[Image courtesy of www.apcoworldwide.com/china]
China Direct would like to thank CBI member APCO for kindly providing the following analysis of the recently convened annual National People's Congress in Beijing.
For more information and analysis please download below.
Thank you.
[Image courtesy of www.cbi.org.uk]
CBI Director General John Cridland CBE was interviewed by the Global Times during his recent visit to China.
Despite the challenging economic environment there are huge opportunities for UK business to increase its trade with China.
John Cridland shares his thoughts on UK business in China, opportunities for Chinese Foreign Direct Investment (FDI) to the UK and highlights the outstanding success of CBI members Intercontinental Hotels Group and Jaguar Land Rover in China.
Please click here for the interview, published today in the Global Times newspaper.
[Image courtesy of www.euccc.com.cn]
Yesterday, the European Union Chamber of Commerce in China (EUCCC) released its 2011/2012 Position Paper, which provides an overview of the views of many European companies doing business in China.
The Position Paper is the product of six months of consultation, which involved hundreds of companies and individuals from European businesses operating across China.
The report includes chapters on a wide range of sectors, including aviation, construction, information and communication technology, logistics, maritime transport, travel, banking & securities, insurance, private equity, etc.
The report also includes chapters on numerous cities and regions across China, including Beijing, Chengdu, Chongqing, Nanjing, the Pearl River Delta, Shanghai, Shenyang and Tianjin.
Highlights from the 2011/2012 Position Paper include:
• China's strategic importance for global companies is rapidly increasing.
• Key goals outlined in China's 12th Five-Year Plan (2011-2015) such as upgrading the industrial
sector, developing the service sector and encouraging innovation and green development match the
strengths of European companies in managerial know-how, the provision of services and green
and advanced technology.
• The Position Paper brings together a significant number of recommendations for both Chinese and
European policymakers.
The CBI, together with the China-Britain Business Council (CBBC) , is organising the launch of the Position Paper in London on 22 September, which will be hosted by leading global insurance broker and CBI member Willis Group.
Pleease click here to read the Executive Summary of the Position Paper and here to access the full report.
China Direct is back after a short break and would like to share with its members the latest information regarding China's new Social Insurance Law which came into effect on 01 July 2011.
Please download the briefing below which was kindly provided by CBI member Simmons & Simmons
[Image courtesy of www.besteducationinchina.com]
Chengdu City - Living in the West?
A fertile business environment with the Sichuanese talent for good living is helping Chengdu to become a more attractive option for both investors and employees.
Chengdu, capital city of Sichuan province in SW China, is often regarded as one of the most attractive and liveable cities in China for Chinese and foreign businessmen and expatriates alike.
For an update on what Chengdu can offer your business - and family - please read on below.
Download Chengdu City - Overview July 2011
China Direct would like to thank both Shanghai Business Review and Ms. Kirsten Allen for sharing this article.
Yesterday, the European Chamber of Commerce in China (EUCCC) released the results of its 2011 Business Confidence Survey.
The EUCCC achieved a record response rate of 44% of its members, with nearly 600 European companies having completed the survey. The Chamber identified the following three key messages arising from the results of its survey:
1. China is an increasingly strategic market.
2. Competition in China is increasing.
3. Companies are concerned about China's regulatory environment.
Other key highlights include:
• 79% of respondents have an optimistic business outlook for growth in China.
• 59% of respondents are planning new China investments, up from 48%.
• 78% of respondents reported an increase in revenue over last year.
Please click here to read the full EUCCC Business Confidence Survey and here and here for additional media coverage.
China Direct would like to thank Ben Cooper of the CBI's Beijing office for preparing this summary.
[image courtesy of www.manpower.com.cn]
China Direct hopes that you find CBI member Manpower's Employment Survey trends for the second quarter of 2011 useful.
Please review the summary below.
Our thanks to Manpower China for kindly providing this information to our members.
[Image courtesy of www.manpower.com.cn]
CBI member company Manpower has very kindly shared with China Direct its 2011 quarterly China Employment Outlook Survey.
This useful survey is essential reading for employers and employees active in China. It analyses 16 regional cities and provides helpful sectoral comparisons in addition to an assessment of global employment trends.
Please download below:
China Direct will also provide Manpower's Q2 Survey results later this week.
For more information please contact Manpower on 00 86 21 58782618 or apple.xu@manpower.com.cn
The Delegation of the European Union in China has very kindly prepared a full English translation of China's 12th Five-Year Plan (2011-2015).
In mid-March 2011, the National People's Congress (NPC), China's top legislature, approved the new Five-Year Plan (FYP).
China's FYPs are blueprints which outline key economic and development targets for the country for the next five-year period.
This is essential reading for businesses seeking to either expand their existing China operations or position themselves in the market for the first time.
To download the full translation of the current FYP please click below:
Download Full translation 5 Yr Plan 2011-2015
[Image courtesy of www.burson-marsteller.com]
CBI member Burson-Marsteller offers ten key tips that foreign businesses should be aware of when positioning themselves in China.
Kindly upload this excellent overview below:
Download Burson-Marsteller China Perspective - 10 Tips for MNCs in China - March 2011
For more information about Burson-Marsteller, celebrating their 25th year in China, please contact their Beijing office directly via: douglas.dew@bm.com or Tel: 00 86 10 58162588.
China Direct would like to thank Douglas Dew and the BM China team for kindly sharing this information.
