EuroBiz magazine is the internal journal of the European Union Chamber of Commerce in China, published monthly for Chamber members by SinoMedia Ltd. Distributed to over 20,000 China-based company decision-makers.

Dear members and friends, This month will see the launch of the European Chamber’s influential Position Paper. It will be in its seventh annual edition. It is written and compiled by the specialists in the respective European Chamber Working Groups, who are seeking increased transparency and fairness in the Chinese economy. Every year the Working Group Position Papers not only outline the issues at stake, but they also highlight key recommendations, including the promotion of international best practices with the objective of creating a level playing field. The Working Groups themselves provide a platform for members to network, raise issues and discuss current challenges.

This is the first position paper since the completion of China’s five-year World Trade Organization (WTO) transitional period, which expired in December 2006. During the transition period, China has undergone an extensive transformation with the opening up of its economy and markets as well as increasing transparency.

Trade volume has also increased significantly during this period. China has a vested interest in being integrated into the global economic system, as illustrated by its fastgrowing demand for commodities, for example iron ore, oil and liquid natural gas. China is to a large extent still an assembly point, with many core components delivered from South-East Asia, Japan and Korea. Chinese companies then process these items for export. The major markets for China are the OECD countries, including EU members, and China needs to accommodate the business practices of its most important customers. As I write this letter, the trade surplus is running at some US$20 billion (€15 billion) a month in China’s favour, which implies a current account position of well over 10 percent of GDP....

(PRESIDENT’S FOREWORD)

Download EuroBiz Magazine, September 2007

PDF version, 11.58MB, 96Pages.

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Visit The European Union Chamber of Commerce in China Official Website

The Chamber was formed with the support of the EU Delegation in Beijing on 19th October 2000. It is a non-profit membership fee-based organisation with offices in Beijing, Shanghai and Nanjing, Guangzhou, Tianjin and Chengdu.

Today, the Chamber is the leading exponent of European business interests in China creating a continuously growing business forum. It comprises of over1090 members, from global companies to small-medium enterprises. Its mission is to serve member companies by being the Voice of European Business in China.

It is built around a core of some 30 Working Groups,  which meet regularly to discuss business issues in their respective industries. The Working Groups contribute to an annual Position Paper on Business in China, which the Chamber presents to the Chinese and European governments.

The Chamber is managed by a National Executive Committee made up of representatives from various European Member States. The Supervisory Board and the Advisory Council provide strategic input for the National Executive Committee. Each Chapter is managed at the local level by a Local Board which reports directly to the National Executive Committee.

Executive Committee members, the Supervisory Board and Local Boards are elected at the Spring Annual General Meeting.

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