China’s 12th Five-Year Plan ends along with 2015, and it is important to reflect on what was and was not accomplished as China maps out the next five years.
China Market Intelligence
US officials seeking resolution of a high-profile, ongoing accounting dispute hit a roadblock in negotiations in October, but it is unclear how the setback will impact their future negotiating strategy.
In a largely symbolic decision, the International Monetary Fund (IMF) last week announced it will add the yuan to its Special Drawing Rights (SDR) basket of currencies on October 1, 2016.
American companies are seeing small benefits from China’s national administrative licensing reform agenda, but a number of obstacles continue to challenge companies in licensing and government approvals.
At the first meeting of a new, high-level dialogue on cybercrime, the United States and China agreed on guidelines for requesting assistance on malicious cyber activ
China has announced further details about plans to gradually decrease government control over investment decisions.
This issue marks the first of a regular series of US-China Business Council (USCBC) reports analyzing key discussions and decisions of China’s bimonthly National People’s Congress (NPC) Standing Committee Meetings, the most recent of which concluded on November 4.
Government-mandated price controls, once a hallmark of China’s socialist economy, may soon be abolished for all but a small number of products and services.
For many global companies, having a China base means more than just paving the way for greater access to the China market. Over 2,000 regional headquarters (RHQs), research centers, and other agencies have been established in China by multinational corporations (MNCs).
Despite new obstacles, growth in China remains robust, and US companies are dedicated to the China market—that was a clear message from the US-China Business Council (USCBC) 2015 China Operations Conference, held in Shanghai on October 22.