China Market Intelligence

September 22nd, 2021
By Banny Wang

China temporarily stopped allowing foreign nationals with valid visas and residency permits to enter China starting in March 2020 due to the COVID-19 outbreak and has only issued very limited special temporary visas (Q, M, and Z visas) since then. In September 2020, China lifted the additional visa requirements for foreign nationals who hold a valid residence permit. When it comes to hiring foreign nationals who do not yet possess a residence permit, the additional requirements remain in...

September 15th, 2021
By Craig Allen

The past few weeks have seen multiple high-level engagements between the US and Chinese governments. In Washington, USCBC is becoming acquainted with China's new ambassador to the United States, Qin Gang. At this juncture, please allow me to share what we have learned and introduce an important new member of USCBC’s senior leadership.

September 8th, 2021
By Wilson Hui

The term “common prosperity” has reappeared in the Chinese government’s lexicon, most recently during last month’s meeting of the Central Committee for Financial and Economic Affairs (CCFEA), the Chinese Communist Party’s highest-level economic policymaking body. President Xi Jinping, in a highly televised speech, framed common prosperity as the next step in China’s development and as an essential requirement of socialism. 

September 8th, 2021
By Allie Klein

August recess was anything but quiet, as Washington grappled with massive spending bills and the US withdrawal from Afghanistan. When lawmakers return to regularly scheduled hearings and floor votes in mid-September, they are unlikely to spend the last eight weeks of the legislative year prioritizing China issues. However, they could still codify certain bipartisan proposals by burying them in must-pass spending bills or passing them by unanimous consent, two processes that are opaque to...

September 8th, 2021
By Hannah Feldshuh

Different regions in China offer a variety of incentives for foreign businesses to establish local research and development (R&D) centers. However, a divergence between central and local policy and the perceived sensitivity of foreign-sponsored R&D have prompted concern from foreign companies looking to enter or expand their presence in the R&D space. While USCBC member companies have developed strategies to mitigate these challenges, they acknowledge clear limitations in the...

August 25th, 2021
By Antonio Douglas

Since being introduced in China’s Cybersecurity Law in 2017, the concept of “important data” has been shrouded in obscurity, while its legal significance has continued to grow. Foreign companies are concerned and unsure if the data they collect will be captured under the important data umbrella, which would subject them to stringent data localization requirements and restrictions on cross-border data flows. Notably, the finalized Data Security Law expanded cross-border data flow restrictions...

August 25th, 2021
By Melinda Xu, Wilson Hui, Wenjing Yuan

On July 26, China’s Ministry of Commerce unveiled the Special Measures for Cross-Border Services Trade at the Hainan Free Trade Port, Hainan’s first negative list for the cross border services industry. The measures, which go into effect on August 26, specify 70 areas where overseas service providers are restricted from conducting business across 11 sectors, including retail, transportation, finance, business services, and education. Foreign service providers are allowed to operate in areas...

August 25th, 2021
Alison Schonberg

Despite US-China tensions, COVID-19, and continued tariffs on both Chinese and US goods, US exports to China remain strong and have reached record levels so far this year. Through the first half of 2021, US goods exports to China increased nearly 44 percent compared to the previous year. The data for 2021 is compared with a low 2020 base, but when compared to years prior, 2021 exports still remain historically high. So far, US exports to China are 21, 11, and 37 percent higher in 2021 than...

August 20th, 2021
Hannah Feldshuh and Antonio Douglas

On August 20, China’s National People’s Congress passed the Personal Information Protection Law (PIPL), which will enter into force on November 1, 2021. Based on the European Union’s General Data Protection Regulation, PIPL establishes consent as the primary mechanism for collecting personal information and allows for the cross-border transfer of personal information to an overseas recipient so long as there is a contract that meets the standards of the Cyberspace Administration of China (...

August 18th, 2021

On August 16, 2021, the State Council released the Critical Information Infrastructure Security  Protection Regulations, which will go into effect September 1. The regulations finalize a previously issued draft from 2017, adding long-awaited provisions for determining what qualifies as critical information infrastructure (CII) in China. CII is a broad concept formalized in China’s 2016 Cybersecurity Law which requires more stringent cybersecurity rules for its operators. 

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