The US-China Business Council (USCBC) conducts an annual survey of its member companies on the opportunities and challenges they face in China's business environment. The results of the survey help prioritize the top issues for USCBC's reporting, advisory, and advocacy work in the United States and China on behalf of its membership.
China Market Intelligence
US-China trade declined sharply in the first quarter of 2009, as the global economy continued to struggle. Most US exports to and imports from China dropped, with no major exports to China seeing year-on-year growth. Despite this trend, however, US trade with China fared better than US trade with the rest of the world.
The Obama administration met with business associations in Washington, DC, on May 15 to provide an update on the status of plans for the US-China Strategic and Economic Dialogue (S&ED) and the next round of the Joint Commission on Commerce and Trade (JCCT).
The PRC Ministry of Commerce (MOFCOM) in March issued new policies that expanded the foreign investment approval authority of local commerce departments. In a similar vein, MOFCOM recently released measures that delegate administrative authority over certain types of foreign-invested services companies to local departments.
US-China Business Council (USCBC) Vice President of China Operations Bob Poole and a delegation of 15 USCBC member-company representatives joined PRC government officials and business leaders for the fourth annual Central China Expo held April 26-28 in Hefei, Anhui.
The State Administration for Industry and Commerce (SAIC) recently issued for comment two draft regulations based on China's landmark Antimonopoly Law (AML): the Regulations on Prohibition of Monopoly Agreements and the
China last week announced it would delay the implementation and scale back the scope of testing and certification requirements for information security products for sale within China.
PRC regulators overseeing intellectual property rights (IPR) issues have been active on IPR issues in recent weeks, releasing China's annual IPR work plan and new regulations governing the well-known trademark process.