Title: China Economy: Population, GDP, Facts, Trade, Business, Inflation, Corruption
Headings: China
China
Rule of Law
Regulatory Efficiency
Open Markets
Background
Rule of Law View Methodology
Government Size View Methodology
Regulatory Efficiency View Methodology
Open Markets View Methodology

Content: The government maintains an extensive system of subsidies for numerous inefficient state-owned enterprises and controls the prices of essential goods and services. Open Markets View Methodology
Trade Freedom 71.2 Create a Graph using this measurement
Investment Freedom 20.0 Create a Graph using this measurement
Financial Freedom 20.0 Create a Graph using this measurement
China has 15 preferential trade agreements in force. The trade-weighted average tariff rate is 4.4 percent, and 397 nontariff measures are in effect. The National People’s Congress has passed new laws replacing previous codes governing foreign investment, but China’s protectionist foreign investment approval system remains restrictive and lacks transparency. The government continues to maintain its tight grip on the financial system. Back to Top