On 12th October, the European Chamber Nanjing will release the Chamber's European Business in China Position Paper 2021/2022, the culmination of six months dedicated work by our 35 working groups and sub-working groups. This year’s Executive Position Paper looks into the 14th Five-year Plan (FYP), and identifies areas of risk and opportunity, both for European businesses and for China’s economy.

China’s impressive recovery amid the challenges of the COVID-19 pandemic saw many European firms’ China operations stabilising their headquarters and making up for losses incurred in other markets. A significant number of European Chamber members posted record figures for revenue and profit in 2020, and China’s economy looks set to remain strong for decades to come. According to International Monetary Fund forecasts, China will contribute more than a fifth of global GDP growth over the next five years, meaning its market is simply too important to neglect.

However, there are worrying signs that China’s economy is turning inwards. The 14FYP sets a clear course for the country to reduce its reliance on the rest of the world, before ultimately achieving a high degree of self-sufficiency. The European Chamber believes that this is a calculated risk. China is gambling that it can successfully attain a higher level of innovation and manufacturing capability in the next decade or so that will allow it to lead in the technologies likely to define the future global economy.

Increasing control over the economy and pursuing a ‘go it alone’ strategy that will see China having to deviate further from the bold reform path it first embarked upon more than 40 years ago could have serious repercussions. These include decreased foreign direct investment (FDI), a deceleration of innovation capacity and reduced access to the core technologies China requires to upgrade its value chains. China’s per capital GDP growth would also suffer, and the risk of it getting stuck in the middle-income trap would increase.

In this climate, there are still abundant opportunities for European companies, but identifying and engaging with them requires an increasingly sophisticated understanding of emerging policies. Join this event to find out more about how your industry fits in with China’s strategic plans, and where your company can contribute to its long-term goals. 

Following the presentation of president Wuttke, to add local flavour to the launch, a panel discussion featuring local business leaders will be organized, to address challenges and opportunities with considering rapid changes sweeping across the globe – in trades, environments, pandemic, as well as in the industry itself.

A networking session will be organized afterwards at the terrace on the 45th floor of the hotel, you are welcome to join us to mingle with business fellows and to enjoy the beautiful night view of the city!

Agenda

16:30 – 17:00  Registration 

17:00 – 17:10  Welcome remarks by European Chamber Nanjing Chapter 

17:10 – 17:35  Presentation of the Executive Position Paper by Joerg Wuttke, President, European Chamber （online）

17:35 – 18:25  Panel Discussion and Q&A Session

Moderator: Mr Bernhard Weber, Vice Chair of the European Chamber Nanjing Board 

Panelists:

Ermanno Vitali, CEO at FAAM China

Jurgen Viethen, GM, Zhenjiang Siemens Busbar

Shan Jianhua, GM of EHS, Engineering and Maintenance Division, BASF-YPC Company Limited  

18:25 -18:30  Closing remarks

18:30 -20:00  Networking

Each attendee will get a hard copy of Executive Position Paper 2021/2022. To reduce carbon emissions and encourage people to download PDF PP, limited amount of pins shall be given out at the launch event, first come first served!

Payment:

1. Bank transfer:

RMB Bank Account
A/C Name: 中国欧盟商会
A/C No.: 7110210182500027543
China CITIC Bank 中信银行京城大厦支行
Capital Mansion Sub Branch
No. 6, Xinyuan Nan Road
Chaoyang District, 100004 Beijing
北京市朝阳区新源南路6号京城大厦
S.W.I.F.T. Code: CIBKCNBJ100

2. Pay onsite through cash or Wechat.

Terms & Conditions:

This event has limited seating and requires registration and payment in advance. No walk-ins accepted.

Cancellation Policy:

If you cannot attend this training, please cancel your registration at least 3-working days before. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.

To cancel, please contact Ms. Annie Zhou at azhou@europeanchamber.com.cn.

Disclaimer免责声明:
Participants must maintain proper social distancing norms and abide by the Nanjing Municipal Government ’s Epidemic Prevention and Control Rules. If you do not follow the relevant regulations, the European Union Chamber of Commerce in China accepts no responsibility for any of your physical discomfort caused during and after the event. Thank you for your cooperation.

参与活动时，参会人应与他人保持适当距离（防疫考虑）并遵守南京市政府颁布的疫情预防控制要求（例如佩戴口罩等）。如您违反要求，中国欧盟商会对于您在活动中或者活动后的身体不适，不承担任何责任。 感谢您的理解和配合。

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