China’s leading economic planning body recently announced it had begun the initial research phase for the 13th Five-Year Plan (FYP)—the key social and economic policy blueprint for the 2016-20 period.
China Market Intelligence
As China strengthens its enforcement of anti-unfair competition and antimonopoly regulations, and local media reports on investigations involving both foreign and Chinese companies, more and more executives are raising questions about what to expect—and how to respond to—investigations by local enforcement agencies like Administrations of Industry and Commerce (AICs).
Antimonopoly issues, including M&A reviews and pricing investigations, have garnered considerable attention by US stakeholders in recent months, due to widespread reporting on pricing investigations involving foreign companies and a November 2013 National Development and Reform Commission (NDRC)
In 2014, China’s agencies in charge of managing intellectual property rights (IPR) issues are focusing their attention on a range of areas, including fighting counterfeiting in industries such as agriculture, oil and gas, auto parts, household appliances, and health products; tackling key modes of IPR infringement like online counterfeiting, network piracy, and trade secret theft; improving cri
New regulations limiting the proportion of dispatch—or temporary—workers in China went into effect on March 1, constraining hiring choices and requiring labor force restructuring for many companies.
Chinese regulators have recently released two measures meant to make merger and acquisition (M&A) review processes faster and more transparent. The Ministry of Commerce (MOFCOM) announced measures to simplify M&A reporting processes in February that may speed up international transaction reviews.
The State Council recently released the official 2014 priorities for a key interagency group on intellectual property rights (IPR), the State Council Leading Group on Combating IPR Infringement and Sales of Counterfeit Goods. Many of the key priorities for 2014 extend or build on goals laid out in previous plans, with
China’s insurance industry regulator will ease restrictions on the number of companies insurers can invest in and expand financing channels for mergers and acquisitions—moves that may allow foreign insurance companies operating in China to expand their business footprint in the market.
In 2014, China’s agencies in charge of human resources (HR) are focused on implementing reform to social insurance and income distribution systems, talent development programs, labor rights, and rising labor costs, the last of which is the number one challenge to doing business in China, according to the US-China Business Counc
Starting April 1, seven Chinese cities and provinces raised their monthly minimum wages by an average of 12.5 percent, according to China News. These cities and provinces include Beijing, Shanghai, Tianjin, Chongqing, Shaanxi, Shenzhen, and Shandong.