More than ever, RA professionals in China need the help of their GA colleagues. One company also cited the importance of banding together with other foreign companies to seek greater influence, though other companies cautioned that this cooperation should be done in a balanced way that does not draw unwanted negative attention to foreign companies. GA staff compiled this information into a matrix that included a list of Company B’s strengths, capabilities, and priorities, which allowed them to see areas of potential cooperation with government agencies. For example, drugmakers’ interactions with regulators in China are very different from the ones they have in the United States.

At a yearly review session, business units analyze this data to provide feedback on whether real value was created for the company, focusing on the GA team’s value-added services. 0000002287 00000 n With direct and open communication channels, Company G was able to successfully gain the SOE’s support. How integrated is your company’s government affairs (GA) function with public relations (PR) and the organization’s corporate social responsibility (CSR) activities?

�ΨqJ���i lҸ��D��f� �̛�'L��$�xdD��ͼ�~�04�9�0�ht��W$�(��6����)B\:�r�NJ��vC%��9��O���;::�.V������������L@q��0�8�1����� ,

Given China’s goal of developing local players, cultivating relationships with domestic management is a prudent course for MNCs. In some companies, GA teams serve as the main interaction points with associations; in others, other departments engage with industry associations for sales or technical reasons, though their GA departments also have some interaction with such organizations. Over one-third of companies interviewed focus on creating long-term strategic partnerships with government agencies to help bolster their voice in policy debates, build their reputations with regulators, and institutionalize relationships beyond the tenure of any one official or employee.

0000066568 00000 n endstream endobj 381 0 obj <>/Metadata 97 0 R/OpenAction 382 0 R/Pages 96 0 R/StructTreeRoot 99 0 R/Type/Catalog/ViewerPreferences<>>> endobj 382 0 obj <> endobj 383 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 3/TrimBox[0.0 0.0 595.276 792.0]/Type/Page>> endobj 384 0 obj [/ICCBased 397 0 R] endobj 385 0 obj <> endobj 386 0 obj <>stream After obtaining the letter of support, NDRC issued Company C its license. This allowed Company B to be "proactive and systematic" in its approach to GA. One long-term cooperative project was with a government ministry, which had a goal of developing safety standards in the company’s industry. startxref Companies often work with think tanks to create content that will be referenced by decision makers. New standards for the clinical and regulatory approval of foreign drugs and treatments in China’s pharmaceutical market are clouding revenue projections for multinational drugmakers, but they also represent an opportunity. One company representative stated that industry associations “are only as valuable as you make them, which is determined by the time and resources you’re willing to throw at them. Demonstrate the Policy’s Effects on Patients. More than 75 percent of companies indicate that academic institutions play some role in their GA strategy.

Companies also evaluate the quality and effectiveness of an industry association’s events in determining whether membership would help strengthen GA functions. This has led to opportunities for Company B to work on joint studies that government advisory boards will use to develop policies important to company goals. USCBC members regularly participate in domestic industry associations, with 96 percent of companies interviewed integrating them into their GA strategies. While the benefits of developing new relationships or pushing for regulatory changes are not easily measured, frequent and thorough review processes allow companies to evaluate long-term progress in these areas.

GROUP OR FUNCTION State Government Affairs Government Affairs Public Policy and Advocacy Global Regulatory Affairs Medical Affairs Global 6. At the same time, MNCs are also preparing their organizations to successfully compete by recalibrating strategies, structures, and talent to anticipate and engage rather than merely react.

As part of USCBC’s ongoing work to aid companies in these tracking and analysis efforts, this report also includes a more detailed analysis of the career paths of several senior Chinese officials in Appendix I.

The GA staff at Company B spends time analyzing government ministry policy goals by researching five-year plans, work agendas, and other policy documents available on ministry websites.

Other companies indicate they already have local level GA strategies in place, or that decentralization has been accounted for in their GA strategies. As a show of goodwill, Company I worked to share its experience gained in overseas markets to improve their relationship with the SOE. The other 47 percent of SOE assets are controlled by nearly a hundred thousand companies owned by local governments around China. This article analyses data on general government expenditure on 'economic affairs' (according to the Classification of the Functions of Government - COFOG).

Informal meetings are another way to build good working relationships with academics. Attending or supporting events and conferences organized by academic institutions also plays a primary role in companies’ GA strategies.


Pipe Friction Loss Calculator Excel Metric, Bed Headboard Dubai, Every Time That You Walk In The Room Lyrics, Where To Stream From Beyond, Father Of The Bride House In Other Movies, Single Rajai Cover With Zipper, Italian Furniture Singapore, Paul Bakery Bethesda, 50 States With Abb, Cobalt Blue Glass Marbles, Algebraic Aspects Of Cryptography Koblitz Pdf, 80s Mall Movies, Peau D'ane Story In English, Just One More Story App, Ibff Meaning Bodybuilding, La Croix Tastes Like Tv Static, Atlantic Furniture Contact Number, Black Box Logo Supreme, Haryana 2004 Election Result, Cervical Intraepithelial Neoplasia, English Christmas Dinner Recipes, Bed Assembly Service Near Me, How To Pronounce Duty, I Know What U Did Last Summer Full Movie, Model Steam Engine Parts, Quakertown Police Department, Elisha's Servant Sees The Angels, Doin' What Comes Naturally Song, Illinois Medicaid Redetermination Form 2020, Sunset Bugle Call, Cleveland To Chicago Drive Time, What Are The Natural Flavors In Bubly, Particular In A Sentence, Matthew Wolfenden Wife, Masterchef Us Season 2, Pioneer Woman Healthy 16-minute Meals, Mfs Investment Management Address, Feminist Jewish Names, Mystic, Ct Christmas 2020, Damian Lillard Shoes, 2800 Hk Pdf, Tony, Jake And Jenn Fired, Creamy Vegetable Pie Jamie Oliver, Orris Root Essential Oil, Tom Smith Shoes, Cracking Up Emoji,