China continues to significantly lag in its commitments to promote and implement regulatory transparency measures, according to a new US-China Business Council (USCBC) report. USCBC analysis of the National People’s Congress (NPC), the State Council, and selected Chinese government agencies shows varying levels of compliance with transparency commitments.
China Market Intelligence
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March 19th, 2014
US companies across nearly every industry and sector face licensing and approvals challenges in China.
March 10th, 2014
The US-China Business Council (USCBC) has called on US government agencies to address China’s High- and New-Technology Enterprise (HNTE) tax accreditation program with their Chinese counterparts, pushing for revisions that would not discriminate against foreign companies.
March 5th, 2014
In his opening remarks to the annual meeting of the National People’s Congress (NPC), Chinese Premier Li Keqiang said that comprehensive reform was the government’s “top priority” in 2014.
March 5th, 2014
China’s State Administration for Industry and Commerce (SAIC) revised a series of company registration regulations that remove requirements for up-front capital contributions, eliminate minimum registered capital requirements for certain business entities, and eliminate required annual inspections in favor of simplified annual reporting.
March 5th, 2014
In its recently completed recommendations for the Shanghai Free Trade Zone (FTZ), the US-China Business Council (USCBC) urged China’s central and Shanghai’s local governments to substantially reduce investment restrictions, encourage fair and open market competition, and enact equal treatment for foreign and domestic enterprises operating in the zone.
February 28th, 2014
Speaking at an early February meeting of the State Council, Premier Li Keqiang linked China’s ongoing fight against corruption to economic reform, saying that the Chinese government has “too much” influence on the country’s economy, making it “easy for corruption to breed.” The remarks, not published by state media until Fe
February 19th, 2014
Bilateral engagement between the United States and China has begun to ramp up, with the US-China Business Council (USCBC) taking an active role in discussing key business issues with governments from both nations.
February 19th, 2014
The US-China Business Council (USCBC) on February 7 highlighted the need for fair treatment and stronger enforcement of foreign intellectual property in China, calling for the US government to make China a focus of its IP work in 2014.
February 19th, 2014
The US-China Business Council (USCBC) recently finalized recommendations for improving China’s administrative licensing regime, a long-standing concern of USCBC member companies.
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Export Controls and Sanctions Tracker
Export controls and sanctions continue to be an important economic tool in each US administration’s China strategy. The export controls and sanctions tracker lists all active Commerce, Treasury, and State Department export controls aimed at China.
