The European Chamber is pleased to invite you to the next Non-Banking Financial Institutions Working Group meeting, “Updates on Cybersecurity and Data Protection in the Financial Services Sector.” It will be held on Tuesday, 19th December 15:00 - 16:00, at the European Chamber Shanghai office and online via Zoom.

• 2023-12-19 - 2023-12-19 | 15:00 - 16:00
• European Chamber Office Shanghai

How can French enterprises get a deeper understanding of the particularities and complexities of the Chinese market, so as to better adapt to and integrate in an era of digital transformation？How can Chinese companies fully understand and adapt to the French market, to better "go global" in an era of globalization? This forum will invite representatives from China and France’s governments, business communities, and academic circles to engage in in-depth discussions on these questions and more. In the process, they will promote bilateral business exchanges along with the stable and far-reaching development of Sino-French relations, jointly helping to write a new chapter of cooperation for the future.

• 2023-11-16 | 16:00 - 19:00
• China Europea International Business School (CEIBS)

Forum Background

The comprehensive strategic partnership between the European Union (EU) and China turns 20 this year. Over the past two decades the EU and China, two of the world’s leading economies, have engaged in mutually beneficial cooperation in a win-win manner and achieved significant success in fields such as politics, economy, culture, and science. As of the end of 2022, EU-China bilateral trade volume reached $847.3 billion, with each side the second-largest trading partner of the other. The stock of two-way investment between China and the EU has exceeded $230 billion, benefiting people on both sides and contributing greatly to world peace and economic prosperity.

Looking ahead, the two sides hold great potential for cooperation and share common interests in promoting economic growth and financial stability, coping with the energy crisis, curbing inflation, and pursuing green and digital transitions. As such, they have decided to set up a financial working group under the China-EU High-Level Economic and Trade Dialogue (HED) mechanism to strengthen cooperation in financial areas such as financial liberalisation, infrastructure, and regulation, as well as sustainable finance and fintech. However, some tension does exist within the relationship – EU authorities have recently opened an anti-subsidy investigation into Chinese electric car imports, for example.

• 2023-11-14 | 16:30 - 19:10
• CEIBS Shanghai Campus

The CFSTC is hoping to engage with members of the European Chamber’s Financial Services Working Groups to better understand foreign companies’ work on financial standardization as well as opinions of European companies operating in China on how China's national financial standards, industry standards, group standards and enterprise standards impact their daily work.

• 2020-12-22 | 09:00 - 11:00
• Either offline attendance in the office or online through Zoom

Compared with traditional commercial bank customers, consumer finance customers and auto finance customers have a higher credit risk: they are more vulnerable, and more likely to default and obtain bad personal credit records. At the same time, these customers might be unfamiliar or do not proactively seek the security net that insurance provides. Meanwhile, insurance groups and holding companies strive to bring synergies to their markets by cross-selling between life insurance, health insurance and P&C companies, which requires them to obtain the qualification of cross-selling each other’s products in China. Many foreign-owned insurance companies do not have this cross-selling qualification, and those that do have obtained it in the past only for selected business lines. Meanwhile, draft regulation for commercial banks to cross-sell insurance has been released. In addition, consumer finance companies and auto finance companies seek to act as insurance agents in the same way that banks do. To successfully compete in the market, insurance companies, consumer finance companies and auto finance companies must be enabled to apply for this qualification.

• 2020-12-09 | 16:30 - 17:45
• European Chamber Office, Shanghai

The European Chamber is pleased to invite you to join the Business Delegation Visit to Zhejiang Province with a tentative date of Wednesday, 25th November 2020.

• 2020-11-25 | 10:00 - 18:00
• Hangzhou, address be shared prior to the event

The European Chamber’s Financial Services Working Groups are delighted to invite you to the Joint Working Group Meeting “CF40/CASS Report Presentation on Foreign Perspectives of China’s Financial Opening Up” which is to take place on Tuesday 24th November 2020, 16:00-17:30 pm.

Register online or email Pablo Galvez at pgalvez@europeanchamber.com.cn (Shanghai) before Friday 20th November, COB. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes the day before. You may also attend in person at Shanghai office. Please send an email to pgalvez@europeanchamber.com.cn if your preference is in person attendance.
During August, the European Chamber, along with the US-China Business Council and the Japan External Trade Organization (JETRO), participated in an anonymous survey based on an annual research project financed by the influential Chinese think tank CF40 (China Finance 40 Forum) and conducted by CASS (the Chinese Academy of Social Sciences). This year the project was focused on shedding light on the difference in perceptions between China’s regulators and foreign financial institutions when it comes to the opening up, underlining that there is a big gap. On one hand, China’s officials think they make great efforts to push forward the financial opening. On the other hand, foreign financial institutions feel limited improvement and wish the opening could bring more impactful changes.

On this basis, CASS has now published the report at the second Shanghai Bund Summit and are delighted to share the results with members of the European Chamber’s Financial Services Working Groups. At this meeting, Mr. Qiyuan Xu, Senior fellow, Head of Economic Development Department and Deputy Director of RCIF (Research Center of International Finance) at CASS will present the report.

• 2020-11-24 | 16:00 - 17:30
• Either offline attendance in the Chamber's office or online through Zoom

The US-China relation has been in turmoil as of recent. The trade war gave way to the US-China Phase One Trade Deal which has helped accelerate some opening in the financial services sector. However, as the relationship is further subjected to a lot of strain, doubts remain in the horizon about what fruits will bear this tension and what impact will the financial services sector take. This event tries to tackle this and much more, explaining in detail possible scenarios that we need to consider and be ready for. To present a detailed picture of the situation we will count with the expertise of Michael Hirson who leads Eurasia's Group's coverage of China.
Register here online or email Pablo Galvez at pgalvez@europeanchamber.com before Sunday, 28 June, COB. For Shanghai, you can either attend the event offline at the office or online through Zoom. Let me know whether you would like to attend it offline or online. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes.

• 2020-06-29 | 09:00 - 10:30
• Either offline attendance in the Chamber's office or online through Zoom

At this meeting, Andrew Polk, Co-Founder and Partner, Trivium and Long Chen, Co-Founder and Partner, Plenum will present their understanding of the opening up of the Chinese financial sectors, and the great uncertainty seen in the first half of 2020. They will also offer their insight on how consumer finance and insurance providers and banks can navigate the current hybrid regulatory environment.

• 2020-06-17 | 09:00 - 10:30
• Zoom meeting (online or via call in) /European Chamber Office Shanghai, Unit 2204,

At this working group meeting, Ricky Xue, Partner at PwC China, China Tax and Business Advisory, will share an overview of the primary tactics for cash repatriation and workable, China-focused solutions from foreign exchange, tax, and commercial perspectives.

• 2020-06-05 - 2020-06-05 | 10:30 - 11:30
• European Chamber Shanghai Office, European Chamber Beijing Office, Zoom