Satisfaction survey Flanders-China Chamber of Commerce
Aug-25-2014 By : fcccadmin
The Flanders-China Chamber of Commerce (FCCC) exists now for 10 years. The success of the FCCC is expressed in its results. The FCCC has now more than 300 members and 11 partnerships.
The FCCC has organized numerous activities of which you will find an overview on our website and in our newsletters. The newsletters and members’ portraits are also available on-line on our new website.
The satisfaction survey, which you will find here, is offering you the opportunity to give your views and suggestions on the functioning of the FCCC. We would be very grateful if you would complete the survey online. This would take about five minutes of your time. Thank you for your cooperation.
Juxing CBTC project – 2nd delegation – 10 September 2014 – Louvain-La-Neuve
By : fcccadmin
CBTC – the Chinese-Belgium Technology Center, located in the Science Park of Louvain-La-Neuve – is the first large-scale High-Tech incubation center created by Chinese investors outside China. It is a platform aiming at serving Chinese companies entering the Belgian or European market in order to establish partnerships and to conduct R&D cooperation. It is also a gateway to help Belgian or European companies who have the intention to do business in China. The main investors for this CBTC project are WHIBI (Wuhan International Business Incubator), DongFeng Design Institute and HuaYong Investment. The company running this center is JuXing International Technology Investment. Since 2014, two office centers (3000 sqm) have been established and are ready to welcome all Chinese, Belgian or European companies.
The first delegation (May 2014) was a real success. Indeed three Chinese companies decided to set up a subsidiary in Juxing facilities. They are currently in the registration process. Upon this good news, Juxing will welcome its second group of professional visitors from China (from 10th – 12th September). This group consists of 15 companies, all headed by their CEOs or their General Managers. These companies are active in the fields of green technology, bio-engineering, ICT. Besides business and trading, the group members also have interests in establishing partnership cooperation and R&D center in Belgium, in Europe and in China.
The members of this high profile delegation will be presenting themselves and their company at the Aula Magna in Louvain-la-Neuve on the 10th of September (from 9 AM to 12 PM), followed by a networking lunch. Please feel welcome to come and meet them on this occasion!
As seats are limited, advance registration is both free and essential. Please register through this link before the 31st of August.
https://docs.google.com/forms/d/1jdWfsrD1fnQbBgh6101LFIviZwEAgRzkUAOKi6I5wmM/viewform?c=0&w=1&usp=mail_form_link
In the following days after your registration and according to seats availability, you will receive a confirmation email including some useful and practical information regarding the event. In case of any questions, please contact Julie Patterson, Julie.patterson@jxiti.com
This event has been organized with the help of UCL and Louvain-la-Neuve Science Park.
Number of Japanese expats in China decreases
By : fcccadmin
The number of Japanese people living in China for more than three months or permanently residing declined by 10.2% year-on-year from October 2012 to October 2013 to 135,000, according to the Japanese Foreign Ministry. In the same year-long period, the overall number of Japanese living overseas increased by 0.7% to a record high of 1.258 million. China is second on the list of countries with the largest numbers of Japanese expatriates. Heightening tension between China and Japan had raised concern among Japanese firms, financial institutions and students in China, who all fear that political uncertainties will bring a deteriorating working and living environment for Japanese people. Japanese businesses are likely to shift their production focus from China to countries in Southeast Asia. Chinese Foreign Minister Wang Yi and his Japanese counterpart, Fumio Kishida, held talks in Myanmar’s capital on August 9, the first meeting of its kind in two years.
New bank lending drops more than expected in July
By : fcccadmin
New bank lending in China plunged surprisingly in July to the lowest in nearly five years after an exceptionally strong growth in June. Banks in China extended CNY385.2 billion in new yuan loans in July, only a third of the amount in June and CNY314.5 billion less than in July last year, the People’s Bank of China (PBOC) said in a statement. Total social financing fell to a six-year low of CNY273.1 billion, one seventh of that in June and a third of that a year earlier. The outlook is positive as banks were lending between CNY30 billion and CNY50 billion per day in the first half of August, the PBOC said, at which pace August lending could again top CNY1 trillion. The PBOC said banks now are more cautious in extending loans and avoiding risky sectors after the bad loan ratio rose for 11 consecutive quarters. Economists are worried that risk aversion among financial institutions may further pressure the economy. “Beside seasonal volatility, we think the negative surprise in the loan data reflects the downside risks to growth, such as overcapacity and the housing downturn,” HSBC said.
Blueprint to develop insurance industry published
By : fcccadmin
China aims to nearly double the proportion of insurance premiums in its gross domestic product (GDP) to 5% over six years to further develop the industry. The government will support insurance companies in developing innovative products in health insurance, pension plans, agricultural insurance and disaster insurance, as the Chinese government announced a blueprint on developing the insurance sector through 2020. It forecasts the insurance penetration ratio to rise to 5% by 2020 from around 3% last year, and average insurance spending per capital to rise to CNY3,500 from around CNY1,300 last year. The government has also put forward for the first time an initiative to set up a disaster insurance system. All levels of government departments from central to local are encouraged to help set up the system by drafting insurance policies covering natural disasters. A trial for disaster insurance has been approved for Shenzhen and an area in Yunnan province. There are currently no specific policies to cover houses and infrastructure destroyed by disasters such as an earthquake, typhoon or tsunami, the Shanghai Daily reports.
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