China Market Intelligence

December 20th, 2017
By USCBC Staff

China’s top leadership closed its annual economic planning meeting with a number of signals as to how the China business environment may evolve in the next twelve months, but maintained the general call to expand market access for foreign companies while also strengthening the state sector.

Xinhua, China’s official state news agency, released a statement today on the outcomes of China’s Central Economic Work Conference (CEWC), which was convened this week by the Central...

December 13th, 2017
By Anna Ashton

Import tariff reductions that went into effect in China earlier this month on a wide range of goods will have a positive effect on sales for several US-China Business Council (USCBC) member companies. China’s Ministry of Finance implemented tariff reductions for 187 consumer products, effective December 1. Products for which import tariffs have been cut include infant formula and diapers, a wide range of medicines, certain alcoholic beverages and food, and some cosmetics and...

December 13th, 2017
By He Jiao

Following its November 8 inaugural meeting, China’s newly-established Financial Stability and Development Committee (FSDC) released details of its role in a range of issues related to financial affairs The committee could help coordinate China’s multiple financial regulators and reduce interagency conflicts, but skepticism remains about FSDC’s ability to mend the fragmented supervisory structure of China’s financial system.

President Xi Jinping ordered the...

December 13th, 2017
By Meg Kelly

The complicated US-China relationship is a reflection of the successes of both nations, rather than failures, according to former National Security Advisor General Brent Scowcroft, who was honored at the US-China Business Council’s 2017 Gala on December 6.

Scowcroft is one of the country's leading foreign policy experts and the only individual in US history appointed as National Security Advisor under two different presidents, Gerald Ford and George H.W. Bush. In...

December 13th, 2017
By Owen Haacke

Despite indications that US companies expect growth in revenue and profitability next year in China, concern about possible trade actions was evident  in polling USCBC members who attended the Shanghai China Operations Conference on November 30. USCBC used interactive live polling provided by Wolfpack Response Ltd. during the conference, which allowed the audience to provide real-time feedback during panel sessions led by experts.Seventy six percent of the audience expects trade tensions to...

December 13th, 2017
By Ricky Altieri

Since its inception in late 2015, the Beijing Intellectual Property Court’s (BIPC) pilot program to build an IP case system in China has produced meaningful reform, but more can be done to protect businesses from IP infringement and deliver swift punishment to offending parties. An addition to China’s broader Case Guiding System, the BIPC’s case system has created and continues to update a database of “guiding cases” that parties or judges may reference in court. The program is...

November 29th, 2017
By Jake Parker

President Donald Trump called for China to unilaterally balance the US-China economic relationship during his state visit to Beijing earlier this month, but senior Chinese government officials, in meetings with the US-China Business Council (USCBC) after the visit, are uncertain about what actions China can take that would address Trump administration concerns, as well as who in the administration they should deal with on trade matters.

Officials confirmed that...

November 29th, 2017
By Sun Yi and Melinda Xu

While media attention focused on the most senior political leadership changes at the conclusion of China’s Communist Party Congress, a number of notable government and party position changes at the central and provincial levels have also occurred. While more appointments are likely before the March meeting of China’s legislature, the US-China Business Council (USCBC) has assembled a list of transitions over the past quarter.

Central government leadership changes...

November 29th, 2017
By Owen Haacke

In a renewed push by China after the 19th Party Congress, officials are calling on foreign companies to support the creation of party organizations among their employees. This move to politically organize the workforce has created concern among some foreign companies about the party groups’ potential influence on corporate decisionmaking and resource requirements to support such groups. If previous company experiences with these organizations is an indication, however, these groups...

November 29th, 2017
By Owen Haacke

Mandatory across the board production capacity cuts that went into effect November 15 are causing companies to cut production capacity to ensure adherence to the new rules. Central regulators are requiring local authorities in Beijing, Tianjin and surrounding areas to restrict production capacity in specific industries, including steel, aluminum, building materials, chemicals and pharmaceuticals. Companies have been hit with direct capacity cuts to manufacturing, cuts in supplier...

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