Central China

Is China Growing Too Big?


Op-Ed Commentary: Chris Devonshire-Ellis Aug. 23 – For many years now, as I’ve traveled China on business, I’ve been skeptical of the GDP growth figures. From Shenzhen to Changchun and from Wuhan to Kashgar, via Chongqing, buildings have been going up, rather like mushrooms after a rain storm, as signs of the new prosperity and […]

Chris Devonshire-Ellis: In China, White Goods Become Red


Op-Ed Commentary: Chris Devonshire-Ellis Jul. 30 – As the central government encourages a re-balancing of the economy towards more domestic consumption, companies are finding subtleties of selling in China that will shape the way forward for foreign manufacturers doing business here. Gone are the days when a manufacturer would only sell within a region, now […]

China Releases Foreign Investment Promotion Plan for Central Region


May 14 – The foreign investment promotion plan for central China was released on April 30 aiming to improve the service in urban public utilities, urban finance, commerce, education, medical treatment and logistics to attract foreign investment. The plan focuses on business-friendly policies, discounted loans, and reduced transaction costs to attract foreign investors setting up […]

Microfinance: The Untapped Chinese Market


By Sophie Cerny and Jessica Tou May 13 – Microfinance in China has the potential to be one of the leading, innovative approaches to alleviating poverty and boosting rural and regional economic development. This report will take a closer look at how the current Chinese microfinance model came about, the current outcomes of the model, […]

Hubei Raises Minimum Wage Levels and Social Benefits


May 11 – The Hubei provincial government has raised monthly minimum wage levels, effective from May 1. The notice, which was issued April 25, adjusts the minimum wage standards to between RMB900 and RMB600 and the minimum hourly wage to between RMB9 and RMB6.5 dependent on the city. The notice also states that social security […]

SAFE to Implement Pilot Reforms of Import Verification System


Apr. 9 – The State Administration of Foreign Exchange is implementing new pilot reforms of China’s import verification system. Circular Huifa [2010] No. 14, released on April 2, states that seven provinces and cities including Tianjin, Jiangsu, Shandong, Hubei, Inner Mongolia, Fujian and Qingdao, will begin these pilot reforms of their import verification system from […]

New China Briefing Books Out Now


Jan. 22 – China Briefing just released two new titles on doing business in the country; expanding the Asia Briefing roster of invaluable resources for both the new and experienced foreign investor. Human Resources in China Due to the rapidly changing nature of the labor market and the laws that govern it in China, it […]

West, Central Regions Recession Proof as Auto Sales Surge


Aug. 20 – China’s Western and Central inland regions have reported a surge in auto sales with growth of 33 percent for the first half year over 2008 figures, according to a report from the global market research firm, Ipsos. The industry average for China this year has been 24 percent. More than 2.73 million […]

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