China Market Intelligence

December 12th, 2018
By Ricky Altieri

China will implement an intellectual property court of appeals on January 1.

Decisions appealed to IP courts are currently heard by courts who do not specialize in IP.

The move is expected to provide better judgments and increase efficiency in IP cases.

China’s new Intellectual Property (IP) Court will bring much needed subject matter expertise to adjudicate technical IP cases between foreign and domestic companies when it...

November 28th, 2018
By Lipei Zhang and Angela Deng

Allianz, a German insurance company, received the approval from CBIRC to set up a wholly foreign-owned holding company. While the holding company will help Allianz consolidate its insurance businesses in China, no details have been mentioned about how the holding company will adjust Allianz’s equity shares in its joint ventures.

If Allianz seeks to increase its life insurance JV ownership stake and receives approval, it may be an indication that China is...

November 28th, 2018
By Ricky Altieri

Three Chinese regulators announced upcoming or recent cyber security inspections.

The inspections that have already taken place targeted domestic companies.

The announcements are a step forward in China’s implementation of its cybersecurity regime, but provided no detailed timeline for full-scale inspections of foreign companies covered by the law.

Three Chinese regulators recently announced upcoming or recent cyber...

November 7th, 2018
By Anna Ashton

The US-China Business Council (USCBC) and several other trade associations submitted joint comments on provisions regarding personal information and data privacy protection in China’s Draft Civil Code, which is being revised by the National People’s Congress.

Although the draft language appears intended to implement explicit protections for personal privacy and individual rights, some provisions could do the opposite and impede companies’ ability to deliver the...

October 24th, 2018
By Chynna Hawes

USCBC’s 2018 Member Survey found that China’s intellectual property rights (IPR) protection environment remains generally unchanged from previous years, but slowly improving.

There are clear incentives for China to improve IPR protection. High-level commitments and incremental reforms are welcome, but more work and concrete actions to improve enforcement are necessary to create a thriving system.

China’s protection of intellectual property...

October 10th, 2018
By Ian Hutchinson

The Belt and Road Initiative (BRI) may face mild competition from US and EU alternatives.

While some have characterized BRI as “debt trap diplomacy,” China appears to be willing to restructure debts or change its strategies to address concerns.

Over the past five years, President Xi Jinping’s landmark Belt and Road Initiative (BRI), which offers significant financing for infrastructure projects from China’s backyard to as far away as Europe...

September 20th, 2018
By Jack Kamensky and Owen Haacke

The increase of environmental enforcement actions following the implementation of China’s Environmental Protection Law in January 2015 has had a mixture of positive and negative effects on the business operations of US-China Business Council (USCBC) member companies. Temporary shutdowns and supply chain disruptions have negatively affected company operations, leading many to consider how to proactively mitigate the effects. At the same time, fairer enforcement has helped level the...

September 20th, 2018
By Chynna Hawes

On September 7, the 13th National People’s Congress Standing Committee (NPCSC), China’s constitutional authority, released its five-year legislative plan, outlining and prioritizing major legislative tasks into three classes that, in principle, are listed in descending priority; however, items are not passed or deliberated in sequence.

The 13th NPCSC's legislative plan includes 69 “Class I” projects to be completed by March 2023. However, many Class I projects...

September 20th, 2018
By Chynna Hawes

China’s regulators recently released the first drug traceability proposal since China suspended its previous system in 2016 because of a number of challenges, including complaints of unfair competition and that the government-issued serial number was not compliant with GS1 global standards for pharmaceutical traceability. The goal of the new proposal is to establish a system to trace drugs through the supply chain, prevent counterfeit and substandard drugs from entering the supply...

September 20th, 2018
By Jake Parker

As summer draws to a close, I would like to highlight a few trends USCBC’s China offices are observing based on their conversations with our membership, Chinese media, government sources, and other key influencers.

Tariff Impact

Tariffs were the most common discussion topic with foreign company executives in China over the summer.  While the majority of USCBC members invested in China are manufacturing here to access the local market, some...

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