China Market Intelligence

April 29th, 2015
Lingling Jiang and Nick Marro

For millennia the Silk Road served as an important network of trade and culture between East and West, facilitating the peaceful movement of people, wealth, and ideas between East Asia and Europe during its zenith in the 12th century. A newly issued action plan for the "One Belt, One Road" initiative (OBOR) has been billed by the Chinese government as an effort to revive the economic integration that nations along the historic Silk Road once enjoyed.

The plan...

April 29th, 2015
Dan Markus

New provisions for continuous fines, detention for polluters, and public interest lawsuits give China’s revised Environmental Protection Law (EPL) new powers to fight the war on pollution. But whether or not the EPL’s added clout results in a cleaner environment depends on enforcement capacity—as well as implementation. The 1989 EPL was revised to mete out more serious punishments to polluters, reflecting growing concerns within China’s leadership and at the local level about...

April 29th, 2015
USCBC Staff

Companies can expect some openings in China’s newly issued list of industries off-limits to foreign investment in the recently unified free trade zones (FTZs), though many investment restrictions important to industry groups remain unchanged. The State Council’s updated free trade zone negative list is to be uniformly adopted across China’s four free trade zones in Shanghai, Fujian, Guangdong, and Tianjin, effective May 20, 2015. The updated “negative list” (or list of sectors...

April 15th, 2015
Secretary of Commerce Penny Pritzker on Tuesday, April 14 in Beijing called for expanded US-China business engagement and the need to address cybersecurity-related concerns.   Her remarks were made during a clean energy business development trade mission that she is leading this week in conjunction with the Department of Energy and leading American companies. USCBC co-hosted events in Beijing and Shanghai for the mission.   Key passages from Secretary Pritzker’s remarks:   America supports a...
April 15th, 2015
Lipei Zhang

The State Council on March 23, 2015 issued a notice requiring all ministries and affiliated institutions under the State Council to complete and publish English translations of relevant trade-related department rules. The Notice on Completing the Translation of Trade-Related Department Rules into English mandates that each translation be posted on official websites or other channels before the regulation’s implementation, or no later than 90 days after the implementation of such regulation...

April 15th, 2015
Jake Laband

US companies conducting government affairs (GA) in China face a wide range of challenges in interacting with government regulators and policy stakeholders. Factors like China’s anti-corruption campaign and increasing decentralization were discussed in US-China Business Council’s (USCBC) October 2014 report on best practices in stakeholder engagement. But companies also face challenges in gauging how the Chinese government perceives lawyers, and determining when having lawyers participate in...

April 15th, 2015
Dan Markus

The Chinese government has announced a series of new plans in recent weeks—Made in China 2025, Internet Plus, and the Innovation Development Strategy—designed to develop Chinese innovation in the industrial and infrastructure sectors by favoring Chinese brands over foreign competitors. In providing greater preferential treatment to Chinese companies—like tax incentives and financing—under these new plans, they create the potential to not only alter the competitive landscape in China by...

April 15th, 2015
Owen Haacke and Weidi Shen

Recent statements from key Chinese leaders have reaffirmed that infrastructure and property development will remain important long-term drivers of economic growth as China enters a “new normal” of moderating economic growth. Despite statements made in recent years about the desire to shift economic planning away from investment and infrastructure-driven stimulus injections, these statements make clear that property and infrastructure—bolstered by new policy measures—will remain key levers...

April 15th, 2015
Stephanie Henry

Suspending problematic policies that restrict US companies’ ability to sell information technology (IT) products in the China market, eliminating proposed regulations that would disadvantage foreign companies operating in certain industries, and enforcing the Antimonopoly Law (AML) fairly against both domestic and foreign companies: these are just some of the US-China Business Council’s (USCBC) new recommendations for the 2015 Joint Commission on Commerce and Trade (JCCT) negotiations. The...

April 13th, 2015
Ryan Ong

Although foreign companies have seen a slowdown in competition investigations over the last several months, new data released on April 3 from the Ministry of Commerce (MOFCOM) shows that the agency’s reviews of merger and acquisition (M&A) transactions continue to rise.  Data through the end of last year showed that the number of M&A reviews conducted by MOFCOM had risen nearly every year since the 2008 launch of the Antimonopoly Law, from 17 reviews in 2008 to 241 deals reviewed in...

Pages