Despite new obstacles, growth in China remains robust, and US companies are dedicated to the China market—that was a clear message from the US-China Business Council (USCBC) 2015 China Operations Conference, held in Shanghai on October 22.
China Market Intelligence
From the declarations of reform made at the Central Economic Work Conference to the promises of the third plenum, Chinese officials have continually made bold statements about reform intentions.
As Chinese and American business travelers know well, securing visas for short- or long-term stays can be a time-consuming process. But when Presidents Barack Obama and Xi Jinping met in mid-November, they hammered out a deal that could ease burdens on Chinese and American travelers alike.
Rapidly increasing wages, high demand for qualified workers, and high turnover rates have made recruiting and retaining talent one of the top challenges multinational companies face in China year after year. But there’s another issue making employee recruitment and retention even more difficult: China’s air pollution.
The US-China Business Council (USCBC) advanced members’ concerns throughout 2013 by advocating directly with key Chinese government agencies, ensuring USCBC member issues were prioritized on the US government agenda for bilateral engagement, providing timely analysis of market and regulatory developments in China, and hosting informative events on a wide range of operational, political, and tra
Rising costs and intensifying domestic competition are combining to squeeze margins for many American companies in China, according to the US-China Business Council’s (USCBC) 2013 China Business Environment Survey.
The National People's Congress Standing Committee on August 30 passed the Employment Promotion Law, which will take effect January 1, 2008. The law largely focuses on the responsibilities of local governments to promote employment, but major provisions also deal with discrimination.