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Vol 23 No 5 May/June 2018

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Drafting Commercial Agreements

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Chinese Regulatory Licensing System

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ISBN13: 9781841133928
To be Published: March 2019
Publisher: Hart Publishing
Country of Publication: UK
Format: Hardback
Price: £80.00



Although business people often regard licensing requirements as a major obstacle to investment and new ventures, the development of a well-designed regulatory licensing system is also widely believed to promote social welfare. The book explores existing regulatory licensing systems in China and critically appraises them using a law-and-economic approach.

This book is in three main parts. The first presents a general description of Chinese regulatory licensing systems. Secondly, the book discusses the design and evaluation of regulatory licensing systems by applying law-and-economic theories to three major issues. These issues are: the use of licensing as a means of regulation and as opposed to other means of regulation; the setting up of standards imposed through regulatory licensing systems; and the arrangement of procedures adopted for regulatory licensing systems. Thirdly, on the basis of the above theoretical framework, this book develops a critical evaluation of current Chinese regulatory licensing systems from the aforementioned three issues. In particular, it deeply examines licensing regimes for three sectors: lawyers, taxis and pharmaceutical products in China.

The book will be of great interest to scholars, practitioners and policymakers.

Series: China and International Economic Law Series

Arbitration in China: A Legal and Cultural Analysis ISBN 9781849463775
Published February 2013
Hart Publishing
£75.00
Arbitration in China: A Legal and Cultural Analysis (eBook) ISBN 9781782250739
Published February 2013
Hart Publishing
£67.50 + £13.50 VAT
(ePub)
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EU, the WTO and China: Legal Pluralism and International Trade Regulation ISBN 9781841137049
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The European Union and China, 1949-2008: Basic Documents and Commentary
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International Trade Regulation in China: Law and Policy ISBN 9781841133935
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The Legal Framework of EU-China Investment Relations: A Critical Appraisal ISBN 9781841133911
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