Foreign employees in China may be required to make financial contributions to China's social security funds beginning July 1, when the new PRC Social Insurance Law takes effect.
China Market Intelligence
The PRC Ministry of Commerce (MOFCOM) recently released for comment two draft regulations that shed light on how MOFCOM will assess business concentrations in the future.
The PRC government is taking steps to address mounting concerns that China will face its worst electricity shortage in seven years.
The US-China Business Council (USCBC) recently held conferences in Washington, DC, and Beijing that featured industry, government, and academic updates on business-related trends in China and the future of US-China commercial relations.
China's complex standards system presents opportunities and challenges for foreign companies that wish to participate in standards-setting, according to a US-China Business Council (USCBC) report released today.
A new central government plan to build large, globally competitive state-owned enterprises (SOEs) may bring foreign companies greater competition over the next five years.
The significant increase in Chinese outbound direct investment (ODI) to the United States and the rest of the world will likely continue and may provide more opportunities for US companies and service providers. Two recent reports--one by a PRC government organization and the other by a US think tank--highlight this growth and examine future trends.
China recently issued two announcements that have important implications for manufacturers using rare earths in their products.
Companies operating in China can expect power shortages this summer as electricity providers reduce supply to offset financial losses caused by government price caps on electricity. Electricity rationing has already taken effect in nearly two dozen provinces and autonomous regions, and further control measures are expected as electricity demand peaks in the coming months.