USCBC is rolling out a Reform Scorecard to assess the actual impact of China’s reforms on foreign company concerns. The scorecard is divided into categories based on key themes for reform, such as the role of the state and the market, foreign investment, institutional reform, and others. The report assesses the impact of reform policies, both individually and as a whole. In this first assessment, China’s economic reform policies to date have had a limited impact on foreign company operations.

The US-China Business Council’s (USCBC) annual report on US State Exports to China released today shows that the world’s second largest economy continues to be an important market for the economic health of American companies and farmers. In 2013, US exports to China reached $120 billion, making it the third-largest export market for US goods behind Canada and Mexico, America’s neighbors and NAFTA partners.

This is the third priorities statement issued by USCBC’s board of directors. While progress has been made on a number of the previous statements’ recommendations, more work needs to be done on other issues and new concerns continue to arise that require the attention of both governments in order to fully develop commercial ties, resolve issues, and bring greater benefit to each country’s economy, companies, employees, and citizens.