Clarke & Esposito, in collaboration with Osmanthus Consulting, has announced the publication of the highly anticipated "International STM Publishing in China: State of the Market Report 2023." This comprehensive analysis of China's scientific, technical, and medical (STM) journals sector offers valuable insights and strategic recommendations for publishers and publishing service providers operating in this rapidly evolving market.
The report, co-authored by industry expert Nicko Goncharoff of Osmanthus Consulting and Clarke & Esposito, delves into the recent developments within China's scholarly ecosystem and their implications for STM publishing. Key focal points of the report include: China's recent reforms in the publishing sector and research assessment; The China Journal Excellence Action Plan (CJEAP); The emergence and impact of Chinese journal warning lists; Trends in open access (OA) and funding in China; The potential effects of a national OA policy in China; Risks and opportunities for international STM publishers; and Strategies for international publishers to effectively position themselves in the Chinese STM market.
Nicko Goncharoff, an expert in the field, emphasized the significance of China as an important market for scholarly publishers, but also highlighted the growing challenges associated with operating in the country. He noted, "To succeed in this market, it is crucial to develop a robust strategy that involves engaging local stakeholders, understanding the policy and competitive landscape, and addressing the unique needs of Chinese authors."
"International STM Publishing in China: State of the Market Report 2023" is now available for purchase, providing publishers and publisher service providers with a comprehensive resource to navigate the intricacies of the Chinese market.
This report aims to equip international STM publishers with the necessary knowledge and strategies to optimize their presence in China's vibrant scholarly publishing landscape. By understanding the market dynamics and embracing effective strategies, publishers can seize the opportunities and overcome the challenges presented by this critical market.