Progress in the bilateral commercial relationship continues to be incremental. American companies welcome China’s ambitious reform direction, but have yet to see tangible impact on many areas of concern. We encourage both governments to develop a broader, long-term strategic vision of the bilateral economic and commercial relationship. Both governments should pursue an economic liberalization framework that would comprehensively address opportunities and challenges in the relationship, rather than approach them incrementally. USCBC calls upon the US and Chinese governments to work together on the priority recommendations and issues in this year's statement.

How much of a change does the new agreement represent? How feasible is implementation? And what types of business opportunities—or challenges—will it create for foreign company operations in China?

US-China Business Council monitoring of publicly announced investigations concerning China's Antimonopoly Law indicates that while both foreign and domestic companies have been targets, in recent months, foreign companies appear to have faced increasing scrutiny. This report provides a detailed summary of China’s competition enforcement activity, analyzes the questions and concerns of foreign companies, and provides specific recommendations for how to further improve the substance and perception of China’s competition regime.