On July 31, US-China Business Council (USCBC) President Craig Allen testified before the US-China Economic Security Review Commission (USCC) on US companies’ access, risks, and opportunities in China’s health market.
China Market Intelligence
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.
Changes stemming from the implementation of China’s Food Safety Law threaten to block imports of a wide range of food products from countries unable to provide the necessary certificates.
Increasing insurance coverage, improving service in state-owned hospitals, and controlling healthcare prices were key priorities outlined in a document recently released by the State Council’s Healthcare Reform Leading Group.