Beijing China Operations Conference 2014
China 2014: Implementation of Reforms and the Changing Business Landscape
The US-China Business Council (USCBC) is pleased to invite you to its spring conference on China operations. Held in Beijing once a year, this conference will bring together an elite group of speakers from government, business, and think tanks to discuss important new operating and policy developments affecting business in China. The event will also provide a valuable opportunity to network with executives from USCBC member companies. Sign up today!
Topics will cover:
- US-China Relationship in 2014: After a year of transition in lead bilateral negotiators for both the United States and China, 2014 has begun with a series of high-level bilateral meetings that have been characterized by a combination of tension and cooperation. With the Strategic and Economic Dialogue (S&ED) approaching this summer, members will hear from Chinese and US government leaders for their perspective of the bilateral relationship and their priorities for moving forward commercial relations in 2014.
- PRC Government Speaker: Jiang Shan (Confirmed), Director General, Americas and Oceania Department, Ministry of Commerce, will make his first speaking appearance with international business since entering his new role to discuss the present state of bilateral commercial relations and Chinese priorities for the S&ED.
- US Government Speaker: Dan Kritenbrink (Confirmed), Deputy Chief of Mission, United States Embassy, Beijing, will give an afternoon address on his perspective of US-China commercial and political relations and raising US priorities for bilateral dialogues in 2014.
- Economy: Analysis & Forecast: Chinese leaders have noted that economic reforms are entering a period of implementation. Companies across sectors have also begun to notice the economic slowdown in Q1 2014 and are wondering to what extent implementation of reforms will influence economic growth and the investment environment in China. Dorothy Dong, Managing Partner, Starr International Investment Advisors (Asia) Limited, will discuss the current conditions of China’s economy and trends to watch for investment in 2014.
- Reform, Decentralization, and Other Trends in Government Affairs: A key part of the government’s economic reform agenda includes the decentralization of authority for many business approvals. The increased focus on interactions with local government in the midst of a slowing economy has influenced the way government affairs is practiced in China. Changbo Bai, Vice President for Public Affairs & Communications, Coca-Cola China; Jeff Moon, Vice President for Asia Policy and Government Affairs, Cisco; and Ye Yu, President for China and Regional Director of Government and Public Affairs for North Asia, Hill & Knowlton, will discuss key trends in government affairs for 2014.
- Competition and Cooperation - Managing Relationships with Chinese Enterprise: Competition with domestic enterprise rose to the number two position of most concerning challenges identified by companies in USCBC’s most recent China operating environment survey. At the same time, USCBC members have profitable partnerships with both private and state-owned Chinese companies. Jim Taylor, President, ConocoPhillips China, and Ted Gizewski, General Manager and Assistant General Counsel, Microsoft China, will discuss their experiences managing relationships with Chinese companies and provide context on managing relationships with Chinese companies versus those in other regions.
- Discussion: Trends in PRC Antimonopoly Law (AML) Enforcement and Impact on International Industry: 2013 witnessed an unprecedented rise in pricing investigations by the National Development and Reform Commission (NDRC). At the same time, companies continue to struggle with lengthy approval processes for global mergers. These trends have caught the attention of the international business community with concerns being raised on government procedures and the potential impact on the general business and investment environment. Adrian Emch, Partner, Hogan Lovells International is a competition law expert in China and will offer his impression of the current AML enforcement environment. John Lenhart, Director and Chief Representative, USCBC, will also discuss recent USCBC research and analysis specific to NDRC pricing investigations.
8:30-9:00 am Registration
9:00 am-3:30 pm Conference program
This event is for members and invited guests of USCBC only. Registration is required. Cancellations for refunds must be received in writing by 5:00 pm, Friday, May 23 or registration will be charged. No-shows will be billed.
On May 28, the US-China Business Council (USCBC) hosted its annual China Operations Conference (CHOPS) in Beijing, featuring government and industry presentations on Sino-US commercial relations. US and Chinese government officials said that despite recent diplomatic tensions over cybersecurity, the economic relationship between the two countries remains strong and will continue to develop as the government moves forward with reforms.
Keynote speakers for the conference were Deputy Chief of Mission Dan Kritenbrink of the United States Embassy in Beijing and Director General Jiang Shan of the Ministry of Commerce’s Department of American and Oceanian Affairs. Both Kritenbrink and Jiang emphasized that the US-China relationship remains fundamentally strong, and that cooperation through dialogue will remain a cornerstone in maintaining a healthy state of affairs. Kritenbrink reinforced this point by pointing to the upcoming Strategic & Economic Dialogue (S&ED) and the US-China Joint Commission on Commerce and Trade (JCCT) in the fall, and that these discussions are to go ahead as scheduled.
Other CHOPs panelists discussed China’s government affairs landscape, its macroeconomic and investment environment, and cooperation between foreign and Chinese enterprises:
- Government affairs Panelists pointed to ongoing decentralization efforts as key to the streamlining of regional policies and management structures. Panelists also discussed non-uniform policy enforcement between regions and ways for companies to engage local officials.
- Macroeconomic and investment environment Panelists provided an overview of China’s current macroeconomic situation and investment environment. Topics included China’s recent economic slowdown, investment risks such as overcapacity and shadow banking, and new investment opportunities under the 12th Five Year Plan.
- Cooperation with Chinese enterprises Panelists provided case studies of contractual agreements between Western and Chinese firms, and gave examples of how Western firms and the global economy can benefit from these partnerships. Panelists also discussed how competition can be influenced by several factors, including uneven technological development between foreign and local firms, and government procurement plans.