China Market Intelligence

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...

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...

September 20th, 2018
By Yan Yu

Jacob Parker, US-China Business Council (USCBC) vice president for China operations, last week led a delegation of member companies to the 20th China International Fair for Investment and Trade (CIFIT) in Xiamen, China. In addition to participating in the general forum and programs at CIFIT, USCBC organized meetings with Fujian government leadership and senior government officials from other participating provinces. Parker also attended the Symposium for Multinational Corporations hosted by...

June 28th, 2018

President Donald Trump has decided against using much-anticipated new measures to restrict Chinese access to US technology and instead will use existing tools, according to a White House announcement this morning. The US-China Business Council (USCBC) issued a statement in support of the decision, while encouraging the administration to maintain the appropriate balance between national security and economic interests and calling on the US and Chinese governments to step back from...

June 15th, 2018
By USCBC Staff

The United States will move forward in early July with a 25 percent tariff on a wide range of Chinese imports worth approximately $50 billion, barring any breakthroughs in negotiations that might delay implementation. Within an hour of the announcement, China’s Ministry of Commerce said it would implement reciprocal tariffs of “the same scale and intensity.” USCBC issued a statement calling on both sides to step back from tariffs and negotiate a solution.

The announcement by the...

May 30th, 2018
By Jake Laband and Anna Ashton

Although the denial order recently brought by the U.S. Department of Commerce against Chinese smartphone and telecommunications equipment giant ZTE is based on admitted wrongdoing, the discretionary action has hurt US suppliers and bolstered the claims of Chinese policy makers that China is overly reliant on foreign technology – and that a shift in political winds could disrupt important supply chains for Chinese firms if greater technological independence is not achieved.

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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...

January 11th, 2018
By USCBC Staff

China has further tightened control on internet services by blocking internet access for some unregistered customers, according to US-China Business Council (USCBC) conversations with China internet service providers and member companies. This development could affect some company operations in China as well as information sharing between offices, but steps can be taken to restore service.

Concerns arose last summer about restrictions on internet access and VPN...

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