China Market Intelligence

November 28th, 2018
By Owen Haacke

The US-China Business Council (USCBC) participated in the inaugural China International Import Expo (CIIE), a major Chinese national gathering of senior government officials and global business leaders, as well as representatives from China’s Ministry of Commerce (MOFCOM) . USCBC held its annual Shanghai China Operations Conference at the CIIE site with support of MOFCOM, and member company meetings with central and local government senior officials.

USCBC...

November 7th, 2018
By Jack Kamensky

USCBC’s 2018 member survey found that only about a quarter of American companies have party organizations in China. The overwhelming majority of these organizations have been in place for some time, and none play a role in company decision making.

China’s legal requirements for party organizations in private companies do not mandate a management or governance role in private companies.

The Chinese Communist Party’s (CCP) increased push to...

November 7th, 2018
By Ricky Altieri

China’s SOE reforms aim to strengthen the companies by reducing overcapacity and mitigating high levels of debt

Reforms have introduced mixed ownership structures, but Chinese leaders have said SOEs will not be privatized.

Since the release of the 13th Five-Year Plan in 2016, which called for state-owned enterprise (SOE) reform, China has reduced overcapacity in SOE-dominated industries, consolidated SOEs through mergers and acquisitions, and...

November 7th, 2018
By USCBC Staff

Although the United States has held public hearings and comment periods for the Section 301 investigation into Chinese trade practices and created a process to consider the exclusion of certain products from the tariffs it imposed in two of the three rounds implemented to date, China has no similar process. The US-China Business Council (USCBC) recently wrote to Chinese policymakers calling for the establishment of an open and transparent process for companies to...

November 7th, 2018
By Anna Ashton

The US-China Business Council (USCBC) and several other trade associations submitted joint comments on provisions regarding personal information and data privacy protection in China’s Draft Civil Code, which is being revised by the National People’s Congress.

Although the draft language appears intended to implement explicit protections for personal privacy and individual rights, some provisions could do the opposite and impede companies’ ability to deliver the...

November 7th, 2018
By Erin Ennis and Angela Deng

Trade was not a major factor in Tuesday’s US elections, but the change in control of the House of Representatives may embolden Congress to take a more active role in trade policy making for the next two years.

Democrats gained 28 seats to win control of House of Representatives, but Republicans retained and slightly expanded their majority in the Senate by at least two seats; the winners in several races has yet to be determined due to close results. With divided control of Congress,...

October 24th, 2018
By Chynna Hawes

USCBC’s 2018 Member Survey found that China’s intellectual property rights (IPR) protection environment remains generally unchanged from previous years, but slowly improving.

There are clear incentives for China to improve IPR protection. High-level commitments and incremental reforms are welcome, but more work and concrete actions to improve enforcement are necessary to create a thriving system.

China’s protection of intellectual property...

October 24th, 2018
By Ricky Altieri

The 13th Five-Year Plan called for the yuan to be fully convertible by 2020. Such a move would increase liquidity and allow the market to play a greater role in investment decisions.

Since the 13th Five-Year Plan was issued, China has made incremental progress toward that goal, but is unlikely to achieve full yuan convertibility by 2020.

The 13th Five-Year Plan called for the yuan to be fully convertible by 2020. While the plan did not offer an...

October 24th, 2018
By Sun Yi and Melinda Xu

As more and more ministries publish their Three Determination Plans, the leadership of central and provincial governments continues to change.

Central government leadership changes

Ministry of Finance has a new vice minister, Zou Jiayi (邹加怡). She will be responsible for the Department of Tariffs, Department of International Economic Relationship, and Department of Fiscal and Financial Cooperation. Zou previously was a committee member on the...

October 24th, 2018
By USCBC Staff

On a recent visit to Beijing, the US-China Business Council’s (USCBC) Board of Directors urged the Chinese government to provide written proposals to the US government on their reform plans to facilitate an effective meeting between the presidents in November.

Minister of Industry and Information Technology (MIIT) Miao Wei said the United States’ 301 investigation into intellectual property rights and technology transfer policies had raised many “unfounded...

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