MIIT

'Made in China 2025' Proves More Than a Slogan

“Made in China 2025” got a boost on June 24 when the State Council formed a high-level interagency task force to direct the initiative, entitled the Leading Group for Creating a Strong Manufacturing Country. The new group will be responsible for reviewing and implementing the Made in China 2025 plan, a ten-year blueprint to increase China’s manufacturing competitiveness.

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MIIT Lifts Foreign Ownership Restrictions on E-commerce Companies in Shanghai FTZ

On January 13, China’s Ministry of Industry and Information Technology (MIIT) released a circular notice completely removing the foreign equity cap for investment in e-commerce companies in the Shanghai Free Trade Zone (Shanghai FTZ). The notice allows foreign-invested enterprises to control 100 percent stakes in such companies.

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FTZ
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