China:SF 旧金山市对华办公室

🗞️𝐂𝐡𝐢𝐧𝐚𝐒𝐅 𝐍𝐞𝐰𝐬 𝐃𝐢𝐠𝐞𝐬𝐭
Hong Kong was South Korea’s seventh-largest trade partner as of 2021, with exports and imports totalling US$39.71 billion, up 23 per cent on 2020.
The city is the key entry point for South Korea’s merchandise trade with China, and much of its exports to Hong Kong are re-exported to the mainland.

Kim Bo-eun (Apr 28, 2022) Hong Kong-South Korea economic ties set for a ‘boost’ under world’s largest trade pact

South China Morning Post
https://www.scmp.com/economy/china-economy/article/3175858/hong-kong-south-korea-economic-ties-set-boost-under-worlds?module=lead_hero_story&pgtype=homepage

World’s biggest trade deal set to boost Hong Kong-South Korea economic ties Trade between South Korea and Hong Kong is expected to accelerate if the city successfully joins the RCEP trade pact, despite recent concern over its anti-pandemic controls and political situation.

𝐏𝐚𝐫𝐭𝐧𝐞𝐫'𝐬 𝐍𝐞𝐰𝐬: 𝐒𝐭𝐚𝐧𝐟𝐨𝐫𝐝 𝐬𝐞𝐦𝐢𝐧𝐚𝐫𝐬 “𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬𝐡𝐢𝐩 𝐢𝐧 𝐀𝐬𝐢𝐚𝐧 𝐇𝐢𝐠𝐡-𝐓𝐞𝐜𝐡 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬”

Over the course of the spring public seminar series, the most recent trends, patterns, and challenges of entrepreneurship in Asia and their relevance to Silicon Valley and the U.S. Guest speakers include entrepreneurs, investors and mentors, and other experts on the current entrepreneurial ecosystems of major economies across Asia will be explored.

Learn More and Register Now: https://asia.stanford.edu/courses-events/upcoming/

Upcoming – US-Asia Technology Management Center Below is a list of our all of our upcoming and recent events. These include special events and free seminars open to the public involving a variety of topics and speakers. Check back often to find out what’s coming up.

𝐀𝐬𝐢𝐚𝐧 𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧 & 𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐈𝐬𝐥𝐚𝐧𝐝𝐞𝐫 𝐇𝐞𝐫𝐢𝐭𝐚𝐠𝐞 𝐌𝐨𝐧𝐭𝐡
Celebrate Asian Americans and Pacific Islanders cultural heritage throughout the month of May.

The APA Heritage Awards & Reception is San Francisco’s signature celebration event for Asian American and Pacific Islanders Heritage Month.

Registration for the event is now live! Admission to the event is free but RSVP is required. Don’t hesitate to register for the celebration event!

Time: May 4, 2022 - 5:30pm PST
Venue: Herbst Theater, 401 Van Ness Avenue, San Francisco

Visit the Celebration Guide to find events, expand your bookshelf, and find inspiration: apasf.org


Asian Pacific American Heritage Month (San Francisco)

🗞️𝐂𝐡𝐢𝐧𝐚𝐒𝐅 𝐍𝐞𝐰𝐬 𝐃𝐢𝐠𝐞𝐬𝐭
Growing number of cross-border financial services will allow investors to diversify portfolios under the GBA Wealth Management Connect scheme.
HSBC is smoothing the way for Hong Kong-based investors looking to gain access to the rapidly expanding GBA market.

Morning Studio editors (Apr 11, 2022) Greater Bay Area opens door to new opportunities for Hong Kong investors

South China Morning Post
https://www.scmp.com/presented/business/banking-finance/topics/gba-opens-doors-investment/article/3173397/greater-bay

GBA opens door to new opportunities for Hong Kong investors The growing number of cross-border financial services will allow investors to diversify portfolios under the GBA Wealth Management Connect scheme, and HSBC is helping Hong Kong-based investors access the market.

Celebrate Asian American & Pacific Islander Heritage Month throughout the month of May. Visit the Celebration Guide to find events, expand your bookshelf, and find inspiration: apasf.org




Asian Pacific American Heritage Month (San Francisco)

🗞️𝐂𝐡𝐢𝐧𝐚𝐒𝐅 𝐍𝐞𝐰𝐬 𝐃𝐢𝐠𝐞𝐬𝐭
New ByteDance app Qishui Yinyue, which translates to ‘soda music’ in Mandarin, was updated on Wednesday after its release last month
The tech unicorn’s push into China’s music-streaming market pits it against Tencent Music Entertainment Group and NetEase subsidiary Cloud Village

Ann Cao (Apr 8, 2022) TikTok owner ByteDance pushes music-streaming service on mainland to challenge Chinese market leaders Tencent, NetEase

South China Morning Post
https://www.scmp.com/tech/big-tech/article/3174295/tiktok-owner-bytedance-pushes-music-streaming-service-mainland

TikTok owner ByteDance challenges Tencent, NetEase in China’s music-streaming market New ByteDance app Qishui Yinyue, which translates to ‘soda music’ in Mandarin, competes against the market-leading platforms run by major units of Tencent and NetEase.

Join us with San Francisco Business Times, Nixon Peabody LLP, Moss Adams Careers, Global SF, Bay Area Council and Manex Consulting for a conversation on the topic of "Bridge from China".

The economic relationship between China and the United States is the most critically important one for both countries and may be the most integral commercial linkage in the world. The headlines and cable news chyrons display the reality that this relationship is under stress. However, despite diplomatic, trade, and macroeconomic friction – there is still considerable activity between the 1st and 2nd largest economies, especially in the Bay Area. San Francisco and the larger region has long been a hub of cross-border trade and investment. What is happening now and how can companies doing business with and in China navigate the current environment and plan for the future? Our panel of experts will provide both their thoughts on strategy and also practical advice to succeed despite the turbulence.

For more information, please contact Felicia Brown at [email protected].

Get tickets now: https://www.bizjournals.com/sanfrancisco/event/167585/2022/bridge-from-china-2022

Bridge from China 2022 - San Francisco Business Times Bridge from China: View to the Future

🗞️𝐂𝐡𝐢𝐧𝐚𝐒𝐅 𝐍𝐞𝐰𝐬 𝐃𝐢𝐠𝐞𝐬𝐭
G-bits Network, whose Wen Dao game ranks among the top 30 downloads in local Appstore, pays record dividend.
Move follows recent dividend windfall for Tencent shareholders as freeze in new approvals disincentivises capital spending.

Ann Cao (Apr 8, 2022) Chinese online games developer G-bits pays record dividend as crackdown dents outlook for capital spending

South China Morning Post
https://www.scmp.com/business/article/3173653/chinese-online-games-developer-g-bits-pays-record-dividend-crackdown-dents

Chinese games developer follows Tencent with bold dividend plan amid crackdown G-bits Network to pay a record US$108 million annual dividend after stellar year, even as stock slumped 30 per cent since China froze approval for new games in July last year.

𝐏𝐚𝐫𝐭𝐧𝐞𝐫'𝐬 𝐍𝐞𝐰𝐬: 𝟐𝟎𝟐𝟐 “𝐖𝐢𝐧 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞” 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐨𝐧𝐭𝐞𝐬𝐭 𝐟𝐨𝐫 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬 𝐢𝐧 𝐍. 𝐀𝐦𝐞𝐫𝐢𝐜𝐚

The “Win the Future” Venture Contest for International Entrepreneurs is organized by the Suzhou International Elite Venture Week Alliance. It aims to create a high-level innovation and entrepreneurship platform for overseas high-level entrepreneurs. It has attracted a large number of overseas high-level entrepreneurs and excellent projects to visit Suzhou for further cooperation.

Darlene Chiu-Bryant, Executive Director of GlobalSF will be featured as a keynote speaker at the 2022 Win-the-Future global business competition.

2022 “Win the Future” series Venture Contests for International Entrepreneurs are scheduled to be held from April to July 2022 in Suzhou, China and participated virtually worldwide.

This year, “Win the Future” Venture Contest will be held both online and offline on site in Suzhou. Participants could be from various industries, including information technology, biomedicine, nanotechnology, artificial intelligence, new materials, new energy, biotechnology, equipment manufacturing, integrated circuits and software, smart grid, service outsourcing, modern communications, and environmental protection etc.

The competition includes two stages: N. American regional competition and global final competition. The winner of each regional group will enter the 2022 “Win the Future” Venture Contest for International Entrepreneurs final competition.

Regional competition: April 15, 2022*
Final competition: July 8, 2022*
Application deadline: April 10, 2022*
*China Time

Contact information:
Tel: +86-180 3683 4856, +86-186 6257 0100
E-mail: [email protected]

Global entrepreneurs and teams are welcome to register as early as possible. Please e-mail your project introduction and the project coordinator will assist you to fill up the official application form and offer you the essential guidance for the contest.

For more information: http://www.szwinthefuture.com/

ChinaSF & SFAsia Lunar New Year Reception - Roar into the Year of Tiger was held successfully on Thursday, March 10, 2022.

To view the gallery of photos please click here: https://www.globalsf.biz/lny-gallery-2022

For those of you who may have missed the live panel discussion which focused on investment trends between San Francisco and the Greater Bay Area in China and Asia, you can view it in its entirety by clicking on the link here: https://www.globalsf.biz/lunar-new-year-reception-2022

We appreciate the generous contribution of our sponsors the San Francisco Office of Economic & Workforce Development (OEWD), Onelin Capital Corporation, City of Guangzhou and BNY Mellon Wealth Management for making the event possible.

We look forward to meeting again soon at our next in-person event!

🗞️𝐂𝐡𝐢𝐧𝐚𝐒𝐅 𝐍𝐞𝐰𝐬 𝐃𝐢𝐠𝐞𝐬𝐭
Xpeng topped its peers with sales rising nearly 150 per cent month on month in March to 15,414 units.
Carmakers’ sales in the second quarter will be affected by China’s Covid-19 outbreaks as they will have to overcome supply chain issues to maintain production.

Tracy Qu (Apr 1, 2022) Xpeng, NIO, Li Auto shrug off Covid-19 lockdowns, production slowdown to post bumper sales in March

South China Morning Post
https://www.scmp.com/business/china-business/article/3172823/xpeng-nio-li-auto-shrug-covid-19-lockdowns-production

Chinese EV makers shrug off Covid-19 lockdowns to post bumper sales in March China’s three biggest smart-electric carmakers reported bumper deliveries in March after stuttering a month earlier, shrugging off the impact of Covid-19 lockdowns on sales and production.

🗞️𝐂𝐡𝐢𝐧𝐚𝐒𝐅 𝐍𝐞𝐰𝐬 𝐃𝐢𝐠𝐞𝐬𝐭
The People’s Bank of China said it would expand the scope of use of China’s digital fiat currency this year
The Digital Currency Research Institute is offering monthly salaries as high as 120,000 yuan (US$18,800) to recruit engineers and developers

Coco Feng (Mar 25, 2022) China’s central bank on hiring spree to expand e-CNY digital currency trial

South China Morning Post
https://www.scmp.com/tech/big-tech/article/3171881/chinas-central-bank-hiring-spree-expand-e-cny-digital-currency-trial

China’s central bank on hiring spree to expand e-CNY trial The People’s Bank of China said it would expand the scope of use of China’s digital fiat currency this year.