URBANISATION

Breaking into the Mainland Consumer Market – HKTDC’s Top 30 Cities (2015)

29 June 2015

Urbanisation looks set to gather speed in China. In future, increases in the urban population will mainly take place in small and medium-sized cities. As economic development shifts to the lower-tier and inland cities, the economic level and consumption power of cities at different levels are going up steadily. Among the numerous cities on the mainland, the HKTDC, based on a set of scientific criteria, has selected the 30 that offer the most promising consumer markets. More

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Yangtze River Delta Urbanisation: Jiangsu’s Changing Retail Scene

20 March 2015

Urbanisation has not only changed the retail landscape of the larger cities, it has also stimulated the consumer markets in the smaller, county-level cities. Companies wishing to enter these emerging county markets should pay attention to the differences in local consumption patterns, as the rise of middle class purchasers and online sales have started to change the demand there. More

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Opportunities in Vietnam’s Infrastructure and Real Estate Services (IRES) Market

09 March 2015

Vietnam’s accelerating economic growth and continued urbanisation has revitalised the country’s construction and real estate sector. The influx of foreign investment is also driving up demand for quality properties and infrastructure. With their sophisticated construction and engineering expertise, Hong Kong IRES services providers - including architects, engineers and project consultants - could now find ample business opportunities in Vietnam’s construction sector. More

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Integrated Services Tap Into China’s Infrastructural Development Opportunities

23 January 2015

China’s progress toward urbanisation has been unprecedented in its speed and scale over the past decade and has created vast business opportunities for a variety of service providers. In the process, a number of rural counties have been transformed into developed areas, while construction works have become commonplace in many parts of the country. Infrastructure services provider AECOM, however, points out that people rather than the hardware remain the core of the urbanisation. More

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Smart Cities Augur Well for IoT Opportunities in Yangtze River Delta

08 January 2015

According to China’s new-style urbanisation plan for the YRD, several clusters of smart cities will be developed. This will, of course, boost demand across the region for Internet of Things services. Hong Kong’s IoT industry players excel in utilising technologies that have been developed in accordance with widely-accepted international standards/frameworks, and strong demand in the YRD region for IoT has created opportunities for those competent players looking to enter the market. More

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Two policy directions to achieve steady economic growth, says report

27 May 2014

A report published by the Chinese Academy of Social Sciences (CASS) has identified two policy directions for China to achieve steady economic growth: first, promote sustainable infrastructure construction and advance new-style urbanisation; second, develop high value-added modern services and high-end manufacturing. More

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New-style urbanisation plan sets out five goals

27 March 2014

The Chinese Communist Party Central Committee and the State Council have lately released the National New-Style Urbanisation Plan (2014-2020), which points out that urbanisation is an essential route to modernisation, an important solution to addressing problems related to agriculture, the rural areas and farmers and a major force to promote coordinated regional development, stimulate domestic demand and drive industrial upgrade. More

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Third plenum and central economic and urbanisation work conferences: opportunities and impact

31 December 2013

After the Third Plenary, the Central Economic Work Conference pointed out the key points of industrial restructuring and further opening up to the outside world in the coming year. Although the overall plan for urbanisation has yet to be revised, the central urbanisation work conference has divulged development directions such as easing restrictions on the hukou system in medium and small cities, optimising land-use efficiency, and raising the level of urban construction. More

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China’s packaged food market: capitalising on the rising demand for premium imported items

08 November 2013

The many incidents involving food safety and quality on the Chinese mainland over recent years have undermined consumers’ confidence in local food, driving some of them to turn to imported and international branded packaged food and beverages. From 2008 to 2012, China’s packaged food and beverage market grew by an average 15.2% annually, way above the world’s average at 4.1%, underscoring mainland consumers’ growing appetite for these products. More

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Guangxi: China’s link to ASEAN free trade opportunities

11 October 2013

Trade facilitation of the CAFTA has boosted the China/ASEAN trade, while reinforcing Guangxi’s status as China’s bridgehead to the ASEAN market. Coupled with improving infrastructure, low production costs and the ASEAN opportunities, Guangxi is increasingly attractive to enterprises that are looking for opportunities to expand their production and trading activities. Enterprises there are also the potential clients for Hong Kong’s logistics and supply chain management services providers. More

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