China Market Intelligence

March 7th, 2018
By USCBC staff

China’s National People’s Congress opened its 2018 session Monday and will run through March 20. The US-China Business Council’s initial reporting on Premier Li’s report on the economy can be found here.

This week has seen the release of annual reports from the National Development and Reform Commission (NDRC), the Ministry of Finance (MOF), and the Ministry of Agriculture (MOA), with accompanying press conferences. Highlights include:

MOF outlined...

February 7th, 2018
By David Solomon

China’s National Development and Reform Commission (NDRC) recently announced its 2018 priorities for pricing investigations under the anti-monopoly law (AML), listing key industries in which it says price-fixing tactics impact the day-to-day lives of Chinese citizens.

According to a CCTV report, NDRC will intensify enforcement in bulk pharmaceutical chemicals, scarce drugs, medical devices, automotive equipment, natural gas, tap water, electricity, industrial raw...

October 14th, 2015
Ryan Ong

Enforcement of China’s Antimonopoly Law (AML)—an ongoing priority for the US-China Business Council (USCBC) and the business community—has remained prominent in recent bilateral discussions. AML-related issues featured among the outcomes reached during last month’s state visit to the United States by Chinese President Xi Jinping, as well as in USCBC meetings in Beijing with senior officials from China’s three antitrust agencies. In both instances, Chinese government officials...

July 22nd, 2015
Owen Haacke

Fewer restrictions on drug pricing and greater access for foreign companies may make for a healthier China, and bring both potential growth and growing pains to the pharmaceutical industry—a sector analysts expect to be worth upwards of $300 billion by 2020. Recently released drug registration regulations and opinions calling for the removal of price caps signal some progress toward a more market-efficient approval and pricing system, currently largely controlled by the state. Still to come...

July 8th, 2015
Zhang Lipei and Jake Laband

A lack of recent news about competition-related investigation cases should not be misinterpreted as a lull in enforcement activity related to China’s Antimonopoly Law (AML), a National Development and Reform Commission (NDRC) official stated at a recent USCBC-sponsored event. USCBC’s May 2015 update on competition enforcement had reported a pause by Chinese competition regulators on some controversial AML enforcement practices. Yet, speaking as a part of a dialogue with NDRC’s Bureau of...

May 27th, 2015
Yining Yuan

Reforming state-owned enterprises (SOEs), reducing administrative burdens on companies, and opening up the economy are just three of the State Council’s recently-highlighted eight priority reform areas in the Opinions on Economic Reform Priorities in 2015 (“the Opinions”). The National Development and Reform Commission (NDRC)-drafted document is responsible for outlining the context and framework of China’s economic reform focus this year, and while these three priorities may impact foreign...