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          Business / Economy

          Creating a more open business environment

          By Chen Xu (China Daily) Updated: 2015-09-25 10:31

          CGCC upgrades its website on a yearly basis, aiming to provide user-friendly online information search experiences to members and to the public.

          We also make constant improvements to our internal monthly newsletter, which provides the latest news, findings and commentaries to members.

          Our organization is a platform where our members' interests converge. On behalf of CGCC members, we feel obliged to deliver integrated voices, collective attitudes and progressive appeals.

          To better facilitate this mission, CGCC has recently started a number of initiatives to strengthen our unity.

          We have launched a whitepaper project, a public policy publication that overviews China-US economic development, trends and regulatory challenges faced by Chinese companies.

          We have conducted business environment surveys to provide firsthand critical evaluation of the US market.

          These two projects will help both countries better understand what Chinese companies are doing, how they are doing it and how confident they feel about the US economy.

          In 2014, CGCC established the CGCC Foundation, a charitable organization affiliated with the China General Chamber of Commerce-USA. It is dedicated to fulfilling social responsibilities, giving back to local communities and enhancing mutual understanding between people in China and the US.

          The CGCC Foundation is actively involved in charitable, educational and cultural exchange programs to benefit society.

          Since its establishment, it has supported multiple charitable programs including the Pediatrics Foundation Programs in China, 100,000 Strong Scholarship Program, and the China National Peking Opera Co programs.

          Born with such missions, CGCC has grown from a small organization 10 years ago with less than 100 members, to today a well-functioning chamber with more than 1,000 members, six regional chapters, and seven industrial committees. The investments of CGCC's members account for more than 60 percent of the entire investment volume of China to the US.

          Moving forward, despite challenges, CGCC and its members will work together with their US partners, to create new business opportunities, to develop more membership programs and benefits, to foster better community development, and to bring significant impact on the global economy.

          The author is chairman of China General Chamber of Commerce-USA; president & CEO of Bank of China USA.

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