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5 White Paper on the Business Environment in China

aspects of products for each market, in addition to standard Works Cited
localization e orts.
1 “Production of China’s Machinery Industry Up 26.42% in
In areas which are not considered of importance to na- First 8 Months.” National Population and Family Planning
tional or strategic security, conformity to standards will not Commission of China. September 26, 2011. http://www.
only help international companies in China, but also Chi- npfpc.gov.cn/en/detail.aspx?articleid=111010171232421897.
nese rms, as the costs of development, implementation and Accessed November 5, 2011.
troubleshooting will undoubtedly decrease when companies
are able to rely upon a (hopefully) global body of existing 2 e National Bureau of Statistics of China. “China Statistical
knowledge. Yearbook 2009.” China Statistics Press. Beijing, People’s Republic
of China. 2009.
Similarly, as Chinese design and manufacturing becomes
more sophisticated, domestic industry players can bene t 3 Zheng Chenguang. “China’s Machinery Industry Sees
from global discourse on the topic through their own partici- Strengthened Self-innovative Capability.” CRI News. January
pation—legislative or otherwise arti cial manipulation is not 22, 2008. http://english.cri.cn/4026/2008/01/22/167@316541.
likely to improve innovation or productivity. htm. Accessed December 29, 2008.

4 “China’s machinery, electronic exports rank 1st worldwide.”
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5 “Nearly 70% of exported machinery, electronic products
done by foreign-funded rms.” China Daily. February 17,
2010. http://www.chinadaily.com.cn/business/2010-02/17/
content_9472109.htm. Accessed November 24, 2010.

6 “China’s machinery industry posts slower output, sales growth
in H1.” Xinhua. July 22, 2011. http://news.xinhuanet.com/
english2010/china/2011-07/22/c_131003232.htm.Accessed
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7 “China should increase high tech exports.” China Daily. September
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8 “China unveils plans to spur key industries.” Xinhua. February
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9 “China’s top political advisor urges e orts to boost development
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10 Yoko Kubota and Wan Xu. “Global machinery makers bank on
China rebound in 2013.” Reuters. October 30, 2012. http://
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