China Market Intelligence

April 10th, 2019
By Shen Wang and Yan Yu
China’s State Council announced that it will be reducing the tax rate on a variety of daily consumer goods, including books, cameras, and bicycles. The tax reduction is meant to boost domestic consumption and could benefit cross-border trade, ecommerce, and logistics industries.

On April 8, the State Council Customs Tariff Commission announced that it will be revising the system for personal postal articles tax (PPAT)—which was introduced in 2010 and targets small parcels bought by...

March 27th, 2019
By Chynna Hawes and Jack Kamensky
Recent developments, such as the incorporation of the State Council Legislative Affairs Office into the Ministry of Justice, have increased the role of the Party in China’s legislative process. At the same time, efforts to improve legislative procedural processes provide increased opportunities for companies to participate, such as open comment periods and engaging with experts, associations, and academics involved in drafting legislation.   

China’s legislative process continues...

March 27th, 2019
By USCBC Staff
Despite the March 2018 government restructuring, many reforms continue to be carried out. China’s annual work plan for 2019 is expected to be released in April. The ongoing trade negotiations may impact the outlook for several industries and issues.  

At last year’s National People’s Congress (NPC), China launched a massive government restructuring to streamline policymaking and enforcement. Throughout the months-long reorganization process, the government continued to move ahead...

March 27th, 2019
By Ricky Altieri
China expedited approval of a new Foreign Investment Law. VAT taxes will be reduced in manufacturing, construction, and transportation. Premier Li announced increased support for infrastructure and easing of credit access, but without new commitments of government spending. The Supreme People’s Court echoed earlier commitments to continue improving the intellectual property environment.

This year’s National People’s Congress (NPC) which took place March 5-15 included a few key...

March 5th, 2019
By USCBC Staff

In a report at the opening ceremony of China’s annual National People’s Congress (NPC) Tuesday, Premier Li Keqiang announced that China will reduce the value-added tax (VAT) rate in manufacturing, construction, and transportation and increase spending on infrastructure. The move will benefit both domestic and foreign businesses operating in China.

The VAT rate on manufacturers will be lowered to 13 percent in 2019 from 16 percent, while the rate for the...

February 27th, 2019
By USCBC Staff
The 13th National People’s Congress (NPC) kicks-off in Beijing on March 5. Convening just after trade negotiations were extended, it will be important to watch how China’s government deals with key issues such as the Foreign Investment Law, which is expected to pass. USCBC will be monitoring outcomes daily to provide members timely information on major developments.

The 13th National People’s Congress (NPC), China’s top legislature, will begin in Beijing on March 5 and last around...

February 27th, 2019
By USCBC Staff

In meetings over the past week, the US-China Business Council (USCBC) met in Beijing and Shanghai with senior representatives from the National People’s Congress Legislative Working Committee, which is responsible for drafting the Foreign Investment Law, to discuss USCBC’s recommendations. Officials indicated that foreign companies will have five years to transition their business structures to comply with the new law.

USCBC on February 24 submitted comments on...

January 30th, 2019
By Ricky Altieri

Further information on the Ministry of Public Security’s 2018 Personal Information Standard may provide clarity for companies on data management measures.

Regulations on Critical Information Infrastructure and Measures on Cross Border Data Flow are expected to come into effect in 2019.

The regulations may expand the scope of industries affected by cyber regulators.

As China’s cyber apparatus has expanded to cover data...

January 16th, 2019
By Chynna Hawes

Draft amendments make some progress in strengthening China’s intellectual property rights (IPR) system, including by increasing penalties, extending patent term for designs, and adding patent term restoration for innovative pharmaceuticals.

Remaining concerns include vague language, enforceability, and lack of a patent linkage system, a key issue for US pharmaceuticals.  

This is an important opportunity to advocate the interests of US...

December 12th, 2018
By Ricky Altieri

China will implement an intellectual property court of appeals on January 1.

Decisions appealed to IP courts are currently heard by courts who do not specialize in IP.

The move is expected to provide better judgments and increase efficiency in IP cases.

China’s new Intellectual Property (IP) Court will bring much needed subject matter expertise to adjudicate technical IP cases between foreign and domestic companies when it...

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