China's healthcare reforms, coupled with stimulus spending, have prompted many provinces and municipalities to boost their spending on healthcare and related infrastructure.
China Market Intelligence
China has formalized its commitment to slow the growth of its carbon emissions just two weeks before the United Nations Climate Change Conference convenes in Copenhagen, Denmark.
The US-China Business Council (USCBC) and several of its member companies met with senior officials from the PRC State Administration of Industry and Commerce (SAIC) to discuss market access, transparency, trademarks, and other issues at the foreign-invested enterprise representative symposium on November 25.
The US-China Business Council's (USCBC) Shanghai office held its annual fall program on November 26.
Over the past few months, the United States and China have employed an increasing number of trade remedies to protect domestic industries during the recession, stirring fears of emerging protectionism in both countries.
The PRC Ministry of Commerce (MOFCOM) conditionally approved Panasonic Corp.'s purchase of Sanyo Electric Co., Ltd. on October 30 after several months of antitrust investigations.
The PRC government recently drafted its first set of regulations designed to tackle the intersection between intellectual property rights (IPR) and national standards, an important area of concern for many patent holders.
A delegation of the US-China Business Council's (USCBC) board of directors visited Beijing for meetings with the PRC government on November 4-5. USCBC Chair Andrew Liveris of the Dow Chemical Co. led the delegation, which included 10 other board directors and USCBC President John Frisbie.
US President Barack Obama made his inaugural visit to China this week, spending two full days in Beijing and Shanghai during a nine-day tour of Asia. As expected, the trip resulted in few concrete agreements or breakthroughs on major issues, but it sent a clear message of Obama's commitment to strengthen ties and continue cooperation with China on a number of global and regional issues.
Plans for Shanghai to become a center for energy efficiency gained momentum this month, as the municipal government approved policies to encourage the development of sectors that produce and consume new energy resources.