USCBC hosts Comprehensive Economic Dialogue (CED) Luncheon
On July 18th, the US-China Business Council, the U.S. Chamber of Commerce, and the China General Chamber of Commerce – USA hosted a reception and luncheon in honor of His Excellency Wang Yang, vice premier of the People’s Republic of China. U.S. Chamber of Commerce President and CEO Thomas J. Donohue, China General Chamber of Commerce – USA Chairman Xu Chen gave the welcome remarks. U.S. Treasury Secretary Steven Mnuchin and U.S. Commerce Secretary Wilbur Ross also addressed the luncheon.
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USCBC 2017 State Export Report
The US-China Business Council’s (USCBC) annual report on state exports shows that China continues to be an important destination for American goods and a significant contributor to US economic growth. "Since 2005, USCBC data reveals that US exports to China have grown faster than exports to any other major US trading partner," USCBC President John Frisbie said. "Despite the slowdown of a maturing economy, growth the past decade is unmistakable. There is no doubt that China is an important market for states across the country and that more must be done to strengthen US exports to China.”
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Reception for new USCBC Board chair, Evan Greenberg
On June 7, USCBC hosted a reception to welcome new board chair, Evan Greenberg, Chairman and CEO of Chubb, as well as its new officers and directors. More than 170 guests attended the event, including nearly 20 C-suite level business executives from major American companies and USCBC board directors. Among other distinguished stakeholders in US-China relations, were China’s ambassador to the United States, H.E. Cui Tiankai, US Senate Majority Leader Mitch McConnell, Rep. Ed Royce (CA-39), Chairman of the House Foreign Affairs Committee; United States top envoy to China, Ambassador Terry Branstad and his wife Chris, and the Co-chairs of the Us-China Working Group Rep. Rick Larsen (WA-2) and Rep. Darin LaHood (IL-18).
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USCBC 44th Annual Membership Meeting
On June 6, the US-China Business Council held it’s 44th Annual Membership Meeting. Treasury Secretary Steven Mnuchin provided the keynote address, and emphasized the Trump administration’s goal of achieving a more balanced bilateral trade relationship.
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Chubb CEO Evan Greenberg elected USCBC Chair
"For more than four decades, the US-China Business Council has represented American business interests in China, a very important market for US companies,” said Greenberg. “We advocate for greater US business access to and freedom of trade and investment in China, both of which will create more US jobs and benefit the Chinese people. At the same time, we support Chinese investment in the United States, which is a growing source of US job creation."
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Trump, Xi Need to Create a Stronger Framework for US-China Relations
Leaders of the world’s two most powerful economies will sit down together for the first time tomorrow. The list of topics to cover could be long. But this meeting is more about the relationship that will be established between President Donald J. Trump and his Chinese counterpart, Xi Jinping.
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USCBC’s Healthcare Industry Checkup
The Chinese healthcare sector, which accounted for 6 percent of the country’s GDP in 2016, is expected to capture a 10 percent share in the coming years. Racing to establish a modern system of coverage, services, and products to accommodate the world’s largest population and fastest growing economy, China faces a number of development challenges. As China increasingly makes use of foreign products, services, and expertise to accomplish its reform goals, foreign companies are in a position to advance China’s reform goals in the healthcare sector, if allowed market access.
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USCBC hosts Comprehensive Economic Dialogue (CED) Luncheon
On July 18th, the US-China Business Council, the U.S. Chamber of Commerce, and the China General Chamber of Commerce – USA hosted a reception and luncheon in honor of His Excellency Wang Yang, vice premier of the People’s Republic of China. U.S. Chamber of Commerce President and CEO Thomas J. Donohue, China General Chamber of Commerce – USA Chairman Xu Chen gave the welcome remarks. U.S. Treasury Secretary Steven Mnuchin and U.S. Commerce Secretary Wilbur Ross also addressed the luncheon.
Read More
USCBC 2017 State Export Report
The US-China Business Council’s (USCBC) annual report on state exports shows that China continues to be an important destination for American goods and a significant contributor to US economic growth. "Since 2005, USCBC data reveals that US exports to China have grown faster than exports to any other major US trading partner," USCBC President John Frisbie said. "Despite the slowdown of a maturing economy, growth the past decade is unmistakable. There is no doubt that China is an important market for states across the country and that more must be done to strengthen US exports to China.”
Read More
Reception for new USCBC Board chair, Evan Greenberg
On June 7, USCBC hosted a reception to welcome new board chair, Evan Greenberg, Chairman and CEO of Chubb, as well as its new officers and directors. More than 170 guests attended the event, including nearly 20 C-suite level business executives from major American companies and USCBC board directors. Among other distinguished stakeholders in US-China relations, were China’s ambassador to the United States, H.E. Cui Tiankai, US Senate Majority Leader Mitch McConnell, Rep. Ed Royce (CA-39), Chairman of the House Foreign Affairs Committee; United States top envoy to China, Ambassador Terry Branstad and his wife Chris, and the Co-chairs of the Us-China Working Group Rep. Rick Larsen (WA-2) and Rep. Darin LaHood (IL-18).
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Recent Analysis

US-China Economic Dialogue Concludes, USCBC Hosts Vice Premier

First Meeting of US-China Comprehensive Economic Dialogue Concludes, No Statements Issued Yet
 
American and Chinese government delegations met today in the first US-China Comprehensive Economic Dialogue (CED). The dialogue ended at 4:30 pm Washington, DC time today (June...

Looking Ahead: CED meeting and steel developments

Sunday marks the end of the “100-day” plan, agreed to by Presidents Trump and Xi at their Mar-a-Lago meeting in April. Delegations from the two governments will meet Wednesday for the first meeting of the Comprehensive Economic Dialogue. USCBC will report on relevant news from this event...

USCBC releases Chart Detailing Changes in the 2017 Catalogue Guiding Foreign Investment

USCBC’s comparative chart of China’s new and past foreign investment catalogues demonstrates that the new Catalogue Guiding Foreign Investment closely aligns with a draft released in late 2016 and opens only a few new sectors to foreign investment. The newest version, which takes...

Central Environmental Inspections Nail Thousands of Violators

Thousands of companies have moved, shut down, or reduced capacity since China’s central government increased inspections in their implementation of the 2015 Environmental Protection Law. A variety of additional environmental regulations have been released since the law’s enactment and...

USCBC Active in China with Advocacy Campaigns

In response to member company concerns about the regulatory interpretation of recent laws and regulations over the past six months, the US-China Business Council (USCBC) continues its advocacy initiatives and its operating environment analyses and best practices for member companies in...

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