China Market Intelligence

April 10th, 2019
By USCBC staff

Processing times in Shanghai have increased to over two months for US business visa applications, according to data provided by the US State Department, though shorter times have been reported for other locations in China.

The data reflect the wait time for a visa interview appointment. After an appointment and interview, the State Department takes another three to five days to print and check each visa.

Due to the delays, USCBC contacts at the...

April 10th, 2019
By Jack Kamensky
Late last month, an explosion at a chemical plant in Jiangsu killed 78 people. Structural issues such as incentives of local officials, a shortage of qualified inspectors, and non-science-based standards have resulted in slow progress in work safety, despite past disasters. While the flurry of inspections and increased restrictions on the chemical industry may disrupt operations and supply chains, foreign companies can leverage their experience to strengthen their relationships with regulators...
April 10th, 2019
By USCBC Staff
Across meetings, officials committed to finalizing a bilateral agreement, but concerns about a unilateral enforcement mechanism and the rate of tariff reductions are stalling the process. Chinese data regulators have adopted a more accommodating perspective on data localization requirements; final implementation will occur only after bilateral talks conclude. China’s new Foreign Investment Law is being held up as a sign of progress made on foreign company issues. USCBC is collecting detailed...
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...

February 27th, 2019
By Angela Deng
Trump announced Sunday that he will extend the March 1 deadline to allow more time for negotiations as talks have made “substantial progress.” A Federal Register announcement is expected to be issued this week that tariff increases will be suspended until further notice. The linchpin issues are expected to be resolved at a potential meeting between Presidents Trump and Xi in late-March at Trump’s resort in Mar-a-Lago. Trade talks have reportedly focused on six memoranda of understanding (MOUs)...
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 Angela Deng

Trade talks to date have touched on a wide range of issues, but have not narrowed differences on structural issues like IP protection, forced tech transfers, and subsidies to China’s state-owned enterprises.

China has taken some steps to reduce trade tension, namely pledging to buy more US products, and a few measures addressing substantive US concerns on trade.

Vice Premier Liu He is meeting on January 30 and 31 with US Trade Representative...

January 16th, 2019
By Melinda Xu and Owen Haacke

Most of the changes are consistent with central government reforms of 2018, such as the restructuring of agencies in market supervision, health, insurance, environmental protection, natural resources, and science and technology.

Some local governments now have autonomy to adjust restructuring based on local conditions. The restructuring potentially can provide the local government more flexibility to formulate policies regarding business investment, talent...

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