European Chamber Nanjing Chapter Attended the JSCCPIT New Year Exchange Meeting

2016-02-24 | Nanjing

On 24 February 2016, the European Chamber Nanjing Chapter attended the 2016 New Year Exchange Meeting, which was held by China Council for the Promotion of International Trade Jiangsu Sub-Council (JSCCPIT). Local government officials, oversees institutions and member enterprises were gathered together to discuss on how to jointly promote the multilateral trade and investment in Jiangsu. 

On the meeting, Mr. Helmut Güsten, the Chairman of European Chamber Nanjing Chapter delivered speech titled “Evolution of Foreign Investment in China".  Inhis presentation, Mr. Helmut Güsten emphasised that European SMEs are an investment opportunity for China and gave several policy advices that can attributed to a welcoming environment for European SMEs in Jiangsu, including 1) creating suitable facilities in attractive locations for European SMEs, such as ground floor space, reasonable rental costs, expandable land using; 2) changing KPIs for attraction of investment, such as the KPIs for government officials could more focus on the number of foreign invested companies and tax payments but not the investment amount. Additionally, the characteristics and advantages of European SMEs were presented to participants together with the problems faced by European SMEs in China.