China Market Intelligence

October 21st, 2009

The PRC government recently issued two announcements to further develop its national standards system: the initial section of the long-awaited catalogue of electronic and information products under China's pollution control regime and a draft list of national standards to be created or modified over the next three years. Both notices are currently available for public comment.

October 21st, 2009

A new circular details retail price guidelines for nearly 300 pharmaceutical and traditional Chinese medicine (TCM) products covered under China's new national essential drug system and moves China one step closer to a complete national essential drug system--one of the five main pillars of t

October 7th, 2009

The US-China Business Council's (USCBC) 2009 survey of its members reveals that companies remain optimistic about China despite the global downturn. Each year, USCBC surveys its members on their views of their priorities when doing business with China.

September 30th, 2009

Recent declines in foreign direct investment (FDI) into China have prompted the PRC Ministry of Commerce (MOFCOM) and other PRC agencies to announce new efforts that encourage private investment, especially in small and medium-sized enterprises (SMEs), and loosen some restrictions on foreign investment.

September 30th, 2009

The US and PRC governments have recently stepped up preparations for the upcoming Joint Commission on Commerce and Trade (JCCT) meetings.

September 30th, 2009

US-China Business Council (USCBC) President John Frisbie visited China during the week of September 21 and met with senior PRC officials in Beijing and Shanghai to raise several advocacy points on behalf of USCBC member companies.

September 30th, 2009

US-China Business Council (USCBC) President John Frisbie on October 2 will provide the lead testimony at the US Trade Policy Staff Committee's hearing onChina's compliance with its World Trade Organization (WTO) commitments.

September 16th, 2009

In the first official trip to the United States by China's top legislator in 20 years, National People's Congress (NPC) Standing Committee Chair Wu Bangguo and more than 100 delegates visited Phoenix, Arizona; Washington, DC; and Anchorage, Alaska, last week for meetings with US government officials and business representatives.

September 16th, 2009

US-China Business Council (USCBC) sources report that local-level tax bureaus in some cities have launched investigations of foreign-invested enterprises (FIEs) for possible tax evasion in how they handle expenses related to expatriate staff. These local tax bureaus, which are increasingly strapped for cash, may pressure FIEs to pay business tax on expatriate-related expenditures.

September 16th, 2009

The recently revised version of a PRC import catalogue may offer new investment opportunities for foreign companies.

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