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Tianjin Vice-Mayor Receives AmCham China White Paper
Published on: 2018-06-08
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webwxgetmsgimg 4The American Chamber of Commerce in China, Tianjin Chapter (AmCham China, Tianjin) presented Tianjin Vice-Mayor, Zhao Haishan, with AmCham China’s American Business in China White Paper, wherein members express gratitude to the Chinese government for its efforts to improve the regulatory environment for American businesses in 2017.

webwxgetmsgimgHowever, the White Paper identifies key remaining challenges, including inconsistency in policy implementation and interpretation, uneven enforcement of laws, and a lack of clarity regarding new regulations.

webwxgetmsgimg 5AmCham China, calls for the Chinese government to continue its efforts to improve regulatory fairness, increase transparency, and enlarge investment in foreign companies on the basis of reciprocity.

377594580“US and Chinese policy makers pay close attention to the White Paper,” said William Zarit, Chairman of the American Chamber of Commerce in China. “This year the world’s two largest economies face some of their most significant bilateral challenges in the past 40 years: how to reconcile China’s government funding and protection of state-owned and state-influenced enterprises versus the American model based on market forces. The White Paper will help both sides better understand each other as the governments work toward solutions.”

webwxgetmsgimg 1This year’s White Paper was presented during AmCham China, Tianjin’s 2018 Government Appreciation Reception, where members coordinated with the local government to find innovative ways to highlight Tianjin’s culture and increase tourism. Member advocacy centered around where the government needed to invest its resources in order to effectively increase corporate interests in Tianjin.

webwxgetmsgimg 2AmCham China, Tianjin remains confident that the policies advocated for in this White Paper, and by members will lead to tangible benefits for American businesses in China in 2018.

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