2020 has seen an unprecedented public health crisis that continues to threaten the global economy, with key supply chain centers from multinational companies deeply rooted in China among the first to be…
To contain the impact of COVID-19, authorities at all levels of government have been rolling out policies aimed at bringing Chinese society and economy back to normal. The various policies include fiscal support…
On November 6, China’s National Development and Reform Commission (NDRC) released the Catalogue for Guiding Industry Restructuring (2019 version), which will take effect January 1, 2020. The upgraded Catalogue is aimed at adjusting and…
China’s draft implementations regulations for the new Foreign Investment Law provide working guidelines ahead of its coming into effect in January 2020. The draft regulations focus on clarifying provisions on investment promotion,…
Despite an unprecedented gap between consecutive plenums, China’s Fourth Plenum last week produced little to interest economic reform watchers, settling instead for managing the status quo. It appears that concrete reforms may…
Despite the general nature and the vague wording of the new Foreign Investment Law (FIL), foreign investors with operations in China or planning to enter the Chinese market should review the legislation carefully. By understanding what the FIL says…
The state of China’s economy is more precarious than at any time since the 2008 financial crisis. With China experiencing a long-term deceleration in economic growth and embroiled in a trade war with the…
An effective employee retention strategy is becoming increasingly important in China’s volatile job market where a shrinking workforce and aging demography is driving up the competition for talent. The best employee retention…
Shanghai’s local government is the first to introduce regulatory guidelines for implementing the Foreign Investment Law (FIL) in China. The guidelines identify respective local authorities to enforce provisions of the FIL. Investors…
Often dubbed China’s “Silicon Valley”, Shenzhen is China’s fastest-growing city. It is ranked by the Chinese Academy of Social Sciences as the mainland’s top city for “overall economic competitiveness” and is China’s premier Special Economic Zone (SEZ)…