China Market Intelligence

December 20th, 2013

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. Expectations for this year’s JCCT were mixed, given that the meeting took place just one month after the third plenum of the 18th Chinese Communist Party with new lead negotiators for both the United States and China. The...

December 19th, 2013
Ryan Ong

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 US-China Business Council (USCBC) co-hosted event with the business community. While the broad outcomes of those discussions have been reported—including the White House release of both the joint fact sheet and the US...

December 19th, 2013
Owen Haacke

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.

The Joint Fact Sheet on Strengthening US-China Economic Relations reaffirms numerous energy and climate change commitments agreed upon in multiple meetings between the two sides, including President Barack Obama’s June...

December 11th, 2013
Sue Hao and John Lenhart

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. Between 2008—when the Antimonopoly Law (AML) was passed—and 2012, the NDRC conducted just over 20 price related investigations. In 2013 alone, the agency has investigated more than 80 companies, mainly concentrated in the pharmaceutical, infant formula, and Chinese liquor...

November 27th, 2013

Despite complications created by last month’s US government shutdown, US and Chinese officials have concluded most remaining working group meetings in advance of pending US-China Joint Commission on Commerce and Trade (JCCT) talks. Though the JCCT schedule has not been publicly announced, US-China Business Council (USCBC) sources indicate the meeting will be held in China during the week of December 16. To discuss and plan deliverables for the December plenary, key negotiators from the US...

November 13th, 2013
By Jake Parker

Over the course of the past year more than 21 Chinese government agencies and ministries have released or have said they will soon release new innovation-driven development policies. To date, these agencies include China’s State Council, the Ministry of Science and Technology (MOST), and the Chinese Communist Party Central Committee. The new policies all seem to have a renewed focus on the promotion of “indigenous innovation” as a force for economic development. Since this could indicate...

November 11th, 2013
By Joseph Luk

China’s National Energy Administration (NEA) has recently been soliciting comments on draft measures that would open up oil and gas pipeline networks to third-party usage, according to Chinese news sources. Currently, energy companies operating in China must use their own pipelines to deliver oil and gas to consumers. The NEA measures would nix that restriction, and allow the use of pipeline networks by third parties after January 1, 2014.

Opening up the pipeline networks would...

October 30th, 2013
By Stephanie Henry

At the end of September, China requested formally to join negotiations for the Trade in Services Agreement (TISA), an effort that aims to remove barriers to services trade among negotiating parties. If China becomes party to TISA, its entry will add complexity to the talks and dramatically expand the value of overall negotiations. China has repeatedly made clear that it wants to pursue “proactive strategies” to strengthen its services sector, in an effort to rebalance its economy and become...

October 30th, 2013
By Owen Haacke

Expanding the size, efficiency, and diversity of China’s healthcare sector to meet growing consumer demand are key aims of guidelines released by China’s State Council on October 14. The guidelines introduce policies that it says will lower healthcare costs, expand health insurance coverage, and increase industry competitiveness. In doing so, the guidelines call for increased government investment and participation of the private sector to help foster a RMB 8 trillion (USD $1.3 trillion)...

October 24th, 2013
By Joseph Luk

Recent severe smog incidents in northeast China have cast the country’s environmental problems back into the spotlight. In Harbin, air pollution was so thick—surpassing World Health Organization standards by more than 40 times—that the municipal government closed roads, shuttered airports and suspended classes in more than 2,000 schools on October 22. In the same week, Beijing’s city government issued emergency response measures, banning 80 percent of buses and 30 percent of government...