New Chairman and Vice-Chairmen FCCC as from May 1, 2016
Feb-29-2016 By : fcccadmin
After 11 years of personal efforts, Bert De Graeve (Chairman Bekaert) is going to step down as the Chairman of the Flanders-China Chamber of Commerce. Stefaan Vanhooren will take over as Chairman. Stefaan is the President of Agfa-Graphics and Member of the Executive Committee of the Agfa-Gevaert Group. Since the establishment of the FCCC, Stefaan has been Vice-Chairman of the FCCC and he has accumulated many years of experience doing business in China.
Stefaan wishes to thank the departing Chairman for his efforts over many years. Bert De Graeve’s efficiency and vision made the FCCC a powerful voice for Flanders-China relations.
“I am ready to devote myself totally to further strengthening the networking and dialogue between the business and scientific communities of Flanders and China. I look forward to working with new partners in many areas” Stefaan Vanhooren.
Seminar: How to Succeed in the Chinese Market – 16 March 15h30 – Ghent
By : fcccadmin
The Flanders-China Chamber of Commerce is organizing a Seminar focused on: ‘How to Succeed in the Chinese Market’. This event will take place at 15h30 on Wednesday 16 March 2016 at the Club of Flanders, Sint-Pietersnieuwstraat 11, 9000 Ghent. The aim of the event will be to share, discuss and exchange knowledge and experiences between companies doing business with or investing in China.
The programme will be as follows:
15h00 Registration
15h30 Introduction by Mrs Gwenn Sonck, Executive Director, Flanders-China Chamber of Commerce
15h35 Case studies of doing business and investing in China, by Mr Robert De Regge, CEO-ad interim and Chairman of the Board of Directors, Vitalo; and Mr Dirk Laeremans, General Manager, Orientas
17h00 Exchange of views and networking drink
If you are interested in attending, please register online at www.flanders-china.be before 10 March 2016.
Participation fee for FCCC members: 45€ (incl. 21% VAT), non-members: 90,75€ (incl. 21% VAT).
New measures to promote NEVs announced
By : fcccadmin
The Chinese government announced a new set of policies to promote new-energy vehicles (NEVs). As part of efforts to achieve “revolutionary breakthroughs” in battery performance, China will encourage cooperation between enterprises, universities and research institutions. More battery charging facilities will be built, with the sector receiving increased investment and subsidies. Other measures include increasing the share of NEVs in the public transportation system and enhancing their quality. China is to increase to more than half the proportion of new energy vehicle purchases made by some government departments. The government has been promoting electric vehicles as a way to reduce smog. New energy vehicles should account for more than 50% of annual new vehicle purchases of central government organs, public institutions and some cities, the government said. More battery charging facilities will be built, with the sector receiving increased investment and subsidies. Thanks to government incentives, the NEVs continued to gain popularity in China. The number sold in 2015 more than tripled year-on-year to 331,100 units.
Beijing’s Zhongguancun to attract more foreign talent
By : fcccadmin
The Ministry of Public Security released a host of measures to help Beijing’s Zhongguancun Science Park attract and hold overseas talent. The measures, which will take effect on March 1, are aimed at four groups: high-end foreign professionals, overseas Chinese who start businesses in Beijing, foreign students in Beijing, and foreigners who work for entrepreneurial startups in the city. A service center will be set up in Zhongguancun to review residency and visa applications from foreign professionals working in the Zhongguancun Science Park. The center will also provide consultation services to foreigners.
G20 Finance Ministers and bankers meet in Shanghai
By : fcccadmin
Structural reform is the recipe for mending faltering global growth and receding productivity gain, officials at the G20 meeting of Finance Ministers and Central Bank Governors in Shanghai said. “Whether the world can deliver strong, inclusive and sustainable growth really depends on the pace of structural reform,” Chinese Finance Minister Lou Jiwei said. “The overall reform of the G20 has lagged behind expectations in recent years, so it is critical to strengthen the G20 reform agenda.” Lou’s remarks are seen as a nuanced criticism that seven years after the global financial crisis, governments around the world still have been relying mainly on monetary easing to stimulate the economy at the expense of structural reform. Commenting on the fiscal deficit this year, Lou said China’s deficit ratio is set to rise, without giving details. Most economists expected China’s ratio of fiscal deficit as a percentage of GDP to rise to above 3% from last year’s 2.3%. “Unlike other economies, China has room to expand the deficit,” Lou said. But he warned against complacency, stressing that the room is not “infinite”. IMF Managing Director Christine Lagarde also noted that the supply-side reform could risk tightening demand, which is why she called for “a mix of mutually reinforcing demand and supply policies”, the China Daily reports. China plans to take measures that will include deregulation to improve the business environment, targeted tax cuts to support industry, liberating the labor market to encourage employment, and accelerating urbanization to absorb migrant workers as urban residents.
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