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China Updates – November 2023

CW CPA Office

Table of Contents Hong Kong Launches Scheme to Boost Commercialisation of Research and Development Outcomes On 18 October, Hong Kong’s Innovation and Technology Commission (“Commission”) launched the Research, Academic and Industry Sectors One-plus Scheme (“Scheme”). The deadline for this year’s intake is 30 November. Each eligible university can submit up to 15 applications during each […]

Your Guide to Employee Termination in China

Employment termination concept

Navigating employee termination in China is a delicate and often challenging process. You may be faced with the need to sever ties with an employee while operating in China. Whether it is due to underperformance, misconduct, or company restructuring, terminating an employment relationship requires prudent management. It also demands strict adherence to the relevant local […]

Key Takeaways from Hong Kong 2023 Policy Address

Drone fly over Hong Kong city at night

On 25 October 2023, Hong Kong’s Chief Executive John Lee delivered the 2023 Policy Address. The ambitious agenda contained almost 200 initiatives, setting out a roadmap for a continuing trajectory of growth and development. This article will present the key takeaways from the 2023 Policy Address. In particular, it will detail the range of initiatives and measures introduced to bolster the economy and support businesses.