Foreign testing labs and certification providers may now apply for the right to offer services related to the China Compulsory Certification (CCC) mark, a safety mark for products sold or used in the Chinese market. Previously, foreign companies were allowed to provide services only for goods exported from China to other markets.
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China’s announcement at the 2013 Strategic & Economic Dialogue that it would use the US approach to bilateral investment treaty (BIT) negotiations—a negative list based on pre-establishment—has given positive new momentum to negotiations, in particular efforts to r
USCBC launched a new tool this week to evaluate China’s progress in implementing economic reforms that will impact member company operations. The overall assessment of the first USCBC scorecard: limited.
Rapidly increasing wages, high demand for qualified workers, and high turnover rates have made recruiting and retaining talent one of the top challenges multinational companies face in China year after year. But there’s another issue making employee recruitment and retention even more difficult: China’s air pollution.
As the US government prepares for upcoming negotiations at the Strategic and Economic Dialogue (S&ED) in early July, separate discussions under the Joint Commission and Commerce and Trade (JCCT) framework are well underway.
Panelists shared best practices for dealing with China’s antimonopoly investigations and discussed HR and environmental business challenges at the US-China Business Council’s (USCBC) annual membership meeting. The meeting—which took place on June 3—attracted more than 100 attendees from nearly 70 member companies, including Dell, Disney, and MeadWestvaco Corporation.
On May 28, the US-China Business Council (USCBC) hosted its annual China Operations Conference (CHOPS) in Beijing, featuring government and industry presentations on Sino-US commercial relations. US and Chinese government officials said that despite recent diplomatic tensions over cybersecurity, the economic relationship betwe
China’s economic ascent has turned the Ministry of Commerce’s (MOFCOM’s) Antimonopoly Bureau—China’s merger control authority—into an increasingly influential actor in global M&A.
Foreign firms doing business in China could see some streamlining of investment approvals based on finalized National Development and Reform Commission (NDRC) regulations.
A new set of State Council measures released earlier this month lays out high-level goals and principles that provide an encouraging framework for economic and financial reforms, though details about the role of foreign investment continue to be vague.
