Research & Analysis

China Compulsory Certification (CCC) is a necessary part of tapping the Chinese market for more than 132 product categories, including automotive parts. Manufacturing vehicle components is a complex undertaking, and the rules and regulations for selling in China can be overwhelming. However, a few simple tips—and plenty of advance preparation—can set up a successful certification and new customer base.

Tuesday, November 22, USCBC hosted the third annual food safety seminar on the margins of the JCCT, along with the China Council for the Promotion of International Trade (CCPIT) and the US-China Agriculture and Food Partnership (AFP). First held in 2014 in Chicago, the seminar is a forum for American and Chinese companies to talk about cooperative ways to improve food safety. The 2016 seminar focused on: strengthening consumer protection and enhancing public confidence in the supply chain; transparency and implementation of food safety regulations; and international best practices on preventing and responding to food safety incidents.

Current anxieties are overblown and the scale of Chinese investment in Hollywood is far from a threshold where it could undermine its diversity and openness. More importantly, these investments create jobs and present tremendous opportunities for US entertainment companies.

On Monday, November 21, USCBC and the US Chamber of Commerce held a reception and small dinner in honor of the 2016 U.S.- China JCCT. The reception and dinner was attended by Vice Premier Wang Yang and his delegation and also joined by Commerce Secretary Penny Pritzker, US Trade Representative Michael Froman, USCBC Chair Mark Fields, and other member company representatives.

Purchasing real estate in China can be a complex procedure. Because there are so many eligibility requirements for a mortgage and to buy real estate, it’s important for investors to be aware of the differences between owning real estate and land rights in China.

Business leaders around the world have long recognized the potential of China’s consumer market. In this lively presentation to Asia Society, Chinese consumer expert Tom Doctoroff says marketers and business leaders needed to understand the “tension in the heart of the post-90s generation” in order to make their products more relevant in the consumers’ lives.

Despite high-level government support for China’s New Energy Vehicle (NEV) industry, the Chinese government has been sending mixed messages to foreign companies investing in the world’s largest electric vehicle market. Some regulatory guidance is poised to advance the NEV and battery industries, but other regulations stifle investment and innovation.

Crowdfunding, funding a project through online donations, has become a popular way to invest in the West; but in China, it’s a relatively nascent industry with enormous potential for future growth. The World Bank’s 2013 Crowdfunding’s Potential for the Developing World report estimated that China will generate $50 billion, or 52 percent of the global total, in crowdfunding by 2025. During 2015, RMB11.4 billion ($1.7 billion) was raised through crowdfunding platforms in China – an over 400 percent increase from 2014.