China Market Intelligence

April 25th, 2007

US Department of Transportation (DOT) Secretary Mary E. Peters recently visited Shanghai and Beijing to advocate for the liberalization of China's transportation sector, particularly the aviation market. Peters met with PRC counterparts in the ministries of Communications, Construction, Rail, the General Administration of Civil Aviation of China (CAAC), and the National Development and Reform Commission.

USCBC and the American Chambers of Commerce-Shanghai and -China cohosted...

April 4th, 2007

The PRC State Council recently approved healthcare sector development guidelines for China's 11th FYP period. Priorities in the guidelines, yet to be publicized, include regulating pharmaceutical prices, establishing a universal basic healthcare system, and expanding the rural healthcare cooperative system, according to PRC press reports. In addition, Premier Wen Jiabao recently vowed to double government spending on healthcare this year. (China currently spends only about 5 percent of its...

March 28th, 2007

USCBC President John Frisbie attended the China Development Forum on March 17-19 in Beijing, at the invitation of the PRC State Council's Development Research Center. The forum is held annually after the conclusion of the full session of the PRC National People's Congress (NPC) and brings together top PRC officials, business leaders, and economists with overseas counterparts for discussions and recommendations on China's economic policy.

The 2007 forum's theme was "China: Toward New...

March 14th, 2007

USCBC President John Frisbie testified on March 8 before the US International Trade Commission (ITC) on the impact of Asian economic integration on US trade with China. The hearing was held in conjunction with the first in a series of investigations that the ITC has been directed to conduct by the House of Representatives' Committee on Ways and Means, which focuses on specific aspects of US trade. The first study is titled "US-China Trade: Implications of US-Asia-Pacific Trade and Investment...

February 14th, 2007

US and PRC cabinet officials will meet in Washington, DC, on May 23 and 24 for the second session of the US-China Strategic Economic Dialogue (SED), the US Department of the Treasury announced on Tuesday. The Treasury Department also announced the appointment of Alan Holmer as special envoy for China and the SED. Holmer's selection resurrects a post dedicated to managing the SED that Deborah Lehr briefly filled after its creation. Since her departure, outgoing Undersecretary of the Treasury...

February 14th, 2007

USCBC held its Forecast 2007 reception and conference last week for member companies with guests from the US government, PRC embassy, and academia. More than one-third of USCBC's member companies were represented; nearly half came from outside of Washington.

The event began with an evening reception on February 7, which featured remarks by Rep. Joseph Crowley (D-NY) and Mark Kirk (R-IL), PRC Embassy Deputy Chief of Mission Zheng Zeguang, and Assistant USTR Tim Stratford. Rep. Rick...

January 31st, 2007

USCBC hosted an aviation forum in Beijing on January 29 to discuss reforms of, and improved market access to, China's aviation sector. The forum, sponsored by The Boeing Co., FedEx Corp., Northwest Airlines Corp., Polar Air Cargo, Inc., United Airlines, Inc., and UPS, brought together officials from the Civil Aviation Administration of China (CAAC), General Administration of Customs, Ministry of Communications, National Development and Reform Commission, MOFA, and MOFCOM, to hear views from...

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