Seminar with MOFCOM Research Team on Business Environment for FIEs

2016-12-06 | Shanghai

Seminar with MOFCOM Research Team on Business Environment for FIEs

During this seminar, the European Chamber members of pharmaceutical, auto, logistics, ICT and chemical industries shared their concerns and recommendations towards business environment for FIEs in China. During the 2-hour discussion, our members spoke highly of the government efforts in adopting Negative List approach and “Single Window” scheme, piloting the nationwide integration of customs clearance, and further expanding free trade zones to facilitate trade and investment. The participants also pointed a number of issues that can be further improved including the consistency and transparency of policy making, inter-departmental coordination, and establishment of SOP to avoid discrepancy of law enforcement for local officials. Mr. Song Zhiyong, Director of Institute of Asian Studies of Chinese Academy of MOFCOM CAITEC and Mr. Zhang Jifang, Director of Foreign Investment Administration Division of Hebei Provincial Commerce Department, said China is committed to further opening up and reform in order to attract and retain foreign investment in China despite that problems occur during the period of economic transition. At the end of the meeting, Dr. Ioana Kraft, General Manager of the European Chamber Shanghai Chapter, presented the Position Paper 2016/2017 to Mr. Song and Mr. Zhang and welcomed closer cooperation in the future.