Category: Policy & Regulations
Will China Fold on Structural Issues? An Algorithm says not any Time Soon.
Want to predict China’s policy changes? A new machine learning algorithm, called the Policy Change Index (PCI) for China, looks at the state-run paper People's Daily and is a leading indicator of China’s policy shifts from 1951 to the most...
Ghosts of Fukushima: The Evolution and Future of China’s Nuclear Power
The Fukushima Daiichi accident shaped not only Japanese but also Chinese public opinion, and dramatically altered Beijing’s plans for the expansion of its own nuclear energy program. Seven years later, however, China may be returning to ambitious plans for its...
Why Businesses Should Pay Attention to China’s Government Inspections
By Alexander Chipman Koty On July 6, China announced a campaign to inspect local governments and departments, signaling the central government’s resolve to implement core policies. The announcement, detailed in the State Council’s Circular about the Launch of Inspection Program for Departments and...
Fact Sheet: Communist Party Groups in Foreign Companies in China
The Chinese government is pushing foreign companies to include party organizations among their employees. Where do these companies stand if they don't want to acquiesce to their demands?
China Eases Foreign Investment Restrictions in Free Trade Zones
China has relaxed restrictions on foreign investment in the country’s 11 free trade zones (FTZs), per a decision released by the State Council, China’s cabinet, on January 9.
Withholding Tax Deferral for Foreign Investment in China
On December 21, 2017, authorities clarified the criteria for withholding tax (WHT) deferral treatment on dividends for foreign investment in encouraged sectors in China. The Notice Regarding the Provisional Deferral Treatment for Withholding Tax on Distributed Profits used for Direct...
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...
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...
China Work Visa: Unified Work Permit Benefits Foreigners
In an effort to attract more foreign talents, the State Administration of Foreign Experts Affairs (SAFEA) has quickened reform to make it easier for foreigners to apply for China’s work visa. Effective on April 1, 2017, the SAFEA rolled out...
Shanghai Revises Minimum Wage and Social Insurance Contribution Rates
The Shanghai Municipal Bureau of Human Resources & Social Security recently released its annual minimum wage adjustments for 2017, as well as the associated changes to employee benefits. The adjustments, which came into effect on April 1, affect minimum wages,...