China Market Intelligence

September 30th, 2015
Jake Laband

China’s 13th Five Year Plan (FYP), covering 2016-2020, will be submitted for review in late October at the next meeting for the senior party leadership—the fifth plenum of the 18th Communist Party of China (CCP) Congress. Media reports indicate that in addition to discussing and releasing the draft of the next FYP, which will lay out some priority areas where foreign companies may find expanded opportunities, this plenum will focus heavily on anti-corruption investigations and...

August 5th, 2015
Owen Haacke and Yiling Yin

Modern tools like WeChat, the world’s largest instant messaging service, allow companies in China to communicate more efficiently, make quick internal decisions, and close sales on the go. However, embracing new communication technologies in China also presents new challenges for companies in maintaining compliance with US and Chinese anti-corruption legislation. As social media platforms like WeChat become the new standard for communication, it is becoming more difficult for managers to...

July 22nd, 2015
Dan Markus

Instill fear, strengthen the regulatory framework, and change the political culture—these are the three stages to fighting official corruption, according to Wang Qishan, secretary of the Central Commission for Discipline Inspection, China’s corruption watchdog. After a three-year crackdown and widespread investigations and prosecutions, the Chinese government has in recent months tightened the regulatory screws to deter official corruption. New policies that clearly define government...