May 3 – With the view to support the development of the innovative medical device industry in China, China’s Food and Drug Administration (CFDA) released the “Special Review and Approval Process for Innovative Medical Devices (Draft) (hereinafter referred to as ‘Draft’)” on March 20, which increases the efficiency of the review and approval process for innovative medical devices. Detailed information can be found below. Continue reading
By Daniel Fleishman
Oct. 12 – The days of American dominance over the PC market seem to be coming to a close. According to the research firm Gartner, Lenovo captured a market share of 15.7 percent in the third quarter of 2012, topping HP’s 15.5 percent, ousting the PC giant from the leading position it held for the past six years. Continue reading
Over the past four years, China has switched from being an importer of high-speed trains to the world’s largest manufacturer. Much of this can be attributed to the transfer of foreign technology to Chinese state-owned enterprises. How have Chinese government policies and economic heft aided this effort?
By Spike Nowak
Sept. 3 – Traveling at 300 kilometers per hour, a passenger on China’s domestically-manufactured high-speed trains can go from Beijing to Shanghai, approximately the same distance as Delhi to Mumbai, in less than five hours. Four years ago, the same trip on an older Chinese-manufactured train would have taken more than 12 hours.
China has now become one of the largest manufacturers of high-speed trains in the world. How has it achieved this in such a short time? The same question could be asked of windmills, automobiles, computers, software, and various other products manufactured in China.
Technology transfer – a process by which technology, knowledge, skills and manufacturing methodologies are transferred from one country to another – has made all this possible. Continue reading
This report explores the market potential for investing in the mobile telephone applications (apps) industry in China, following government reports last week that mobile phones have trumped personal computers as the choice device for internet access in the country. The report includes a consumer analysis, a discussion of challenges firms entering the industry may face, and the potential use of apps as marketing tools.
By Ian Bhullar
Jul. 24 – Recent reports by the China Internet Network Information Center (CINIC) stating that the number of mobile internet users has exceeded the number of PC internet users are an indication of the dynamism of mobile technology-dependent industries in the country. According to CINIC, 388 million people in China are now using the internet on their mobile telephones, compared to 380 million people through desktop computers. Continue reading
By Yao Lu
Jul. 5 – To accelerate the transformation of China’s economic development model and strengthen the country’s energy saving and emission reduction efforts, China’s State Council issued “The 12th Five-Year Development Plan for the Energy Saving and Environmental Protection Industry (guofa [2012] No. 19, hereinafter referred as ‘the Plan’)” on June 16. The plan outlines the current status of the energy saving and environmental protection industry in China, as well as identifies the key fields within the sector. Moreover, the plan points out the current problems facing the industry and offers possible solutions. Continue reading
By Jochen Schanbacher
Jun. 27 – Not many foreigners are brave enough to start a company in China, especially an internet business. Willing to try are the people of Yunio (云诺), who have created a cloud storage service much like Dropbox, but with an advantage the competition doesn’t have: access to the Chinese market. I recently had the pleasure of meeting Yunio’s Founder Chris Mathews and Operations Director Joey Gu in their office here in Shanghai.
“If you were to put the creation of an internet startup into a video game, setting up in Silicon Valley would be like playing on ‘normal’ mode while creating a company in China is like playing on ‘difficult’ mode,” according to Chris, who has experience doing both. “Every aspect of a tech startup is tougher in China than in the United States – from the regulatory environment to the inherent limitations of the Chinese internet backbone – and you are doing it all on your own.” Continue reading
Jun. 11 – China will cut tariffs on 700 types of imported goods this year with the purpose of reforming the country’s foreign trade structure, according to Jia Kang, head of the Ministry of Finance’s Institute of Fiscal Science. The Chinese-language Economic Information Daily first reported Jia’s remarks, which were made during the China Top 500 Foreign Trade Enterprises Forum 2012 held in Ningbo on Sunday night. Continue reading
By Sofia Liska
May 22 – The U.S. Commerce Department has imposed tariffs of 31 percent to 250 percent on Chinese solar panels, upsetting American solar panel installers, Chinese solar panel manufacturers, and Chinese officials. In doing so, the U.S. government effectively sided with solar panel manufacturer SolarWorld Industries America, who claimed that Chinese companies were dumping their under-priced and illegally subsidized solar panels onto the U.S. market.
The United States had already imposed a tariff in March of between 2.9 percent and 4.73 percent in order to offset the illegal government subsidies received by Chinese solar panel manufacturers, but American solar panel manufacturers were not satisfied. Continue reading
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