Webinar: Account Receivable in China

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Cashflow is the blood of a business. It is absolutely troublesome not to get the Account Receivable, especially in Mainland China. The TID SUCCESS invites RMS, 170-year experience in receivable management, to share tips of account receivable management in China. The webinar will cover prevention and debt processing. With real cases, the speak will also … Read more

BUD Fund: Preview 2022

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Hong Kong experienced unprecedented changes since 2019. Social unrest in 2019, National Security law and the change in trade status in 2020, and also global COVID-19 pandemic, all make fundamental changes to Hong Kong business environment. As BizMagnet government funding consultant expected, the HKSAR Government cannot reduce support to business due to political and economic … Read more

Webinar: Government Funding Support

Under challenges of the globe and the region, the Hong Kong Government upgraded the FTA Programme of the BUD Fund to FTA & IPPA Programme in July 2021. Besides ASEAN and other FTA regions, it extends to Japan and Korea. The upper limit of funding (both Mainland Programme and FTA & IPPA Programme) raised from … Read more

T-BOX: Intro to BUD Fund

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From July 2021, the FTA Programme of the BUD Fund has upgraded to “FTA and IPPA Programme“. Besides the ASEAN and FTA economies, the Programme now supports also Japan and Korea. The total subsidy of Mainland Programme and FTA and IPPA Programme increases from HK$4 million to $6 million. By the BUD Fund, HK enterprises … Read more

BUD case study: from material supply to brand

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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

BUD Fund grant $260m in 1st half of 2020

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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

Hong Kong is no longer a business-friendly place

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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

Webinar – China new retail (Search, eCommerce, O2O)

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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

Webinar: How to choose online marketing channel in mainland China

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Hong Kong business is always seeking business opportunity in mainland China. Therefore, the Hong Kong Trade Development Council (HKTDC) invites Chois (Strategy Consultant of Source Network Media Group) to introduce the self-media in China (such as weibo and other social medias). It will cover the characteristic, target audience and operation of these self-medias. Attendants can … Read more

Webinar: China-ASEAN FTA to Chinese market

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