USCBC Board Visits Hangzhou to Observe China’s Innovation Ecosystem

HANGZHOU — September 3, 2026 — Members of the US-China Business Council (USCBC) Board of Directors and Advisory Council today concluded a one-day trip to Hangzhou to promote bilateral commercial ties and explore China’s growing domestic innovation ecosystem. The delegation met with Governor Liu Jie of Zhejiang province and visited some highly innovative Chinese private companies.

“The innovation coming out of China is remarkable in its speed, scale, and affordability,” said USCBC President Sean Stein. “US companies should learn from Chinese innovators but also prepare to compete with them as Chinese companies increasingly go global.”

USCBC members who participated in the visit included:

• Hassane El-Khoury, President and Chief Executive Officer, onsemi
• Roger Lynch, Chief Executive Officer, Condé Nast
• Roberta Lipson, Founder, New Frontier Health
• Dr. Brendan Nelson AO, President, Boeing Global, The Boeing Company

USCBC is a private, nonpartisan, nonprofit organization of major American companies that do business in China. Established in 1973, USCBC represents many of the world’s most iconic brands and for more than 50 years has advocated on behalf of US business while promoting the many benefits of commercial exchange between the US and China.