Category: Society

New Five-Year Plans Promote Energy Industry Reform

Facing ongoing pollution challenges and a push to diversify energy sources, China’s energy planners kicked off 2017 by announcing an array of 13th Five-Year Plans (13FYPs). Offering quantifiable short-term goals for limiting reliance on coal in favor of oil and...

Great Expectations

A global study by Brunswick Insight finds that the younger generations look at the world tomorrow, and businesses today, with optimism.

China Launches New Two-Invoice System in Pharma Distribution

China launched a two-invoice system for drug distribution on a trial basis to improve transparency in drug prices and eliminate excessive profit margins associated with multi-tier distribution models. This is the first time Chinese regulators have officially launched the two-invoice...

/ April 28, 2017

Navigating the Haze of Environmental Compliance

Costs of complying with China’s environmental protection laws are rising as companies operating there face higher compliance costs, more frequent inspections, and a swath of new laws and regulations on emissions. Already held to high expectations of energy efficiency and...

/ April 7, 2017

China’s Anti-Corruption Efforts Pay Off: Analysis of 2016 Corruption Perception Index

China’s ranking on Transparency International’s (TI) 2016 Corruption Perception Index (CPI) continues to improve, moving up four places to 79. The latest CPI is a reminder for companies that rely on its rankings to review their global compliance programs and...

Millennials and the Future of Business

As China’s 385 million people aged 18 to 35 reach adulthood, these Millennials are taking control of the world’s second-largest economy. While China’s economic growth has slowed in recent years, it remains well over 6 percent. As that growth continues...

Mapping the Rise of China’s Commercial Drone Industry

Drones are a young and multifaceted industry that have only recently begun to show their true potential. In China, drones are now being used to change the business landscape and alter how companies conduct their operations in a wide variety...

/ March 15, 2017

Encouraging Regional Trade Following US Withdrawal from TPP

With the TPP’s future uncertain as a result of the withdrawal of the United States, its largest member, and with the Regional Comprehensive Economic Partnership (RCEP) negotiations entering their fifth year, Asia’s trade landscape is at a critical juncture. In...

Don’t Waste Investment Opportunity in Wastewater

In recent years, China has increased its efforts toward combating high levels of environmental pollution, a result of the country’s accelerated economic growth. In 2012, China declared war on pollution, and put aside RMB 3.7 trillion for the battle; more...

/ February 22, 2017

New Year, New Trends: Tourism, Housing, and Manufacturing

A total of RMB 423.3 billion was spent on tourism during this year’s Chinese New Year holiday period, a 15.9 percent increase from last year according to the National Tourism Administration. As part of a seven percent increase in outbound...

/ February 20, 2017