Category: China ShortCuts

9th August 2023: China’s foreign trade declining further in July

This episode contains segments on the accelerating decline of China’s foreign trade; on the phone call between High Representative of the EU for Foreign Affairs and Security Policy, Josep Borrell and Chinese Foreign Minister Wang Yi with the former invited to visit Beijing this autumn; on the 26 new measures announced by China’s Ministry of Public Security to improve the work of China’s public security organs, as well as on the 28 measures jointly released by the NDRC and several ministries to support the private sector. From the Chamber’s side: join the European Chamber’s event on 17th August in Shanghai to find out what industry experts think about China’s prospects in renewable energy.

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2nd August 2023: China’s new policy incentives to encourage domestic consumption

This episode contains segments on China’s new policy incentives to encourage domestic consumption; on China’s official manufacturing PMI that contracted in July amid weak demand with the employment subindex dropping to the lowest level since January; on profits at larger industrial firms in China that dropped 16.8 per cent in the first half of 2023 compared the same period last year; and on Italy confirming its intention to leave China’s Belt and Road Initiative. From the Chamber side: join the European Chamber’s Cybersecurity Conference 2023 on 8th August to hear industry experts’ insights on the future of China’s data flow security landscape and possible solutions for all relevant parties.

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26th July 2023: China’s pledges to promote private businesses and investment, policy and law briefing by MOFCOM

This episode contains segments on China’s recent pledges to promote the development of private businesses and private investment; a briefing session for the foreign business community on recent laws and policies, including cross-border data transfer, the Anti-Espionage Law and export controls organised by China’s Ministry of Commerce and the announcements by Chinese mobile payment platforms WeChat Pay and Alipay that they would expand their services to international travellers. From the Chamber’s side, the third edition of the EU-China Green Development Series will be held on 4th Aug, during which prominent experts will share their insights on mapping the common ground for EU-China ESG investment standards.

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19th July 2023: China’s Q2 GDP growth and other economic indicators

This episode contains segments on China’s Q2 GDP growth data and other economic indicators, such as industrial production, retail sales and foreign trade data from the first half of 2023 and June. China’s industrial production expanded 4.4% in June but the increase in retail sales dropped; the total value of China’s exports fell at the steepest rate in over three years in June, while the value of imports declined for the eighth consecutive month; the German Federal Government released its first strategy on China on 13th July. From the Chamber side, on 13th July, the Institute of European Studies of the Chinese Academy of Social Sciences and the Beijing Municipal Commission of Development and Reform held a roundtable with the European Chamber and its member companies to understand the current situation of European business in Beijing.

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12th July 2023: Ministry of Commerce roundtable, China-EU Climate Dialogue

This episode contains roundtable discussion with foreign companies in healthcare-related industries held by the Ministry of Commerce, with comments from Annie Yin, chair of the European Chamber’s Healthcare Equipment working group; the fourth China-EU High Level Dialogue on Environment and Climate in Beijing; China’s producer and consumer price index in June; and a symposium on economic situation chaired by Chinese Premier Li Qiang. From the Chamber side, President Jens Eskelund went on a two-day visit to Brussels to meet European stakeholders.

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5th July 2023: European Council conclusions on China, Foreign Relations Law, PMI in June

This episode contains the European Council conclusions on the EU’s relations with China; the newly adopted Law on Foreign Relations of the People’s Republic of China; the official purchasing managers’ index (PMI) and the Caixin China General Manufacturing PMI in June. From the Chamber side, join the next session in the Insight China series on 13th July to hear from Professors Daniel A. Bell and Yao Yang on the influence of Confucianism on modern Chinese politics.

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28th June 2023: holiday tourism data, Premier’s visit to France, industrial profits

This episode covers the tourism data during the Dragon Boat Festival; Chinese Premier Li Qiang’s visit to German and France; profits of China’s larger industrial firms in the first five months of 2023; and heat waves putting pressure on China’s power supply. From the Chamber side, the latest issue of EURObiz on Environmental, Social and Governance or ESG is released and available to download.

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21st June 2023: economic and unemployment data in May, Premier’s visit to Europe

This episode covers industrial production, retail sales and unemployment data in May; foreign direct investment (FDI) in China in the first five months of 2023; and Chinese Premier Li Qiang’s visit to Germany. From the Chamber side, the Business Confidence Survey 2023 was released on 21st June and is available to download here.

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14th June 2023: producer and consumer indexes in May, renewable energy

This episode covers China’s producer and consumer prices indexes in May; a European Council on Foreign Relations report on where European member states’ stand in a potential US-China conflict; installed capacity of non-fossil fuel energy sources in China; and a new series of measures on reducing costs for companies. From the Chamber side, join the launch of the Business Confidence Survey 2023 on 21st June to find out how business assess the operating conditions in China.

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7th June 2023: import and export in May, Caixin PMI, local government debt

This episode contains China’s import and export data in May; China-European Business Forum organised by the Tianjin Municipal Government, with comments from Christoph Schrempp, chair of the European Chamber’s Tianjin Chapter; manufacturing and services activity data in May released by Caixin; and Rhodium Group’s report on local government debt and China’s economic growth prospect. From the Chamber side, join the event on 13th June on the latest status and trends of COVID-19 in China and hear from experts about health and HR advice.

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