In a move that could open up China’s domestic market for foreign electronic payment service providers, the State Council on October 29 said it would give greater access to qualified domestic and foreign companies offering bank-card clearing services.
China Market Intelligence
The Chinese Communist Party released its fourth plenum decision document—a paper announcing the outcomes from its October “party-building” session—last night.
US companies conducting government affairs (GA) in China face a swiftly evolving operating environment, as Chinese government officials are becoming more difficult to access and GA professionals have a widening range of responsibilities.
US President Barack Obama and Chinese President Xi Jinping are scheduled to meet in Beijing after the close of the Asia Pacific Economic Cooperation summit on November 11.
The opening of China’s long-awaited Shanghai-Hong Kong Stock Connect, a trading link that would allow more foreign investment in China’s stock market, was delayed indefinitely on Monday.
Chinese President Xi Jinping praised the Shanghai Free Trade Zone (FTZ) at a top-level economic reform meeting this week and called for the successful aspects of this model to be replicated in other areas across China.
China’s Communist Party leadership today revealed incremental legal and corruption-related reforms at the close of its party governance meeting in Beijing.
China’s major meeting for directing party governance—the Fourth Plenum of the 18th Chinese Communist Party (CCP) Congress—opened today in Beijing. The meeting, which is to focus this year on “rule of law,” will close on October 23.
Stricter party governance, centering on judicial reforms and the “rule of law,” is among the anticipated discussion topics for the Fourth Plenum of the 18th Chinese Communist Party (CCP) Congress, opening October 20 in Beijing.
China’s economic reform efforts have so far had a limited impact on American companies, and their implementation remains sluggish, according to a new assessment by the US-China Business Council (USCBC).