U.S.-Japan Business Council’s Post

Last Saturday, Rachel Tsang, Managing Director of the British Chamber of Commerce in China, joined a high-level business roundtable in Shanghai with UK Foreign Secretary David Lammy, alongside members of the British business community. During the discussion, Rachel shared key preliminary insights from our annual Sentiment Survey, offering a unique perspective by highlighting the adaptability and resilience of UK SMEs in China. SMEs have demonstrated greater agility in navigating shifting market conditions, however, they are also calling for increased support from the UK government to help them further leverage growth opportunities in this dynamic market. She also highlighted the importance of sustained engagement between the two nations: "The UK's approach to China has fluctuated over the past 14 years, and this inconsistency has directly impacted businesses operating here. Our members are calling for a stable, strategic relationship to strengthen bilateral ties." The Foreign Secretary's visit represents a positive step towards constructive dialogue between the two countries. With our Sentiment Survey (available at https://lnkd.in/g6PBBu99) still open, it will be interesting to see how these discussions influence business sentiment in the weeks ahead. We look forward to ongoing ministerial engagement, which will be essential in building long-term confidence and promoting continued investment between the UK and China. (Photo via the Foreign, Commonwealth and Development Office)

Block your dates - The Asia-Pacific Conference of German Business (APK) 2024 is coming to Delhi! Scheduled from October 24 – 26 in New Delhi, the Asia-Pacific Conference of German Business is the premier event for business leaders, executives, and political representatives to foster and enhance economic relations between Germany and the Asia-Pacific region. Started in 1986, this biennial conference has served as a vital platform for dialogue on current economic developments and for strengthening personal and economic ties. Why Attend? ✅ Engage in in-depth discussions on German and Asia-Pacific economic developments. ✅ Network with 800 delegates, including top business leaders and political representatives. ✅ Participate in 2.5 days of insightful sessions and collaborative opportunities.   The event will be co-chaired by Roland Busch, President and CEO of Siemens AG, and Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Action. The event is being organized by the Asia-Pacific Committee of German Business (APA), the German Federal Ministry for Economic Affairs and Climate Action (BMWK), and the German Chambers of Commerce Abroad (AHK) in Asia-Pacific. . . . #GermanChamberofCommerce #AsiaPacific #Business #Networking #NewDelhi #Germany #EconomicOpportunities #IGCC

Building bridges: Bulgarian business leader highlights the power of Germany-China relations for growth and innovation #IvoGanchev, vice-chairman of the Bulgarian Chinese Chamber of #Commerce & #Industry, emphasises the practical benefits of robust Germany-China relations. Through #collaboration in #technology and commerce, businesses and individuals on both sides stand to prosper and thrive. #Germany #China #Innovation https://lnkd.in/dnDAa_wT

The Belt and Road Summit Will Be Held on Sep 11-12 On September 4th, the Hong Kong Trade Development Council (HKTDC) announced in a press release that this year’s Belt and Road Summit, a key platform for Hong Kong to promote the Belt and Road Initiative (BRI), is bringing together more than 80 officials and business leaders to discuss collaboration opportunities in BRI markets. The Summit, which is taking place on 11-12 September at the Hong Kong Convention and Exhibition Centre, is organized by the Hong Kong SAR Government and the HKTDC. The main theme for this year’s Summit is Building a Connected, Innovative and Green Belt and Road. The Business Plenary meeting on the first day will focus on market prospects in the Association of Southeast Asian Nations, or ASEAN, while that on the second day will look at opportunities in the Middle East and nearby regions. “The Belt and Road Summit will deepen international business cooperation and consolidate Hong Kong's position as the preferred business platform for the Belt and Road Initiative,” said Algernon Yau, Secretary for Commerce and Economic Development for the Hong Kong SAR Government. As China looks for ways to drive more collaboration between Belt and Road markets, Hong Kong can play an even more active role as a global hub for investment, trade and innovation, Mr Yau explained. Dr Peter K N Lam, Chairman of the HKTDC, highlighted the business support that HKTDC provides to foster closer cooperation, including business delegations and outreach activities to Belt and Road countries and regions.

🌍 China is the EU’s Largest Trading Partner 🌍 In 2023 alone, EU-China trade reached an incredible €739 billion, accounting for 15% of all EU goods trade. Beyond the numbers, the values and living standards between Europe and China are closer than ever—a testament to decades of progress. As we look to the future, the path forward is clear: build trust, foster collaboration, and pursue continuous improvement—just as we do in business every day. Join us at Navigating China in Stockholm on October 3rd and hear from experts on how to successfully navigate China-EU relations in an increasingly complex world. Don’t miss this chance to gain invaluable insights! 🎟️ #EUChina #Trade #Collaboration #NavigatingChina #BusinessGrowth #StockholmEvent

Very happy for a few long-term clients, both MNC and Chinese private companies, that were invited to such top-level state events. Key takeaways here? If you (still) aspire #doingbusinessinChina in 2024, but still are baffled by or spending time translating such terms as "new quality productive forces", stop doing it, and just say these words (as is), and do your thing. https://lnkd.in/gxZCT2WC

Check out the post below for information about what our Economic Development Manager Bruce Coleman has been up to lately!

Just Released! The 26th Annual American Business in China White Paper This year's White Paper explores the issues encountered by member companies in 2023-2024. Each chapter provides practical recommendations benefiting both foreign-invested enterprises and the Chinese economy. The White Paper has long served as a constructive tool for both the US and Chinese governments, offering comprehensive recommendations for mutual understanding and resolving company concerns. Key themes in this year's White Paper include: 🔹 Advocating for a level playing field for foreign organizations in China's economic landscape 🔹 Addressing tensions in the bilateral relationship 🔹 Navigating US investment in China amidst changing policies 🔹 Analyzing the impact of US export controls on tech and financial sectors “US and Chinese leaders have acknowledged the significant benefits American business in China brings to both countries. The goal of our White Paper is to provide a candid assessment to the two governments of the business climate and regulatory environment American companies face doing business in China. This year’s White Paper – the longest in the report’s history – assesses the US business landscape in China, addressing both industry-specific and broad sectoral challenges. It aims to navigate the political disruptions and reinforce our commitment to fostering economic cooperation. Now, more than ever, it is important for the business community to speak with one voice about the challenges and opportunities facing businesses in China. As we mark the 45th anniversary of US-China relations, we celebrate significant progress in the bilateral relationship while noting that uncertainty continues to challenge our economic and trade relations. We trust that the White Paper will remain an invaluable resource for both US and Chinese policymakers, building on its 26-year legacy of delivering objective and accurate insights.” - AmCham China Chair Sean Stein 📥 Card-holding members should have received a download link for the White Paper via email. ➡ Non-members can learn more & purchase it here: https://lnkd.in/eKFRQsTn

Dear AmCham members, AmCham Turkiye, American - Hellenic Chamber of Commerce and AmCham Bulgaria are organizing the inaugural “Eurasian Economic Summit” in Istanbul. The Summit will take place on October 24-25, 2024, at the Hilton Bosphorus Istanbul. Certified by the U.S. Department of Commerce and in partnership with the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan), American Chamber of Commerce in Georgia, American Chamber of Commerce in the Kyrgyz Republic, AmCham Tajikistan, American Chamber of Commerce in Ukraine, and American Chamber of Commerce in Uzbekistan, the Summit will bring together administration officials, state development agencies, business leaders, and investors from across the regions to foster economic collaboration and business partnerships. The Summit will serve as a dynamic platform for networking, dialogue, and the exploration of new business development prospects, strengthening ties between the U.S. and the regional business communities in the SE Europe, Caucasus, and Central Asia regions. We anticipate 200 senior-level participants from various sectors throughout the organizing regions. On the occasion of the summit, AmCham Kyrgyzstan is organizing a business mission. Participating companies will have the opportunity to attend the summit, engage in B2B meetings with key stakeholders and business representatives from the wider region, and take part in relevant industry workshops. Key topics 🔹 The Energy Regional Map and Joint Business Ventures 🔹 ⁠Digital Economy and Innovation 🔹 ⁠The Middle Corridor: Trans-Caspian International Transport Route 🔹 ⁠Finance with a Regional Cooperation Angle 🔹 ⁠Tourism 🔹 ⁠Manufacturing and Supply Chain Detailed agenda will be sent additionally. AmCham Members: 🔹 Early Bird Fee up to September 25, 2024: $350 + VAT 🔹 Fee after September 25, 2024: $500 + VAT AmCham non-Members 🔹 Early Bird Fee up to September 25, 2024: $450 + VAT 🔹 Fee after September 25, 2024: $600 + VAT The above fees include the Summit, B2B Meetings, and Workshops. The fee does not include air travel and accommodation. Indicate your interest to projects@amcham.kg, by providing your full name, company, position, and contact information (phone number and email)