China Market Intelligence

December 2nd, 2009

The US-China Business Council's (USCBC) Shanghai office held its annual fall program on November 26. At the event, entitled "China 2010 Business Climate Projections," industry and government speakers shared their insights on development trends that affect Shanghai's business community, including the future of China's economy, labor market, regulatory landscape, and Foreign Corrupt Practices Act (FCPA) compliance.

A look at China's economic recovery...
December 2nd, 2009

The US-China Business Council (USCBC) and several of its member companies met with senior officials from the PRC State Administration of Industry and Commerce (SAIC) to discuss market access, transparency, trademarks, and other issues at the foreign-invested enterprise representative symposium on November 25.

SAIC Vice Chair Liu Yuting convened the meeting to enable a direct discussion on matters under SAIC's...

December 2nd, 2009

China has formalized its commitment to slow the growth of its carbon emissions just two weeks before the United Nations Climate Change Conference convenes in Copenhagen, Denmark. On November 26, the PRC State Council announced that China will reduce its carbon intensity per unit of gross domestic product (GDP) to 40-45 percent of 2005 levels by the year 2020. It also confirmed that PRC Premier Wen Jiabao will attend the upcoming climate change summit. The...

December 2nd, 2009

China's healthcare reforms, coupled with stimulus spending, have prompted many provinces and municipalities to boost their spending on healthcare and related infrastructure. The US-China Business Council (USCBC) recently collected information on spending plans in various provinces to provide a clearer picture of how central and local governments are funding local healthcare reform initiatives. The table below shows total estimated healthcare spending in 15...

November 18th, 2009

Plans for Shanghai to become a center for energy efficiency gained momentum this month, as the municipal government approved policies to encourage the development of sectors that produce and consume new energy resources. In tandem with PRC national industrial policy, Shanghai is focusing on innovation, high and new technology, and environmental sustainability to restructure its industrial base. Given the ambitious production targets set forth in the...

November 18th, 2009

US President Barack Obama made his inaugural visit to China this week, spending two full days in Beijing and Shanghai during a nine-day tour of Asia. As expected, the trip resulted in few concrete agreements or breakthroughs on major issues, but it sent a clear message of Obama's commitment to strengthen ties and continue cooperation with China on a number of global and regional issues.

Obama arrived in China after spending two days in Tokyo, Japan, and participating in the Asia-...

November 18th, 2009

A delegation of the US-China Business Council's (USCBC) board of directors visited Beijing for meetings with the PRC government on November 4-5. USCBC Chair Andrew Liveris of the Dow Chemical Co. led the delegation, which included 10 other board directors and USCBC President John Frisbie. The timing of the meetings--between the conclusion of the October Joint Commission on Commerce and Trade (JCCT) in Hangzhou, Zhejiang, and US President Barack Obama's...

November 18th, 2009

The PRC government recently drafted its first set of regulations designed to tackle the intersection between intellectual property rights (IPR) and national standards, an important area of concern for many patent holders. The Standardization Administration of China (SAC), China's main government regulator of standards issues and the agency charged with overseeing the work of PRC technical committees for standards, released on November 3 draft...

November 18th, 2009

The PRC Ministry of Commerce (MOFCOM) conditionally approved Panasonic Corp.'s purchase of Sanyo Electric Co., Ltd. on October 30 after several months of antitrust investigations. This is MOFCOM's fifth conditional approval since the PRC Antimonopoly Law (AML) took effect August 1, 2008 and the first to require companies to divest operations outside of China. The case highlights China's increasing influence in the global regulation of mergers and acquisitions (M&A) and adds credence to...

November 18th, 2009

Over the past few months, the United States and China have employed an increasing number of trade remedies to protect domestic industries during the recession, stirring fears of emerging protectionism in both countries. Media reports in both countries speculate that China's recent antidumping (AD) and countervailing duty (CVD) cases against US industries are retaliations for the 421 safeguard on Chinese tires imposed by US President Barack Obama in...

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