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Home >> Industry Pulse >>2020 >> Industry Pulse about Media, Financial Support, Hotel & E-Commerce
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Industry Pulse about Media, Financial Support, Hotel & E-Commerce

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BritCham Guangdong connects and promotes businesses in the Greater Bay Area and bridges British business with Chinese enterprises. Every month BritCham Guangdong brings you news from our members which you may want to know about - Pulse offers you up-to-date industry insight through a 20-min read. BritCham Industry Pulse aims at joining the dots between our members and their market sectors.


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2020全球媒体调查报告媒体行业的最新挑战和趋势

 

记者每年都会面临新的挑战。今年,由于新冠疫情在全球的传播及泛滥,对记者们而言注定是不平凡的一年。虽然 Cision 在疫情宣布之前便发出了媒体现状报告调查问卷,但我们知道,新冠肺炎在 2020 年是不可能被忽略的:它已经对人们造成了影响,并将在可预见的未来继续影响我们。考虑到这一点,我们最近发出了一些专门针对新冠肺炎的补充问题,将在报告的特别章节进行讨论。虽然今年很艰难且充满不确定性,但也有一些正面的情况需要强调:在记者眼中,对媒体的不信任度正继续减少。更多记者能够直面媒体偏见,发现媒体偏见时,他们应该改变自己的报道方法,使全球受众受益。此外,公关人员和记者之间的关系也比以往任何时候都更重要,双方需要努力保持可靠和相互信任的关系以获取更多的资源。

主要亮点

  • 新冠肺炎改变了媒体行业的一切,但对媒体来讲,还是有许多没有变化的东西

  • 记者认为媒体的不信任继续减少,但这方面仍需努力

  • 记者是人,而偏见在人类不可避免;我们探讨偏见和记者之间的关系(及和公关人员的关联)

  • 社交媒体仍然很复杂,而对人工智能的期望不断下降

  • 公关外联需要比以往任何时候更具针对性和关联性以脱颖而出


特别章节
COVID-19 对媒体的影响随着新冠肺炎在全球泛滥,我们向记者了解此次疫情对他们的影响。他们的回答主要见下:

  • 电子邮件、电子邮件、电子邮件:通过电子邮件向记者推介;这是记者提及最多的推介工具, 尤其是现在面对更大的工作量以及更少的资源,电子邮件更加重要。

  • 现在我们都在家通过设备进行视频通话以及观看更多视频,让专家参与视频采访可谓是锦上添花。

  • 现在推介时找准本地新闻角度尤为重要;每个国家的危机处理方式不同,许多受访者只对本地新闻推介感兴趣。

  • 寻找新的新冠肺炎故事角度,推介正面故事。正如一位受访者所说,在这场危机中,我们都能获益于一点正能量。

  • 推介前公关人员必须继续研究媒体和记者。一些媒体已调用所有人员报道新冠肺炎新闻故事,其他类型的故事已经搁置。请务必了解记者现在的报道领域。

  • 耐心。记者现在忙得不可开交,因此从他们那里得到回复可能比平常需要更长的时间。


欲了解更多关于2020全球媒体调查报告媒体行业的最新挑战和趋势,请点击此处

 

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Analysis of New Measures for GBA Financial Support

 

On 14 May 2020, the People's Bank of China (PBOC), China Banking and Insurance Regulatory Commission (CBIRC), China Securities Regulatory Commission (CSRC) and State Administration of Foreign Exchange (SAFE) jointly issued the Opinions Concerning Financial Support for the Establishment of the Guangdong-Hong Kong-Macao Greater Bay Area (“the Opinions”). 

 

With the aim of serving the real economy, collaborating to achieve mutually beneficial growth, maintaining a market-oriented focus and preventing systemic financial risks, the Opinions put forward a total of 26 detailed measures across five areas:

  • Promoting cross-border trade and investment and providing the seamless delivery of financial services in the Greater Bay Area (“GBA”); 

  • Promoting the integration of financial markets and financial infrastructure; 

  • Increasing innovation in the financial services industry in the GBA; and

  • Effectively managing cross-border financial risks. 

 

The Opinions constitute a more comprehensive and clearly defined outline for the GBA's financial development initiatives, following the issuance of the Outline Development Plan of the Central Government and the State Council for the Guangdong-Hong Kong-Macao Greater Bay Area (“the Outline Development Plan”) in February 2019. While the timing, environment and social conditions are right for the development of the GBA, pain points around liquidity, currency, regulatory and talent challenges need to be addressed. The specific measures introduced in the Opinions provide responses and solutions to these pain points.

 

In the following sections, we will analyse the impact of the Opinions on promoting the development of financial services in the GBA across four aspects: interconnectivity, attracting foreign investment, financial technology (fintech) and cross-border financial risk management.

 

For more details about GBA Financial Support, social insurance cuts, financial stimulus, support for special industries and entities, please click here.

 

 

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Greater China Hotel Report 

 

Against the backdrop of a slowing domestic economy, coupled with global economic uncertainties and the protracted China–US trade war, the hotel industry in the Greater China region demonstrated weak performance in 2019. Among all major cities, including Beijing, Shanghai, Shenzhen, and Hong Kong, the Average Daily Rate (ADR) of five-star hotels shrank, and the occupancy rate dropped in Shanghai, Shenzhen and Hong Kong. Macau still managed a slight increase in ADR, but the occupancy rate fell. The weak growth trajectory of the hotel industry was further dragged down by the COVID-19 outbreak and this is expected to continue in the first half of 2020. 

 

In Beijing, the number of tourist arrivals declined, and demand for tourism accommodation weakened in 2019. The weak global economy, keen competition and huge amount of new supply have exerted heavy pressure on the local hotel market. In 2019, nine new luxury hotels opened in Beijing, providing an additional 2,315 rooms. Three five-star hotels are expected to open in Beijing in 2020, including the Beijing Qianmen Oriental Mandarin Hotel, the Beijing Tongzhou Hilton Hotel, and the Beijing Daxing Hilton Hotel. With these new hotels, the total number of luxury hotel rooms in Beijing will increase by 492, reaching 42,903 rooms in 2020.

 

In 2019, the annual growth rate of visitor arrivals to Shanghai slowed down. Shanghai received approximately 8.97 million international tourists, a slight increase of 0.4% YoY. However, the number of overnight visitors dropped 1% YoY to 7.34 million. As a result of the decline in overnight visitors, more stringent cost controls in business travel and the huge amount of new supply, the average occupancy rate dropped 0.9 percentage points YoY to 68.4% and the ADR of five-star hotels in Shanghai decreased 2.3% YoY to RMB959 in 2019. Eight luxury hotels were opened in Shanghai in 2019, adding 2,811 guest rooms to the market. By the end of 2019, the number of luxury guest rooms in Shanghai totaled 38,825, up 8% YoY.

 

In Guangzhou, strong economic fundamentals and good performance in the tourism and transportation sectors fostered the positive development of the hotel industry in 2019. According to the Guangzhou Bureau of Statistics, the number of overnight tourists increased 3.7% YoY in 2019, and total tourism revenue increased 11.1% YoY. In 2019, three five-star hotels were opened in Guangzhou – the Marriott International, the Rosewood Guangzhou Hotel and the Jumeirah Guangzhou – adding 534 rooms to the local hotel market. Looking ahead, with the future completion of several large-scale tourism projects, we expect that Guangzhou’s attractiveness a tourism destination will be enhanced, driving stronger demand for its hotel market.

 

The Chinese government has managed to control the spread of the virus in China mainland so far, we expect domestic tourism to regain its momentum in Q3 2020 

 

In Beijing, the number of tourist arrivals declined, and demand for tourism accommodation weakened in 2019. The weak global economy, keen competition and huge amount of new supply have exerted heavy pressure on the local hotel market. In 2019, nine new luxury hotels opened in Beijing, providing an additional 2,315 rooms. Three five-star hotels are expected to open in Beijing in 2020, including the Beijing Qianmen Oriental Mandarin Hotel, the Beijing Tongzhou Hilton Hotel, and the Beijing Daxing Hilton Hotel. With these new hotels, the total number of luxury hotel rooms in Beijing will increase by 492, reaching 42,903 rooms in 2020.

 

In 2019, the annual growth rate of visitor arrivals to Shanghai slowed down. Shanghai received approximately 8.97 million international tourists, a slight increase of 0.4% YoY. However, the number of overnight visitors dropped 1% YoY to 7.34 million. As a result of the decline in overnight visitors, more stringent cost controls in business travel and the huge amount of new supply, the average occupancy rate dropped 0.9 percentage points YoY to 68.4% and the ADR of five-star hotels in Shanghai decreased 2.3% YoY to RMB959 in 2019. Eight luxury hotels were opened in Shanghai in 2019, adding 2,811 guest rooms to the market. By the end of 2019, the number of luxury guest rooms in Shanghai totaled 38,825, up 8% YoY.

 

In Guangzhou, strong economic fundamentals and good performance in the tourism and transportation sectors fostered the positive development of the hotel industry in 2019. According to the Guangzhou Bureau of Statistics, the number of overnight tourists increased 3.7% YoY in 2019, and total tourism revenue increased 11.1% YoY. In 2019, three five-star hotels were opened in Guangzhou – the Marriott International, the Rosewood Guangzhou Hotel and the Jumeirah Guangzhou – adding 534 rooms to the local hotel market. Looking ahead, with the future completion of several large-scale tourism projects, we expect that Guangzhou’s attractiveness a tourism destination will be enhanced, driving stronger demand for its hotel market.

 

  • Annual leave, unpaid leave and reduction of hours during COVID-19 

  • When can you lawfully "stand down" an employee without pay? 

  • Immigration policy during COVID-19: Visa, work permits and residence 

  • Latest quarantine measures 

  • Data protection issues 

  • Steps to protect the health and wellbeing of staff 

  • Self-isolation and social distancing –how they impact at work 

  • Employee travel Legal ramifications arising out of "work from home"

 

For more details about Greater China Hotel Report, please click here.

 

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China's Cross-Border E-Commerce Expands Further Across China 

 

Businesses looking to enter the Chinese market can take advantage of China's Cross-border E-Commerce Pilot which has recently been expanded twice in 2020 alone covering more cities and regions, with promise to expand further into regions and cities across China.

 

As of January 1, 2019, the Cross-border E-Commerce Pilot was implemented only in 37 cities, including Beijing. 

 

Since then, the program has had an enormous success, and the Chinese State Council has decided to expand the pilot program further. 

 

The State Council approved the first expansion on January 17, 2020, and later April 27, 2020 made the second expansion and the extent of the extensions will open opportunities to a total of 105 cities and regions across the country including Shijiazhuang, Hainan and Xiongan.

 

Within the one year of operations, the various government ministries had bolstered the program with policies to tackle issues related to standardization of procedures, quality control, and protection of consumer rights and interests. 

 

Last year's figures from the Chinese customs statistics show that in 2019 the cross-border e-commerce retail imports increased by 16.9% year on year, totalling $12.95 billion US dollars.[1]

 

Economically the positive impact in the country has seen an enriching of domestic product supply, the development of new business, more consumption, and satisfying the population’s needs.

 

Cities which have been chosen for the expansion of the Cross-border E-Commerce Pilot contain newly established cross-border e-commerce zones, proactive support for cross-border e-commerce to expand consumption and can accept assistance in the development of the region. 

 

Furthermore, the State Council on April 7th, 2020, improved the pilot program stating that retail export goods under all pilot zones will be exempted from VAT, Consumption Tax and Enterprise Income Tax.[2]

 

With this year's expansion and added incentives to the pilot program will inevitably produce an even greater economic return, leading to the realization of the suggested further 86 cities expansion.



For more findings about China's Cross-Border E-Commerce Expands Further Across China, please click here.

 

Want to contact BritCham members who contributed to the above reports?

Want to contribute your report to BritCham Newsletter?

Please contact events@britchamgd.com

 








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