energy

Rising Costs Continue to be a Challenge for US Companies in China

Eighty-nine percent of US-China Business Council (USCBC) member companies view rising costs as a top concern in the China market, according to USCBC’s 2017 Member Survey. Costs have been a top concern for China operations for more than a decade.

Labor is the top cost for companies

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Energy and Environment: Front and Center Ahead of UN Meetings

Following President Xi Jinping’s visit to the United States last month, the US and China announced a list of energy and environmental-related commitments aimed on cutting down on high-polluting, energy-intensive power and supporting the development of environmental technologies—presenting potential opportunities for companies in these sectors.

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How China’s Energy and Electricity Pricing Liberalization Impacts All Industries

President Xi Jinping called for an “energy revolution” in June 2014 aimed at improving energy efficiency through the establishment of a “market-oriented energy pricing mechanism.” One year later, the central government has made notable improvements toward liberalizing energy and electricity prices—which many USCBC member companies see as an important factor in allowing the market to play a greater role in China’s economy and creating a more competitive business environment.

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