China Market Intelligence

November 16th, 2011
Bryan Withall and Will Turner

Reducing investment ownership restrictions, protecting intellectual property rights (IPR), and leveling the playing field for US companies operating in China were the key messages that a delegation of US-China Business Council (USCBC) board directors delivered in meetings with PRC Premier Wen Jiabao and other senior PRC government officials on November 1 in Beijing. In other advocacy efforts, USCBC last Thursday co-hosted a CEO meeting with PRC President...

November 16th, 2011
Ryan Ong

In an apparent effort to build on the special campaign on intellectual property rights (IPR) completed earlier this year, the State Council announced on November 9 that it would establish a new "leading group," or multiagency task force, to coordinate interagency efforts to tackle IPR infringement and counterfeiting issues. The US-China Business Council (USCBC) had prioritized in its advocacy the permanent extension of the previous campaign under the...

November 16th, 2011
Kyle Sullivan

US companies in China are modifying their human resources (HR) strategies to address increasingly complex PRC labor policy requirements, according to a recent study conducted by the US-China Business Council (USCBC). A perennial issue for USCBC member companies, managing human resources in China was cited as the top operating challenge in USCBC's 2011 survey of its member companies released last month. In addition to contending with a fiercely competitive...

November 16th, 2011
Ryan Ong

The US-China Business Council (USCBC) recently released two new reports that track progress and continued restrictions in two high-profile advocacy areas: foreign investment and indigenous innovation. Both issues are expected to be priorities for discussions at the US-China Joint Commission on Commerce and Trade plenary, which is set to take place in Chengdu, Sichuan, on November 21.

USCBC releases list of investment ownership restrictions...
November 16th, 2011
John Lenhart

Small- and medium-sized enterprises (SMEs) have long been seen as central to promoting innovation in developed economies, and the PRC government now appears to be embracing this concept as well. Part of a broader push by the central government to promote innovation, eight government agencies jointly released an announcement last week to increase financial support for SMEs in technology-driven industries. This initiative is part of a larger push by the...

November 2nd, 2011
John Lenhart

Protecting intellectual property rights (IPR) continues to be one of the biggest challenges companies face in China. PRC government requirements for companies to license their patents for zero or low royalty rates--so-called "compulsory licensing"--have become a key strategic concern. The PRC State Intellectual Property Office (SIPO) recently released draft measures on compulsory licensing for patents; the draft measures show signs of subtle progress from...

November 2nd, 2011
Xiuxiu Zhao and Francesca Baruffi

The National People's Congress (NPC) 11th Standing Committee recently reviewed several proposed amendments to laws that could affect enterprises in the natural resources sector as well as companies concerned with human resources issues. During the NPC Standing Committee meetings, which took place October 24-29 in Beijing, the NPC assessed the impact of, and proposed changes to, the Law on the Promotion of Clean Production and the Labor Contract Law.

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November 2nd, 2011
Joie Ma

The US-China Business Council (USCBC) recently conducted more than 20 interviews with representatives at member companies on their interactions with Chinese state-owned enterprises. This is the third story in a series of three on those interviews. Read the first and second stories on the USCBC website.

Most US companies operating in China compete with state-owned enterprises (SOEs), and depending on the industry,...

November 2nd, 2011
USCBC staff

The PRC government recently announced leadership changes in key financial services agencies, including the China Banking Regulatory Commission (CBRC), the China Securities Regulatory Commission (CSRC), and the China Insurance Regulatory Commission (CIRC).

 

Official New position Former position Source: Xinhua News Agency Liu Mingkang Retired Chair, China Banking Regulatory Commission Shang Fulin Chair, China Banking Regulatory Commission Chair,...
November 2nd, 2011
Kyle Sullivan

PRC leaders recently shed light on how China intends to incorporate foreign investment into its goals for developing strategic emerging industries. A mix of seven high-tech sectors, the strategic emerging industries (SEIs) will account for roughly 8 percent of China's total gross domestic product by 2015 and 15 percent by 2020, according to government targets. Until recently, PRC regulators had been largely silent about the role foreign investment would...

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