Category: China ShortCuts

10th April 2024: New measures on optimising foreign exchange business processes

This episode contains segments on:

  • State Administration of Foreign Exchange circular on optimising the administration of foreign exchange business;
  • US Treasury Secretary Yellen’s visit to China;
  • SME development index in the first quarter of 2024;
  • Qingming Festival holiday domestic tourism data.

From the Chamber’s side, on 9th April, a delegation met with Ana Gallego Torres, Director-General of the European Commission’s Directorate-General for Justice and Consumers in Hangzhou.

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3rd April 2024: China’s net FDI in 2023

This episode contains segments on:

  • China’s net foreign direct investment in 2023;
  • China’s official purchasing managers index (PMI) in March;
  • Caixin China general manufacturing PMI in March;
  • Profits at larger industrial companies in China in January and February.

From the Chamber’s side, an advocacy success has been achieved in food industry. Packaging requirements for five special dietary food categories are optimised following the Chamber’s recommendations.

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27th March 2024: China’s New Rules for Cross-border Data Transfer

This episode contains segments on:

  • Final version of the Provisions on Regulating and Promoting Cross-border Data Flows;
  • Actual use of foreign direct investment in January and February;
  • State Council’s action plan to attract foreign investment;
  • China Development Forum 2024.

Also, listeners are invited to attend the half-day Sports Summit in Shanghai on 9th April, to analyse various aspects of the fast-developing sports landscape in China.

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20th March 2024: Chamber Presidents on economic risk management

On 20th March, the European Chamber in partnership with China Macro Group published the report Riskful Thinking: Navigating the Politics of Economic Security. In the special edition, we have asked the European Chamber’s current president Jens Eskelund and three former presidents Joerg Wuttke, Mats Harborn and Davide Cucino to share their insights on the topic of risk management from the perspectives of business and policy.

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13th March 2024 : China’s Foreign Trade Data

This episode contains segments on:

  • China’s foreign trade data in January and February;
  • Visa-free travel trial to more European countries;
  • Producer price index and consumer price index in February.

Also, listeners are invited to attend the launch of the Chamber’s latest publication, dedicated to the topic of risk management at both the political and corporate level, in Beijing on 20th March.

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6th March 2024: The Government work report on foreign investment

This episode contains segments on:

  • the government work report 2024 on foreign investment;
  • the purchasing managers’ index in February;
  • EU-China trade in goods in 2023;
  • the mobile payment limits for foreign visitors.

From the Chamber’s side, on 4th March, President Jens Eskelund met with Dutch Minister Geoffrey van Leeuwen for Foreign Trade and Development Cooperation.

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28th February 2024: Economic priorities for 2024

This episode contains segments on:

  • the recent State Council executive meeting on economic priorities for 2024;
  • the twelfth EU-China Industrial Policy Dialogue;
  • the 2023 report of Office of the United States Trade Representative on China’s WTO compliance and
  • the revised Law on Guarding State Secrets.

From the Chamber’s side: join us on 7th March online or in person in Shanghai to hear influential business leaders’ insights on closing the gender gap and guidance to those seeking to advance in their careers.

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7th February 2024: IMF and OECD forecasts for China’s GDP growth

This episode contains segments on the latest forecasts by the IMF and the OECD for China’s GDP growth; on the State Council’s new, temporary regulations for carbon emmission trading and on the Rhodium Group’s note on the lack of clarity on China’s economic policymaking. From the Chamber’s side: a Chamber delegation led by President Eskelund met with Zhao Shitong, assistant minister of the International Department of the Communist Party of China; and a reminder for all our eligible members to complete the Business Confidence Survey 2024 before it closes on 9th February.

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31th January 2024: EU-Guangzhou Business Dialogue

This episode contains segments on an implementation plan for piloting the comprehensive reform of Shanghai’s Pudong New Area; on 2023 profits at China’s larger industrial firms; on China’s official manufacturing purchasing managers’ index in January 2024 and on a quarterly report by the National Institution for Finance and Development on China’s macro leverage ratio. From the Chamber’s side, on 24th January, the European Chamber co-hosted the first EU-Guangzhou Business Dialogue, which it organised jointly with Guangzhou Municipal Bureau of Commerce and Huangpu District Government of Guangzhou focussing on addressing issues related to the city’s most recent policies for foreign companies, as well as challenges faced by the Chamber’s member companies operating in the Greater Bay Area.

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24th January 2024: Business Confidence Survey 2024

This episode contains segments on China’s 2023 inbound and outbound passenger flows and the number of its foreign residents; on China’s intention to extend its visa-free policy to two more European countries; on the country’s actual use of foreign direct investment in 2023; on the restart of trading of voluntary greenhouse gas emission reduction credits and on the declining number of privately-owned companies among of China’s top 100 listed firms. From the Chamber’s side: the Business Confidence Survey 2024 opened on 15th January to collect members’ feedback on China’s business environment.

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