Fourth plenum sessions are traditionally opportunities for China’s leadership to discuss administrative and ideological strategies and engage in party-building measures. This Fourth Plenum kicked off in Beijing on 20th October and ends with a declaration on 23rd October. Rule of law is for the first time the centerpiece of the agenda and policymakers are expected to focus on consolidating anti-graft efforts in addition to ensuring economic stability by accelerating reforms.
The Fourth Plenum will likely provide some insight into the implementation of future Chinese reform measures and how Xi Jinping plans to bring sustainable accountability into the government. With a focus on the rule of law and hints that the constitution may be back on the agenda, the Party meeting could touch upon issues ranging from judicial reform to systemizing anti-corruption measures to economic and legislative changes.
In this year’s European Business Confidence Survey, European Chamber members ranked ‘Unpredictable Legislative Environment’ and ‘Discretionary enforcement of laws and regulations’ at the top of the regulatory obstacles they encounter in doing business in China. Strengthening the rule of law is likely to address the core issue and increase legal predictability and certainty to the benefit of foreign companies doing business in China.
We are delighted to welcome James McGregor, Chairman of APCO Greater China, to analyse the outcome of the 4th Plenum and explain the impact of the decisions on European business in China.
Agenda
08.30-09.00 Registration
09.00-09.10 Welcome Remarks, Ioana Kraft, General Manager, European Chamber Shanghai
09.10-10.00 Presentation, James McGregor
10.00-10.30 Q&A