Overcapacity in China: An Impediment to the Party’s Reform Agenda Go back »
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Time2016-02-22 | 14:30 - 16:00
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Venue:Four Seasons Hotel, 3rd Floor, Beijing Ballroom
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Address:
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Fee:Members: RMB 100 |
Non Members: RMB 400
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On 22nd February, 2016, the European Chamber of Commerce in China will release an updated study on overcapacity in China’s industrial economy. The report provides a detailed examination of the causes and consequences of serious overcapacity in eight important industries: crude steel, electrolytic aluminium, cement, refining, chemicals, flat glass, shipbuilding, and paper and paperboard. Based on our analysis, the European Chamber evaluates why, to date, the Chinese Government’s efforts to address overcapacity have failed and provides 30 recommendations—both direct and indirect measures—that should be taken to address this serious problem.
Overcapacity is a topic of long-standing interest to European Chamber members. In 2009, we were one of the very first organisations to publicly raise this topic in a major report. In the autumn of 2015, due to a notable deterioration of the situation, the Chamber decided to revisit the topic, examining subsequent developments that have taken place over the course of the last six and a half years. It is hoped that this new report will contribute to a sharpening of the aims and objectives of the soon-to-be-released 13th Five-Year Plan and the success of China’s 2016 presidency of the G20.
Agenda:
14:00 – 14:30 Registration and Coffee
14:30 – 14:35 Welcome Remarks
14:35 – 15:10 Presentation by Joerg Wuttke, President of European Chamber
15:10 – 16:00 Q&A Session moderated by Dr. Lance Noble, Policy and Communications Manager, European Chamber
16:00 Closing Remarks
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