Southwest China Chapter Launched European Business in China Position Paper 2024/2025 Go back »
2024-11-28 | Southwest China
On 28th November, the Southwest China Chapter of European Chamber launched its European Business in China Position Paper 2024/2025 (Position Paper 2024/2025). The report focusses on the urgent need for the Chinese authorities to follow through on reform pledges announced in the past year, with business confidence now at an all-time low.
The Position Paper 2024/2025 details the challenges faced by European companies operating in China and provides more than 1,000 constructive recommendations to the Chinese Government on how they can be resolved. It provides a blueprint for rebuilding business confidence in the Chinese market and restoring it as the preferred destination for global investment.
“For a growing number of companies, a tipping point has been reached, with investors now scrutinising their China operations more closely as the challenges of doing business are beginning to outweigh the returns,” said Jens Eskelund, president of the European Chamber. “While China still holds significant potential, this situation urgently requires more action from the Chinese Government, not more action plans.”
A panel discussion was held during the event as well. Chen Fu, chairman of Qingyang District CPPCC introduced the industrial policy and investment environment to the guests. The Chairman warmly welcomes foreign enterprises to invest and develop in Qingyang District of Chengdu City. Brian Hawthorn Agnew, general manager of Airbus Lifecycle Services shared the reasons for investing in Chengdu. The strong support from the local government is the important one. Raquel Ramirez and Dieter Vanonckelen, board members of the Southwest China Chapter of the Chamber discussed about small and medium-sized enterprises’(SMEs’) developing situation in Southwest area. One of the key issues is how to attract senior talents. More details, please click here.