The BUD Fund provides 2 programmes (“Mainland Programme” and “FTA Programmes”) to Hong Kong companies to brand, upgrade and promote in dedicated markets. The 1-to-1 matching fund gives a cumulative amount of HK$ 4,000,000.
Up to now (8/11/2020), the US presidential election doesn’t have a final projection yet. Democrat candidate Joe Biden won most of the swing states and more than 270 electoral votes. Republican candidate Donald Trump (the present president) doesn’t agree to lose and about to appeal to the Supreme Court. It is likely that another case … Read more
As COVID-19 epidemic slowed down in Hong Kong, China and Southeast Asia, it is time for Hong Kong companies to plan the business expansion. The BUD Fund is implemented by the Hong Kong Productivity Council. Under the Fund, the Mainland Programme and the FTA Programme (formerly known as ASEAN Programme) provide a one-to-one subsidy up … Read more
E-commerce in the Guangdong-Macau-Hong Kong Greater Bay Area (GBA) grows rapidly. There are plenty of platforms such as Taobao, Tmall, JD, Little Red Book and TikTok etc. The SUCCESS of Trade and Industry Department (TID) organizes the webinar “Exploring E-Commerce opportunities in the Greater Bay Area” and invites specialists in the industry to share latest … Read more
I had a gathering with an old client and talked about business. My friend is a gemstone businessman, his major business is jewelry design and material supply. He has been in the industry for more than 3 decades, witnessed the open policy of China and global economic change. Gemstone supply is a steadily periodic industry … Read more
Cambodia is at the centre of Southeast Asia. Several Special Economic Zones (SEZ) have been established and her economy is blooming in recent years. It is a hot spot for Hong Kong manufacturing business. The Hong Kong Trade Development Council (HKTDC) organizes the webinar “Business and Manufacturing Opportunities in Cambodia” and invites Mr Sin Siya, … Read more
The Hong Kong Productivity Council (HKPC) released the latest figures of “Dedicated Fund on Branding, Upgrading and Domestic Sales” (BUD Fund) in a press release. Due to the US-China conflict, the Chief Innovation Officer Dr Lawrence Cheung reflected that a lot of manufacturers moved their factories from mainland China to Southeast Asia (ASEAN members) and … Read more
George Leung Siu-kay, the CEO of the Hong Kong General Chamber of Commerce (HKGCC), expressed in “Letter to Hong Kong“, a RTHK programme, that Hong Kong is no longer a business-friendly place. The social gathering ban has frozen small businesses. Though subsidy and compensation is helpful, the most important is to control the virus spread. … Read more
If things go right, China will be in post-pandemic time and online marketing will be more important than ever. Chinese rely heavily on social media, such as early day Weibo(微博), Wechat(微信) and nowadays Little Red Book(小紅書), TikTok(抖音) and Kwai(快手) etc. The Research Department of Hong Kong Trade Development Council (HKTDC) posted an interview on 15th … Read more
The HKPC academy new retail seminar series introduces “Mainland China new retail”. The talk will cover Baidu search, Tmall e-Commerce and China O2O development. If you plan to explore the online business opportunity in China, you should know BUD Fund Mainland Programme. The programme supports Hong Kong companies to brand, upgrade, transform and expand domestic … Read more
The COVID-19 pandemic has tremendously impacted global supply chain and demand while Sino-US relation has declined to the lowest in decades. Thus many manufacturers moved their factories from mainland China to ASEAN region. On the other hand, China is proactively developing domestic market (“Circular economy”). The Free Trade Agreement (FTA) between China and the ASEAN … Read more
