The European Chamber published its annual Business Confidence Survey in early May. Respondents reported that alongside economic and geopolitical challenges, competition is also a key hurdle for their business in China.

In this episode, our host Gao Rui, senior marketing manager at the European Chamber, is joined by Jens Eskelund, president of the European Chamber, and Amy Niu, vice chair of Energy Working Group. They look at some of the survey’s findings related to competition and discuss challenges for European companies competing with Chinese counterparts, causes for increasingly fierce competition in China, as well as provide suggestions for companies.

What to listen for:

1:20 Competition environment in the Chinese market

4:15 Major challenges for European companies competing with Chinese companies

9:12 Demand situation in energy sector

12:35 Proposed measures to boost demand

15:43 Examples of the industries that are experiencing overcapacity

20:04 Effect of overcapacity on European companies operating in China, the Chinese economy and other countries

23:47 Outlook of competitive pressure facing European companies in China and suggestions for companies in China and considering entering the Chinese market

Contact:

We’d love to hear your feedback. Contact us at website@europeanchamber.com.cn.

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