China Market Intelligence

September 5th, 2018
By Jake Laband

Senior Chinese leaders have repeatedly insisted China is improving market access and the investment environment, improving the protection of intellectual property, and ensuring equal treatment of foreign and domestic companies in China. “China’s door of opening-up will not be closed and will only open even wider!” exclaimed President Xi Jinping at the 2018 Bo’ao Forum.

While many foreign companies report positive momentum in China’s economic reform efforts, a...

September 5th, 2018
By Owen Haacke and Melinda Xu

The Standing Committee of the National People’s Congress passed China’s Ecommerce Law on August 31, creating a framework for regulating China’s rapidly growing ecommerce market. The law takes effect January 1, 2019. Guidance on implementation of the law, as well as for cross-border ecommerce, will be released later.

After USCBC submitted comments on the final public draft of the law, the Chinese government made a number of changes to address concerns, including...

August 23rd, 2018
By Angela Deng

The escalating US-China trade war is complicating China’s efforts to strengthen financial reforms as China’s market and currency vulnerabilities become more evident. So far, China has not reversed its course on financial reforms and has implemented policies that support economic growth to mitigate the side effects of the trade war. However, these policies are frequently at odds with each other; simultaneously pursuing both is a delicate and complex task. If the trade war further...

August 23rd, 2018
By Huihui Shen and Owen Haacke

US companies are looking at potential opportunities in China’s island province of Hainan—a historically tourism-driven economy that is promoting further openings to foreign business as part of its new status as a free trade zone (FTZ). Hainan will implement the same policies as China’s other FTZs, including the FTZ negative list. Hainan also plans to set up a free trade port, which will have a greater focus on customs clearance than FTZs; the free trade port will be fully...

August 22nd, 2018
By USCBC Staff

On March 17, China’s national legislative body, the National People’s Congress (NPC), adopted a plan for the extensive restructuring of the Chinese bureaucracy “to make the government better-structured, more efficient and service-oriented.” The US-China Business Council (USCBC) has been tracking subsequent updates and has published brief descriptions of key Chinese government agencies here as a resource for members.

Through a series of consolidations and the...

August 22nd, 2018
By Jake Laband

While China’s battle to increase environmental protection and improve enforcement seeks to address serious pollution issues, it has also led to a variety of enforcement campaigns that have created unintended negative consequences for companies operating in China. Although foreign firms often play a leading role in employing environmentally friendly technology in China, the one-size-fits-all nature of these campaigns disrupts supply chains, decreases efficiency, and creates a less...

August 22nd, 2018
By Anna Ashton

China last week filed two separate requests for consultations with the United States at the World Trade Organization (WTO), questioning the legality of US tariffs on Chinese solar panels and challenging US measures at the state and local levels that provide incentives for the use of domestically sourced renewable energy products. These latest volleys are emblematic of the ongoing US-China trade battle and underscore the increasing vulnerability of the international trade regime....

August 22nd, 2018
By Angela Deng

Recent reforms to the operations of the Committee on Foreign Investment in the United States (CFIUS) removed some of the controversial elements of earlier proposed versions, but strengthened and expanded the scope of CFIUS authority to review foreign transactions and tightens the export controls process. President Donald Trump signed the Foreign Investment Risk Review Modernization Act (FIRRMA) into law August 13 after Congress passed it August 1 as part of the National Defense...

August 8th, 2018
By Ian Hutchinson

As the Belt and Road Initiative (BRI) spreads, having accounted for $250 billion in construction in about five years, it is inevitable that commercial disputes will emerge. In an effort to expeditiously work through caseloads, the Supreme People’s Court of China (SPC) established the new China International Commercial Courts (CICC) for international commercial cases.

China took a step toward establishing these courts in September 2017 when it signed on to the Hague...

August 8th, 2018
By Chynna Hawes

The Shanghai Free Trade Zone (FTZ) Market Regulatory Authority (MRA) recently issued a penalty decision against a foreign medical product distributor for false promotion under the Anti-unfair Competition Law (AUCL), the revised version of which came into effect January 1. The recently created State Authority for Market Regulation (SAMR) assumed enforcement responsibilities for the AUCL, and in May announced it would step up implementation with a six-month campaign through October....

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