To address concerns created by China's standards and conformity assessment systems, USCBC and its member companies have compiled a list of recommended changes that PRC authorities could make to their standards and conformity assessment systems to improve transparency and market access.
China Market Intelligence
The PRC State Council on April 10 issued an Opinion on Strengthening the Management of Government Procurement.
Changes to the PRC General Administration of Customs' classification system for imported products with encryption technology on January 1, 2009 may make it more difficult for foreign companies that import into or sell to China. The changes appear to subject a wider array of imported technology to rules that date back to 1999.
US-China Business Council (USCBC) member companies--and their Chinese customers and partners--have repeatedly encountered difficulties in the US non-immigrant visa process. Delays have increased recently because the agencies conducting security reviews are understaffed.
Signs of a turnaround in China's economy continue to mount following the release of PRC economic data for the first quarter of 2009. Much of this growth is the result of government policies to promote consumption, industry support plans, and fiscal stimulus spending.
The State Council in early March released long-awaited rules governing the recycling and disposal of waste electric and electronic equipment (WEEE).
US-China Business Council (USCBC) President John Frisbie visited Beijing and Shanghai from March 21-27, meeting with executives from more than 50 member companies to learn about their business concerns and share perspectives on political developments in Washington, DC.
The PRC State Council on March 25 approved in principle opinions that aim to establish Shanghai as an international financial center by 2020.
Amid concerns of an overheating economy in mid-2008, China's State Administration of Foreign Exchange (SAFE) released a flurry of circulars and regulations in late 2008 and early 2009 designed to tighten inspections and control of foreign exchange (forex).
Interest in fostering public-private partnerships between the United States and China in the area of energy and environmental technologies has grown recently, as reported in a previous CMI.