Join CGCC Member Company EY for a 10-minute audio discussion in Chinese, “COVID-19 and Transfer Pricing: impacts and responses” (疫情对跨国企业转让定价的影响).

The Ministry of Finance and State Taxation Administration (STA) issued Public Notice [2020] No. 3 on Jan 17, 2020. This is a Public Notice regarding IIT regulation on non-China sourced income (“Public Notice 3”). Public Notice 3 stipulates relevant rules about how to report the non-China sourced income under the new Individual Income Tax (“IIT”) Law, which applies to tax year 2019 and onwards.

Social distancing doesn’t mean businesses need to compromise on building connections with sellers and buyers, or sharing knowledge and insights.

COVID-19 has changed life as we know it–and as we do everything we can to keep each other safe, our routines have fundamentally shifted. The necessary measures taken to manage the pandemic have disrupted the global economy and altered consumers’ expectations, habits, and purchasing behavior. This has resulted in new challenges to supply chains, fulfillment, physical stores, and for employees and customers.

The establishment of a new US-China economic relationship during the epidemic and the economic recovery after the epidemic are issues of great concern to all sectors of society in China and the United States. CGCC-Chicago held a webinar on June 11, 2020, with the topic of “Business Recovery During COVID-19”.

NEW YORK, NY- On Wednesday, January 8th, 2020, China General Chamber of Commerce – USA (CGCC) and CGCC Foundation, the largest non-profit organization representing Chinese investment in the United States, hosted the 2020 Lunar New Year Gala & 15th Anniversary Celebration at the New York Hilton Midtown in Manhattan.

NEW YORK – On November 21st, 2019, CGCC’s 15th Anniversary Photo Contest successfully came to a close. Organized by China General Chamber of Commerce-USA (CGCC) and CGCC Foundation, CGCC’s 15th Anniversary Photo Contest aimed to highlight the success and impact of Chinese investment and cooperation across America and the collaboration and friendship between Chinese businesses in the U.S. and their local American partners and communities.

On October 10th, China General Chamber of Commerce-USA (CGCC), CGCC Foundation and CGCC-Los Angeles hosted the “Chinese Investment in the U.S.: The Path Forward” in Los Angeles. About 150 guests from CGCC member companies, government officials, think tanks, and other organizations attended the event.

On September 17th, Xiao Yuqiang, CGCC Vice-chairman, Chairman of the US Management Committee of ICBC; Vivek K. Sarin, Interim Secretary of the Kentucky Cabinet for Economic Development and Jeff Liu, CGCC Board Director, President and CEO of Fuyao Group North America participated in a panel discussion focusing on Chinese Investment in the U.S. at the Vision China Forum: “China-US Relations: 40 Years and Beyond” held at the Asia Society in New York.

On September 17th, China General Chamber of Commerce – USA (CGCC) hosted a discussion of the documentary film, “American Factory,” which tells the story of the establishment of Fuyao Glass America’s auto glass factory in Moraine, Ohio. Held at the CGCC New York office, Jeff Liu, CGCC Board Director and President and CEO of Fuyao Group North America discussed the documentary and shared his experiences with other CGCC members and the media.