The US-China Business Council (USCBC) today released a breakdown of US individual state exports to China during the 2000-06 period that shows the remarkable growth of China as an export market for US goods.
China Market Intelligence
US Department of Transportation (DOT) Secretary Mary E. Peters recently visited Shanghai and Beijing to advocate for the liberalization of China's transportation sector, particularly the aviation market.
After completing the first reading of China's draft Employment Promotion Law during the full session of the National People's Congress (NPC) in March, the NPC released the draft law and is soliciting comments until April 25. The draft law contains several provisions that companies should note.
The PRC National Development and Reform Commission (NDRC) released its 11th Five-Year Plan (FYP, 2006-10) on Energy Development last week. The plan focuses on energy production and consumption efficiency, energy supply diversification, energy security, and environmental protection.
As reported in the April 4 CMI, the PRC State Council recently issued an opinion on developing China's services sector, which proposed forming a task force--or "leading group" in PRC government terminology--to manage services sector development.
The PRC Supreme People's Court and the Supreme People's Procuratorate jointly issued a new judicial interpretation of China's IPR laws, which took effect on April 5. The new interpretation replaces parts of the December 2004 IPR judicial interpretation.
The United States on Tuesday launched two WTO challenges of PRC laws that USTR officials say allow for widespread infringement of IPR.