A key figure in the enforcement of China’s Antimonopoly Law (AML) insisted that Chinese regulatory procedures and AML enforcement are “in line with international standards” during a discussion with the US-China Business Council (USCBC) in Beijing last week.
China Market Intelligence
After several years of implementing policies to promote China’s strategic emerging industries (SEI), local and central government officials seem to be cooling in their enthusiasm for government-supported SEI development. So far, government policies have not resulted in a “blossoming” of SEIs or the structural changes to local industry that regional governments had expected.
As part of a trade promotion event in Shanghai, Hunan’s governor and party secretary met with US-China Business Council (USCBC) members on June 17 to discuss strategic investment opportunities in their province.
Judicial pilot programs announced last week could reduce local protectionism in Chinese courtrooms and—over time—improve the quality of judges ruling on commercial cases, analysts say.
Foreign testing labs and certification providers may now apply for the right to offer services related to the China Compulsory Certification (CCC) mark, a safety mark for products sold or used in the Chinese market. Previously, foreign companies were allowed to provide services only for goods exported from China to other markets.
China’s announcement at the 2013 Strategic & Economic Dialogue that it would use the US approach to bilateral investment treaty (BIT) negotiations—a negative list based on pre-establishment—has given positive new momentum to negotiations, in particular efforts to r
USCBC launched a new tool this week to evaluate China’s progress in implementing economic reforms that will impact member company operations. The overall assessment of the first USCBC scorecard: limited.
Rapidly increasing wages, high demand for qualified workers, and high turnover rates have made recruiting and retaining talent one of the top challenges multinational companies face in China year after year. But there’s another issue making employee recruitment and retention even more difficult: China’s air pollution.
As the US government prepares for upcoming negotiations at the Strategic and Economic Dialogue (S&ED) in early July, separate discussions under the Joint Commission and Commerce and Trade (JCCT) framework are well underway.
Panelists shared best practices for dealing with China’s antimonopoly investigations and discussed HR and environmental business challenges at the US-China Business Council’s (USCBC) annual membership meeting. The meeting—which took place on June 3—attracted more than 100 attendees from nearly 70 member companies, including Dell, Disney, and MeadWestvaco Corporation.