The Peterson Institute for International Economics (PIIE) and the China Development Research Foundation (CDRF) held a conference to discuss the results of their parallel research projects "Toward a US-China Bilateral Investment Treaty" (BIT) on February 10, 2015, at PIIE. Jeffrey J. Schott, PIIE, chaired panel II, "Services, Manufacturing, and the Impact of BITs." The panelists were: HAN Bing, Chinese Academy of Social Sciences; J. Bradford Jensen, PIIE and Georgetown University; and ZHANG Fan, Peking University. For more information, visit: www.piie.com/events/event_detail.cfm?EventID=372