Chamber News

Analysing the key takeaways, facts and figures from the 2022 Government Work Report, and what these mean for British businesses

The British Chamber has partnered with Herbert Smith Freehills to bring you an introduction to China’s National Green Power Trading Market - what is to be traded, who can participate, and how does it all work?

As 2022 begins, we’re running you through some of the major developments that we’ll be watching for in the next year, and what British businesses in China need to keep in mind. Read on to find out what the key trends will be in 2022 in UK-China relations, pandemic issues, climate change, and many other key issues.

At the Sixth Plenum, the 19th CPC Central Committee adopted a rare historical resolution on the “major achievements and historical experience” of the CPC in the century since its founding as well as its “future directions.” The Sixth Plenum was particularly important as it took place at a critical historic juncture in the CPC’s plans to achieve “national rejuvenation” through two centennial goals – the building of a “moderately prosperous society” by 2021 and transforming China into a “great modern socialist country” by 2049. In the “new era,” Chinese authorities can be expected to further intensify efforts to build a more self-reliant, sustainable, and inclusive economy at home, while pursuing an increasingly assertive foreign policy abroad. Going forward, businesses should be aware that the concept of achieving “common prosperity” will be at the heart of the official economic agenda.