US companies with an “in China, for China” strategy regularly work to improve responsiveness to consumer demands in an effort to remain competitive. The pace of change is faster in China than other global markets, and constant adaptation of strategy and products can be necessary.
China Market Intelligence
The US-China Business Council (USCBC) will recommend solutions to foreign investment, intellectual property, and administrative licensing issues in China in a yearly submission to US government trade talk representatives this week.
US exports to China experienced a surge at the end of 2013, capping off a year of steady bilateral trade growth and continuing economic recovery. US exports to China grew by 24 percent year-on-year in the fourth quarter of 2013, led by oilseeds and grains, according to data from the US International Trade Commission.
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.