A Private Economy Promotion Law will, claims Beijing, restore private firms’ confidence in the PRC market. Urgent-toned drafts refine provisions on market access, support for private buy-in to national projects, and a tough stance against unfair judgments or biased law enforcement.
economy
governance
legal affairs
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25 Apr 2025
As global firms expand their PRC innovation footprints, data controls are no longer a peripheral concern. The risks are acute in high-stakes sectors like pharma and advanced IT, where fast iteration, global data flows, and real-time feedback separate the quick and the dead.
economy
trade
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23 Apr 2025
With the global innovation landscape shifting, not to say inverting, Beijing’s data governance regime becomes a steep barrier for multinational corporations (MNCs) operating there. Tightening control over industrial data, from vehicle telematics in the automotive sector to smart factory automation, is not only about enhancing cybersecurity. It reinforces PRC tech self-reliance, determining who gets to innovate, when, and on what terms.
economy
trade
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16 Apr 2025
A major institutional reform in March 2023 created two new Commissions under the Party: the CFC (Central Financial Commission) and the CFWC (Central Financial Work Commission). The CFC soon dispatched staff to meetings of the central bank, the PBoC (People’s Bank of China), and other major commercial banks, voicing Party interest on crucial matters.
economy
governance
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11 Apr 2025
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new law to curb shake-down policing
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cut off midstream: PRC data controls reshape advanced IT and pharma
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driving blind: controlling data in the EV and automation race
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partifying financial agencies
monitoring
recent commentary
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Made in China 2025overcapacitystrategic and emerging industriesscience and technologytech transfer, R&DAIsoftware and apps...read more20 Mar 2025
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AI...read more19 Mar 2025
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basic edhigh schoolvocational ed and skills trainingunemployment...read more19 Mar 2025
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anti-corruptionaccountabilityNPC legislative agendadraft legislation and trendsprivate sector support...read more19 Mar 2025
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Ren Zepingmacroeconomist and Vice President of the China Private Economy Research Association, Chief Economist at Zhongyuan Bank YuWa Population Research
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Tu XinquanUIBE (University of International Business and Economics) WTO Research Institute director
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