China Market Intelligence

January 24th, 2018
By Owen Haacke

Sixty-five percent of US-China Business Council (USCBC) member companies experience challenges with licensing and approvals to operate in the China market, according to USCBC’s 2017 Member Survey. Licensing and approvals rose to the second-most prominent challenge for US companies in the China market, behind competition with Chinese companies. In the past decade, licensing has consistently ranked among the top 10 priority issues in USCBC’s annual survey.

Since...

May 3rd, 2017
By Owen Haacke

China’s economy is slowing after years of rapid growth, but demand is expected to continue, according to economists who recently spoke to the US-China Business Council (USCBC). With a tight grip on economic policies, China’s government has the tools to mitigate some of the economic factors that companies worry could lead to instability, such as real estate and local debt.

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April 19th, 2017
By Owen Haacke and Melinda Xu

China officially launched seven new free trade zones (FTZ) this month, expanding upon the four existing FTZs and including inland areas for the first time. The expansion allows more provinces to take part in reforms piloted in the Shanghai FTZ since 2013, and focus on promoting regional development.

The Shanghai FTZ...

March 8th, 2017
By Jake Laband

China’s Premier Li Keqiang stated in his annual government work report that the country’s GDP growth target for 2017 would be “around 6.5 percent,” a decrease from last year’s “6.5 percent to 7 percent.” The report, traditionally delivered in the opening days of the National People’s Congress each spring, reviews progress of the previous year, and sets out the framework for economic policy in the coming year...

February 8th, 2017
by Anna Ashton

The Trump administration is expected to take a less patient and conciliatory approach to US-China trade relations than has been the norm in recent years; but with its own significant political transition underway, China is unlikely to make major domestic policy changes in response to a more hardline US approach. A panel of experts invited to the US-China Business Council on February 2 forecast the political...

December 14th, 2016
By USCBC staff

China’s top leaders are expected to prioritize supply-side structural reform, stabilizing economic growth, and improving people’s livelihood as they map out their 2017 economic and reform agenda during the annual Central Economic Work Conference (CEWC), which opened in Beijing on Wednesday.

 

Typically the last major...

October 12th, 2016
By Zhang Lipei and Jake Parker

Private Chinese companies criticized market access, government procurement discrimination, and uneven subsidy disbursement during a meeting called to solicit domestic industry perspectives on business competition in China. The complaints—which mirrored many of the complaints of foreign companies operating in China—are expected to help with the implementation of the State Council’s competition review mechanism...

March 2nd, 2016
Nick Marro and Yan Yu

China’s leading legislative body will convene March 3, with economic themes expected to be prominent on the agenda. Following the 2015 National People’s Congress (NPC) meetings, the government announced a broad agenda to stabilize the economy and continue reforms in the sectors that need it the most, such as in environmental sustainability, fiscal policy, and the reform of state-owned enterprises (SOEs).

China delivered on some 2015 commitments—such as passage of...

January 6th, 2016
Pianpian Huang

Woeful performance data from China’s state-owned enterprises (SOEs) may be increasing calls for reform, but a recent policy package does not appear to address fundamental issues around governance and market orientation, despite the accompanying rhetoric.

Total debts at China's state-owned enterprises (SOE) rose 18.2 percent to 78.31 trillion yuan ($12.24 trillion) and profit dropped 9.5 percent to 2.04 trillion yuan ($320 million) from January to November 2015...

December 9th, 2015
Owen Haacke and Ryan Ong

American companies are seeing small benefits from China’s national administrative licensing reform agenda, but a number of obstacles continue to challenge companies in licensing and government approvals. Licensing ranked sixth in the list of challenges this year for US-China Business Council (USCBC) member companies in China. Recent conversations between USCBC staff and some of these companies reveal that despite some reforms, licensing challenges continue to hinder business in the...

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