Month: November 2017

IT Solutions: Improving Efficiency, Accuracy and Transparency in Payroll Processing in China

The digitization of business functions is not a new phenomenon, particularly in developed economies. However, the adoption of technology for HR and payroll processes in developing countries such as China is far less common. Arguably, it is in these countries...

/ November 29, 2017

Healthcare Series Part 2: New Bidding and Tendering Law Promising for Healthcare Companies, If Implemented

Chinese regulations on tendering and bidding practices published by the Ministry of Finance (MOF) in July are a promising sign for US pharmaceutical and medical device manufacturers that government procurement behavior will be better regulated to guarantee consideration of quality...

/ November 22, 2017

How to Protect Your Business from Trademark Squatters in China

Trademark squatting is a form of intellectual property rights (IPR) infringement that is especially rampant in China. US firms are typically more vulnerable to trademark squatting in China because unlike the US, China follows the ‘first to file’ system rather...

/ November 17, 2017

Is China Really Opening Its Doors to Foreign Investment?

On January 17, 2017, the State Council issued a circular on a new foreign direct investment policy to open up China’s economic system. At first glance, it would appear that this policy is a reaction to the slowdown in China’s...

/ November 8, 2017

Healthcare Series Part 1: Reimbursement Drug Lists

Recently announced provincial reimbursement drug lists (PRDLs) provide possible new opportunities for US pharmaceutical companies seeking to expand market reach for their drugs in China. These updated subnational lists largely reflect the national reimbursement drug list (NRDL), which was released...

/ November 1, 2017