National News
Member Update July 2023: Tax exemption for non-cash benefits for foreign nationals set to expire by end of 2023
To update European Chamber members on the tax exemption for non-cash benefits for foreign nationals set to expire by end of 2023.
Read moreEuropean Chamber Advocates for Sustainable Strategies to Solve Power Supply Issues
Based on feedback from the Chamber’s Energy Working Group, many member companies have already taken steps to optimise their energy efficiency to cope with potential load reductions in 2023, as heat waves sweep through China.
Read moreEuropean Chamber Members Elect Jens Eskelund President and Select a New Executive Committee
On 24th May, the European Union Chamber of Commerce in China’s Annual General Meeting (AGM) took place in Beijing, during which the Chamber’s leadership was elected for the next two years. Jens Eskelund was elected to serve as president.
Read moreMeeting with European Commission President von der Leyen
On Thursday 6th April, European Commission President Ursula von der Leyen invited European Chamber President Joerg Wuttke and six other European Chamber C-level representatives to provide a briefing on the business environment in China.
Read moreEurope says China's latest bid to join procurement agreement "highly disappointing"
China's proposed terms to join a global agreement on government purchases are "highly disappointing" and cover only 2-3 percent of its public procurement market, a European Union trade lobby group said on Thursday.
The future of foreign investment
European industry, in general, is doing well in China. Our profits and revenues in most industry sectors continue to grow and are reaching levels comparable to other regions in the world. The strategic importance of China for our companies is increasing and our investments have brought major benefits to the Chinese economy and Chinese society. These are important points to make, but this success story all too often gets lost regulatory complaints and, increasingly frequently, in trade disputes because there still remains a dormant potential to massively grow the scope of this mutual benefit.
Read moreAnalysts View: Chinese Communist Party unveils new leadership
China's ruling Communist Party unveiled its new seven-man Politburo Standing Committee on Thursday, confirming Xi Jinping's elevation to the no. 1 spot in the line-up and the end of Hu Jintao's 10 years as party boss.
China must allow more competition
As the Chinese Communist Party is choosing its new leaders for the next decade, the president of the European Chamber of Commerce in China (ECCC) calls on Beijing to open further the country’s market to foreign companies. Davide Cucino’s tells Europolitics why the Asian giant must open up its market if it wants to achieve sustainable long-term growth. The ECCC’s head is also cautious regarding a possible EU-China free trade agreement (FTA).
The State Advances-The State's Grip on the Economy Has Been Tightening. Could Foreign Pressure Persuade the New Leadership to Reverse Course?
DURING one recent weekend in Shanghai, an enthusiastic crowd of several hundred entrepreneurs gathered in a trendy loft space near the city’s Fudan University. The music was blaring, the lampposts were festooned and a giant banner declared cryptically, in English: “Right here, right now!”
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