China Market Intelligence

May 8th, 2019
By USCBC Staff
President Xi recently pledged improvements to market access, IP protection, competitive markets, and monetary policy among other issues. Xi’s speech comes shortly after the Chinese government published official responses to concerns about the Belt and Road Initiative (BRI). Still, insufficient transparency surrounding opportunities for foreign companies to participate in projects continues to cloud companies’ strategic planning around BRI.

President Xi’s remarks at the Belt and...

May 8th, 2019
By Chynna Hawes
China recently made a series of regulatory changes that took immediate effect and address US technology transfer concerns, including revisions to the Technology Import and Export Regulations and equity JV implementing regulations. While welcome, these changes may have minimal operational impact on foreign companies’ ability to negotiate fairly and maintain control of their intellectual property rights in practice. Ongoing WTO consultations launched by the EU and joined by the United States...
May 8th, 2019
By USCBC staff

Little progress has been made in the last month to improve processing times in Shanghai for US business visa applications. According to updated data provided by the US State Department, wait times in Shanghai have extended to two and a half months, though shorter times continue to be reported for other locations in China.

Location

Appointment wait time

Beijing

21 days

...

May 8th, 2019
By USCBC Staff

A Federal Register notice that has been released confirms the United States will follow through on threats to raise tariffs this week. Duties on $200 billion of Chinese goods will increase from 10 percent to 25 percent, effective Friday, May 10. The unpublished version is available here; it is scheduled to be officially published tomorrow. While it has not released an official announcement of its own, China is expected to increase its retaliatory tariffs on US exports as soon as the US...

May 7th, 2019
By USCBC Staff

China’s Ministry of Commerce confirmed on Tuesday that Vice Premier Liu He will still lead a Chinese delegation to Washington, DC, for negotiations this Thursday and Friday, despite impending tariff increases on $200 billion of Chinese goods. USCBC sources said on Tuesday that Liu’s delegation may be smaller than the 100 members that were originally expected.

On Monday afternoon, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke to media about the...

April 24th, 2019
By Ricky Altieri
China has rolled out a series of pilot programs employing blockchain to increase transparency and cut costs. However, China has placed restrictions on trading non-state-backed cryptocurrencies and imposing new requirements on companies that use the technology. Blockchain’s rollout may present opportunities to work with the Chinese government in the financial and tech sectors.

To increase transparency and lower costs in a range of functions, Chinese government ministries have recently found...

April 24th, 2019
By Chynna Hawes
China’s IP regulator has boosted efforts to provide a more immediate solution to malicious trademark application while more comprehensive revisions to the Trademark Law are underway. Long awaited draft amendments to the Trademark Law were adopted at this week’s NPC Standing Committee meeting. A new reporting mechanism could enable brand owners to better protect their marks, and the national credit system appears to be gaining ground as a tool for deterring IP infringement.

In one of the...

April 24th, 2019
By Angela Deng
The US Department of Commerce recently added 37 Chinese entities to its Unverified List (UVL), a list of entities whose end-use credentials could not be verified by US authorities. These additions, and the complex compliance procedures involved with the UVL, will impose new compliance burdens on US companies involved in export transactions with the listed entities. The additions were the result of delays by the Chinese government in responding to US government requests for access to the...
April 24th, 2019
By USCBC Staff
The National People’s Congress Standing Committee (NPCSC) this week approved amendments to eight laws, including the Trademark Law, the Anti-Unfair Competition Law (AUCL), and Administrative Law. Trademark Law changes focus on punishing bad faith trademark applications, but do not introduce criminal penalties, and will come into effect November 1, 2019. AUCL and Administrative Law amendments add protections for trade secrets, but fall short of comprehensive reform, and immediately went into...
April 24th, 2019
By Melinda Xu and Sun Yi
Leadership changes were made at the Securities Regulatory Commission, Ministry of Commerce, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Finance, and other departments. Shanghai and Guangdong provinces have promoted several new deputies, vice-governors and vice-mayors. Promotion of the "Post-70," or government officials born after 1970, is accelerating, and more state-owned enterprise executives took to political posts.

Each year...

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