China Market Intelligence

June 14th, 2017
By David Solomon

Four new policies under development may address a variety of lingering regulatory hurdles for foreign drug and device companies in China. The policies, issued in draft form for comment last month by the China Food and Drug Administration (CFDA), are a step toward improving nationwide access to high-quality drugs and devices, and are part of CFDA’s broader efforts to reform and modernize the Chinese healthcare sector during the 13th Five-Year Plan period.

The...

February 8th, 2017
by Erin Ennis and Jake Laband

Over the past year, China has implemented a variety of restrictions to stem capital flight in response to downward pressure on the renminbi (RMB). These restrictions have affected foreign companies’ routine business operations, including receiving payments from domestic customers, as well as the payment of dividends, royalties, and even routine trade payments overseas.

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April 27th, 2016
Chenjun Ye and Nick Marro

China captured headlines in 2010 when its GDP surpassed Japan’s, creating a shift in the world economic hierarchy for the first time in 40 years. However, that same year, China began showing signs that its rapid growth rate was losing steam.

In 2015, China’s growth was again at the center of international headlines, but...

February 17th, 2016
Stephanie Henry

By all accounts, China’s ecommerce market is booming. Chinese customers spent more than $670 billion online in 2015, a more than 40 percent increase from 2014. That trajectory is expected to continue as online consumption grows by 20 percent annually through 2020, thanks to an expanding base of 410 million online shoppers. That strong growth rate is expected to propel ecommerce sales well beyond the $1.5 trillion mark by 2020.

In China, mobile buyers already...

February 3rd, 2016
Nick Marro

After more than a decade, the Ministry of Industry and Information Technology (MIIT) on December 28, 2015 released a revised edition of China’s Telecommunications Catalogue, effective March 1, 2016. First issued in 2003 by the then-Ministry of Industry and Information, the catalogue serves as the licensing basis for China’s telecom and Internet-related sectors, and indirectly governs foreign company market access into these areas.

The 2015 revision expands the...

January 6th, 2016
Yan Yu

Following 10 months of silence, the National People’s Congress (NPC) Standing Committee in December passed China’s first Counterterrorism Law effective January 1. The law provides a clearer definition of  “terrorism” and removes some problematic requirements for telecommunications and internet businesses included in the initial draft version of the law.

What is Terrorism?

The law identifies terrorism as “appeals and actions that create social panic, endanger public...

January 6th, 2016
Nick Marro

Efforts over the past year to enhance China’s information technology security policies have raised serious concerns among foreign-industry players. American companies are worried that the Chinese government’s application  of “national security” could restrict investment in and the procurement of their products in the information and communications technology (ICT) industry, especially among China’s state-owned enterprises (SOE) and public procurement market.

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November 10th, 2015
Yan Yu and Nick Marro

This issue marks the first of a regular series of US-China Business Council (USCBC) reports analyzing key discussions and decisions of China’s bimonthly National People’s Congress (NPC) Standing Committee Meetings, the most recent of which concluded on November 4. According to press reports, during this round of meetings central legislators approved decisions covering reforms in the pharmaceutical, agriculture, and other consumer-facing industries.

Reforms in pharmaceutical...
October 14th, 2015
Owen Haacke and Zoe Sophos

Following President Xi Jinping’s visit to the United States last month, the US and China announced a list of energy and environmental-related commitments aimed on cutting down on high-polluting, energy-intensive power and supporting the development of environmental technologies—presenting potential opportunities for companies in these sectors.

The official commitments reinforce the central government’s goal of promoting energy efficiency and environmental...

October 14th, 2015
Stephanie Henry

US and Chinese negotiators are gearing up for a busy quarter as they head into bilateral and multilateral trade and investment talks. This fall, US negotiators will participate in the US-China Joint Committee on Commerce and Trade (JCCT) negotiations—the primary forum used by both governments to raise industry-specific concerns and discuss cross-cutting issues—as well as prepare for the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting. This year’s JCCT ministerial...

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