The European Chamber, in cooperation with Roland Berger, today released its annual Business Confidence Survey 2016. The survey finds that Beijing’s failure so far to deliver on promises that foreign-invested enterprises will enjoy a more open, competitive market has fostered mounting pessimism: a significant 41% of European companies are now re-evaluating their China operations and planning to cut costs, including through headcount reduction.
Although 47% also report that they plan to expand their operations in China, this represents a thirty-nine point decrease from 2013, when an overwhelming 86% of European companies were intending to do so. However, a clear majority of European business would likely increase their investment in China in the event of market access barriers being removed.
Please read the full press release here. The full download can be accessed here.
The European Union Chamber of Commerce in China is inviting experts to join the talent pool for the E.U.-China Aviation Partnership Project (APP). The APP was launched in February in Beijing.
This project is funded by the Partnership Instrument of the E.U. and supported by the Civil Aviation Administration of China (CAAC). On the European side, it is implemented by the European Aviation Safety Agency (EASA) working together with the European Chamber as the local implementing partner.
Opening a new chapter in E.U.-China aviation relations, this five-year, €10 million project will link technical cooperation with policy dialogue between the European and Chinese aviation authorities. The E.U.-China APP will focus on seven areas of mutual interest. Dedicated activities will be implemented in these areas, including regulatory cooperation, safety promotion exercises, workshops, training, and technical exchanges.
The areas are as follows: aviation safety and security, general aviation, air traffic management/air navigation services and airports, airworthiness, environmental protection, economic policy and regulation, and legislation and law enforcement.
The E.U.-China APP will be a great opportunity for experts from industry, associations, consultancies, and other organisations to bring together their expertise, techniques, programmes, or models that serve to strengthen the mutual interest of E.U.-China aviation relations, as well as to establish partnerships with European and Chinese aviation authorities.
The Aviation and Aerospace Working Group welcomes corporate and individual applications to be included in the talent pool for the E.U.-China APP.
The European Union Chamber of Commerce in China released the European Business in China – Southwest China Position Paper 2015/2016 as a standalone report for the first time.
It compiles the latest assessments and concerns of European businesses operating in Southwest China with the aim of offering constructive recommendations to policy-makers in Chengdu, Chongqing, and Sichuan Province.
The Chamber hopes that this white paper will help to facilitate increased government dialogue and improve operating conditions for foreign companies invested in Southwest China, enabling them to invest further and help the region to develop sustainably and achieve its policy goals.
In a podcast with Paul Haenle, Director of the Carnegie-Tsinghua Centre for Global Policy, Joerg Wuttke, President of the E.U. Chamber of Commerce in China, discusses what he thinks the E.U. can expect in the coming years regarding its economic presence in China.
Mr. Wuttke notes that the main story in E.U.-China relations in 2015 was not simply an increase in trade but rather a complete shift in investment flows as China invested US$22 billion in the E.U. He expects this level of Chinese investment into Europe to continue, but he reasons that European investment in China may slow due to lower growth rates and other constraints.
Mr. Wuttke also comments on emerging international initiatives that China has put forward, such as the Asia Infrastructure Investment Bank (AIIB) and the Belt and Road.