China Market Intelligence

January 20th, 2016
Jake Parker

When President Xi Jinping suggested in November a shift to “supply-side economic growth,” he set in motion a flurry of domestic and international media speculation on a potential new course for China’s economic policy. A relatively new term for China’s senior leaders, supply-side economics aims to address factors of China’s slowing economic growth, particularly the investment-led approach historically favored by its economic policymakers. The old model, which leveraged heavy...

December 21st, 2015
Zoe Sophos

At the Chinese government’s last major meeting of the year, leaders committed to structural reforms and policies to stabilize a slowing economy. The Central Economic Work Conference (CEWC), which was Friday through Monday in Beijing, is an annual meeting of China’s top policymakers that sets economic goals for the coming year and is often an indication of policy priorities.

The CEWC mirrored the themes of the 13th Five-Year Plan—set to be formally released in March...

November 10th, 2015
Pianpian Huang and Jake Parker

China has announced further details about plans to gradually decrease government control over investment decisions. The Opinions on Implementing the Market Access Negative List System, a document released by the State Council on October 19, 2015, offer a firmer roadmap towards adopting a “negative list” approach in China, which would allow foreign investment in all fields except those expressly restricted. With pilot implementation in some locations slated to begin as early as...

November 10th, 2015
Yue Sheng and Zoe Sophos

Government-mandated price controls, once a hallmark of China’s socialist economy, may soon be abolished for all but a small number of products and services. On October 12, China’s State Council issued a plan to remove government control of prices of some goods and services in competitive industries by 2017 and create a market-oriented pricing system by 2020. A key step in China’s overall economic reform, the plan will allow the market to more closely reflect supply and demand and...

September 30th, 2015
Stephanie Henry

This year has been a challenging one for China’s economy. In recent months, the world’s second-largest economy has been marked by decelerations in both manufacturing and trade, an attention-grabbing stock market sell-off, and an unexpected currency devaluation, stoking concerns about how China will balance efforts to promote steady economic growth while continuing ongoing economic reforms. Questions remain as to how the market’s recent tumult and growth slowdown will affect the...

September 16th, 2015
Stephanie Henry, Owen Haacke

The State Council’s long-awaited framework for reforming China’s state-owned enterprises (SOEs) marks limited progress on areas of SOE reform such as mixed ownership, asset management, and SOE classification. Some have reported that reforms are “tepid” because they do not make a bolder move towards privatization or a stronger market orientation for SOEs, in line with the goals laid out at the November 2013 Third Plenum. However, the content of the plan—known as the Opinions on...

September 16th, 2015
Ryan Ong

As US and Chinese officials prepare for Chinese President Xi Jinping’s late September visit to the United States and bilateral discussions on a range of political and economic issues, the latest US-China Business Council (USCBC) scorecard reveals that China’s efforts to promote economic reform continue to have only a limited impact on the top concerns of American companies. A full listing of all the reforms to date and the September 2015 scorecard report are available on the USCBC...

June 10th, 2015
Matthew Margulies

The US-China Business Council’s (USCBC) latest report of China’s economic reform efforts shows marginal improvement, but the overall impact on the top concerns of American companies remains limited. Since the last report was issued in February 2015, new policies introduced by the Chinese leadership continue to send mixed signals on the pace of economic reform and what role foreign companies will play in China’s next stages of development.

Recent improvements in reform developments...