| Newsletter, September 2021 |
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From the desk of the President
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Dear Members and Friends
Welcome back from your holidays! Many of you have been traveling in the last few weeks, made possible by the significant increase in vaccination rates throughout Europe. Overseas travel remains highly restricted, and the Delta variant means that plans to open borders and remove travel restrictions had to be postponed. As a result, virtual meetings are still often the only way to meet overseas partners.
That is also true for the Joint Economic Commission (JEC) meeting in September. These annual meetings are usually held alternately in China and Switzerland. This year’s meeting will be held virtually, a first in the many years that these meetings took place. The Chamber has prepared input, and we will be present at the meeting as in previous years.
Of course, the virtual format of the JEC will limit the time the delegation members can talk to each other. Informal discussions are key for understanding the bigger context of the economic situation. We are looking for ways to ensure that these essential information exchanges and gatherings can take place, a first opportunity was the Chamber’s Summer Apéro in August in Zurich. If you have other suggestions, please contact our office.
Several economic sectors in China have been subject to recent regulatory changes. Also, the rollout of the 14th five-year plan has started. In light of the dynamic developments in the Chinese economy, we encourage our members to identify and respond to relevant changes and regulatory requirements in their specific industry sector. The Chamber is also monitoring these developments. Please check the website for links and announcements on this topic.
The SCCC board and advisory committee members will meet in early October for their annual meeting
to discuss developments in Swiss-Chinese economic relations. The goal is to identify challenges and opportunities for the future and how SCCC can best position itself to best serve you, our members. Preparations are underway to ensure that we have good input for the discussion.
With all this activity, there was no summer break for the Chamber office, but the situation was made easier by the not-so-summery weather. Let’s hope for the summer of 2022!
Kind regards and stay healthy,
Felix Sutter
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Upcoming Events |
Announcements |
News |
Member Offers |
New Members |
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Member Price @ 71st International Retail Summit
GDI, Langhaldenstrasse 21, 8803 Rüschlikon
September 09, 2021 |
10:00-17:00 |
Add to calendar
| Get your ticket at favorable member price for this year's International Retail Summit under the topic of "Moving Closer: Retail in Vulnerable Times". |
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Monthly Virtual Get-Together
| Participate in our monthly get-together and enjoy casual conversations with fellow SCCC and SHKBA members. |
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SCCC Legal Chapter 2021 Forum
MLL, Schiffbaustrasse 2, 8031 Zürich
September 22, 2021 |
14:30-19:00 |
Add to calendar
| The SCCC Legal Chapter will again tackle topical issues from both, the Swiss and the Chinese side at its Forum 2021. |
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New Silk Road Forum VI
| This year's New Silk Road Forum will provide an update on the status quo of the Belt and Road Initiative. |
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Montreux Jazz Festival China: 29 days to take-off!
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The world-famous Montreux Jazz Festival, which is held every summer in Switzerland on the shores of Lake Geneva, will celebrate the launch of its offshoot in Hangzhou, China, on October 5, 2021. Created in 1967 by Claude Nobs, the Montreux Jazz Festival is one of the world’s most renowned music events, generating fantastic stories and legendary performances. The first Montreux Jazz Festival China (MJFC) will take place from October 5 to 8, 2021, in the beautiful city of Hangzhou. Click here to read the full media release of Montreux Jazz Festival China. |
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Reading Sample: Organizational Culture in Globally Active Companies
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In his new book "Organizational Culture in Globally Active Companies", Dr. Hans Roth creates a fundamentally new understanding of the complex concept of organizational culture. The book enables managers to understand the cultural background in business activities and to take it into account in national and international management. Through this link, you can download an exclusive reading sample of the book to learn more about the importance of organizational culture in the management of multinational corporations. |
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Aug 24, 2021 / News
Fuel-cell vehicles on the rise in China’s truck market
Currently, fuel cell vehicles account for less than 5% of the commercial truck market in China and that could grow to about one-third of total market share in 2050. China is leading the world in hydrogen production and accounts for a third of global output.
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Aug 30, 2021 / News
China's Data Security Law enters into force on September 1, 2021
| The essential role of data in economic development, social governance and people’s daily life has become more and more prominent in China and, in the meantime, data security has become a big concern for national security as well as for economic and social development. |
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Sep 01, 2021 / News
China ramps up healthcare reform with pilot pricing scheme
China stepped up its reform of public healthcare service pricing mechanisms with the announcement of a pilot program aimed at ensuring proper compensation for service providers and affordable costs for consumers.
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Sep 01, 2021 / News
The Anti-Foreign Sanctions Law - WENFEI China Legal Report
On June 10, 2021, China released the Anti-foreign Sanctions Law (“AFSL”). The Anti-foreign Sanctions law, consisting of 16 articles, aims at responding to foreign sanctions with China’s own countersanctions. In this publication, we will introduce the key content and provide suggestions to foreign companies in China.
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Sep 01, 2021 / News
China Steps Up Monetary Support for Economy Hit by Virus
The People’s Bank of China will provide 300 billion yuan ($46.4 billion) of low-cost funding to banks so they can lend to small and medium-sized companies. Other measures include interest subsidies to firms hit hard by the pandemic and a bigger role for local special bonds in driving investment.
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Sep 02, 2021 / News
China to set up mainland’s third stock exchange in Beijing
Chinese President Xi Jinping has announced plans to set up a new stock exchange in Beijing as well as more digital trade pilot zones. All future listed companies on the Beijing exchange will be from the innovative sector already operating in the over-the-counter (OTC) market. |
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Sino-Swiss Digital Business Matching Series 2021
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As an SCCC member, you now have the opportunity to profit from the Sino-Swiss Digital Business Matching Series 2021 by Generis to record a digital company presentation for China and enter the Chinese market today. More information on the offer can be found on our website. |
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Huawei IdeaHub
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Huawei and China Unicom are now extending an exclusive special offer for members of the SCCC: Purchase a 65'' Pro Huawei IdeaHub now and get a discount of CHF 1,000.- (new price: CHF 6,500.- instead of 7,500.-; excl. VAT) More product information can be found in the catalogue. Please contact wei@sccc.ch if you are interested in this offer. |
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SCCC Summer Apero
On August 11, members and friends of the SCCC convened for a casual networking apero.
August 11, 2021 |
18:00-21:00
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We welcome our new Company Members of the SCCC: |
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Novumoto Energy Systems Ltd.
Our passionate mission is to work with cities and communities to develop integrated, intelligent, green mobility solutions that promote energy-efficient initiatives and the environment.
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Russenberger Prüfmaschinen AG
RUMUL is producing and selling worldwide resonant fatigue testing machines for high cycle and crack growth fatigue testing on specimens and components. |
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Solution Partners Global Ltd
Solution Partners Global advises successful entrepreneurs worldwide in a highly confidential manner. Services include M&A advice, valuations, deal initiation, sounding board, sourcing and structuring of debt, mezzanine and equity financings, IPO preparation, commercial partnerships, family wealth management advice. |
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We welcome our new Individual Members of the SCCC: - Chen Yisong
- Niklaus Remund
- Wang Xinyu
- Wang Ying
Not a member yet? Apply for membership HERE. |
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一日之计在于晨。
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Yīrì zhī jì zàiyú chén.
A day's planning is done at dawn. – Make your plans early.
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| The Industrial and Commercial Bank of China is the largest bank in the world. Its Swiss branch was entered in the Commercial Register on 11 December 2017 and officially opened in Zurich on 21 June 2018. ICBC Zurich offers valuable networks and comprehensive services and advice to Swiss investors intending to invest in China. |
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