The PRC National Development and Reform Commission (NDRC) and the ministries of Water Resources and Construction recently publicized China's 11th Five-Year Plan (FYP, 2006-10) on Water Resources Management.
China Market Intelligence
MOFCOM and the PRC State Administration of Foreign Exchange recently issued a notice that calls upon local authorities to monitor foreign investment in the real estate sector more strictly.
The leaders of the US Senate Finance Committee, along with two senators who have made China's currency their rallying point on international trade, introduced their long-awaited currency legislation today.
The PRC State Intellectual Property Office (SIPO) recently released statistics that show little improvement in the enforcement of intellectual property rights (IPR) in China.
In the wake of international warnings regarding toothpaste and wheat gluten made in China, the PRC State Council last week publicized China's 11th Five-Year Plan (FYP, 2006-10) for Food and Drug Safety. The FYP broadly aims to better monitor food and pharmaceutical safety and clamp down on the production and sale of counterfeit and inferior foods and drugs and other related illegal activities.
The Standing Committee of the PRC National People's Congress will review a revised Lawyers Law this year. According to a draft released to the All-China Lawyers Association, the revised law is expected to clarify lawyers' rights and qualifications and provide more detailed rules on the operations of law firms.
The US-China Business Council (USCBC) held its 34th Annual Membership Meeting in Washington, DC, on June 5. Former Secretary of State and of the Treasury James A. Baker III was the keynote speaker at the meeting's luncheon; the meeting also featured speakers on China's economy, innovation policies, human resources trends, key operational issues, and bilateral trade politics.
Each year, USCBC conducts a survey to track the top concerns of its membership regarding the China business environment. The results of this survey will prioritize the issues for USCBC's reporting, advisory, and advocacy work in the United States and China on behalf of its membership.
The PRC government on Monday released China's first policy blueprint on climate change. The document discusses in general terms the broad array of policies that China will implement to mitigate and adapt to climate change, some of which may present opportunities for companies in the energy, building materials, transportation, and other sectors.