China’s Social Credit System: What businesses should know
How China started to measure trustworthiness of businesses At the beginning of the 21st century the Chinese government began to make systematic use of new mediating technologies to measure the trustworthiness and financial creditworthiness of individuals and businesses. Establishing an online financial credit system was seen as key to better integrating China into the global […]
China reacts to the death of former French President Jacques Chirac | Daxue Consulting
On Thursday, Sep 26th, the former French President Jacques Chirac passed away in Paris at the age of 86. His influence was felt across France as thousands of French people, despite harsh weather condition, queued in Paris on Sep 29th to pay their last tribute after the funeral. Jacques Chirac, center-right socialist politician, served as […]
Modern tools for managing humanity: AI used by the Chinese government | Daxue Consulting
AI used by the Chinese government “The dividend of government policies is a key factor behind China’s AI development.” Baidu co-founder and CEO Robin Li was quoted saying at the 2018 Baidu World Technology Conference in Beijing. One of the Chinese government’s greatest ambitions, with the Communist Party at the forefront, is to make China […]
Chinese insurance market: Mainland Chinese buy insurance products in Hong Kong and make asset allocation
Chinese insurance market In recent years, medical and living expenses have gradually increased. A comprehensive security plan is an effective way to cope with high medical expenses and loss of returns. In addition to Mainland Chinese insurance products, more people now prefer Hong Kong insurance products. According to the statistics of the China Insurance Regulatory […]
China’s food and beverage market: Perceptions of Food imports into China | Daxue Consulting
There is a growing demand for overseas food brands in China Food imports into China exceed 60 billion dollars. In 2017, China imported 61.65 billion dollars worth of food, indicating a rise of 11.1% compared to 2016. The biggest Chinese imports were meat, dairy, and seafood. The meat was valued at 9.5 billion dollars with […]
Importing food to China: How to get foreign food products past China’s iron gate | Daxue Consulting
Importing food to China in 2019. Consumers demand for imported food in China has been growing steadily over the last several years. In 2017 China imported 53 million tons of food, up 36.5% from the year before. The value of the food imported also rose by 25%. Figure 2: Food-navigator Asia In 2017, China’s total […]
China market entry: Australia-China Trade Agreement
China market entry: Australia-China Trade Agreement China and Australia has been strengthening economic relationship for the last decade. Australia-China Trade Agreement, which was initiated by two partners in 2005, has officially pointed a need for bilateral negotiations. Although it was not completed due to certain disagreement on agricultural sector, it was a step toward closer […]
What is the power of China manufacturing associations?
What is the power of China manufacturing associations? Chinese industry is booming for many years. During this period, China improves its influence in many sectors, taking advantage of its industrial superpower. But in domestic market, how the powerful manufacturing players have evolved following this rocketing growth? There are many associations which have been created and […]
Report on CIQ licence in China
The Main Process to Get CIQ License in China 1. Create and record the filling of the importer. 2. The place of registration must be in the Industrial and Commercial Bureau of Beijing (No matter where the port that food and beverage products will be imported in is). 3. Consignee should be the same person […]
China research: China customs
This article gives a brief introduction about China Customs. China Customs is the organization responsible for the flow of goods into and out of the country. This article will particularly concentrate on the tariffs issued by Customs. Tariffs are the taxes placed on imported or exported goods. It is mandatory and its rate is pre-set […]
The Great Firewall of China
The Great Firewall started since 2002 The name ‘Great Firewall of China’ came from an article written by a man called Charles R. Smith on May 17th 2002 about the internet censorship in China. It is another name for China’s national public network monitor system, also called GFW for short. GFW is a sub-function of […]
Research on China Retirement
Background Population ageing is one of the greatest challenges that social policy makers are facing, while China’s population is aging faster than that of any other country in the world. Increasing life-expectancy and low fertility rates have meant that there are less active workers to support retirees than in the past. According to the statistics, […]