US and Chinese senior government officials announced movement on key business issues during this year’s plenary session of the Joint Commission on Commerce and Trade (JCCT), an annual high-level discussion on business, commercial, and trade topics held this year in Beijing.
China Market Intelligence
Accelerating the adoption of vehicle emission standards and promoting natural gas development were among key commitments agreed upon by US and Chinese representatives in a joint statement released at the end of Vice President Joseph Biden’s December visit to Beijing.
During his trip to Asia earlier this month, Vice President Joseph Biden held a full day of meetings in China, marked by detailed discussions with key Chinese government officials including President Xi Jinping, Vice President Li Yuanchao, and Premier Li Keqiang as well as a
China’s top year-end economic policymaking conference closed with an apparent statement of support for “steady” negotiations on a bilateral investment treaty with the United States. The conference also called for accelerating negotiations on free trade zones, without clarifying if this was a reference to external trade agreements or the pilot Shanghai Free Trade Zone.
The US-China Business Council (USCBC) advanced members’ concerns throughout 2013 by advocating directly with key Chinese government agencies, ensuring USCBC member issues were prioritized on the US government agenda for bilateral engagement, providing timely analysis of market and regulatory developments in China, and hosting informative events on a wide range of operational, political, and tra
China’s National Development and Reform Commission (NDRC) has renewed its pledge to step up antimonopoly and price-fixing efforts in a year that has already seen an unprecedented number of price-related investigations.
China’s leaders have emphasized accelerating and improving tax reform in the decision document they released following the third plenum of the 18th Chinese Communist Party (CCP) Congress.
Speaking at the 40th anniversary celebration of the US-China Business Council (USCBC), former secretary of state and national security adviser Dr. Henry Kissinger said that the United States and China “have a special obligation” when it comes to ensuring global peace and stability.
At a breakfast co-hosted by the US-China Business Council (USCBC) in Beijing, Vice President Joe Biden urged China to establish a level playing field for foreign and private businesses operating in China.