The US-China Business Council (USCBC) assisted members this year on their top operating challenges in China, including those identified in USCBC's 2011 membership survey. USCBC coordinated with US government trade negotiators, directly engaged PRC officials, and fostered constructive dialogue between leaders of both countries and USCBC members on top issues.
Human resources and cost increasesThe...
The US-China Business Council's (USCBC) board of directors met last week for its semiannual meeting, which included discussions with US Secretary of Commerce John Bryson and Governors Jack Markell (D-DE) and Bob McDonnell (R-VA). The discussions covered the state of US-China commercial relations and how to increase engagement between governors and mayors of the United States and China. The directors also elected Stephen B. Dobbs of Fluor Corporation to...
US-China Business Council (USCBC) members continue to confront significant barriers in their attempts to understand, participate in, and comply with China's standards and conformity assessment regimes. To address US company concerns about China's standards and conformity assessment systems, USCBC recently released a new report that describes and analyzes these challenges and includes a list of recommendations for PRC authorities to improve transparency and...
The PRC government recently announced leadership changes in government ministries and provincial government departments. The government appointed new vice minister-level personnel at (but not limited to) the ministries of Agriculture, Commerce, and Culture. This round of personnel change is still ongoing and will likely continue through early 2013 as part of China's broader leadership transition. According to state media, many of the newly appointed...
Continued expansion of US companies into China has boosted recognition of the importance of government relations at all levels. Though many companies have dedicated corporate government affairs staff in China to focus on central government relations, companies must also find time to manage local government relations that are essential to ensure smooth daily business operations.
To supplement and update research on...
In preparation for this week's international negotiations on climate change taking place in Durban, South Africa, the PRC government recently released a series of energy-related announcements detailing past successes and future initiatives to combat climate change. With the PRC government likely to face pressure in Durban from developed countries to curb rising carbon dioxide emissions, the announcements appear to set the tone for PRC negotiations leading...
As the PRC government seeks ways to implement the goals of the 12th Five-Year Plan (FYP, 2011-15), the government recently released several follow-up FYPs that may have a significant impact on business operations in various sectors in China. Since September, PRC government agencies have released FYPs on trade in services, industrial technology innovation, and production safety.
Though it is still unclear whether...
In a recently published article on healthcare reform, PRC Vice Premier Li Keqiang articulated that the government would continue to ensure the provision of basic healthcare services, while simultaneously developing supplementary healthcare services using market competition. This is Li's first major public commentary on healthcare and can be seen as an outline of the PRC government's current views on the state of healthcare reform. Separately, the article...
US and PRC government officials today announced progress on commercial issues from this year's session of bilateral trade talks known as the Joint Commission on Commerce and Trade (JCCT). The talks concluded with deliverables addressing several top concerns to US companies such as intellectual property rights, indigenous innovation, and market access barriers in areas such as standards, new energy vehicles (NEVs), agriculture, pharmaceuticals, medical...
The PRC Ministry of Industry and Information Technology (MIIT) recently released a plan to guide the development of the steel industry for the next five years. The 12th Five-Year Plan (FYP, 2011-15) on Steel Industry describes achievements and challenges, forecasts domestic steel consumption, and sets future development targets (seeTable).
The FYP encourages foreign companies to participate in mergers and...
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