China Market Intelligence

January 22nd, 2014
Owen Haacke

In a sign that China’s leaders are increasingly serious about economic reform, the Ministry of Commerce (MOFCOM) and the Ministry of Finance (MOF) released work plans for the next year that prioritize easing restrictions on foreign and private investment and accelerating fiscal reforms to restructure the country’s economy. Many of the priorities reflect reforms introduced during November’s third plenum. Others are more specific, dealing with issues from counterfeiting to e-commerce to tax...

January 8th, 2014
Stephanie Henry

The Obama administration yesterday formally nominated Senator Max Baucus, D-MT, to be the next US Ambassador to the People’s Republic of China. Once confirmed, Baucus will succeed Ambassador Gary Locke, who has served in the position since 2011.

Baucus has been actively engaged on trade issues during his three decades in the Senate, particularly in his role as chairman of the Senate Finance Committee. He has traveled to China eight times to discuss trade and commercial issues and has...

January 8th, 2014
Ryan Ong

As reported by USCBC just prior to the holidays, US and Chinese senior government officials concluded the 2013 plenary session of the US-China Joint Commission on Commerce and Trade (JCCT) on December 20 in Beijing with agreements on a range of intellectual property rights (IPR) concerns and modest progress on other commercial issues such as government procurement, standards and conformity assessment, and agriculture.

The US government released several fact sheets on JCCT deliverables...