Roundtable with Zhejiang Provincial Government Authorities

2022-06-09 | Shanghai

Roundtable with Zhejiang Provincial Government Authorities

On 9th June, European Chamber Shanghai Chapter General Manager Dr Ioana Kraft, together with five member company representatives, joined a virtual roundtable dialogue hosted by Shi Qiqi, Deputy Director General of Zhejiang Department of Commerce, aiming to stabilise and boost confidence of foreign investment through government industry dialogue, timely update the latest policies, and address the issues encountered by foreign companies. The meeting was joined by various authorities from Zhejiang provincial government including Zhejiang Provincial Tax Service, State Taxation Administration, Provincial Economy and Information Technology Department, Human Resources and Social Security Department, Transportation Department, Health Commission, Market Supervision Administration, Energy Department, Medical Product Administration etc.

Shi Qiqi, Deputy Director General thanked the support from foreign chambers and foreign companies. At the end of May, the province has issued the implementation plan for Zhejiang Province to implement the package of policies and measures of the State Council to stabilise the economy and accelerate the promotion of major foreign-funded projects. In the next step, Zhejiang will establish and improve a long-term working mechanism to provide all-round services to foreign invested enterprises. Dr Kraft appreciated all the support from Zhejiang provincial government to European companies and Zhejiang Department of Commerce for arranging the roundtable dialogue to help address the challenges, at the same stressing that European companies are still facing logistical bottlenecks. Business travel and foreign direct investment have been delayed due to the pandemic and companies still face issues regarding interprovincial domestic travel and stringent quarantine requirements. The Chamber welcomed the announcement that Zhejiang province will waive the quarantine requirement for travelers from Shanghai’s low risk areas and hoped that the policies will be implemented in every city in a consistent manner, so that companies can again benefit from the interconnectedness of the YRD region. Dr Kraft also expressed the interest of further exchanges and dialogues with Zhejiang Province Government and various departments presented in the meeting.