China’s legislature over the weekend and today approved a new round of leaders for the State Council and its ministries. The appointments put some reform-minded officials in key roles, but whether that leads to faster movement on economic reforms remains to be seen.
Newly released ministerial plans set national intellectual property (IP) priorities to further the central government’s top-down drive to reform China’s IP laws. Jointly released by the State Council and the State Intellectual Property Office (SIPO), the plans cover 39 government departments including trade, technology, military, and cultural affairs.
The US-China Business Council (USCBC) welcomed senior Chinese leaders this week to brief USCBC members on China’s competition scheme and the country’s national goals for the coming years. Visiting officials include top leaders from China’s Ministry of Finance (MOF), Ministry of Commerce (MOFCOM), National Development and Reform Commission (NDRC), and People’s Bank of China (PBOC).