China Market Intelligence

November 10th, 2015
Yan Yu and Nick Marro

This issue marks the first of a regular series of US-China Business Council (USCBC) reports analyzing key discussions and decisions of China’s bimonthly National People’s Congress (NPC) Standing Committee Meetings, the most recent of which concluded on November 4. According to press reports, during this round of meetings central legislators approved decisions covering reforms in the pharmaceutical, agriculture, and other consumer-facing industries.

Reforms in pharmaceutical...
October 14th, 2015
Owen Haacke and Zoe Sophos

Following President Xi Jinping’s visit to the United States last month, the US and China announced a list of energy and environmental-related commitments aimed on cutting down on high-polluting, energy-intensive power and supporting the development of environmental technologies—presenting potential opportunities for companies in these sectors.

The official commitments reinforce the central government’s goal of promoting energy efficiency and environmental...

October 14th, 2015
Stephanie Henry

US and Chinese negotiators are gearing up for a busy quarter as they head into bilateral and multilateral trade and investment talks. This fall, US negotiators will participate in the US-China Joint Committee on Commerce and Trade (JCCT) negotiations—the primary forum used by both governments to raise industry-specific concerns and discuss cross-cutting issues—as well as prepare for the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting. This year’s JCCT ministerial...

September 16th, 2015
Yan Yu

Amidst growing concern nationwide about China’s air quality, in late August the Standing Committee of the National People’s Congress (NPC) passed the amended Air Pollution Prevention Law (APPL), incorporating critical changes after a third round of revisions. The new APPL is the first air quality-specific piece of legislation to be passed since the Environmental Protection Law (EPL) came into effect on January 1, 2015, and includes provisions to encourage energy efficiency, assign...

September 2nd, 2015
Ryan Ong

Explosions at a Tianjin chemical plant in August—resulting in at least 160 dead, 14 missing, and hundreds still hospitalizedd—have prompted a strong response from the Chinese government at the central and local levels, with calls for nationwide inspections of hazardous chemicals, arrests of the plant’s managers, and the sacking of Chinese safety officials. However, the incident has also prompted critical questions for both government and public on how such an incident could have...

July 8th, 2015
Zhang Lipei and Jake Laband

A lack of recent news about competition-related investigation cases should not be misinterpreted as a lull in enforcement activity related to China’s Antimonopoly Law (AML), a National Development and Reform Commission (NDRC) official stated at a recent USCBC-sponsored event. USCBC’s May 2015 update on competition enforcement had reported a pause by Chinese competition regulators on some controversial AML enforcement practices. Yet, speaking as a part of a dialogue with NDRC’s Bureau of...

May 27th, 2015
Owen Haacke

President Xi Jinping called for an “energy revolution” in June 2014 aimed at improving energy efficiency through the establishment of a “market-oriented energy pricing mechanism.” One year later, the central government has made notable improvements toward liberalizing energy and electricity prices—which many USCBC member companies see as an important factor in allowing the market to play a greater role in China’s economy and creating a more competitive business environment.

A number...

May 11th, 2015
Ryan Ong

Despite progress on competition concerns at the December 2014 Joint Commission on Commerce and Trade (JCCT) meeting, competition enforcement under the Antimonopoly Law (AML) remains a high-profile concern for many US companies in China. Data from the US-China Business Council’s (USCBC) 2014 member company survey indicated that 86 percent of firms surveyed were concerned on some level about competition enforcement activities in China. A new report released today  by USCBC highlights evolving...

March 18th, 2015
Matthew Margulies

China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) published the finalized 2015 update to the Catalogue Guiding Foreign Investment in Industry (CGFI) on March 13. The updated catalogue will be in effect starting April 10, 2015. Compared with the most recent version of the catalogue in 2011, the 2015 update takes steps to reduce the number of restricted investment categories from 79 to 38, but the US-China Business Council’s (USCBC) analysis...

February 18th, 2015
Owen Haacke

New openings for foreign investment and preferential taxes for goods sold through pilot e-commerce channels have raised questions about how companies can integrate e-commerce into their business plans in China. A recent announcement by China’s IT regulator allowing 100 percent ownership of e-commerce platforms in the Shanghai Free Trade Zone (FTZ) is a step toward further liberalizing online selling, but there remain a number of obstacles and areas of regulatory ambiguity for businesses...