China Market Intelligence

July 20th, 2017
By USCBC Staff

New Agreements Elude Negotiators at First Comprehensive Economic Dialogue

The United States and China were unable to reach agreement on significant outcomes at the first US-China Comprehensive Economic Dialogue (CED), which took place on July 19. An impasse over China’s steel capacity was reportedly the driving factor. Reports indicate that US negotiators, after review at the highest levels, determined that China’s offers in other areas were insufficient to...

July 19th, 2017
By USCBC Staff

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 19), but no statements on outcomes have been issued as this update goes to press. Chinese government sources have indicated that the Chinese delegation will hold a press conference at 8:00 pm DC (8:...

July 12th, 2017
By Anna Ashton and Lincoln Lin

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 effect July 28, also makes incremental progress in shifting China’s foreign investment regime to a negative list-style system like the one employed in China’s free trade zones. USCBC released initial...

July 12th, 2017
By Owen Haacke

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 promise a sharp uptick in environmental inspections, which could have far-reaching consequences for foreign company operations. To proactively minimize these risks, the US-China Business Council (...

July 12th, 2017
By USCBC Staff

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 the United States and China. Policies enacting the Cybersecurity Law, developments in healthcare reform, and updates to the Anti-Unfair Competition Law have spurred USCBC formal comment letters to...

June 29th, 2017
By USCBC Staff

Vice Minister of Finance Zhu Guangyao on June 15 called the 100-day trade agenda and its initial outcomes a demonstration of determined efforts to continue developing commercial relations between the United States and China.

Addressing the 60 attendees of the US-China Business Council’s (USCBC) Operations Conference in Beijing, Zhu underscored the importance of the firm deadline and strict timelines for the negotiation and deliverables process. He also stated that...

June 29th, 2017
By Owen Haacke

In an increasingly competitive labor market, equity awards, higher salaries, and upward mobility can help foreign companies attract and keep top talent. But Chinese restrictions on foreign companies’ equity awards — such as stock options — can hobble US companies’ compensation competitiveness.

During recruitment, top talent frequently focus on salaries and cash incentives, according to US-China Business Council (USCBC) member company human resources (HR) executives...

June 29th, 2017
By Lincoln Lin

A series of recent hospital reforms by the Chinese government are designed to standardize pricing and encourage investment in the medical system. Moves from medical and registration fees to a medical service fee and a new focus on establishing a system of family doctors could bring China’s public hospitals in line with many private hospitals and standard international practices.

Public hospitals have long been reliant on drug price markups and over-prescription to...

June 29th, 2017
By USCBC Staff

The US-China Business Council (USCBC) last week released its annual report on state exports, showing that China continues to be an important destination for American goods and a significant contributor to US economic growth. Key findings include:

China’s economic growth rate is slowing, but it remains an important market for US exports. In 2016, US goods exports to China totaled $113 billion, holding steady with the previous year and remaining the third-largest US...

June 29th, 2017
By Jake Parker

Enforcement of China’s Cybersecurity Law (CSL) began at the beginning of this month, but questions remain about how companies should comply with the myriad requirements of the law and its related measures, standards, and other regulations. Following conversations with company executives and service providers, the US-China Business Council (USCBC) developed a brief list of best practices to help accelerate internal compliance plan development.

The CSL and related...

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