In a move towards transparency, Ministry of Commerce (MOFCOM) Director General Shang Ming met with various groups in Washington, DC, last week to discuss China’s antitrust and competition policy priorities for 2015.
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President Xi Jinping called for an “energy revolution” in June 2014 aimed at improving energy efficiency through the establishment of a “market-oriented energy pricing mechanism.” One year later, the central government has made notable improvements toward liberalizing energy and electricity price
More and more US companies have active research and development (R&D) operations in China, and many have seen these operations evolve from small groups primarily focused on product localization to globally significant operations conducting cutting-edge R&D for the China market.
Reforming state-owned enterprises (SOEs), reducing administrative burdens on companies, and opening up the economy are just three of the State Council’s recently-highlighted eight priority reform areas in the Opinions on Economic Reform Priorities in 2015 (“the Opinions”).
From ‘Made in China’ to innovated in China, from Chinese products to Chinese brands, the Made in China 2025 plan sets ambitious targets and timelines for China’s transformation from a big manufacturing country to a strong one.
The US-China Business Council (USCBC) last week submitted recommendations to Treasury Secretary Jack Lew for priority issues and outcomes to be included in next month’s US-China Strategic and Economic Dialogue (S&ED).
Companies are thinking through their advertising strategies—from whom they choose to appear in their ads, to how they phrase disclaimers, to where they advertise—in preparation for a revised law that will come into effect this fall.
The flurry of recent intellectual property (IP) regulations released by Chinese agencies touches on a number of issues of concern to foreign companies in China, including inventor compensation, patent enforcement, use of patents in standard-setting, and linkages between IP and competition.
After decades of deliberation, China instituted a deposit insurance scheme on May 1 that protects RMB and foreign currency deposits of up to RMB 500,000 ($80,500) from bank defaults.
Senior Chinese leaders are confident that they have the policy tools to maintain economic growth without resorting to stimulus spending seen in past years. That was one key finding from a visit to Beijing May 4-5 by a delegation of the US-China Business Council (USCBC) Board of Directors.
