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Specialty Chemicals in China: Catalysts for growth

Driven by the expansion of the country’s manufacturing industry, China’s specialty chemicals sector will grow faster than the economy as a whole over the next several years. In some product categories, revenues may rise by up to 50 percent per annum. Yet there are many factors to take under consideration for foreign companies that plans to make long-term investment plans.

Alternative energies in China: Which way will the wind blow?

KPMG in China and Hong Kong SAR is proud to be continuing its thought leadership series with an analysis of the market for alternative energies in China. We have seen growing interest in this subject among our clients, especially over the past 12 months.

PRC Enterprise Income Tax Law

Pursuant to the Enterprise Income Tax Law of the PRC (the "EIT Law"), resident and non-resident enterprises deriving income from the PRC are subject to Enterprise Income Tax ("EIT"), The EIT Law, promulgated by the National People´s Congress on 16 March 2007 (effective fron 1 January 2008), introduced a new uniform income taxation regime in the PRC, replacing the previous bifurcated regime under which foreign-invested enterprises ("FIEs") and domestic enterprises were subject to two different sets of income tax laws.

Automotive dealerships in China: Accelerating Performance

This report aims to examine a segment of the automotive industry that will grow in importance in the coming years. Although levels of profitability for the Original Equipment Manufacturers (OEMs) in China in 2006 were generally good it is almost self-evident that the sustainability of these profits will come into question sooner or later, as China's automotive market develops to the point where it starts to look more like the mature environments of Japan, the United States, and Europe.

Retail Outlook for China

A KPMG publication presenting an update on pertinent business issues following China’s accession to the World Trade Organisation in 2001 and the subsequent easing of restrictions on retailing, wholesaling and franchising across the country.

Luxury brands in China

China has experienced a relentless surge in consumer buying power since the 1990s. The Chinese consumer has become wealthier and more accepting of Western retail formats – with international supermarket chains, department stores and mass retailers paving the way for luxury retailers.

Securities industry in China: Finding the bull

Successful financial services business in China is often about creating opportunity before it appears as an opportunity to the majority. The securities industry presents a perfect case where the successful will require that first comer insight and the knowledge which will give them the edge.

China Automotive and Components Market 2005

China´s automotive sector has been on a rollercoaster ride. To date 2005 has been a relatively positive year for the industry, yet views on the long-term development of the market cover a wide range of options.

China: Intellectual Property Rights

Multinational companies (MNCs) that are operating in China have traditionally employed a narrow, legally-based approach in protecting their intellectual property rights (IPR). This approach, which has proven largely satisfactory at home, in the US, Europe or Japan, often does not work in developing markets such as China.

Retail Outlook for China

China´s position as the factory of the world is well established for many consumer product categories. Indeed China´s factories are often the number one choice for production outsourcing.

Foreign insurers in China: Opportunity and risk

The insurance industry in China today has got to be one of the biggest financial services sector growth industries in the world. This report from KPMG and Reuters surveys the risks and opportunities for foreign companies in China´s insurance industry, and what it will take to be successful.

Petrochemical and Plastics Industry Outlook for China

China and the chemicals industry is a phenomenal growth story. China has grown to be the third-largest producer of chemicals and petrochemicals globally and has reported growth rates of circa ten percent per annum for the last ten years.

China´s city commercial banks: Opportunity knocks?

There has been mounting interest in China’s large and problematic banking sector as foreign institutions continue to jockey for position. Government regulators have been focused on solving the systemic problems that plague the industry while foreign investors have been opening their wallets to purchase stakes in joint-stock banks.