China Market Intelligence

June 6th, 2007

The US-China Business Council (USCBC) held its 34th Annual Membership Meeting in Washington, DC, on June 5. Former Secretary of State and of the Treasury James A. Baker III was the keynote speaker at the meeting's luncheon; the meeting also featured speakers on China's economy, innovation policies, human resources trends, key operational issues, and bilateral trade politics. In his remarks on the prospects for US-China relations, Baker rejected the view that China's rise will inevitably lead...

June 6th, 2007

Each year, USCBC conducts a survey to track the top concerns of its membership regarding the China business environment. The results of this survey will prioritize the issues for USCBC's reporting, advisory, and advocacy work in the United States and China on behalf of its membership.

Your input is crucial to the quality and effectiveness of USCBC's services. We thank you for taking a few minutes to complete this survey, which will close on June 29, 2007. Please note that individual...

June 6th, 2007

The PRC government on Monday released China's first policy blueprint on climate change. The document discusses in general terms the broad array of policies that China will implement to mitigate and adapt to climate change, some of which may present opportunities for companies in the energy, building materials, transportation, and other sectors. Released on the eve of the Group of Eight meeting in Germany, at which climate change is a key topic, the document also defends China's longstanding...

June 6th, 2007

The PRC State Council recently released China's 11th Five-Year Plan (FYP, 2006-10) for the Development of the Healthcare Sector. The plan emphasizes the creation of a universal healthcare system; the expansion of cooperative medical schemes for rural residents; better control of the price, quality, and availability of pharmaceutical drugs and medical devices; and more effective monitoring and prevention of infectious diseases and pandemics. Like other FYPs, this one addresses all of its...

June 6th, 2007

A number of Chinese cities are once again preparing for summer power shortages, a chronic problem in recent years. While China's energy supply has improved since the severe shortages of 2004, certain regions, such as Guangdong and Shanghai, have already experienced shortages this year, and the problem is expected to persist through the summer and beyond.

Short of 4 million kilowatts (kW) in April, Guangdong remains one of the most vulnerable provinces in terms of energy supply. Many...

May 30th, 2007

Several provincial Chinese Communist Party (CCP) secretaries and deputy secretaries were reappointed or took up new posts recently. These appointments may be meaningful as the upcoming CCP Congress approaches.

Liu Qi was reappointed CCP secretary of Beijing. Wang Qishan, who is also mayor of Beijing, was reappointed a deputy CCP secretary of Beijing; Wang Anshun was appointed a deputy CCP secretary of Beijing. Wang Min was reappointed CCP secretary of Jilin. Han Changbin was reappointed...
May 30th, 2007

Following the second session of the Strategic Economic Dialogue (SED) in Washington, DC, last week, PRC Vice Premier Wu Yi and her delegation visited the White House and Capitol Hill and met with President George W. Bush and congressional leaders from both parties. Though the talks covered a wide range of topics, including food safety and human rights, the main focus of the discussions remained on China's exchange rate policy, a key issue for US lawmakers who have become increasingly wary of...

May 30th, 2007

The PRC State Council last week approved raising temporary export tariff rates for 142 items and lowering temporary import tariff rates for 209 products. These tariff rate adjustments are aimed at stemming the export of energy- and resource-intensive and polluting products, while encouraging imports to trim China's trade surplus, according to a State Council announcement. These adjustments take effect on June 1.

The export tariff adjustments are largely aimed at China's steel sector....

May 30th, 2007

The PRC State Environmental Protection Administration (SEPA) recently released new measures that call upon government agencies and enterprises to disclose environmental information to the general public. By releasing these measures, SEPA has become the first PRC government agency to follow up on the State Council's Regulations on the Disclosure of Government Information, which direct government agencies to make information on supervision and inspection related to environmental protection...

May 23rd, 2007

The second round of the Strategic Economic Dialogue (SED) concluded today in Washington, DC. The high-level talks headed by US Secretary of the Treasury Henry Paulson and PRC Vice Premier Wu Yi have sought to address major issues regarding the growing trade relations, and tensions, between the two countries. Both sides have stated on numerous occasions that the SED is meant to focus on medium- and long-term issues. Nevertheless, as Paulson explained in his opening statement on Tuesday, "the...

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