The Business Confidence Survey 2017 & Meeting the EU Ambassador Go back »
2017-06-13 |
The launch of the European Business in China – Business Confidence Survey 2017 and the welcome reception for Dr. Hans Dietmar Schweisgut, Ambassador of the European Union to the People’s Republic of China and Mongolia were held on Monday, 12th June 2017 in Intercontinental Hotel. Around 100 people attended the event.
The Business Confidence Survey 2017 brings together the input of over 500 senior representatives of the European Chamber’s member companies to provide an annual overview of their performance and outlook within the Chinese market.
The report finds out: revenues and earnings before interest and taxes improved, without any marked increase in optimism about the long-term business outlook; the top regulatory barriers faced by European business remain the same, and there is a lack of confidence that this situation will improve over the next five years; European companies are very positive about President Xi’s anti-corruption campaign and the incremental improvements to China’s IPR protection regime; there is a disproportionate enforcement of environmental legislation against foreign-invested, state-owned, and Chinese privately-owned enterprises; European companies report increased competition from Chinese privately-owned companies as their capacity for innovation increases; and the EU-China Comprehensive Agreement on Investment must be completed to give European business the confidence it needs to ramp up investment in China.
Mr. Bernhard Weber, Chairman of the European Chamber of Commerce Nanjing gave the opening speech. Mr. Christian Heinis form Roland Berger Strategy Consultants shared the survey methodology. Mr. Adam Dunnett, Secretary General of European Chamber and Mr. Bernhard Weber, Chairman of the European Chamber of Commerce Nanjing shared the survey results in general and Nanjing section separately.
At night, the welcome reception for Dr. Hans Dietmar Schweisgut started with the opening speech given by Mr. Bernhard Weber, Chairman of the European Chamber of Commerce Nanjing. Mr. Adam Dunnett, Secretary General of European Chamber and Ms. Gao Junling, Deputy Director of Gulou District Bureau of Commerce and Xiaguan Riverside Business District Administrative Committee of Nanjing gave welcome and short speeches separately. The official speech was given by Dr. Hans Dietmar Schweisgut, ambassador of the European Union to China and Mongolia. Dr. Hans Dietmar Schweisgut shared EU-China relations from Jiangsu perspective, European business in China – Business Confidence Survey, and European Chamber Nanjing Position Paper in the speech.