Advocacy

MOFCOM has announced a target of attracting USD 700 billion in foreign direct investment cumulatively within the next five years. The Plan pledges to continue opening up to foreign investment, with a particular focus on market opening, fair competition and local-level policy innovations. Strengthening the government’s ability to mitigate risks, from oversight of cross-border technology transfers to national security review mechanisms, is also a key theme.

China’s new Leading Small Group (LSG) on peak carbon and carbon neutrality was announced on the 27th LSGs are informal mechanisms that allow for high-level coordination between different departments and local governments on specific policy areas. The LSG on carbon neutrality includes several key ministries and significant political figures, and is focused on a challenge that President Xi has personally tied himself to – all of which should grant it strong influence compared to other LSGs.

BritCham China has partnered with Acclime China to lay out what companies need to know ahead of changes to Individual Income Tax (IIT). Our policy briefing summarises our expectations of what will and will not be included in the new…

The UK recently characterised China as a major systemic challenger, but bilateral trade in 2020 remained robust. British businesses’ operations in China are now included in services exports, doubling the size of previous estimations. The UK and China have continued to cooperate in certain areas, such as ESG and academic exchange, and this engagement must be preserved.

By Anika Patel and Mark Preen   A front-seat view to UK-China trade Today, the British Chamber of Commerce in China celebrates 40 years of supporting enterprises in market and bringing together the business community. Since the establishment of Chamber…

This year marks the return of the GDP growth target, but actual growth will probably exceed expectations of 6% in 2021. Many of the commitments to market opening were repeated from last year, but opening in services industries would nevertheless…

The appointment of an official to the post for the first time in two years signals a strengthened and more coordinated trade policy going forward Yu has significant experience representing China in trade disputes, US-China trade negotiations and human rights charges

The UK’s Brexit deal will guarantee tariff-free trade for most goods but does little for important sectors such as financial and professional services Enhanced market access and constraints on the behaviour of SOEs were among the outcomes of the EU-China investment deal As part of ‘global Britain’, the UK should look to strengthen economic cooperation with China to support its post-COVID recovery and help offset lost economic output from Brexit