On November 15, China’s National Development and Reform Commission (NDRC) released the Guiding Opinion to Deeply Integrate Advanced Manufacturing and Modern Service Industries, outlining a plan for updating China’s manufacturing capabilities by 2025.
China Market Intelligence
Most of the changes are consistent with central government reforms of 2018, such as the restructuring of agencies in market supervision, health, insurance, environmental protection, natural resources, and science and technology.
Made in China 2025 (MIC2025), a central government economic plan that supports the development of advanced technology industries, has resulted in a slew of provincial legal documents with important implications for foreig
Local governments are encouraging the establishment of Chinese Communist Party (CCP) organizations within some multinational companies (MNCs).
Chinese commitments to boost transparency of technology and security policies and improve trade secret protection were key at this year’s US-
For many global companies, having a China base means more than just paving the way for greater access to the China market. Over 2,000 regional headquarters (RHQs), research centers, and other agencies have been established in China by multinational corporations (MNCs).
China’s four free trade zones (FTZs)—the initial Shanghai FTZ and subsequent zones in Tianjin, Guangdong, and Fujian—offer companies a range of select market openings and preferential policies, while serving as a testing ground for reforms that eventually may be implemented nationwide.
Concerns about China’s environmental degradation continue to grow, prompting both government and industry to reduce environmental pollution.
Last year, China’s 12th National People’s Congress (NPC) laid out a legislative agenda to address some of the most pressing issues facing the nation. And indeed, the topics discussed in 2014's NPC meeting did see movement.
Beset by rising local debt—RMB 17.9 trillion ($2.9 trillion) as of June—Chinese policymakers have been struggling to rein in its growth. In August, they passed a budget law allowing local governments for the first time to issue debt in domestic bond markets.