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Xiong’an New Area: China’s Newest Special Economic Zone?

November 8, 2017 By CKGSB Knowledge

On April 1st, 2017, the Chinese government announced the formation of a new special economic and development zone: the Xiong’an New Area. About 60 miles southwest of Beijing, in Hebei province, the area will combine the now relatively rural counties of Rongcheng, Anxin and Xiong. With an expected investment of $583 billion over the next 20 years in infrastructure alone, Xiong’an is set to transform from a largely agricultural and low-tech manufacturing region, into a high-tech, environmentally sustainable modern metropolis. It will also, according to the plan, alleviate some population pressures from Beijing while serving as a destination for some administrative departments, logistics bases and other government offices.

Filed Under: All Articles, Environment, Know China, Policy and Law Tagged With: Government, xiong'an new area

Solving the Prickly Issue of Overcapacity in China

June 14, 2016 By Matthew Fulco

Having delayed serious structural reforms, China faces eye-watering overcapacity in heavy industries. Steel production volume is more than double that of the next four leading producers combined: Japan, India, the United States and Russia. Aluminum production capacity reached 40 million tons last year, exceeding global consumption by 9 million tons. Most remarkably, between 2011 and 2013 China produced more cement than the US did during the entire 20th century—6.6 gigatons, compared to the US’s 4.5. What can China possibly do about this excess capacity that is weighing on the balance sheets of debt-ridden firms reeling from China’s economic slowdown?

Filed Under: All Articles, Chinese Economy, Economy, Know China, Manufacturing Tagged With: Government, Overcapacity, Policy

Is Corporate Social Responsibility China’s Secret Weapon?

May 27, 2015 By Meng Liu

Chinese companies are starting to realize that corporate social responsibility is an important part of their transformation into a reputed brand.

Filed Under: All Articles, Best Practice, CSR, Environment, Know China, Social Good Tagged With: Chinese Company, Corporate Social responsibility, Environmental Pollution, Government, Slider

Soccer in China: A World Apart

November 10, 2014 By Colleen Howe

People are taking to soccer in China, but is it just a passing fad or a phenomena that’s here to stay?

Filed Under: All Articles, China, Culture, Know China, Sports Tagged With: Alibaba, Corruption, Evergrand, Football in China, Germany, Government, Hot Issues in China, Jack Ma, Nike, Slider, World Cup

Electric Cars in China. Unplugged!

September 29, 2014 By Sunny Oh

The government money is there, the producers are capable, so what is stopping electric cars in China from taking off?

Filed Under: All Articles, Automobile Industry, China, Digital Economy, Know China, Manufacturing, Policy and Law, Technology Tagged With: BYD, Electric Vehicles, Energy Policy, Environmental Pollution, EV, Government, Infrastructure, Investment, Slider, Tesla, Toyota, Volkswagen

To succeed in China, align with government policy

September 15, 2011 By CKGSB Knowledge

Much of the west, especially the US, once imagined itself as a land of freewheeling enterprise: the gods of the marketplace reigned supreme and government was a minor obstacle on the path to glorious riches. Since the outbreak of the financial crisis, cracks have appeared in this vision, sometimes known as the Washington consensus, as […]

Filed Under: 2011, All Articles, Joint Ventures, Policy and Law, Winning in China Tagged With: Chinese Joint Ventures, Government, JV, Local Government

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Information, analysis, and interviews about the Chinese economy and doing business in China, from the people who know it best. Presented by the Cheung Kong Graduate School of Business, China's leading business school.


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