Working Group News
European Chamber Press Statement on NPC
BEIJING, March 5th 2010 - The European Chamber welcomes the recent statement by Premier Wen Jiabao that the Chinese government will work to create favourable conditions for foreign enterprises in China. The European Chamber, which represents the interests of more than 1,400 member companies in China, hopes to see further progress on this, as well as on efforts to address imbalances in China’s growth model, during the current meeting of the National People’s Congress, which begins in Beijing today.
Read moreBusiness Confidence Survey Begins
Beijing, 3 March 2010. The European Union Chamber of Commerce in China this week begins its seventh annual Business Confidence Survey to gather the views and opinions of the Chamber’s member companies on the current business environment in China. Once again this year, the European Chamber is working with Roland Berger Strategy Consultants to develop and produce the survey.
Read moreChamber’s Overcapacity Study Hits A New Record in Media Coverage
The overcapacity study achieved the biggest ever media coverage in the Chamber’s history.
Read moreFuel tax reform an energy milestone
The Chinese government has finally decided to start a fuel tax plan beginning January 1.
Read moreChina knocked off IPOs top slot
Chinese stock exchanges raised just $22bn in initial public offerings in 2008. The slowdown means China will not finish the year as the leading centre for IPOs, falling behind New York for the first time since 2005.
Read moreChina drafts first law on social insurance
China's top legislature made public Sunday a draft law on social insurance, the first of its kind in the country.
Read moreChina's state sector urged to boost economy
Senior government officials have publicly called on China's state-owned sector to increase its dominance in the economy in response to rapidly cooling growth and plummeting profits.
Read moreLocal govts may be allowed to issue bonds
Top policymakers are considering giving a green light to local governments for bond issuance, a move some have described as a way to finance the nation's $586 billion stimulus package.
Read moreChina cuts interest rates to bolster economy
China's central bank has rolled out the fifth interest rate cut in four months - in its latest attempt to shore up investment and boost the economy.
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