Chinese regulations on tendering and bidding practices published by the Ministry of Finance (MOF) in July are a promising sign for US pharmaceutical and medical device manufacturers that government procurement behavior will be better regulated to guarantee consideration of quality alongside price. However, true improvement for the industry will require regulators to faithfully implement the law and refrain from unofficial practices such as local favoritism, which sometimes plague procurement processes.
Facing ongoing pollution challenges and a push to diversify energy sources, China’s energy planners kicked off 2017 by announcing an array of 13th Five-Year Plans (13FYPs). Offering quantifiable short-term goals for limiting reliance on coal in favor of oil and gas, these plans collectively focus on emissions cuts, renewable energy development, and improved energy industry efficiency, while encouraging technology solutions such as data centers.
China’s energy planners seek to increase production, distribution, and consumption of renewable energy as a means to diversify energy supply. However, as China attempts to transition from coal to other energy sources, it struggles to utilize existing renewable capacity. This inefficiency, caused by overcapacity and grid limitations, has hindered the country’s ability to achieve renewable sector development goals.
As the world braces for an expected shift in US climate policy under Trump, China will suddenly be in position to take the lead in the global fight against climate change. This is a complex proposition, as China has proven both its impressive renewable energy development capabilities, as well as its current inability to control pollution.
Climate change and clean energy issues continue to be a noticeably encouraging point of bilateral cooperation between the US and China.
As China braces for an uncertain economic future, the Chinese Communist Party (CCP) is furiously ushering in a pro-government campaign that provides the Party a rejuvenated degree of authority. Yet, the most distinct aspect of this movement has been the vivid face of this power reconsolidation campaign—the face of the Party leader himself, Chinese President Xi Jinping.
China’s substantial and ever-growing financial investment in the developing world has garnered new allies, strengthened trade relations, and increased access to oil and other natural resources among these resource-rich countries. This trend is positioning China for enormous influence over future international policy and trade.
As the United Nations Conference on Climate Change commences this week in Paris, no country faces graver challenges than China.
When the Chinese government announced late last month that the almost four decade-long one-child policy was coming to an end, many rejoiced at the news that couples are now permitted to have two children. This is a major policy shift for a country that has sought to limit the continued growth of its enormous population…