China Market Intelligence

August 8th, 2018
By Ian Hutchinson

As the Belt and Road Initiative (BRI) spreads, having accounted for $250 billion in construction in about five years, it is inevitable that commercial disputes will emerge. In an effort to expeditiously work through caseloads, the Supreme People’s Court of China (SPC) established the new China International Commercial Courts (CICC) for international commercial cases.

China took a step toward establishing these courts in September 2017 when it signed on to the Hague...

August 8th, 2018
By Chynna Hawes

The Shanghai Free Trade Zone (FTZ) Market Regulatory Authority (MRA) recently issued a penalty decision against a foreign medical product distributor for false promotion under the Anti-unfair Competition Law (AUCL), the revised version of which came into effect January 1. The recently created State Authority for Market Regulation (SAMR) assumed enforcement responsibilities for the AUCL, and in May announced it would step up implementation with a six-month campaign through October....

August 8th, 2018
By Ricky Altieri, Chenyu Wu, Mohan Sun

Made in China 2025 (MIC2025), a central government economic plan that supports the development of advanced technology industries, has resulted in a slew of provincial legal documents with important implications for foreign businesses. Although they vary in specificity and length, these documents illuminate how this broad national initiative is being translated into concrete local government action.

Taking the form of action plans, guidelines, and opinions, this...

August 8th, 2018
By Owen Haacke

On July 28, the US-China Business Council (USCBC) submitted comments to the National People’s Congress concerning the third draft of the Ecommerce Law. The English and Chinese versions of the comment letter are on the USCBC website.

USCBC authored analyses of the first and second drafts of the law for members and provided comments on the first draft to the Chinese government. In successive drafts, the law’s focus on consumer data privacy, restrictions on ecommerce...

July 25th, 2018
By Owen Haacke

US companies with an “in China, for China” strategy regularly work to improve responsiveness to consumer demands in an effort to remain competitive. The pace of change is faster in China than other global markets, and constant adaptation of strategy and products can be necessary.

China market competitiveness is the top priority for many companies, and quickly developing products tailored to the China market can help firms achieve that goal. However, companies...

July 25th, 2018
By Ricky Altieri and Sun Yi

Government ministries have recently announced a series of regulations on blockchain technology, which allows for the creation of an incorruptible digital ledger of transactions accessible only by parties involved in a given transaction. Given blockchain’s growing influence and wide scope of applicability, an understanding of the emerging regulatory landscape may help companies adopt a corporate strategy to introduce blockchain technologies in China as smoothly as possible.

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July 25th, 2018
By Patrick Lozada

Despite its widespread use in China, multinational companies struggle to integrate the popular Chinese messaging service WeChat into IT solutions through approved, globally used platforms.

With more than one billion active users, the messaging platform is omnipresent in China. Developed by Chinese internet giant Tencent, WeChat is widely used for personal communications and increasingly with customers, suppliers and in intra-company communications. It allows users...

July 11th, 2018
By Ricky Altieri

China has implemented new rules setting requirements on the storage, use, and flow of scientific data. Although intended to strengthen data security and promote data sharing, the measures could affect companies’ university partnerships and R&D centers in the pharmaceutical, automotive and tech industries.

The Administrative Measures for Scientific Data Management were released by the Ministry of Science and Technology (MOST) in April, and immediately put into...

June 28th, 2018

China’s economic policymakers today released a revised list of restricted sectors for foreign investment, which incorporates liberalizations announced during recent months. The new “national negative list” includes greater openings in sectors such as finance, transportation, commercial logistics, professional services, seeds, coal and non-metal mining, and the manufacturing of autos, ships, and aircraft. China had set a deadline of issuing the new list before the end of June; today’s release...

June 28th, 2018

President Donald Trump has decided against using much-anticipated new measures to restrict Chinese access to US technology and instead will use existing tools, according to a White House announcement this morning. The US-China Business Council (USCBC) issued a statement in support of the decision, while encouraging the administration to maintain the appropriate balance between national security and economic interests and calling on the US and Chinese governments to step back from...

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