SHANGHAI SOUTH CHINA ALL CHINA - AHKs

More documents

Recommendations

Info

2010 April - May 35
CHAMBER NEWS <strong>ALL</strong> <strong>CHINA</strong> PAGES Ambassador Dr. Michael Schaefer sees opportunities In times of economic uncertainty, evaluation of the German business situation in Greater China serves as an indicator for future development in Asia. 250 delegates and 33 China experts from businesses and institutions gathered in Dusseldorf (North Rhine-Westphalia) on occasion of the Greater China Day to benchmark the current situation and discuss future prospects for Sino-German business. The annual signature event was jointly organised by the Chambers of Industry & Commerce (IHK) in Dusseldorf and Cologne, and by the German Chamber of Commerce in China (GCC). The GCC l South China took lead of the German Chamber involvement with the support of the German-Chinese Business Association (DCW) and the German Asia-Pacific Business Association (OAV). The official delegates of German Industry & Commerce from Greater China were all present to share insights about German business in the region and offer consultation for entrepreneurs interested in the Chinese market. The event was honoured by an opening speech by the Ambassador of Germany in China, Dr. Michael Schaefer who encouraged German companies to use the opportunities abroad: “China is one of the few countries that emerged with added strength from the global crisis and continues its internal development and dynamic rise. This is above all an opportunity for German companies, especially from the small and medium segment. These companies can leverage their technological advantage by selling their innovative products in the growing China market”. Five Executive Directors of the chamber and trade offices in Beijing, Guangzhou, Shanghai, Hong Kong and Taiwan made up the first panel. While jointly explaining the links between politics and economics, the panel focused on current challenges and opportunities such as the EXPO in Shanghai and development of the Central China region. Furthermore, results from the second survey on business confidence in China were presented for the first time. The survey was conducted among 150 member companies of the GCC early in 2010 in cooperation with Fiducia Management Consultants. Together with panels and 36 April - May 2010 Nico Beilharz shows optimism Rise with the Dragon? Greater China Day 2010 Closing keynote by Johannes Dell (AS&P) workshops, the survey gave first answers to the question that served as the conference subtitle: (Do we) Rise with the dragon? Following the survey findings, German companies in China are generally upbeat about their business prospects in the Middle Kingdom. An astounding 98% of respondents expect rising profits in 2010. More than half of the participating companies have increased their investments over the previous year. 60% recorded growth, particularly companies from the industrial goods and service sectors. The true winner from the downturn, however, is the investment goods sector. 85% of German companies in this industry benefited from increased business as a result of the Chinese government’s stimulus package. The automotive industry had an equally satisfying year, in which some industry players were able to double their turnover. Slightly less positive was the picture for the consumer goods market. Half the companies in this segment saw an increase in business after the stimulus efforts from Beijing. Nico Beilharz, Chairman of the Board of the German Chamber of Commerce in China, summed up the mood of his fellow countrymen: “We are confident that in spite of the global crisis, at least in China, the ‘economic sun’ will continue to rise”. Over six workshops, China experts shared their experiences with participants and invited them to contribute to the discussions. All workshops had one thing in common: The speakers – senior representatives of German companies in China – encouraged entrepreneurs interested in China to set up or extend their operations in various sectors. Executives of large and small enterprises offered their experience to help participants face challenges when entering the China market or extending current activities. The financial crisis has especially impacted the SME segment. Confidence in future development was demonstrated by highranking speakers in the closing panel. While looking back on the toughest period of operations in China, the China CEOs of BASF, Siemens, Jade Cargo and Melchers were positive about the future development in their respective industries, though they still cau-
Page 1: CHAMBER NEWS ALL CHINA Membership D
Page 5 and 6: CHAMBER NEWS GCC BOARD BEIJING 38 A
Page 7 and 8: CHAMBER NEWS BEIJING AROUND TOWN Ka
Page 9 and 10: CHAMBER NEWS TIANJIN PAGE The Tianj
Page 11 and 12: CHAMBER NEWS SHANGHAI PAGES GCC BOA
Page 13 and 14: CHAMBER NEWS SHANGHAI PAGES Back It
Page 15 and 16: CHAMBER NEWS SHANGHAI PAGES Save So
Page 17 and 18: CHAMBER NEWS From Kyoto via Kopenha
Page 19 and 20: CHAMBER NEWS SHANGHAI PAGES Expo Im
Page 22 and 23: 2010 April - May 55
Page 24 and 25: German Chamber Stammtisch 9 th Febr
Page 26 and 27: Entering for the Games Speaker Zach
Page 28 and 29: A Voice of Success Learning German
Page 30 and 31: Printing Green Through Sino-German
Page 32 and 33: Winnie Niou is a registered dietiti
Page 34: A tour of the compound revealed two
Page 37 and 38: COMMUNITY A Ring of Massive Scale T
Page 39 and 40: COMMUNITY Fancy a holiday where peo
Page 41 and 42: COMMUNITY CITY TOUR Talking the Wal
Page 43 and 44: COMMUNITY 76 April - May 2010 THIS
Page 45 and 46: COMMUNITY CHAMBER EVENTS CALENDAR C
Page 47: COMMUNITY 80 April - May 2010

SHANGHAI SOUTH CHINA ALL CHINA - AHKs

Create successful ePaper yourself

Delete template?

Save as template?