China Market Intelligence

March 13th, 2019
By USCBC staff

US-China Business Council (USCBC) sources indicated this week that China’s draft Foreign Investment Law (FIL) continues to be revised as it nears final consideration by the National People’s Congress (NPC), even though a final draft has not been released publicly. Some expected changes appear to address concerns raised by the US government in its Section 301 case, as well as by USCBC on issues related to protection of intellectual property during regulatory processes.

...
March 13th, 2019
By USCBC Staff

The US-China Business Council (USCBC) is tracking developments at the ongoing National People’s Congress (NPC), China’s highest legislature, which began in Beijing on March 5. On the first day of the NPC, Premier Li Keqiang announced certain tax cuts and spending increases for infrastructure projects. USCBC provided more detailed reporting on Li’s speech here.

USCBC will continue updating member companies on developments at the NPC that impact the business...

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 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 Vivian Zhu

At the US-China Business Council’s (USCBC) 45th Anniversary Gala on December 5, Ambassador Carla A. Hills, the 2018 honoree, received a standing ovation in recognition of her enduring contributions to bilateral and multilateral trade and investment agreements, which have facilitated and expanded regional and global trade for decades.

USCBC Chair Evan Greenberg recognized Hills as one of the country's leading foreign policy experts for her service in two...

November 28th, 2018
By Owen Haacke

The US-China Business Council (USCBC) participated in the inaugural China International Import Expo (CIIE), a major Chinese national gathering of senior government officials and global business leaders, as well as representatives from China’s Ministry of Commerce (MOFCOM) . USCBC held its annual Shanghai China Operations Conference at the CIIE site with support of MOFCOM, and member company meetings with central and local government senior officials.

USCBC...

November 7th, 2018
By Jack Kamensky

USCBC’s 2018 member survey found that only about a quarter of American companies have party organizations in China. The overwhelming majority of these organizations have been in place for some time, and none play a role in company decision making.

China’s legal requirements for party organizations in private companies do not mandate a management or governance role in private companies.

The Chinese Communist Party’s (CCP) increased push to...

November 7th, 2018
By Anna Ashton

The US-China Business Council (USCBC) and several other trade associations submitted joint comments on provisions regarding personal information and data privacy protection in China’s Draft Civil Code, which is being revised by the National People’s Congress.

Although the draft language appears intended to implement explicit protections for personal privacy and individual rights, some provisions could do the opposite and impede companies’ ability to deliver the...

October 24th, 2018
By USCBC Staff

On a recent visit to Beijing, the US-China Business Council’s (USCBC) Board of Directors urged the Chinese government to provide written proposals to the US government on their reform plans to facilitate an effective meeting between the presidents in November.

Minister of Industry and Information Technology (MIIT) Miao Wei said the United States’ 301 investigation into intellectual property rights and technology transfer policies had raised many “unfounded...

October 10th, 2018
By USCBC Staff

The US-China Business Council (USCBC) has updated an online resource on the Chinese government to help member companies better navigate its complexities. This includes an infographic linking to information about high-level government bodies, as well as descriptions of government agencies that have been updated to reflect China’s government restructuring and recent leadership changes.

On March 17, China’s national legislative body, the National People’s Congress (...

Pages