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China Rail Maintenance Equipment Study Tour

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China Rail Maintenance Equipment Study Tour China Rail Maintenance Equipment Study Tour BUSINESS BRIEFING Thursday, May 2, 2019 Hyatt Centric Magnificent Mile Hotel • Chicago, IL CONNECT WITH USTDA AGENDA China Rail Maintenance Equipment Study Tour Business Briefing to U.S. Industry Hosted by the U.S. Trade and Development Agency (USTDA) Thursday, May 2, 2019 ____________________________________________________________________ 9:00 - 9:30 a.m. Registration - Lakeshore Ballroom 9:25 - 9:30 a.m. Administrative Remarks – KEA 9:30 - 9:40 a.m. Welcome and USTDA Overview by Ms. Alissa Lee, Country Manager for East Asia and the Indo-Pacific - USTDA 9:40 - 9:50 a.m. Comments by Mr. Dan Kim, Senior International Trade Specialist - U.S. Commercial Service, Chicago 9:50 a.m. - 12:15 p.m. Delegate Presentations 9:50 - 10:50 a.m. Presentation by Mr. Li Shenghua - Director of Track Maintenance Division - China Railway Wuhan 10:50 - 11:05 a.m. Questions and Answers 11:05 - 11:20 a.m. Tea/Coffee Break 11:20 - 11:50 a.m. Presentation by Mr. Liu Xiubo - Leader in the Field, Infrastructure Inspection Research Institute, China Academy of Railway Sciences Corp., Ltd. (CARS) 11:50 a.m. - 12:00 p.m. Questions and Answers 12:00 - 12:30 p.m. Introduction of Delegates 12:30 - 12:40 p.m. Introduction of U.S. Participants 12:45 - 1:45 p.m. Networking Luncheon - St. Clair Ballroom 2:00 - 4:00 p.m. One-on-One Meetings between Chinese delegates and U.S. Industry Representatives - Lakeshore Ballroom 4:30 p.m. End of Program LIST of DELEGATES LIST of DELEGATES 李育宏 张锦程 Mr. LI Yuhong Mr. ZHANG Jincheng Deputy Director-General Director Track Maintenance, Power Supply, Exchange and Cooperation Division, Telecommunication and Signaling Dept. International Cooperation Department China Railway (CR) China Railway (CR) No. 10 Fuxing Road, Haidian District, Beijing No. 10 Fuxing Road, Haidian District, Beijing 100844, China 100844, China Tel: +861051842085 Tel: +861051842855 Mobile: +8613893611152 Mobile: +8613681486487 [email protected] [email protected] 李明 高学东 Mr. LI Ming Assistant Mr. GAO Xuedong Track Alignment Division, Track Director Maintenance, Power Supply, Operation Control Division, Operation Telecommunication and Signaling Dept. Control Department China Railway (CR) China Railway (CR) No. 10 Fuxing Road, Haidian District, Beijing No. 10 Fuxing Road, Haidian District, Beijing 100844, China 100844, China Tel: +861051842535 Tel: +861051845512 [email protected] Mobile: +8613661338830 [email protected] 李文涛 Mr. LI Wentao 赵树安 Director Mr. ZHAO Shu’an Telecommunication & Signaling Division, Director Track Maintenance, Power Supply, Work Environment Safety Division, Safety Telecommunication and Signaling Dept. Inspection Department China Railway (CR) China Railway (CR) No. 10 Fuxing Road, Haidian District, Beijing No. 10 Fuxing Road, Haidian District, Beijing 100844, China 100844, China Tel: +861051847406 Tel: +861051844771 Mobile: +8615210262868 Mobile: +8613910626736 [email protected] [email protected] 李迎九 蔡培尧 Mr. LI Yingjiu Mr. CAI Peiyao Deputy Director-General Vice President Development and Reform Department China Railway Guangzhou Group Co., Ltd. China Railway (CR) No. 151 ZhongShan Yi Road, Guangzhou, No. 10 Fuxing Road, Haidian District, Beijing Guangdong, China 100844, China Tel: +862061329825 Tel: +8651841951 Mobile: +8618898816661 Mobile: +8613816130029 [email protected] [email protected] 练发胜 宋国亮 Mr. LIAN Fasheng Mr. SONG Guoliang Vice President Director China Railway Chengdu Group Co., Ltd. Track Maintenance Division, China Railway No. 11 Bei Er Duan 1st Ring Road, Chengdu, Shanghai Group Co., Ltd. Sichuan, China No. 80 TianMuDong Road, Jingan District, Tel: +862886432278 Shanghai, China Mobile: +8613639035399 Tel: +862151222915 [email protected] Mobile: +8615155265678 E-mail: none 朱定波 Mr. ZHU Dingbo 刘秀波 Director Mr. LIU Xiubo Track Maintenance Division, China Railway Leader in the Field Harbin Group Co., Ltd. Infrastructure Inspection Research Institute, No. 51 Xi Da Zhi Jie, Nangang District, China Academy of Railway Sciences Corp., Harbin, Heilongjiang, China Ltd. (CARS) Tel: +8645186422915 No. 2 DaLiuShu Road, Haidian District, Mobile: +8613936180699 Beijing, China [email protected] Tel: +861051893310 Mobile: +8613911234085 李盛华 [email protected] Mr. LI Shenghua Director 开祥宝 Track Maintenance Division, China Railway Mr. KAI Xiangbao Wuhan Group Co., Ltd. Leader in the Field No. 2 BaYi Road, Wuchang District, Wuhan, Signal and Communication Research Hubei, China Institute, China Academy of Railway Sciences Tel: +862751125915 Corp., Ltd. (CARS) Mobile: +8613971082528 No. 2 DaLiuShu Rd., Haidian District, [email protected] Beijing, China Tel: +861051849606 吕关仁 Mobile: +8613701137642 Mr. LYU Guanren [email protected] Leader in the Field Track Maintenance Division, China Railway ARWG Escort Jinan Group Co., Ltd. No. 2 Zhanqian Road, Tianqiao District, 彭爱群 Jinan, Shandong, China Ms. PENG Aiqun (Ida) Tel: +8653182426045 Senior Commercial Specialist/ARWG Mobile: +8613789822736 Executive Director [email protected] U.S. Embassy Commercial Section, China No. 55 An Jia Lou Road, Chaoyang District, Beijing, China 100600 Tel: +8610 85313947 Mobile: +8613501178266 [email protected] CHINA Country Commercial Guide Search: Doing Business in China Market Overview - Last Updated: 3/28/18 China’s economic and demographic scale make it a cannot miss market for many companies, but the country faces growing economic headwinds and American companies report increased pessimism about their prospects in the market. In 2016, China experienced its lowest economic growth rate in more than a quarter century with real GDP growth decelerating to 6.7%. Although economic indicators in late 2016 [and the first half of 2017] suggest a short-term cyclical upturn may be underway, many economists remain concerned about China’s medium-term prospects for economic growth due to the slow pace of economic reforms and a failure to bring corporate debt levels under control. China’s 13th Five-Year Plan (2016-2020) calls for ambitious policy reforms in order to “comprehensively build a moderately prosperous society” by doubling 2010 GDP and per capita incomes by 2020. This will require China to maintain an average of 6.5% annual GDP growth over the plan’s five-year period (2016-2020). Achieving this growth without further exacerbating the build-up in debt will be a major challenge for the Chinese leadership, requiring significant policy adjustments that could impede short-term growth and be opposed by powerful vested interests. U.S. good exports to China in 2016 were $115.8 billion, down slightly from the previous year. U.S. exports of services to China were an estimated $45.4 billion in 2015 (the latest data available), which is over 400% higher than 2005 levels and approximately 800% higher than the year prior to China’s WTO accession in 2001. The United States had a services trade surplus of approximately $37.4 billion in 2016, which is an increase of 25% from the previous year. While China’s leadership has, in response to increasing global concerns about Chinese economic policy, repeated long-standing commitments to gradually opening China’s market to foreign participants, little tangible progress has been made in recent years. Indeed, foreign companies report growing concerns about the business climate in China. China continues to rely upon industrial policy tools – including subsidies, market access restrictions, pressures to transfer technology, and other support for domestic competitors – to drive the economy, calling into question the ability of foreign firms to operate on a level playing field in the market. Furthermore, Communist Party control over SOEs, non-government organizations, and think tanks has increased over the last year. The United States continues to vigorously engage Chinese counterparts to push for a more balanced and fair bilateral economic relationship. Nevertheless, significant market potential exists for foreign companies, particularly those operating in industries such as energy efficiency, clean technology, and healthcare, where critical Chinese needs provide an opportunity for mutual benefit. Market Challenges China is a challenging place to do business. According to the American Chamber of Commerce in China (AmCham), in 2016, American businesses in China faced headwinds arising from slowing economic growth, inconsistent and generally unfavorable interpretation of regulation, growing pressures from domestic industrial policy, and rising costs of doing business. AmCham’s most recent member survey reported that 81 percent of respondents felt foreign businesses are less welcome in China than before. Likewise, less than three-quarters of U.S. China Business Council member companies have an optimistic five-year outlook, the lowest total over the past decade. Day to day business operations present a variety of obstacles. The World Bank in its Ease of Doing Business Report ranks China 78th out of 190 countries with respect to opening and running a business while complying with local regulations. For starting a business, the World Bank ranked China 127th, reporting that starting a business requires at least 11 procedures in Shanghai and Beijing that average more than 30 days to complete. Despite significant Chinese government efforts to streamline bureaucracy and reduce red tape, foreign companies continue to complain about administrative procedures, especially with respect to registration and licensing. China also continues to pursue industrial policies that seek to limit market access for imported
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