European Chamber Vice President Meets Director-General Yang Yingming of Ministry of Finance
2022-01-24 | All chapters
On 24th January, European Chamber Vice President Guido Giacconi led an online meeting—alongside representatives from the Chamber’s Finance and Taxation Working Group, Carbon Market Sub-working Group, Healthcare Equipment Working Group and the Fashion and Leather Desk—with Director-General Yang Yingming of the Department of International Economic Relations of the Ministry of Finance (MOF), to discuss key issues and present the Chamber’s Position Paper 2021/2022.
The two sides exchanged views on a series of important current topics including value-added tax (VAT) reform, fiscal incentive policies to support green development, government procurement and duty-free policies in Hainan. Director-General Yang also explained that, under China’s ‘1+N’ policy framework, the MOF is currently drafting the guiding opinions for the provision of fiscal support for green development as part of China’s decarbonisation plan. He asked for more EU-China cooperation in this area.
Vice President Giacconi confirmed that the Chamber will continue to strengthen EU-China collaboration in diverse areas.