Banny Wang
Manager, Business Advisory Services
US-China Business Council
Washington, DC
Manager, Business Advisory Services
US-China Business Council
Washington, DC
Banny works as a Business Advisory Services Manager at USCBC. Prior to joining the Council, she interned at UNICEF, Atlas Corps, and East IP Law Firm. She received her BA degree in International Relations from the Maxwell School of Citizenship and Public Affairs at Syracuse University, focusing on international law and organizations. While studying at SU, she also minored in Japanese Studies and studied abroad in Osaka, Japan. She is fluent in Mandarin Chinese and can speak business Japanese.
On September 30, China’s State Council released its finalized Network Data Security Management Regulations, set to take effect on January 1, 2025. The regulations are now the highest-level administrative guidance for implementing the Cybersecurity Law, the Data Security Law, and the Personal Information Protection Law.
Accessing China’s vast public procurement market continues to be difficult for US companies. Procurement issues appeared in this year’s list of top 10 challenges for USCBC members for only the third time in our survey’s history.
The 20th Central Committee of the Chinese Communist Party concluded its third plenum last Thursday in Beijing. Over the course of the meetings, senior party leaders deliberated a wide range of economic and social policy initiatives that will have lasting implications for companies operating in China.
Over the past few months, US Patent and Trademark Office Director Kathi Vidal made a visit to China, China’s IP authorities announced a series of work plans on enhancing IP protection through administrative measures, and judicial authorities released a number of “typical cases” to set referable rulings and guidelines for future judicial proceedings.
After six months of anticipation, the Cyberspace Administration of China (CAC) finalized the Provisions on Facilitating and Regulating Cross-Border Data Flow on March 22, representing a pivotal step in the evolution of China’s data governance landscape. The provisions serve as a final rule to the draft rule released in September 2023.