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The Asia Sourcing Guide 2015

The Asia Sourcing Guide 2015

In this issue of Asia Briefing, we explain how and why the Asian sourcing market is changing, compare wage overheads, and look at where certain types of products are being manufactured and exported. We discuss the impact of ASEAN’s Free Trade Ag...

Q&A

I am the director of a medical device company in the U.S. and I am looking to fu...

I am the director of a medical device company in the U.S. and I am looking to fu...

There are a few options for you when looking to invest in the medical device industry. China is currently one of the world’s most promising markets for medical devices. China relies heavily on foreign imports for its medical supplies and device...

Q&A

How does China source its medical supplies and devices?

How does China source its medical supplies and devices?

China relies heavily on foreign imports for its medical supplies and devices. This is especially true for high-tech, high-price items, for which the U.S., Germany and Japan serve as major exporters. Additionally, there are several thou...

Q&A

Why is there such a discrepancy between foreign and Chinese producers of medical...

Why is there such a discrepancy between foreign and Chinese producers of medical...

The discrepancy between foreign and Chinese producers of medical devices is commonly attributed to the high entry barriers for the higher-end medical device market: producing more technologically advanced equipment is capital-intensive...

Q&A

How has the Chinese Government reacted to the discrepancy between foreign and Ch...

How has the Chinese Government reacted to the discrepancy between foreign and Ch...

This trend has recently led the China National Health and Family Planning Commission to announce the launch of a policy favoring local producers of medical devices, as a means of bringing down rising health care costs. The policy inclu...

Q&A

Which legislation regulates the supervision and administration of medical device...

Which legislation regulates the supervision and administration of medical device...

(State Council Order No. 650), effective June 1, 2014 Order 650 is the highest level regulation governing the registration and record-keeping of medical devices, requirements for product manufacturing and distribution, and liability fo...

Q&A

What is China's risk based classification and administration for medical devices...

What is China's risk based classification and administration for medical devices...

The classification regime for medical devices in China differs significantly from those in the European Union and United States. For example, a device considered to be Class II in the U.S. or Class II-a/II-b in the E.U. may be consider...

Q&A

How does the Catalogue of Industries for Guiding Foreign Investment regulate the...

How does the Catalogue of Industries for Guiding Foreign Investment regulate the...

The Catalogue is the framework document for setting restrictions/ prohibitions on foreign investment into certain industries in China, and is jointly issued by the National Development and Reform Commission and Ministry of Commerce. Re...

Q&A

What licensing regimes are put in place for commercial entities engaging in the ...

What licensing regimes are put in place for commercial entities engaging in the ...

Generally, any commercial entity engaged in the manufacture or trade of medical devices must obtain specific licenses in addition to the standard business licenses for operating a company in China. The procedures and requirements for o...

infographic

Labor Costs in China Versus ASEAN

Labor Costs in China Versus ASEAN

Average worker salary of cities such as Guangzhou, Bangkok, Ho Chi Minh City, Jakarta, Kuala Lumpur and Manila have been taken into account.

infographic

Corporate Taxation in China Versus ASEAN

Corporate Taxation in China Versus ASEAN

This infographic is the comparison of Corporate Income Tax (CIT) of the more developed ASEAN economies such as Indonesia, Malaysia, Philippines, Thailand and Vietnam.

infographic

Industries Eligible for Foreign Investment Through the China-Hong Kong CEPA Agre...

Industries Eligible for Foreign Investment Through the China-Hong Kong CEPA Agre...

List of industries that are eligible for foreign investment through the CEPA agreement.

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