Hong Kong: Recent Movements of Japanese-Affiliated Firms

In response to the changes in China such as a unified corporate income tax for domestic and foreign firms, preferential treatment for the high-tech industry and special emphasis on the environment, Hong Kong has continued to change its position. Japanese-affiliated firms operating in Hong Kong are continuing a transformation of their operational nature to improve the quality and ensure profits against a backdrop of the scale being on a downtrend.

Drive to Improve Quality Against Shrinking Sales

Six years have passed since the start of the 21st century. During that period, China's accession to the WTO (World Trade Organization), the lifting of import quotas by Europe and the …