In the year 2020, it will be important to monitor implementation of key reform efforts the Chinese government has pledged to carry out during the year, including implementing of the Foreign Investment Law (FIL) as well as reforms to strengthen protection and enforcement of intellectual property (IP) rights. Areas of uncertainty and possible concern for companies in 2020 will be any renewed efforts by Chinese leadership to manage its economy and ongoing development of the corporate social...
China Market Intelligence
On November 15, China’s National Development and Reform Commission (NDRC) released the Guiding Opinion to Deeply Integrate Advanced Manufacturing and Modern Service Industries, outlining a plan for updating China’s manufacturing capabilities by 2025.
This past year finally saw more specific guidance on cybersecurity reviews, critical information infrastructure (CII), cross-border data transfers, and personal information, though many of the policies remain in draft form.
Headlines alleging that a decoupling of the US and Chinese economies is looming, or by some counts, already underway, have appeared in the news cycle for several months now. Once an infrequently used term reserved for economists and electrical engineers, “decoupling” began capturing headlines in the fall of 2018 in an attempt to capture US-China friction in the trade sphere and has held on since.
On Tuesday, November 26, the Department of Commerce announced it is preparing to solicit public comments on proposed rules to implement the May 15 Executive Order 13873, “Securing the Information and Communications Technology and Services Supply Chain,” (“the EO”). The long-awaited regulations set out a case-by-case process the secretary of commerce will follow to determine whether a particular transaction meets the EO’s requirements and should be prohibited or mitigated.
Over the past year, the Chinese government has introduced several legislative changes to improve protection and enforcement of intellectual property (IP) rights. While several looked promising on paper, long-standing structural challenges within the system are preventing China from creating a fair and predictable IP environment. In a recent roundtable with the US Patent and Trademark Office, IP experts and lawyers shared the following about their experiences with the newly revised system:...
Getting tough on China seems to be the one issue that both political parties agree on in Washington, DC. The 116th Congress, which began in January, has introduced over 150 bills and resolutions that have provisions related to China. Legislative proposals reflect the increasingly blurred lines between economic interests and national security.
On Sunday, the General Office of the Chinese Communist Party (CCP) and the State Council released guidelines for China to strengthen the protection and enforcement of intellectual property (IP) rights in the next few years. While the timeline of the “phase one” deal is unclear, China’s announcement indicates a top-level consensus within the Chinese government to make further progress on IP, partially for domestic reasons. Given that the guidelines call for a larger role for the National...
With an agreement “in principle” reached earlier this month, both the US and Chinese governments are sending positive signals as they work through the details of a “phase one” agreement. While the 20-point policy document on reforms and market opening published just a few weeks later by China’s State Council mostly rehashed previous commitments, it provides an encouraging sign of China’s will to move forward with reforms related to US demands.