The US-China Business Council (USCBC) recently issued several important reports and recommendations to inform US and PRC government officials on critical issues that face US companies in China and to move the bilateral relationship forward.
China Market Intelligence
Foreign companies will not see significant market access openings as a result of China's draft of the revised Catalogue Guiding Foreign Investment in Industry, released for comment on April 1.
In meetings with senior PRC government officials last week, US-China Business Council (USCBC) President John Frisbie urged officials to delink government procurement from innovation preferences, further open market access for foreign investment, and implement more effective deterrents to intellectual property infringement.
As the PRC central government takes actions to address China's environmental problems, including by committing to reduce carbon dioxide emissions in industry, policymakers are preparing to implement environment taxes and other market-based conservation solutions.
The US-China Business Council (USCBC) recently met with Jiangsu Department of Science and Technology (S&T) officials to discuss the province's engagement with foreign companies and implementation of high- and new-technology enterprise (HNTE) policy.
The PRC National Development and Reform Commission (NDRC), Ministry of Commerce (MOFCOM), and other relevant departments last Friday published a revised draft of the Catalogue Guiding Foreign Investment in Industry for a 30-day comment period.
US and PRC officials convened for the US-China Investment Forum on March 29 in Beijing to address issues regarding investment environments, barriers, and other. The forum featured strong interagency participation on both sides, and participants noted a positive tone during the meetings.
Following the recent release of broad energy and environmental goals under China's 12th Five-Year Plan (FYP, 2011-15), key PRC agencies last week issued specific environmental targets for 2011 and beyond.
The US-China Business Council (USCBC) last week submitted recommendations for concrete steps that PRC government officials should take to improve intellectual property rights (IPR) protection in China--a top operating concern for USCBC member companies.