European Union Chamber of Commerce in China

#Report #PositionPaper The European Chamber today published its European Business in China Position Paper 2024/2025 (Position Paper 2024/2025). The report focuses on the urgent need for the Chinese authorities to follow through on #reform pledges announced in the past year, with business confidence now at an all-time low. “For a growing number of companies, a tipping point has been reached, with investors now scrutinising their China operations more closely as the challenges of doing business are beginning to outweigh the returns,” said Jens Eskelund, president of the European Chamber. “While China still holds significant potential, this situation urgently requires more action from the Chinese Government, not more action plans.” 📰 Press release: https://lnkd.in/gdG_jRuh 📘 Download the report: https://lnkd.in/fGm_7P8

Adam Dunnett, secretary general of the 1,700-member European Union Chamber of Commerce in China, said the #stimulus measures would encourage homeowners to spend more, and urged further measures. “More than anything else, it’s important to use this time to take on direct structural #reforms,” he said, adding #businesses would continue to monitor progress.

On 23rd October, the European Chamber and Microsoft co-hosted the "Reinventing Communications with AI" event at Microsoft's office in #Shanghai.   The event focused on how #AI is reshaping #communication strategies in businesses, driving efficiency, and fostering #innovation. Speakers explored AI's transformative role in enhancing employee experiences, boosting #productivity, and reimagining customer interactions, emphasising the long-term potential of AI in business communication.   Xuelin Liu, Chair of the European Chamber’s Marketing and Communication Forum in Shanghai, delivered the opening remarks while highlighting the importance of Generative AI in modern communication practices. The speakers included Michael Jong, VP of Communications at Microsoft GCR, Yujia Zhao, Experience Product Lead at Microsoft 365 Copilot Team, Ming Cong, Director of Communications at Microsoft China, and Steffi Cao, Director of Communications at Microsoft China, alongside Jun Liu, Senior PMM at Microsoft GCR.   Key discussions revolved around AI’s capabilities in transforming communication practices through unleashing the creativity of communications professionals. Practical applications of AI for PR professionals were also demonstrated, offering real-world examples of how AI can drive efficiency in content creation and strategy development. The event further provided a chance for the audience to experiment with Copilot and share their insights.   The European Chamber would like to thank all speakers, the moderator, and the panelists for their insights.

#Advocacy On 18th October, European Chamber President Jens Eskelund delivered a keynote speech at the 2024 China-Nordic Economic and Trade Cooperation Forum in Wuhan. Eskelund highlighted some of the successes of Nordic companies, which have a strong presence in Hubei Province. However, he also pointed out that despite European businesses’ belief in China’s long-term economic potential, there is an urgent need for the Chinese authorities to re-double efforts to deliver on recent reform pledges. Read more https://lnkd.in/duaSFc_h

#ChinaShortCuts #Podcast #Video China releases its GDP growth in the third quarter of 2024.

#ChinaShortCuts #Podcast 23rd October episode contains segments on: 📈 China’s GDP growth in the third quarter of 2024; 📉 the five-year loan prime rate (LPR) cut to stabilise #property market; 💴 guidelines to address late or missed payments of government funds to enterprises; ❎ new regulation on export controls; and 👩🎓 opinions on improving the quality of post-graduate education. Also, listeners are invited to join the EU-China Green Development Forum: Green Power Consumption and International Recognition on 28th October in Beijing. Listen now https://lnkd.in/gTnmAuNu

Female Leadership Conference & CIMI 5-Year Anniversary: Advancing Gender Diversity in Leadership 📅 2024-10-30 | 14:00 - 19:00 (Beijing time) 📍 Beijing Ballroom, 3F, Four Seasons Hotel 🎫 Book a ticket: https://lnkd.in/gxwJXifB The European Chamber initiated the CIMI programme in 2019. Over the last five years, a group of C-suite executives has helped to facilitate the development of female leaders for our members. The Chamber has also engaged its stakeholders to foster connections, support and guidance among potential female leaders from diverse fields where these leaders bring unique perspectives, generate sustainable solutions and significantly contribute to fostering an inclusive and diverse business environment. This Conference will feature keynote speeches and panel discussions on advancing gender diversity in leadership, nurturing tomorrow's female leaders, and understanding the new trends in the labour market as they relate to women's contributions to society and the economy. Click to check the agenda and speakers: https://lnkd.in/gxwJXifB #femaleleadership #genderdiversity #leadership

EU-China Green Development Forum: Green Power Consumption and International Recognition 📅 2024-10-28 | 14:30 - 18:10 (Beijing time) 📍 Marriot #Beijing Northeast 🎫 Book ticket: https://lnkd.in/gWDRRyWw This forum aims to enhance the understanding of EU enterprises in China on the latest green power purchasing policy, promote the exchange of the industry, and improve the green power consumption capacity of multinational companies. We're honoured to invite the officials and experts of relevant departments, to discuss the policy updates, green power consumption methods by multinational enterprises, the alignment between Green Electricity Certificates (GEC) and China’s carbon market, and the international recognition of GEC, among others. Check out speakers and agenda here: https://lnkd.in/gWDRRyWw #greenelectricity #greenpower #carbonneutral #carbonneutrality

#Advocacy On 17th October, European Chamber President Jens Eskelund led a delegation to meet with Guo Yile, deputy secretary general of the #Guangdong Provincial Government, in #Guangzhou. The two sides engaged in an in-depth discussion on the opportunities and challenges for European companies operating and investing in Guangdong. Eskelund presented the European Business in China Position Paper 2024/2025, which contains over 1,000 recommendations aimed at improving the business environment for foreign and domestic companies in China. He highlighted key issues faced by European companies, such as declining #profitability, #reinvestment challenges and the shift in #investment focus towards business #resilience rather than #growth. 👇 Read more https://lnkd.in/gVjnCzsC

#Advocacy On 18th October, the European Chamber, along with other foreign chambers of commerce and companies, participated in a roundtable with Shanghai Vice Mayor Hua Yuan on the recent package of incremental policies to support economic growth. Carlo Diego D'Andrea, vice president and Shanghai Chapter chair, led the European Chamber delegation. D’Andrea called for greater and stronger support for the growth of European small and medium-sized enterprises, pharmaceutical innovation, consumer goods and producer services in the Chinese market. 👇 Read more https://lnkd.in/gkwXxkWi