Archive

19
Dec

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
Members only

The European Chamber is pleased to invite you to the next Insurance Working Group Meeting. It will be held on Thursday, 14th December, 10:30am – 12:00pm, at the European Chamber Beijing office as well as online via Zoom.

  • 2023-12-14 - 2023-12-14 | 10:30 - 12:00
  • European Chamber Office Beijing, 5th Floor, Room C405
Members only

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)
Members only
14
Nov
Shanghai > Other

The 9th Europe Forum 2023 - Brussels

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
Members only

The European Chamber is happy to invite you to the kick-off meeting of the Insurance Working Group (Insurance WG) which will take place on Friday 7th April from 15:00 to 16:30 online.

The main topics for this meeting will be the revision of the activities of the WG in 2022, as well as the establishment of the WG priorities for 2023 and the discussion on the upcoming Insurance WG Position Paper. Thus, members are strongly encouraged to join the discussion and provide input on the key issues which will likely shape the activities of the WG this year.

  • 2023-04-07 | 15:00 - 16:30
  • Online
Members only

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
Members only

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 and within the European Union as well as opinions of European companies in China on how China's national financial standards, industry standards, group standards and enterprise standards impact their daily practical work.

  • 2020-12-22 | 09:00 - 11:00
  • European Chamber Office Beijing, 4th Floor, Room C405
Members only

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
Members only
9
Dec

To celebrate the accomplishments of the past two decades, the European Chamber’s Insurance WG and Non-Banking Financial Institutions WG are delighted to bring together members for a pleasant evening of good wine, food and light conversation.

  • 2020-12-09 | 18:00 - 20:00
  • Via Roma Restaurant, Kempinski Hotel Beijing Lufthansa Center
Members only

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 Beijing, 4th Floor, Room C405
Members only