China’s National Health Commission (NHC) has begun a national COVID-19 vaccine campaign. While multiple vaccine trials are still underway, two vaccines developed by Sinovac Biotech and Sinopharm have already been approved for deployment. For many local and multinational businesses alike, there is confusion about available vaccinations under the national scheme, which covers all Chinese citizens but does not explicitly cover foreigners.
China Market Intelligence
In March of 2021, China will articulate its cyber priorities within the 14th Five-Year Plan. Recent announcements from Chinese officials promoting technology self sufficiency, becoming a global model in digital technologies, and selectively opening the tech sector to foreign investment provide an early indication of what may be key focus areas in 2021. China is also expected to update two high-profile draft laws, which may pose challenges for multinational companies operating in China.
After years of reports of forced labor and wide-scale internment of the Xinjiang Uyghur population, on January 19, the outgoing Secretary of State Mike Pompeo formally labeled the situation a genocide. The decision reflects the continuous pressure exerted by the 116th Congress on the administration to address human rights concerns in Xinjiang, including a Senate resolution expressing that the Chinese government’s actions amount to genocide and urging the administration to address the issue...
As 2020 draws to a close, China’s Central Economic Work Conference (CEWC) convened from December 16 to 18 to discuss China’s economic priorities for the coming year. This year’s conference was largely consistent with existing goals to reboot and open the economy, strengthen intellectual property protection, and advance anti-monopoly regulation. It is uncertain how other government efforts, particularly those that aim to achieve self sufficiency in sectors like technology, will impact foreign...
Earlier this month, the Chinese government tightened rules for exports of certain medical products used to combat COVID-19 in response to high-profile complaints about their quality. In light of these new requirements, exporters and importers of these goods can expect that the customs process will be delayed.
After years of under-regulation in online retail, China’s Ecommerce Law officially entered into force at the start of 2019. Although the law introduced sweeping reforms, the industry did not experience overnight change. China’s State Administration of Market Regulation (SAMR), the supervisory authority behind the law, has instead maintained a steady drip of measures and policies designed to implement and clarify various provisions of the Ecommerce Law. The result has been a more predictable...
Nearly three years after the Cybersecurity Law went into effect, regulatory clarity remains elusive, including around the MLPS 2.0. Many companies are conducting self-evaluations, with a few filing directly with MLPS 2.0.
The agreement includes considerable positive developments on issues concerning financial services, agriculture, and intellectual property. China has committed to purchase $200 billion of US goods above 2017 levels. The agreement contains a dispute resolution mechanism that aims to ensure faithful implementation.
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.
This past year finally saw more specific guidance on cybersecurity reviews, critical information infrastructure (CII), cross-border data transfers, and personal information, though many of the policies remain in draft form.