USTI Report on China: Description of Selected Government Practices and Policies Affecting Decision-Making in the Economy

Wednesday, April 23, 2008 2:29
Posted in category The Big Picture

U.S International Trade Commission has just released a 270 page report entitled Description of Selected Government Practices and Policies Affecting Decision-Making in the Economy, and while this report is long in title and content, it has a lot of information about just how decisions are made:

The Committee requested that this first study describe the practices and policies that China’s central, provincial, and local government bodies use to support and attempt to influence decision making in the economy, including the manufacturing, agricultural, and services sectors; the second study is to assess, to the extent possible, the relative impact of these policies on selected sectors; and the third study is to examine the role of these policies in influencing patterns of production and investment in the Asian region

For me, 270 pages is just too much information, and I am thankful that before the 4 pages of describing common terms and abbreviations they provided a table of contents so that I could find the topic that was most interesting for me (Chapter 3: Price coordination, utility rates, and taxation and Chapter 5 Restraints on imports and exports).

For anyone interested in learning more about the bureaucratic process in China, specifically how things work and what issues are being balanced when decisions are being made, I highly suggest you download the document (5MB) and spend some time going through the relevant topics.

I will put some thoughts together on the chapter 3 and 5 shortly..

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