China Market Intelligence
The National Certification Administration of China (CNCA) on July 30 announced a batch of testing labs and certification providers that are officially designated to be able to offer services related to the China Compulsory Certification (CCC) mark, a safety mark for products sold or used in the Chinese market.
The United States and China have maintained a steady schedule of negotiations on the Bilateral Investment Treaty (BIT), with the next round of talks expected to be held in September in China. The last round of negotiations, held in July in Washington, focused on the text of the agreement.
China’s sweeping overhaul of its decades-old residency system has the potential to boost consumer spending, increase labor mobility, and open up new investment opportunities in urban infrastructure.
On July 25, the Shanghai Municipal People's Congress Standing Committee passed the 2014 China (Shanghai) Pilot Free Trade Zone Regulations, a new set of rules for managing the Shanghai Free Trade Zone (FTZ). The new regulations, which went into effect on August 1, vary little from the 2013 version.
American views on China are dimming, even while Chinese attitudes toward the United States have become more positive in recent years, according to an annual survey by the Pew Research Center.
In November 2012, China’s outgoing President Hu Jintao told the next generation of Chinese leaders that systemic corruption could lead to the downfall of the party and the state. With his anti-corruption drive well into its second year, President Xi Jinping seems to have taken that warning to heart.
Chinese President Xi Jinping announced in mid-June that officials in his administration will push forward an “energy revolution,” focused on reducing energy consumption, increasing energy supply, and improving energy efficiency.
China has launched a series of national pilots that seek to make state-owned enterprises (SOEs) more answerable to market forces. Six SOEs will participate in four reforms: establishing investment management companies, promoting the development of mixed-ownership structures, allowing autonomy to executive boards, and cracking down on corruption.