2015 China Regulatory Transparency Scorecard
Regulatory transparency—the openness of government decision-making, the public availability of information, and the solicitation of broad public feedback during the drafting of new laws and regulations—remains a top concern of USCBC member companies operating in China. In USCBC’s 2014 annual membership survey, transparency ranked as the number eight business challenge.
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Finalized Catalogue Guiding Foreign Investment in Industry Falls Short
Compared with the most recent version of the Catalogue Guiding Foreign Investment in Industry in 2011, the update released March 13 takes steps to reduce the number of restricted investment categories from 79 to 38, but the US-China Business Council’s analysis indicates that the final version did not address most of the ownership restrictions important to USCBC members. Several restrictions that were removed in the November 2014 draft were reinstated, and some of the new revisions appear to be more restrictive to foreign investors.
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Save the Dates: 42nd Annual Membership Meeting & Board Reception
Save the Dates: 42nd Annual Membership Meeting & Board Reception
Mark your calendars and plan to join the US-China Business Council in Washington, DC on June 2 and 3. On the afternoon of June 2, USCBC will host its 42nd Annual Membership Meeting, where experts from the business, academic, and think tank fields will provide a comprehensive overview of the latest business and economic trends in China and critical issues impacting US-China commercial relations. On the evening of June 3, USCBC will host a reception to introduce the newly elected USCBC chair and board directors. More information and registration are forthcoming.
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