Vice Minister of Finance Zhu Guangyao on June 15 called the 100-day trade agenda and its initial outcomes a demonstration of determined efforts to continue developing commercial relations between the United States and China.
China Market Intelligence
China recently issued new rules that that offer mixed implications for foreign company qualification for innovation-related tax breaks.
Environmental compliance is taking center stage as US companies face implementation of China’s 2015 Environmental Protection Law (EPL), new regulations on improving soil and air quality, and a
Despite progress on competition concerns at the December 2014 Joint Commission on Commerce and Trade (JCCT) meeting, competition enforcement under the Antimonopoly Law (AML) remains a high-profile concern for many US companies in China.
China’s State Council has called for an important adjustment of the approval process for foreign and domestic investment projects in a December work plan.
China’s economic ascent has turned the Ministry of Commerce’s (MOFCOM’s) Antimonopoly Bureau—China’s merger control authority—into an increasingly influential actor in global M&A.
As China strengthens its enforcement of anti-unfair competition and antimonopoly regulations, and local media reports on investigations involving both foreign and Chinese companies, more and more executives are raising questions about what to expect—and how to respond to—investigations by local enforcement agencies like Administrations of Industry and Commerce (AICs).
Antimonopoly issues, including M&A reviews and pricing investigations, have garnered considerable attention by US stakeholders in recent months, due to widespread reporting on pricing investigations involving foreign companies and a November 2013 National Development and Reform Commission (NDRC)
China’s State Administration for Industry and Commerce (SAIC) revised a series of company registration regulations that remove requirements for up-front capital contributions, eliminate minimum registered capital requirements for certain business entities, and eliminate required annual inspections in favor of simplified annual reporting.
Two key ministries responsible for China’s economic and industrial development have said they would advance policies to promote a more sustainable, innovative, and technologically advanced economy.