China Market Intelligence

January 22nd, 2015

The US-China Business Council (USCBC) today released a statement of priority actions needed to continuing building a strong, mutually beneficial commercial relationship between the United States and China. The relationship has made many positive strides over the past three decades, thanks to the collaborative work of the governments, business communities, and other stakeholders in both countries. Trade and investment are delivering important benefits to both economies and are the foundation...

January 7th, 2015
Stephanie Henry

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. But in 2014, progress was made to back up some of the rhetoric, the US-China Business Council (USCBC) found. While improvement on commercial issues in the US-China relationship is often incremental, notable steps were taken this year in areas like competition, foreign investment, and visas, among...

December 17th, 2014
John Lenhart

China’s lead food and health safety regulator, the China Food and Drug Administration (CFDA), will focus on continued restructuring and increased enforcement efforts in 2015, according to statements made to the US-China Business Council (USCBC). USCBC led a group of eight companies in a roundtable discussion with Director General Yuan Lin of the CFDA in Beijing on December 5. Company representatives shared concerns regarding uneven regulatory enforcement and cumbersome administrative...

December 17th, 2014
Jake Laband

Chinese leaders pledged to continue structural reforms and regional economic development in light of slowing GDP growth at last week’s Central Economic Work Conference (CEWC), held in Beijing. The conference, considered to be the last major meeting of the year for the Chinese government, reviewed China’s economic performance in 2014 and set the country’s economic agenda for the year to come. Although this year’s conference did not formally announce a specific GDP growth target, most...

December 3rd, 2014
Owen Haacke

In November, Chinese and US negotiators surprised the global business community by announcing an end to a standoff over high-technology tariffs. In agreeing to move forward with the World Trade Organization’s (WTO) Information Technology Agreement (ITA), China paved the way for the slashing of tariffs on items from semiconductors to video game consoles. The breakthrough on ITA was a welcome development, but there are a number of other WTO initiatives that both the United States and China are...

December 3rd, 2014
Stephanie Henry

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. The latest development introduced changes to both countries’ systems that would extend visa validity up to 10 years for US and Chinese tourists and business travelers. This new visa policy will facilitate...

November 12th, 2014
Yan Yu

At the APEC CEO Summit on November 10, US President Barack Obama announced plans to extend visa validity for Chinese visitors, business people, and students coming to the United States. The validation period for student visas may be prolonged to as much as five years, while business and tourist visas will be extended up to ten years. In addition, China has agreed to along the same terms for Americans coming to China. President Obama said that the policy aims to strengthen...

October 15th, 2014
Ryan Ong

China’s economic reform efforts have so far had a limited impact on American companies, and their implementation remains sluggish, according to a new assessment by the US-China Business Council (USCBC). USCBC analysis found that even as broad reform goals and messaging by China’s top leadership remain compelling, very little has changed since USCBC released its first reform scorecard in June 2014.

Since China’s new leadership officially took over in March 2013, senior government...

October 14th, 2014
Zoe Sophos

US and Chinese negotiators met in Beijing during the last week of September to continue their work on a bilateral investment treaty (BIT) between the two countries. The US-China Business Council (USCBC) understands that discussions throughout 2014 will focus on the text of the treaty, in an attempt to draft the “core issues and major articles,” as agreed to during July’s Strategic & Economic Dialogue (S&ED).

China also committed at this this year’s S&ED to release a BIT “...

October 14th, 2014
Zoe Sophos

Preparations are underway for a bilateral meeting between Presidents Barack Obama and Xi Jinping in Beijing immediately following the APEC CEO Summit in November. This will be the second official bilateral meeting of the two leaders, following their 2013 meeting in Sunnylands, California. While a detailed agenda has not yet been set for the meetings, the presidents will likely discuss a wide range of economic and foreign policy issues.

The meeting comes at an important time in the US-...