Yan Yu
Director, Beijing Office
Beijing
Director, Beijing Office
Beijing
Yan Yu has worked with the US-China Business Council Beijing Office since 2015. She currently heads USCBC’s engagement with central Chinese government bodies and advises members on navigating the complexities of China’s regulatory environment. Yu also specializes in critical policies and regulations impacting members’ operations in China, including China’s Foreign Investment Law regime as well as the emerging anti-sanction framework. Yu received her master’s degree in Asian Studies from the University of Michigan, Ann Arbor. Yu is admitted to the PRC Bar.
China’s State Council issued the Regulations on Industrial Chain and Supply Chain Security on April 7, creating a mechanism to monitor and investigate supply chain risks. Investigations could lead to countermeasures against countries, companies, and other entities. While the rules don’t necessarily create new retaliatory tools, they connect China’s existing tools under one framework, embedding retaliation into China’s governance system.
China’s State Council has finalized the Notice on Implementing Policies for Domestic Product Standards in Government Procurement after several rounds of public consultation. The document introduces China’s first-ever nationwide definition of “domestic product” for government procurement purposes. This notice will take effect on January 1, 2026.
Following President Donald Trump’s announcement of “reciprocal tariffs” on April 2, China swiftly responded with a broad package of retaliatory tools targeting US trade and investment.
Amid an economic downturn and growing pressure to restore foreign investor confidence, China’s Ministry of Finance (MOF) recently published a draft definition of “domestic products” for government procurement. The move aims to establish a nationwide standard. However, its effectiveness in resolving longstanding issues facing the business community in this area remains to be seen.
China’s new Export Control Regulations on Dual-Use Items, released in October, grant the Chinese government the authority to require a license to export certain covered products, technologies, and services that are found in, or can be used to produce, certain chemical, biological, missile, and nuclear items.