China Market Intelligence

June 5th, 2019
By Anna Ashton

China’s key economic planning agency, the National Development and Reform Commission (NDRC), on June 4 discussed export controls on rare earths with Chinese industry representatives. The meeting is the latest of several events in recent weeks suggesting China is considering options to limit rare earths exports as a response to the new US restrictions on doing business with Huawei, and possibly other Chinese technology companies.

June 5th, 2019
By Antonio Douglas and Chynna Hawes

Following the escalation of tensions after bilateral negotiations broke down earlier this month, the Chinese government issued a series of cybersecurity measures, including draft Cybersecurity Review and Data Security Administrative measures and a series of technical standards.

June 5th, 2019
By Melinda Xu

On May 17-19, the US-China Business Council’s (USCBC’s) Shanghai Chief Representative Owen Haacke led a delegation of 10 member companies to the 11th Central China Expo (CCE) in Nanchang, China. USCBC organized multiple meetings with vice governors of Henan, Hubei, Jiangxi and Anhui provinces.The group also met with Mr. Liu Dianxun, director-general of China Investment Promotion Agency (CIPA) of the Ministry of Commerce (MOFCOM), and also joined a roundtable with China’s Vice Premier Hu...

June 5th, 2019
By Yan Yu

Two weeks after China’s National People’s Congress passed the Foreign Investment Law (FIL), Premier Li Keqiang announced at the Bo’ao Forum in Hainan that China had begun crafting regulations to ensure that the FIL can land smoothly when it goes into effect on January 1, 2020. A variety of Chinese regulators are working to implement the FIL: China’s Ministry of Justice is leading the effort to update old regulations and issue specific rules in alignment with FIL principles and both the...

June 5th, 2019
By Vivian Zhu

The US-China Business Council held its 46th Annual Membership Meeting in Washington, DC, on June 4. Former Secretary of State Madeleine Albright gave the keynote address on 40 years of US-China relations. Other speakers included Wendy Cutler from the Asia Society, Susan Thornton from the Paul Tsai China Center at Yale Law School, Damien Ma from the Paulson Institute, Dali Yang from the University of Chicago, Cheng Li from the Brookings Institution, Roy Kamphausen from the National Bureau of...

June 3rd, 2019
By USCBC Staff

China’s Ministry of Commerce (MOFCOM) on Friday announced it would establish an “unreliable entity list” for foreign entities and persons who cause serious damage to Chinese companies by cutting off supplies for “non-commercial” reasons. The action appears to take aim at the US Entities List, to which Huawei was recently added, and the recent executive order on purchases of foreign technology products. While the details of how companies will be added and removed from China’s unreliable...

May 22nd, 2019
By Owen Haacke

Several US-China Business Council (USCBC) member companies are looking closer at planning visas both to the United States and China to avoid disruptions to their regular business operations. Changes to US visa policies and processing times have impacted company planning, and companies should make sure to plan all business travel far in advance.

May 22nd, 2019
By Jack Kamensky

On May 13, the State Council Customs Tariff Commission announced that China would institute a process that would allow some products to be excluded from the additional tariffs implemented in response to the US Section 301 measures. While the exclusion process presents a potential opportunity for tariff relief for hard-hit US companies, such measures to mitigate the consequences of tariffs on China’s domestic economy may signal that China is making preparations in case it needs to justify...

May 22nd, 2019
By Angela Deng

On Monday, the US Department of Commerce offered Huawei a temporary reprieve from the company’s placement on the Entities List by granting a temporary general license for US companies to continue certain transactions with Huawei until August 19.

May 22nd, 2019
By Wang Muchen and Chynna Hawes

The State Council recently released its 2019 legislative work plan, a framework prepared each year in conjunction with an annual legislative plan from the National People’s Congress (NPC). The NPC legislative plan is usually much shorter, and includes a general timeline to review proposed legislation. While the two plans provide insight on the government’s policy priorities and can help companies prepare for regulations that affect their businesses, they are neither a guarantee nor an...