This report discusses the successes and challenges to effective
regulation in China, outlining the major advances made in implementing effective energy efficiency programs in the past several years. These include targeted programs for both large and small enterprises, specific goals for government officials,
and the development of energy statistics infrastructure. It also addresses U.S. competitiveness concerns in relation to the introduction of U.S. cap-and-trade policies, and specific opportunities for enhanced climate change cooperation between
the two countries.