USCBC 2017 Congressional District Export Report
The US-China Business Council’s 2017 reports on state and congressional district exports are out and their findings are clear – though China’s economic growth rate is slowing, it remains an important market for US exports and continues to provide growing...
USCBC Hosts Business Roundtable with Zhejiang Party Secretary Che Jun
Zhejiang Province Party Secretary Che Jun and a large delegation of Zhejiang officials and business representatives met with US-China Business Council (USCBC) members in Washington, DC, on August 25 to discuss trade and investment opportunities. The delegation included senior representatives...
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,...
LGBTQ+ in the Chinese Workplace: Fostering an Inclusive Environment
As awareness of LGBTQ+ issues in China rises, employers are facing newfound scrutiny over their treatment of sexual minorities. Employers have the opportunity to establish safe work environments for LGBTQ+ employees, and become leaders in China’s changing social climate. Doing...
One Belt One Road Initiative: Its Meaning and Significance
The “One Belt One Road” (OBOR) initiative, first announced in 2013 by Chinese President Xi Jinping, is an extremely ambitious and far-reaching initiative with significant potential to improve the social and economic structure in Asia, Europe, and northeastern Africa, where...
Officials Reverse Course on Cross-border Ecommerce
Providing a small amount of stability in a year of significant changes for cross-border ecommerce, the Chinese government recently halted a move to increase regulation — and costs — of foreign goods purchased online by consumers in China. Observers believe...
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.
Hong Kong Announces Changes to Beneficial Ownership Regime
Hong Kong’s Financial Services and Treasury Bureau (FSTB) recently issued a consultation document on amending the Companies Ordinance law. If the amendment proposal is approved, companies incorporated in Hong Kong will need to identify their beneficial owners and register with...
USCBC hosts Comprehensive Economic Dialogue (CED) Luncheon
On July 18th, the US-China Business Council, the U.S. Chamber of Commerce, and the China General Chamber of Commerce - USA hosted a reception and luncheon in honor of His Excellency Wang Yang, vice premier of the People's Republic of...
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...