 | |
| Formation | 1973 |
|---|---|
| Founded at | Washington D.C. |
| Type | 501(c)(6) organization |
| 23-7275160 | |
President | Craig B. Allen |
Chairperson | Tom Linebarger |
| Website | www |
Formerly called | National Council for US-China Trade |
| [1] [2] | |
The US-China Business Council (USCBC) is a 501(c)(6) nonprofit organization whose stated goal is promoting trade between the United States and China. It comprises around 200 American companies that trade and do business with China.
The council was founded in 1973 with the support of the White House, the Department of State and the Department of Commerce as the National Council for United States-China Trade. Frederick B. Dent, the then United States Secretary of Commerce, compiled an executive committee for the council out of several prominent business leaders. [3]
The executive committee first met on March 22, 1973, to begin the formation of the council, with the executive committee members being the first Board of Directors. Donald C. Burnham, of Westinghouse Corporation, took the post of chairman and the Board elected Christopher H. Phillips to be the first president. [3] Phillips would serve as president of the council until his retirement in 1986. [4]
In the first year, the Council attracted 200 members and, by 1982, this had grown to 400 members. [3] In 1974, the council began the publishing of the China Business Review , a journal aimed at American companies trying to enter the Chinese market and in 1979, the Council opened an office in Beijing. [5] [6]
A 2021 report by the Foundation for Defense of Democracies identified USCBC as a key facilitator of Beijing's efforts to carry out its campaign of subnational influence in and against the United States. [7]
In 2022, the US-China Business Council lobbied against legislation to screen of outbound U.S. investments for potential national security issues. [8] The council has also expressed concern about the implementation of the Uyghur Forced Labor Prevention Act. [9]
In 2023, the US-China Business Council and the National Committee on United States–China Relations hosted a banquet with Xi Jinping for US business executives during the APEC United States 2023 meeting. [10] [11] The banquet drew questions from media about attendees and criticism from the United States House Select Committee on Strategic Competition between the United States and the Chinese Communist Party. [12] [13]
The council has many member companies including 3M, Adobe Systems Inc., Apple Inc., Amazon, Bank of America, Coca-Cola, The Walt Disney Company, Gap Inc. and Walmart. [14]
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The General Secretary of the Central Committee of the Chinese Communist Party is the head of the Chinese Communist Party (CCP), the sole ruling party of the People's Republic of China (PRC). Since 1989, the CCP general secretary has been the paramount leader of the PRC.
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The National Committee on United States China Relations (NCUSCR) is a nonprofit organization and advisory body founded in 1966 to encourage understanding and cooperation between the United States and China. Since 1966, the committee has conducted exchanges, educational, and policy activities in the areas of politics and security, education, governance and civil society, economic cooperation, media, and transnational issues, addressing these topics with respect to Mainland China, Hong Kong, and Taiwan.
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The National Security Commission is a commission of the Central Committee of the Chinese Communist Party (CCP) responsible for national security work and coordination.
Liu He (simplified Chinese: 刘鹤; traditional Chinese: 劉鶴; pinyin: Liú Hè; Wade–Giles: Liu2 Ho4; lit. 'Liu Crane'; born 25 January 1952) is a Chinese economist and retired politician who served as a vice premier of the People's Republic of China from 2018 to 2023. Additionally, he served as the director of the Office serving the Central Financial and Economic Affairs Commission of the Chinese Communist Party (CCP) from 2013 to 2023, the director of the Financial Stability and Development Committee from 2017 to 2023, as well as a member of the Politburo of the Chinese Communist Party from 2017 to 2022.
Made in China 2025 is a national strategic plan and industrial policy of the Chinese Communist Party (CCP) to further develop the manufacturing sector of China, issued by CCP general secretary Xi Jinping and Chinese Premier Li Keqiang's cabinet in May 2015. As part of the Thirteenth and Fourteenth Five-year Plans, China aims to move away from being the "world's factory"—a producer of cheap low-tech goods facilitated by lower labour costs and supply chain advantages. The industrial policy aims to upgrade the manufacturing capabilities of Chinese industries, growing from labor-intensive workshops into a more technology-intensive powerhouse.
Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, commonly abbreviated outside China as Xi Jinping Thought, is an ideological doctrine created during General Secretary Xi Jinping's leadership of the Chinese Communist Party (CCP) that combines Chinese Marxism and national rejuvenation. According to the CCP, Xi Jinping Thought "builds on and further enriches" previous party ideologies and has also been called as the "Marxism of contemporary China and of the 21st century". The theory's main elements are summarized in the ten affirmations, the fourteen commitments, and the thirteen areas of achievements.
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The Republican wrote to the US-China Business Council and National Committee on US-China Relations demanding the organizers provide details of the guest list, funding and profits. Neither group responded to Bloomberg's request for comment on the dinner.
| Authority control databases: National |
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