trade Talks China Continues Opening Up of Financial Services Sector Following on from the announcement on April 11th of new measures to further open …
In Today’s Talking Points: Australian Education Group Paves the Way For China Expansion; China Increases Education Spending in 2017; Online Education Systems Are Gaining Momentum in China; China Looks to Educate Schoolkids To Win the Global AI Race Australian Education Group Paves the Way For China Expansion The Australian private education provider; Top Education Group will begin trading …
In today’s talking points: Strong world growth for commodities; JD.com implements blockchain; Wine Australia appoints new Manager; Use of fertilisers and pesticides fall in China Strong world growth for commodity will increase food demand by Australian farmers The Australian Bureau of Agricultural and Resource Economics Conference, held in Canberra this Tuesday, has forecasted that …
Today KPMG releases it’s report on Chinese investment in Australia healthcare, the most recent addition to their ‘Demystifying Chinese Investment’ series. Outbound investment from China has always been a contentious issue, primarily due to a lack of clear information. Now with the healthcare sector in China reforming and continued growth expected; KMPG sets out to …
For December, Asian Agribusiness Consulting has the following updates: New Hope Group has completed the acquisition of Australia’s Real Pet Food Company New Hope Group has completed the acquisition of Australia’s Real Pet Food Company from Quadrant Private Equity for A$1 billion (CNY 5 billion), in a move to further its foray into the fast-growing …
By Zolzaya Erdenebileg Coworking and incubator spaces have expanded quickly throughout major cities as China’s entrepreneurial drive accelerates. The government had been slow to regulate coworking spaces; the use of such addresses for business registration, for example, has floundered in ambiguous territory. However, several industry observers told China Briefing that the government is working on …
This month EAST Beijing is holding a number of specials and events to celebrate the holidays, including Feast (Food by EAST) Christmas Eve dinner and Christmas Day all-day buffet To celebrate your Christmas holiday, our award-winning restaurant Feast (Food by EAST) will prepare a special offer with traditional roasted turkey, roasted lamb leg, baked salmon, …
As new innovations revolutionise how we work, companies must be prepared to tackle the challenges and embrace the opportunities that technology brings. This Economist Corporate Network (ECN) report, sponsored by JLL and Hays, is based on the findings from a survey and focus group conducted with CEOs in the Asia Pacific region. It examines perceptions …
(Beijing, 23 November 2017) – EAST, Beijing is delighted to announce that the hotel will light up the Christmas season this year with a very special kind of Christmas tree. The Christmas tree, designed by mobo.design, will be unveiled on 4 December and will be displayed in the hotel lobby for the next month. Made …
IP Australia has released their new Guide to Protecting your IP in China, which includes practical tips on how foreign businesses can prepare and understand the system, such as seeking experienced legal advice, registering your IP rights in China, and monitoring for infringement. The guide also delves into China’s first to file trade mark system, protection …
On November 10, China’s Vice Finance Minister Zhu Guangyao said at the information meeting in Beijing that China has decided to further open its financial services industry. In addition to the committed liberalisations of the foreign shareholding restrictions in domestic securities, future, fund management and life insurance companies, of particular interest is that qualified foreign …
Time passed by so quickly, and we are about to launch our final Beijing Mentor Walks in 2017! Mentor Walks Beijing aims to bring together women from all backgrounds and experiences. Young women (Mentees) who have begun their careers walk for an hour with an established Mentor for advice, perspective and honest feedback Saturday, Nov.18th, 2017 9:30AM-11:30AM @The British Embassy Residence Please …
(Beijing, 10 November 2017) – EAST, Beijing is delighted to introduce an all new Kid’s Corner at the award-winning market-style restaurant Feast (Food by EAST). With the newly expanded Kid’s Corner, we believe Feast (Food by EAST) will be one of the most favourite destinations for families. The 36 square meter Kid’s Corner features …
(BEIJING, 19th October, 2017) Following a year of very rapid growth, the Australian Argyle Hotel Group is strengthening it’s position in the Asia Pacific with its first hotel in Nepal. The Kathmandu Argyle Hotel is slated to open its doors in early 2019, and will be the Argyle Hotel Group’s 116th hotel under management. “The …
KPMG Venture Pulse Q3 2017: Global Analysis of Venture Funding 11 October, 2017 Mainland China recorded robust venture capital (VC) activities in Q3 2017, with artificial intelligence (AI) and autotech key areas of investment, finds Venture Pulse, KPMG’s quarterly global report on VC trends. Continuing the momentum in Q2 2017, companies in Mainland China …
KPMG China and the Global Financial Markets Association (GFMA) have launched The Asia Pacific FX Markets: Opportunities for Growth – a study that analyses the latest developments of the Asia Pacific FX market.
KPMG China promotes 42 partners, comprising 20 women and 22 men, in line with the firm’s deep commitment to inclusion and diversity.
In today’s talking points: Education minister Susan Close has announced $67.5 million will be spent to boost results in the state’s struggling public primary schools; Victorian students may have to take literacy and numeracy test for VCE; More and more Chinese students join overseas tours; Chinese undergraduates who perform poorly would not continue their courses. SA Government Prompt to …
In today’s talking points: New carbon nanotube filters prove efficient at removing heavy metals from water; breakthrough has potential to conception problems in older women; non-profit public hospitals by 2020; reduction in Beijing cigarette sales New carbon nanotube filters prove efficient at removing heavy metals from water Researchers at the University of Texas have invented a …
In today’s talking points: Foreign banks get easier access to investment in China’s domestic lenders; IMF headquarters could shift to Beijing in a decade; Ethical investing grows in popularity; Shanghai to continue with reforms in free trade area.
In today’s talking points: China is committing billions to renewable energy (including fusion power); Qinghai, a Chinese province, ran on renewable energy completely for 7 days; JinkoSolar and Greatcell Solar Signed a non-exclusive Memorandum of Understanding for Perovskite Cell Development; Foreign Investment in Australian Renewables Soars. China is committing billions to renewable energy (including fusion power) To …
In today’s talking points: An education lecturer at UNSW call for selective primary schools; Chinese Education is being exported abroad; Chinese parents are willing to spend fortunes on children’s higher education overseas; A college in eastern China uses big-data analysis to better subsidize underprivileged students. Call for Selective Primary Schools in NSW Jae Jung, an education …
China sees VC investments in Q2 triple to USD10.7 billion, finds KPMG analysis Venture capital (VC) investment in China startups tripled in Q2 2017 driven by an uptick in mega deals, finds Venture Pulse, KPMG’s quarterly global report on VC trends. The number of VC deals in China were relatively stable at 79 in Q2 …
Venture Pulse Q2 2017: Global Analysis of Venture Funding Welcome to the Q2’17 edition of the KPMG Enterprise Venture Pulse Report. In this quarter’s report, we highlight the key trends, opportunities and challenges facing the venture capital (VC) market globally and in key regions around the world. Despite an ongoing decline in the number of VC deals …
Can managers cope with a new generation? For most of human history, integrating a new generation into society has been pretty straightforward—the youngsters were shown what needed to be done, they did it as well as they could (or faced serious consequences if they didn’t), and over time, earned a place for themselves in society.
If you think ‘Made in China’ is always associated with cheap and low quality goods, think again. DJI—the first choice for any drone fan—is headquartered in Shenzhen and dominates 70% of the consumer drone market; Huawei, the telecommunication company that developed its first branded smartphone only five years ago, has already become the third largest …
Wondering how to integrate IP resources in characteristic town development? The global leading real estate service firm, Colliers International releases a series of reports on characteristic towns development. The first report “Development Path of Characteristic Towns: Integration and Creation of IP Resources” touches on effective methods of IP integration and evaluative criteria for IP resources …
Australian dentist Dr. David Hoh at Beijing United Family Hospital Dr. David Hoh is part of the international dental team at Beijing United Family Hospital. Before joining Beijing United Family Hospital, Dr. Hoh worked extensively in several different private clinics, as well as for the Pacific Smiles Group in both metropolitan and rural areas in …
New insurance accounting standard brings greater comparability for investors and analysts: KPMG The new insurance contracts accounting standard published today by the International Accounting Standards Board (IASB) brings greater comparability for investors and analysts, according to KPMG International · Increased transparency about profitability expected · Potential for greater volatility of insurers’ financial results and equity · Major implementation …
On the 9th of May, the Turnbull Government handed down the 2017 Federal Budget, which emphasises economic growth and revenue raising measures as key to restoring budget surplus. Below is a brief summary: Financial Institutions The 2017 Federal Budget introduces a suite of measures to increase the accountability and efficiency of major financial institutions. From …
Telstra is calling for nominations for the second annual Telstra Business Woman in Asia Award. If you know of any successful and inspiring female in Asia, please help Telstra recognise them by making a nomination. This year, the Telstra Business Woman in Asia Award is open to residents of Asia who are: Employees in the …
Record investment in infrastructure and agriculture helped propel overall Chinese investment in Australia to US$11.49 billion (AU$15.36 billion) in 2016, the second highest level since its 2008 peak. Continuing last year’s growth trend, a record number of deals saw Chinese companies continuing to diversify their investments into different industries and geographies – with Energy sector …
Member News | Cervical & Breast Cancer Screening Package from Hong Kong International Medical Clinic
Because of easily neglected signs and symptoms in early stages of some female diseases, it is vital to apply for regular self examinations and health check ups. Therefore we could improve health status by early detection, diagnosis and treatment at the earliest stage.
Tooth Gourmet: International Dentist Dr. Tony Hsu balances a love of food with a passion for his profession. Dr. Tony Hsu is an elite Hong Kong-born dentist with deep knowledge of globally cutting-edge treatments, which help him give his patients healthy smiles. But all that expertise doesn’t make the Head of Sanfine International Hospital’s dental …
13 Harrow Beijing students from Year 9 are going to be on an exchange programme and visit the John Lyon School and Royal Masonic School in the UK from 25th February to 11th March! There will be 26 pupils in total from the UK visiting Harrow Beijing as well.
Book Week is an annual event at Harrow Beijing and the event is held to celebrate literacy across the whole school. Our Book Weeks normally have a theme and this year we are looking at ‘Reading Takes You Places’. A series of events will last from 20th to 24th March.
Enjoy a United Family Healthcare complimentary Individual Membership, when purchasing a Student Check-up Package for students under age 18. Membership entitles the student to enjoy a 20% discount on medical and 10% on dental services at all locations. For full details on individual membership and exclusions, click here
Cadence, a company that streams real-time translation into business meetings, has been accepted into an elite startup accelerator in San Francisco called 500 Startups. Five of the Beijing-based employees have temporarily moved to San Francisco for the program which provides funding and access to Silicon Valley’s best networks of talent and capital. Read more at …
Healthy tips to know!
How to cope witThe duration of the disease tends to last longer with improper home care; therefore, correct prevention and nursing measures are essential skills for all parents. Hope the following Q&As may help you cope with those common diseases.h persistent cough and fever?
2017 Asia Pacific Property Outlook is one of Colliers’ most professional publications with high influence and attention as well as being launched through various authorized and influential real estate platforms.
Pardoo Beef Corporation have announced their new programme named “First Growth” is set to be released starting June 2017.
The CAMP Summit is a 100-day program that brings together millennials who are passionate about social innovation and strengthening the Australia-China relationship. The Summit includes CAMP’s five-day face-to-face China Summit including 6 nights accommodation at the CAMP Innovators Hub and most meals and CAMP’s five-day face-to-face Sydney Summit including 6 nights accommodation at the CAMP Innovators Hub …
The BrandZ™ Top 30 Chinese Global Brand Builders report was produced by BrandZ™ and Kantar Millward Brown in collaboration with Google. The report identifies and ranks 30 Chinese brands across nine categories based on their strength outside of China, and provides insights and recommendations for global brand building. To see the full report click here, …
5 Reasons to Breakup With Your Doctor People often ask friends and family to recommend a new doctor for a number of reasons: they may have just relocated, there may have been a change in insurance coverage, they may have developed a new condition that requires an expert’s advice etc. However, not many people …
With the pollution getting heavier and the AQI increasing, Vista Medical Centre has provided some useful tips to cope in Beijing’s smog.
Gas fields in the Ordos Basin, 500km from Beijing. China would require vast amounts of gas to help with the transition away from coal. China’s latest half-a-trillion-dollar commitment to renewables will only boost the need for gas in the country, the only ASX-listed Chinese gas producer says. China late last week announced plans for a …
WAB’s New Air Filtration Systems Guarantee Cleanest Possible Air Did you know the WAB campus has the cleanest air in Beijing? All school buildings at Western Academy of Beijing are equipped with the highest grade air-filtration systems available, ensuring everyone breathes healthy air on campus. Despite improvement city-wide in recent years, Beijing still faces the …
THE ULTIMATE YEAR END PARTY AT CHINA WORLD HOTEL Looking for the perfect venue to host your year end party in Beijing? Just book the date with us at China World Hotel and let our Events Team handle the rest for you! Our celebration package starts from RMB 518* per person and includes: – …
Save your sick days for stay with your families. Flu Shots protect yourself and your loved ones!
Hong Kong International Medical Clinic, Beijing has been in the medical industry for 23 years since June 12, 1993. As an international medical institution, the clinic provides a team of experienced high-quality professionals, advanced equipments and elegant also spacious environment.
The United Family Healthcare (UFH) network flagship facility, Beijing United Family Hospital and Clinics (BJU), is celebrating 19 years of dedicated service. Since 1997, BJU has provided professional medical services with heartfelt care to thousands of Beijing’s expatriate and local Chinese families. The BJU main hospital campus is located on Jiangtai Lu in the Lido area. Other …
Hatchery has joined forces with 5Lmeet – a brand new lifestyle hub – to bring our culinary concepts to you at the new 5Lmeet Dongsi. 5Lmeet is the latest venture from Mao Daqing, who’s also the founder of leading co-working space UrWork. Nestled less than 100m from the Zhangzizhong Lu subway station, 5Lmeet’s newly-constructed development brings …
Stay two nights or more in a Premier Room or Grand Studio and have access to the Manor Club with our compliments. – Applies for bookings for a Premier Room or a Grand Studio – A minimum stay of two nights is required to have access to the Manor Club – The price is subject …
Every October before the ‘Flu season’ arrives, it is considered to be the golden time to get vaccinated against the flu. Vista Medical Centre provides the Sanofi Pasteur’s product Vaxigrip split-vision influenza vaccination, which meets the WHO and the EU requirements for 2016/17 flu seasons. They are safe and effective, with almost no side effects. Adults: …
A question that must be asked before using any translator or interpreter 你听说过职业责任险吗？ China is country of over 1.3 billion people. Each of them has different levels of skill or expertise in their fields. The country has changed so fast that the skills, systems and people are lagging behind. This leads to a great risk …