China Market Intelligence

February 23rd, 2011
William Turner

US exports to China had another strong year in 2010, underscoring China's rising importance for American businesses and workers. US exports to China reached $92 billion in 2010, up 32 percent over 2009 and 468 percent since 2000. Including US exports to Hong Kong, the 2010 total export value reached $118 billion. China remains the third-largest destination for US exports, behind Canada and Mexico.

US imports from...

February 23rd, 2011
Matt Van Osdol, Julia Zhao, and Erin Ennis

Several high-level bilateral exchanges in the past few months have made progress on indigenous innovation and government procurement. Delinking the two issues to ensure equal access for foreign companies in China's government procurement market has been a top advocacy priority for the US-China Business Council (USCBC). The PRC government has yet to formally announce how it will implement the commitment, made during PRC President Hu Jintao's January visit,...

February 23rd, 2011
Yuqing Wu

PRC government agencies continue to release work plans that outline priorities and policy goals for the next year and that may affect foreign companies' business strategies in China. In addition to the work plan summaries previously reported in CMI, the US-China Business Council (USCBC) has summarized more 2011 agency priorities--including commercial and environmental agency work plans--and will continue to report on agency priorities as they become...

February 23rd, 2011
Ryan Ong and Julie Walton

As the PRC government's six-month campaign to protect intellectual property rights (IPR) draws to a close, companies and governments are working to ensure that progress on IPR issues continues in the long term. The US-China Business Council (USCBC) is reaching out to member companies to understand the campaign's effect on their operations and providing information and advocacy to ensure that the US and PRC governments are aware of company concerns.

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February 23rd, 2011
Ryan Ong

In one of the first concrete manifestations of China's plans to develop specific emerging industries and sectors, the PRC State Council on January 28 issued new policies to promote the development of the software and integrated circuit (IC) industries. The measures explicitly refer to software and IC as "strategic emerging industries"--an important reference to an October 2010 State Council notice. Though the new policies directly affect the software and...

February 14th, 2011
Christine Kahler

The PRC Ministry of Commerce (MOFCOM) on February 3 released widely anticipated regulations to institute security reviews for foreign mergers and acquisitions (M&A) that relate to China's national security. The notice, which formally implements Article 31 of the PRC Antimonopoly Law (AML), provides specific procedures, additional regulatory hurdles, and possible barriers to approvals for foreign investors and raises concerns about the ability of...

February 9th, 2011
Julia Zhao

As China released data showing that the country's trade and investment numbers rebounded significantly in 2010, PRC Minister of Commerce Chen Deming stated in two major overseas speeches that China will increase imports and boost outbound investment in the coming years. Though PRC officials have previously stated both goals, Chen offered more detail.

From Chicago to Davos
Last month, Chen accompanied PRC President Hu Jintao during a state visit to Washington, DC, and Chicago,...

February 9th, 2011
Julia Zhao

As China released data showing that the country's trade and investment numbers rebounded significantly in 2010, PRC Minister of Commerce Chen Deming stated in two major overseas speeches that China will increase imports and boost outbound investment in the coming years. Though PRC officials have previously stated both goals, Chen offered more detail.

From Chicago to Davos

Last month, Chen...

February 9th, 2011
Christine Kahler

Several PRC government agencies recently released their priorities for 2011, including general goals and policy guidelines. Though priorities are broad and vary in the amount of detail they provide, the work plans give companies a better sense of China's industry- and agency-specific goals and allow better targeting for issue and advocacy priorities. The US-China Business Council (USCBC) will provide summaries of the priorities laid out in agency work...

February 9th, 2011
Christina Nelson

Americans continue to have mixed views of China as a strategic partner and believe China's global influence will increase in the next 10 years, according to a 2010 Shanghai Jiao Tong University (SJTU) survey. The survey of 810 Americans also found that nearly two-thirds of Americans believe the Obama administration is not tough enough in business and economic negotiations with China.

A separate survey, jointly...