Tag: Business Environment

Open Sesame: China Announces Further Opening of the Economy

China’s State Council has issued a circular of the government’s intentions to further open the economy and boost foreign investment. The circular is part of the effort to build China’s so-called “new open economic system,” with measures focused on streamlining...

/ March 24, 2017

G20 Could Disrupt Yangtze River Delta Operations

As the Group of 20 (G20) Summit—the annual, large-scale global government conference—heads for Hangzhou, China in September, companies with operations in the Yangtze River Delta (YRD) region are planning for expected disruptions to production and logistics.

/ June 27, 2016

Data Dump: China’s Taxman Wants to Know More

The State Administration of Taxation (SAT) recently requested that approximately 1,000 foreign and domestic companies provide a wide range of tax, financial, and accounting data, raising US-China Business Council (USCBC) member company concern about the intent and intrusiveness of the...

/ June 13, 2016

First of its kind: NGO law sets strict limits

In the first comprehensive guiding law for foreign NGOs, China’s is set to take a new, more-restrictive stance with stringent constraints on the registration, operation and funding of foreign NGOs in the name of protecting national security. It is estimated...

/ May 23, 2016

Handling Mass Layoffs in China’s Manufacturing Sector

As China’s annual growth begins to slow, mass layoffs may be unavoidable for many American manufacturers as they are faced with declining demand and rising business costs. It is important for these companies to understand the complicated conditions and strict...

/ April 22, 2016

13th Five Year Plan Stresses Economic Restructuring

The PRC National People’s Congress recently released China's 13th Five-Year Plan (FYP) on National Economic and Social Development to outline economic policies and targets to drive industry development in China through 2020. As companies form their corporate objectives, identifying areas...

/ April 14, 2016
PlayStation controller

China Welcomes Foreign Video Game Makers

By Lauren Dodillet Last week China’s Ministry of Culture finally lifted a 14 year ban on foreign video game consoles, giving companies like Nintendo Co., Sony Corp., and Microsoft Corp. access to what is projected to be a $25 billion...

/ August 4, 2015
train at railway signal

China Railway Signal Co. to List $1.8 Billion IPO on Hong Kong Market

By Lauren Dodillet State-owned China Railway Signal and Communications Corporation began looking for investors for its $1.8 billion Hong Kong IPO last Monday. The company—which makes signal systems used by China’s train network—opened up to institutional investors yesterday, and plans...

/ July 28, 2015
circuitry on a motherboard

IBM to Share its Technology with Chinese Firms

By Lauren Dodillet  International Business Machines Corporation CEO Virginia Rometty, speaking at the China Development Forum in late March, announced a reverse in the company’s China policy. IBM will now share its technology with Chinese firms and allow them to...

/ April 6, 2015
Movie Theater

Chinese Film Companies Hooked on Hollywood’s Reels

By Lauren Dodillet  Last Monday two major Chinese film firms—Huayi Brothers Media Corp. and Beijing Enlight Media Co.—confirmed new movie deals with Hollywood companies. They declined to mention the names of those companies for unknown reasons, but according to Agence...

/ March 26, 2015