China Market Intelligence

March 18th, 2015
Nick Marro

There are new signs that China’s push for a consumption-based economy may be paying off. In 2014, the national retail market stood at 26.2 trillion RMB ($4.18 trillion), representing an increase of 12 percent year-on-year. Online transactions accounted for almost half of this boom, with reports from the Ministry of Commerce (MOFCOM) indicating that e-commerce grew by 21.3 percent to 13 trillion RMB ($2.09 trillion) over the last year, buoyed by the expansion of internet access,...

March 18th, 2015
Owen Haacke

President Xi Jinping’s call during the recently concluded National People’s Congress (NPC) to use an “iron fist” to crack down on polluters reinforced statements made just one year ago by Premier Li Keqiang, who declared “war on pollution.” The leadership’s strong statements are backed by a number of new policies, including the Environmental Protection Law, Clean Air Action Plan, and environmental objectives in the upcoming the 13th Five-Year Plan—and companies operating in China are...

March 18th, 2015
Matthew Margulies

China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) published the finalized 2015 update to the Catalogue Guiding Foreign Investment in Industry (CGFI) on March 13. The updated catalogue will be in effect starting April 10, 2015. Compared with the most recent version of the catalogue in 2011, the 2015 update takes steps to reduce the number of restricted investment categories from 79 to 38, but the US-China Business Council’s (USCBC) analysis...

March 16th, 2015
USCBC Staff

China’s leading legislative body discussed a broad agenda on key concerns like economic reform, rules for legislation, and maintaining growth in a slowing economy at their annual meeting that concluded yesterday in Beijing with a press conference held by Premier Li Keqiang. Li focused on maintaining macroeconomic stability and pushing forward with economic reforms. During the nearly two weeks of National People’s Congress (NPC) meetings, senior leaders and NPC delegates discussed a variety...

March 4th, 2015
Ryan Ong

Looking to take full advantage of the China market, foreign companies are increasingly seeking out new ways to develop and leverage their intellectual property (IP) in China. Those strategies can range from licensing IP to a China-based subsidiary, joint venture, or other business partner to joint technology development agreements. Strong growth of the China market and the steadily improving environment for IP protection in China both hint at the potential for significant expansion in...

March 4th, 2015
Dan Markus

China’s leading legislative body showed a worse performance in regulatory transparency in 2014, while other agencies continued to fare poorly in the US-China Business Council’s (USCBC) annual Regulatory Transparency Scorecard, which will be released at the end of March. For the fifth straight year, USCBC has found that China’s central government agencies are not fully meeting their regulatory transparency obligations. China’s National People’s Congress (NPC) will hold its annual meeting this...

March 4th, 2015
Zoe Sophos

US exports to China grew nearly 10 percent slower in 2014 than in 2013, marking a record high for the US goods deficit with China—$342.6 billion from a total trade in goods of $590.7 billion. This happened as China’s total imports increased by 0.4 percent year-on-year.  While US exports to China have grown at an average annual rate of 15.1 percent over the past ten years, last year’s growth totaled only 1.9 percent, due in part to China’s slowing growth and a “new normal” of internal...

March 3rd, 2015
Zoe Sophos

Several leading PRC government agencies—including the Ministry of Commerce (MOFCOM), the National Development and Reform Commission (NDRC), the Ministry of Science and Technology (MOST), the Ministry of Industry and Information Technology (MIIT), the Ministry of Finance (MOF), and the Ministry of Foreign Affairs (MOFA)—have been active in recent months, announcing key agency priorities for 2015 and restructuring their leadership and department responsibilities. To keep companies informed...

February 18th, 2015
Jake Laband

China’s Draft Foreign Investment Law, which will restructure the foreign investment legal regime, leaves significant room for protectionism, according to US-China Business Council (USCBC) comments recently submitted to the Ministry of Commerce (MOFCOM). The proposed law combines the three current laws governing foreign investment—the Wholly Foreign-Owned Enterprise Law, the Sino-Foreign Equity Joint Venture Law, and the Sino-Foreign Contractual Joint Venture Law—while removing language on...

February 18th, 2015
Ryan Ong

Enforcement actions are not enough for companies to protect their intellectual property (IP) in China, according to a new best practices sheet released by the US-China Business Council (USCBC) late last month. Instead, companies seeking to use and protect their patents, trademarks, copyrights, and trade secrets in China must develop an integrated IP protection strategy. Such a strategy has to reflect the nature and extent of the IP problems that the company faces, align with overall...

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