China’s leading legislative body will convene March 3, with economic themes expected to be prominent on the agenda.
China Market Intelligence
Woeful performance data from China’s state-owned enterprises (SOEs) may be increasing calls for reform, but a recent policy package does not appear to address fundamental issues around governance and market orientation, despite the accompanying rhetoric.
American companies are seeing small benefits from China’s national administrative licensing reform agenda, but a number of obstacles continue to challenge companies in licensing and government approvals.
A strong Chinese Communist Party (CCP) hand guiding state-owned enterprise (SOE) management was a central message emerging from recent meetings of the State Council Leading Group on Comprehensively Deepening Reform, China’s high-level interagency group charged with guiding China’s ongoing reform efforts.