Looking back to summarize 2017 we've seen many new developments the will influence 2018. Here is our summary about some of the more important changes for those of you doing business in or with China.
It is generally perceived that Xi Jin Ping got an overwhelming mandate to carry out his program and the personality cult built around him is compared to what Mao Zedong had. For foreign business it is one hand positive that there is a clear direction and that corruption has been severely curtailed. One the other hand it is quite clear that Xi’s policy is a China first policy and many of the initiatives and new rules coming out are still unclear and open for interpretation, giving uncertainty in compliance. Overall the trend is heading to a much stricter regulatory environment and especially for foreign companies. As always in China the recommendation is not to try to interpret the written law as there are big time lags and often adjustments from announcement to implementation, always engage with your local government officials to see what policies are under implementation.
Xi has been ruthless in punishing with corruption allegations anyone who do not align to his leadership. With over 1.1 million punished officials one might wonder when this group become so big that it can become a political force.
Scandic Sourcing has got an assignment from three regional development centers and the Swedish Agency for Economical and Regional Growth to assist promising regional food companies to explore opportunities in the China market. The assignment includes to provide training and advice to small and medium size food producers on Chinese food standards, import procedures, market structure and to qualify able producers for promotion activities in China including partner search.
The participating partners are Dalarna Science Park, Invest in Skåne and RISE Research Institutes of Sweden AB.
The Project will be carried out the first half of 2018.
For more information:
On November 7, 2016, China’s National People’s Congress promulgateda new Cybersecurity Law. The law will come into force on 1 june 2017.
The Law applies to the operations, construction, maintenance and use of information networks in China, as well as administration and supervision of the network security. Any company that operates a WFOE in China are now required to censor any information that is seemed as critical or banned and are demanded real name registration for any user of services like instant messages.The new law also requires that all personal information for Chinese citizens and any important business must be stored on storage devices inside Mainland China. However, any data that is transmitted outside of China by any entity must first be reviewed and approved. The new cybersecurity law also states that no individual will be allowed to use the internet to endanger national security, spread false information that can have consequences on the economic order, maintain public interest, etc.
We are looking for a Business Developer to join the team at our Shanghai office. The position offers a great opportunity to work in an international environment and with a broad spectrum of services within Business Consulting and Sourcing.
Get in touch with us and apply today.
China is the world's leading manufacturing country and the world's second largest economy, so hundreds of thousands of business people attend trade fairs in Shanghai from basically every country in the world hoping to buy or sell needed products and searching for business opportunities. Shanghai is a major exhibition center in East Asia. All kinds of cultural, business, educational, recreational and comprehensive expositions are held in the city all year round. Below are 6 large and interesting exhibitions that will be held in Shanghai shortly. Keep yourself updated and dont hesitate to visit and/or participate in one of them.
Venue: National Convention & Exhibition Center, Shanghai, China
The 22nd INTERNATIONAL BUILDING & CONSTRUCTION TRADE FAIR 2017 is a 4 day event, which will be held during March 22-25, 2017 at National Exhibition and Convention Center, Shanghai China. This event will showcase products like Building & construction material, green building material, chemical building material, building hardware, installation & tools, renovation products, quarry tile, pavement tile, Staircase, component, processing equipment, Windows, door, gate, facade etc. Read more
China Refrigeration is a 3 day event being held from 12th April to 14th April 2017 at the Shanghai New International Expo Centre(SNIEC) in Shanghai, China. China Refrigeration is one of the leading exhibitions in the world for Refrigeration, Air-conditioning, Heating and Ventilation, Frozen Food Processing, Packaging and Storage and more etc. in the Industrial Products industry. It features a wide range of exhibits, with the latest advances in technologies reflecting the most significant developments and achievements in the industry. China Refrigeration is an ideal marketplace for the companies in the industry to launch the latest products, technologies and to find what they want, for professionals to buy, sell and build up business network. Also various seminars will be held covering the latest and hottest topics in HVAC&R industry. Read more
IE Expo is a 3 day event being held from 4th May to 6th May 2017 at the Shanghai New International Expo Centre in Shanghai, China. This event showcases products like latform for the professionals in the environmental industry. IE EXPO China 2017 will cover all the high potential markets in environmental area, such as Water and Sewage Treatment, Waste Management, Site Remediation, Air Pollution Control and Air Purification. Along with the increased market demand and big support in the environmental industry from the Chinese government, the business potential in the environmental industry in China will be huge. Undoubtedly, IE expo China 2017 will be a “must” for the environmental players to exchange ideas and develop their business in Asia. Last year IE Expo China was once again underlined its position as the number one environmental technology show for China and Asia. In IE Expo 2016, there were 1,303 exhibitors from 30 countries presenting their lasted product and solutions in the environmental area to more than 43,000 trade visitors. Read more
PACKTECH & FOODTECH is a 3 day event being held from 17th May to the 19th May 2017 at the Shanghai New International Expo Centre in Shanghai, China. PACKTECH & FOODTECH co-locating with SIAL China is the largest event
ever organized for a completed chain from equipments to products in the
field of international food and beverage market in China. Since 2001, the
synergy of SIAL China and Packtech-Foodtech has attracted an increasing
number of players in Food and beverage Industry, allowing visitors and
exhibitors to take advantage of their synery. Read more
Keep updated about coming fairs in Shanghai here.
Page 1 of 11