China recently released revisions to the Medical Device Classification Catalogue, marking its first update in 15 years. Here, we look at the changes to the catalogue, and what to expect next.
Recent reforms to China’s foreign investment regime have lifted ownership restrictions and offered new preferential policies in a number of industries. In this article, we outline new industry opportunities emerging from the changes.
The Chinese government has launched a three-month campaign to crack down on pyramid schemes, with implications for foreign companies with Multi-Level Marketing structures. In this article, we outline China’s Multi-Level Marketing industry, and how companies can stay compliant.
China has the world’s largest green bond market, with more than RMB 200 billion (US$ 30.3 billion) worth of green bonds issued in 2016 alone – almost 40 percent of green bonds issued globally that year. In this article, we look at the significance of green bonds, regulation governing their issuance, and opportunities for foreign companies.
China’s sharing economy is expected to maintain a 40 percent annual growth rate over the next few years, and is officially forecast to account for over 10 percent of the country’s GDP by the year 2020, and 20 percent by 2025. In this, we look at aspects of China’s sharing economy, and opportunities for foreign investors.
New Retail bridges e-commerce, physical retail, and logistics in order to improve the efficiency of selling and buying, and China is at the forefront of this new trend. In this article, we look at how traditional retailers can avoid becoming obsolete, and the opportunities New Retail has for foreign investors.
Many business leaders across the world, including China, do not yet see AI as a priority; at least 40 percent of enterprises within traditional industries in China do not see AI as strategically important. However, 55 percent of near term gains from AI are set to come from productivity increases in labor.
China’s plan for developing the country’s artificial intelligence industry aims for the total market size of AI related industries in China to exceed RMB 1 trillion (Around US$150 billion) by 2020. However, foreign companies may find it difficult to compete in China’s booming AI market without a strategic market entry plan.