China Policy Institute Blog

China’s move to entrepreneurship – will the private sector continue to grow?

Written by Andrew Atherton. China has seen a leap in registrations of private businesses since it streamlined procedures to register businesses in May 2014. Is this a sign of a jump in entrepreneurs starting their own businesses, and if so what challenges and opportunities do they face? This short piece looks at the emergence of …

The Second Surge of Private Business in China

Written by Xiaohong He. The re-emergence at the grass-root level of entrepreneurial development in villages and towns across China has been the driving force for the state’s economic miracle. As of March 2013, there are over 13 million domestic firms in China, 11 million of which were private business, amounting to 80% of total economic …

The Significance of New Company Registration Policies in China

Written by Keming Yang. In March 2014, China’s State Administration of Business and Commerce (SABC) announced a series of new policies aimed at easing the process of registration for new firms. They were made public first on 7 February 2014 by the State Council as a framework for reforming the policies on registration and the …

Learning from Kunshan: Work safety management in China

Written by Bin Wu. On the morning of the 2nd August 2014, a huge explosion in a factory broke the peaceful environment in Kunshan, one of most economically successful cities in China and the winner of the UN-HABITAT Scroll of Honour Award in 2010. Equally important, it has also drawn the public and media’s attention …

What next for the Dollar and RMB? Seeking Clues in the US and China’s Past

Written by Niv Horesh. London’s grooming as the launch-pad of the RMB, China’s currency, into becoming the next global reserve currency may merely be on the drawing board. Yet, coupled with the recent fiscal shutdown in the US, some insecurity about the long-term future of the US$ could perhaps be felt for the first time …

City Commercial Banks grow amidst economic slowdown

Written by Michael N T Tan. Although the Chinese banking industry in general has posted continued strong growth in 2012, the signs are for a slowdown in 2013. City Commercial Banks (CCBs) which form one of the more important lenders to SMEs (Small Medium Enterprises) showed strong growth in bank assets of 27.7% year on year …

Watches and cuckoo clocks – the tick-tock of China-Europe relations

Written by Stephen L. Morgan. What is it about Europeans and Chinese? Or rather, what’s rattling each of their cages at present? Trade relations have been at the heart of some pretty heavy words and precipitate actions that do little for the mutual understanding or prosperity of either.  Of Europe’s 31 global trade disputes that …

Going global ain’t easy

Written by Stephen Morgan. Big Chinese companies face tough scrutiny when they go overseas. None in the past year has had it tougher than the telecom giants Huawei and ZTE Corp, ranked globally the second and fifth largest telecom equipment firms in the world. Huawei in particular has copped it badly. Politicians in Australia, Europe and the USA …

Avoiding mutual confusion between China and other countries

By Kerry Brown. In the last year alone, I’ve attended conferences in 22 countries, addressing issues about China. They’ve ranged from India to South Korea, to Estonia, Slovenia and Canada. I’m writing this in Brazil.  A new phenomenon I’ve noticed is conferences in which, pointedly, representatives from China are not invited, but where the theme …

China stepping into global business regulation

by Qianlan Wu. When it comes to doing business with China, for many, checking relevant laws and regulations may not necessarily stand at the top of the to-do list. The Chinese Ministry of Commerce’s decision  to reject Coca Cola’s attempt to acquire Huiyuan in 2009, however, seems to have sent out a different message.     The …