News
Survey: China to do more business in EU
(CNN) - This week the European Union Chamber of Commerce released this survey on Chinese investor perceptions of Europe.
Read moreEuropean Chamber Survey: Chinese investors bullish on European future, but show concern about operating environment
Chinese companies operating in the EU will be increasing their investments and looking to further engage in M&A in order to serve the European market and acquire technology, brands and expertise to improve competitiveness.
Read moreFDI growth drops for first time in 3 years
Foreign direct investment (FDI) inflows into China dropped for the first time in three years in 2012 amid the slow recovery of the world economy, but there is no sign of a large-scale exit of foreign capital from the country, the Ministry of Commerce said Wednesday.
China's first place for patents not quite the triumph it seems
Despite its high numbers of filings, the poor quality of applications throws the strength of the country's innovation into question.
Read moreEuropean Union Chamber of Commerce in China: Another disappointing and limited Chinese offer to join the Government Procurement Agreement
Beijing, 06 December 2012– China promised in its WTO Accession Protocol to join the Government Procurement Agreement (GPA) ‘as soon as possible’. Eleven years since WTO accession and five years after negotiations first started, China presented its fourth offer in Geneva on 5th December 2012. Although a minor improvement, notably through its inclusion of three additional provinces and through lowered threshold levels, this third revised GPA offer is still highly disappointing in terms of scope and coverage.
Read moreEurope says China's latest bid to join procurement agreement "highly disappointing"
China's proposed terms to join a global agreement on government purchases are "highly disappointing" and cover only 2-3 percent of its public procurement market, a European Union trade lobby group said on Thursday.
The future of foreign investment
European industry, in general, is doing well in China. Our profits and revenues in most industry sectors continue to grow and are reaching levels comparable to other regions in the world. The strategic importance of China for our companies is increasing and our investments have brought major benefits to the Chinese economy and Chinese society. These are important points to make, but this success story all too often gets lost regulatory complaints and, increasingly frequently, in trade disputes because there still remains a dormant potential to massively grow the scope of this mutual benefit.
Read moreAnalysts View: Chinese Communist Party unveils new leadership
China's ruling Communist Party unveiled its new seven-man Politburo Standing Committee on Thursday, confirming Xi Jinping's elevation to the no. 1 spot in the line-up and the end of Hu Jintao's 10 years as party boss.
China must allow more competition
As the Chinese Communist Party is choosing its new leaders for the next decade, the president of the European Chamber of Commerce in China (ECCC) calls on Beijing to open further the country’s market to foreign companies. Davide Cucino’s tells Europolitics why the Asian giant must open up its market if it wants to achieve sustainable long-term growth. The ECCC’s head is also cautious regarding a possible EU-China free trade agreement (FTA).