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10 MARCH 2021	View in Browser

HEADLINES: China's Two Sessions: The Impact on Foreign Investors, New China Tax & Investment Incentives, Special Focus On South-West China and Vietnam, China SME Start Up Case Study
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This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.
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In this week's Asia Briefing Weekly we cover the recent China 'Two Sessions' forum, looking away from the politics and what it means for foreign investment and current investors in China. South-West China was also discussed at the event, we examine the prioritized regional developments and take a look at upcoming opportunities in the neighboring Vietnam market. Finally we have a case study of SME's can start up and succeed in China.
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CHINA

China's Two Sessions 2021: What's New On The Agenda?

Preferential tax incentives, enhancing ASEAN, RCEP, EU trade deals, resurrecting CPTPP, improve US relations, changeable GDP growth, urban planning, R&D development, and increased disposable income level targets.

Putting China's 2021 Two Sessions Government Work Report Into Perspective

Away from all the political hype, Dezan Shira & Associates Beijing Parner Kyle Freeman takes a look at the Two Sessions and what the implications are for foreign investors in China.

China's 14th Five Year Plan: Decoding The Communique

Replacing high-speed growth with high-quality growth; rebalancing the economy with supply-side structural reform; expanding domestic demand, while developing international export markets; driving modernization through innovation and technological advancements; and promoting high-end, intelligent, and green production.

How To Start A Business In China: Interview With Chris Devonshire-Ellis

The US entrepreneurs platform Starter Story interview with our Founding Partner. Essential reading for anyone thinking at starting a business in China with plenty of tips and common sense.

VIETNAM

Investment Opportunities In Vietnam's Garment & Textiles Industry

Vietnam is among the top textile-producing countries and apparel exporters in the world, emerging as an ideal alternative to China. Major factors driving industry growth are growing textile exports derived from multilateral free trade agreements and low labor costs.

Vietnam Approves New ASEAN Protocol; Promotes Regional Trade & Investment

The ASEAN Comprehensive Agreement is a negotiation between ASEAN member states, focusing on enhancing protection, promotion, facilitation, and liberalization for regional investment. A new amendment aims to promote further investment and integration in the region, moving closer towards the objective of establishing a fair and transparent investment environment.

Vietnam's Binh Dinh Industrial Zone: Why Investors Should Take Note

Binh Dinh is located in Vietnam's Central Region and is surrounded by Quang Ngai province to the north, Gia Lai province to the east, and Phu Yen province to the south. These circle Hanoi and Ho Chi Minh City meaning economic growth is likely to flow into the Central Region.

SOUTH-WEST CHINA

China Prioritizes Sichuan-Tibet Rail & Western Land-Maritime Corridor

Schemes provide seaport access for Tibet and Sichuan to ASEAN, with possible future access to India via Nyingtri. The Guangxi coast will see huge Port development, with implications also for Hainan Island, and opens up access to China’s hinterlands of 280 million people.

Asia's Highest Altitude Tunnel Completed: Links Gansu & Qinghai

The Dongshan Tunnel is a key China infrastructure project to serve the Belt & Road Initiative. It is expected to significantly increase traffic flow between Gansu and Qinghai, cutting more than 400 kilometers on the previous road connections and about five hours in time.

Investing In China's Western Provinces: The New Encouraged Industry Catalogue

China has rolled out the latest Encouraged Catalogue for Western China in a bid to attract investment into its vast western region. Lower corporate income tax rates and other preferential treatments are available as the area acquires strategic importance as China seeks to enhance its regional supply chains.

Investing in Yunnan: Industry Profiles, Economics & Supporting Policies

In 2020, Yunnan’s total GDP reached US$320 billion, a 8.1 percent year-on-year growth rate – making it one of the fastest growing regions of China. It is the China's fifth largest province and borders three ASEAN countries with whom it shares Free Trade Agreements.

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UPCOMING EVENTS IN THIS MONTH

Manufacturing in India 2021: New Champion Sectors and Incentive Schemes

Webinar | March 11, 2021 | 2:30 PM India Time

HR Audit e Compliance: aspetti critici nelle assunzioni e nella revisione della gestione delle risorse umane in Cina

Webinar | March 15th, 2021 | 4:00 PM CET

Opportunities for European Investors in “Green Technologies” in Russia and China

Webinar | March 17, 2021 | 11:00 AM CET

HR Trends in China Executive Recruitment, Income Tax, Labour Contracts, Benefits

Webinar | March 18, 2021 | 9 AM CET (Berlin time)

Key Points to Learn before Leasing Space for Your Business in China (CN)

Webinar | March 24, 2021, 15:30-16:30 China

Recruiting in China in 2021: HR Planning and Talent Acquisition for SMEs (CN中文）

Seminar | April 1, 2021 | 3:00 PM - 4:30 PM | Nanjing, China

Master Global Management for China (GMC) 2021 – Tax, Accounting and Audit

April 19, 2021 | Ancona, Italy

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