China’s “National Unified Market” – Standardizing the Domestic Market to Spur Internal Circulation

china-briefing.com

April 14, 2022Posted by China BriefingWritten by Arendse HuldReading Time:  10 minutes

A new set of opinions from the central government describe how China will build a “national unified market” across a wide range of sectors and fields. The national unified market will seek to break down local protectionism and market segmentation by implementing standards and regulations that are applicable countrywide and integrating infrastructure across regions to increase market efficiency, promote fair competition, and ultimately boost domestic consumption and production. The national unified market is a key implementation of China’s “dual circulation” strategy and will likely act as a catalyst for further nationwide industry standards and market regulations in the coming years.

On April 10, 2022, the Central Committee of the Communist Party of China (CCCPC) and the State Council jointly released the Opinions on Accelerating the Construction of the National Unified Market (the “opinions”). This document outlines the creation of a “national unified market” to improve standardization and consistency in the implementation of regulations across a wide range of industries in China. 

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China’s dim prospects turn disastrous

BY DIANE FRANCIS, OPINION CONTRIBUTOR – 08/29/22 10:30 AM ET The Hill
THE VIEWS EXPRESSED BY CONTRIBUTORS ARE THEIR OWN AND NOT THE VIEW OF THE HILL

Russia’s terrible war generates headlines, but China’s growing debt crisis is mostly ignored. And yet, it will have profound negative effects on the global economy. In just three generations, Beijing built a middle class bigger than America’s entire population. But now Chinese many face ruination. China’s domestic real estate bubble, due to deregulation, is so gargantuan that much of its middle class has been damaged.

“China’s debt bomb looks ready to explode and many warning signs suggest that a debt reckoning is imminent,” warns Nikkei Asia.

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World’s Top 20 Countries Tighten Scrutiny Of Shaky Chinese Economy

 Forbes

Ralph Jennings
Contributor
I cover under-reported stories from Taiwan and Asia.
Opinions expressed by Forbes Contributors are their own.

China’s quickly expanding economy helped inspire the Group of Twenty nations to start holding leadership summits in 2008. Heads of state from the world’s most economically influential countries along with European Union officials met then to brainstorm ideas as markets, jobs and companies worldwide fell under the U.S.-driven Global Financial Crisis. China was still growing in 2008, extending already more than 20 years of industrialization padded by budgetary stimulus to head off spillover from the global crisis. Annual growth in China, the world No. 2 economy, was hitting double digits.

Bong bóng kinh tế Trung Quốc – 2 kỳ

Bong bóng kinh tế Trung Quốc (K1): Bức tranh u ám

Bong bóng kinh tế Trung Quốc (K2): Sẽ sụp đổ?

Sự phồn thịnh của kinh tế Trung Quốc có thể không tồn tại được lâu.

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Bong bóng kinh tế Trung Quốc (K1): Bức tranh u ám

(ĐTTCO) – Thị trường chứng khoán rung lắc dữ dội, nền kinh tế thực đang giảm tốc với tốc độ chưa từng có, thêm vào đó đồng nội tệ mất giá và tình trạng chảy máu vốn, trong khi thị trường bất động sản nhiều rủi ro và nợ công, nợ tư nhân đều cao… Tất cả đang vẽ lên bức tranh u ám về kinh tế Trung Quốc. Tiếp tục đọc “Bong bóng kinh tế Trung Quốc – 2 kỳ”

Trung Quốc: hai kịch bản rủi ro khi nợ tăng lên mức kỷ lục

Chánh Tài – Thứ Năm,  28/4/2016, 08:16 (GMT+7)

Núi nợ của Trung Quốc có thể dẫn đến cuộc khủng hoảng tín dụng hoặc tình trạng tăng trưởng trì trệ kéo dài. Ảnh minh họa: TRIKLOPODIA

(TBKTSG) – Tổng nợ của Trung Quốc đã tăng lên mức kỷ lục, tương đương 237% GDP trong quí 1, vượt xa các nền kinh tế mới nổi khác, làm gia tăng rủi ro khủng hoảng tài chính hoặc nguy cơ tăng trưởng trì trệ kéo dài, các chuyên gia kinh tế cảnh báo.

Tiếp tục đọc “Trung Quốc: hai kịch bản rủi ro khi nợ tăng lên mức kỷ lục”

PRC’s slowdown for Asia’s growth – key takeaways

PRC’s slowdown for Asia’s growth – key takeaways

After many decades of driving regional growth, the economy of the People’s Republic of China (PRC) is now slowing down, and this is likely going to have a noticeable effect on the world economy and especially globally integrated economies in developing Asia. Tiếp tục đọc “PRC’s slowdown for Asia’s growth – key takeaways”