Category: Operations

Company operations of businesses with offices in China

Shanghai CHOPS Conference 2017

On behalf of all of us at the US-China Business Council, we would like to thank our member companies for their generous support of USCBC’s Shanghai CHOPS Conference 2017, held on November 30th at the Shanghai Hilton. The Shanghai China...

/ December 7, 2017

IT Solutions: Improving Efficiency, Accuracy and Transparency in Payroll Processing in China

The digitization of business functions is not a new phenomenon, particularly in developed economies. However, the adoption of technology for HR and payroll processes in developing countries such as China is far less common. Arguably, it is in these countries...

/ November 29, 2017

Healthcare Series Part 1: Reimbursement Drug Lists

Recently announced provincial reimbursement drug lists (PRDLs) provide possible new opportunities for US pharmaceutical companies seeking to expand market reach for their drugs in China. These updated subnational lists largely reflect the national reimbursement drug list (NRDL), which was released...

/ November 1, 2017

China Work Visa: Unified Work Permit Benefits Foreigners

In an effort to attract more foreign talents, the State Administration of Foreign Experts Affairs (SAFEA) has quickened reform to make it easier for foreigners to apply for China’s work visa. Effective on April 1, 2017, the SAFEA rolled out...

Individual Income Tax for Expats in China

China’s Individual Income Tax (IIT) Law stipulates that all individuals working and deriving income from within the territory of China are subject to IIT. While Chinese nationals are taxed on all income sourced both domestically and overseas, non-Chinese nationals are...

Shanghai Revises Minimum Wage and Social Insurance Contribution Rates

The Shanghai Municipal Bureau of Human Resources & Social Security recently released its annual minimum wage adjustments for 2017, as well as the associated changes to employee benefits. The adjustments, which came into effect on April 1, affect minimum wages,...

/ August 30, 2017

Minimizing Headaches During China Investigations

Any company with more than a small presence in China will likely need to conduct an internal investigation in China at some point. Companies can take certain steps to minimize headaches when such an investigation is needed.

/ August 2, 2017

USCBC 2017 State Export Report

The US-China Business Council’s (USCBC) annual report on state exports shows that China continues to be an important destination for American goods and a significant contributor to US economic growth. "Since 2005, USCBC data reveals that US exports to China...

/ July 12, 2017

China’s Official Statistics

Recently, several media sources reported that Liaoning province had been fabricating its economic data from 2011 to 2014. As reported by the state-run People’s Daily newspaper, city- and county-level governments altered economic data, including exaggerating their fiscal revenues by at...

/ July 5, 2017

Asian Female Senior Execs in Multinational Firms Confined to Regional Roles

As the shortage in the Asian executive talent pipeline continues to pose a major business challenge for multinational companies, a majority of female Asian leaders at multinational corporations feel trapped in regional roles, according to a new study by Heidrick...

/ June 28, 2017