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From the desks of the Presidents


Dear Members and Friends

After three years of pandemic-related travel restrictions to China, there is now a rush in traveling to China once again. The old Chinese greeting, "Have you eaten?" has been replaced with "Have you been to China since CNY?" At the SCCC office, we are working hard to welcome all the official Chinese delegations, while also being aware of many more corporate and private delegations from China traveling to Europe. The same is true for Swiss companies' delegations undertaking the journey to China. The challenge now is not finding partners to discuss and engage with, but rather the challenge is the travel to China and other places in Asia. Flights are packed, seats are scarce, and prices are substantially higher than in the past.

The takeaway from this flurry of activities is that there will not be a substantial decoupling between China and the rest of the world, despite all the media reporting on supply chain repositioning and politicians requiring such steps. The global economies are simply too intertwined. Instead, supply chains will be refocused on regional needs, such as producing in China for China or Asia. Additionally, new, smarter ways to produce, driven in part by higher salary costs and a shortage of skilled labor forces, will result in more efficient, less energy-consuming processes. Coupled with consumer awareness of CO2 emissions created by transportation of goods, the need for near-shoring of products whenever possible will take place.

China's decades of infrastructure building within its boundaries have provided the platform on which the economy was and continues to be built by myriad entrepreneurs. The ability and capability of the Chinese economy to produce on a massive scale will create a model where China remains one of the few backbones of global manufacturing, producing essential materials and parts that will then be shipped to other ecosystems around the world. Outsourcing to Malaysia or Vietnam does not mean that a major share of the assembled parts is not sourced from a China-based supplier. This is how we at SCCC interpret the statements made by State Secretary of the Treasury, Janet Yellen, that a US-China decoupling is not in the interest of the global economy.

Noting that India has surpassed China as the country with the highest number of citizens demonstrates that demographic pressure is starting to impact the Chinese economy. This pressure manifests itself in many ways, including changing consumer behaviors, needs placed on the service industry, and the availability of skilled labor forces. The Chinese government's recent comment that university graduates should consider taking on product-creating jobs in the economy is not only to lower the historically high youth unemployment rate but also to address labor shortages arising from the demographic changes.

All of the above are the reasons why there are so many activities related to the Chinese economy in the media and in the form of events. Understanding these developments and drivers is key to the Swiss economy and to securing our wealth as a nation and citizens. SCCC will support you in that process and will identify the most important events, trends and issues to participate in, consider, and observe.

We wish you a flowery May with less rain and higher temperatures. The next newsletter will be issued in early June, the month the SCCC AGM will be held.

Kind regards







Felix Sutter
President Zurich
Headquarter
Alexandre Gaillard
President Romandie
Chapter
Alex Chung
Chairman Ticino
Chapter

In this Newsletter

Upcoming Events Announcements News New Members Past Events

Events

 register

Swiss-Chinese Life Sciences Forum 2023

Novartis Campus | Visitor Center, Fabrikstrasse 6, 4056 Basel
May 04, 2023 | 09:00-12:00 | Add to calendar
You are invited to the Swiss-Chinese Life Sciences Forum 2023!
 register

Luncheon SCCC Legal Chapter: The New Swiss Company Law

Zunfthaus zur Waag, Münsterhof 8, 8001 Zürich
May 09, 2023 | 11:45-14:00 | Add to calendar
Welcome to the SCCC Legal Chapter Luncheon!
 register

43rd Annual General Meeting SCCC & 18th AGM of SHKBA

UBS Conference Center Grünenhof, Nüschelerstrasse 9, 8001 Zürich
June 14, 2023 | 17:30-20:00 | Add to calendar
Meet members in person again at the AGM 2023!
 register

73rd International Retail Summit - Special Member Price

GDI Gottlieb Duttweiler Institute, Langhaldenstrasse 21, 8803 Rüschlikon
September 07, 2023 | 09:30-18:00 | Add to calendar
Welcome to the 73rd International Retail Summit in GDI.
 register

SAVE-THE-DATE Luncheon - SCCC Legal Chapter: Recent Developments in Data Protection in China and Switzerland

Widder Hotel Zürich, Rennweg 7, 8001 Zürich
September 19, 2023 | 11:45-14:00 | Add to calendar
Welcome to the SCCC Legal Chapter Luncheon!
 register

SAVE-THE-DATE Luncheon - SCCC Legal Chapter

Widder Hotel Zürich, Rennweg 7, 8001 Zürich
November 08, 2023 | 11:45-14:00 | Add to calendar
Welcome to the SCCC Legal Chapter Luncheon!

Announcements

Win a Sponsored Trip to the Smart China Expo 2023

SinoSwiss Technopark, Chongqing, China
August 22, 2023 | 09:00-17:00
register
Boost your business growth with an all-expenses-paid trip to Asia's premier tech event - the Smart China Expo! Be one of the 20 shortlisted businesses to enjoy:
  • 3 days of exclusive B2B & B2C networking
  • tailor-made matchmaking & meeting arrangements with investors, distributors and suppliers
  • personal project manager & translation services
  • active participation in SSBICom's exclusive investors pitching event
  • complementary roundtrip, transport, accommodation and food
Apply now and skyrocket your success at Smart China Expo with SSBICom!
Application Deadline: June 30, 2023

Add to calendar

Get useful answers about doing business in China!

Visit the China Business Guide
The China Business Guide is a website with very useful information about doing business in China. You will find key questions and answers for business relevant topics. Answers are available in German and English.

Should you need any tailored answers to your specific questions, our experts from the various business industries are here to assist you in your projects.

News Switzerland - China

         
 
Apr 30, 2023 / News
One in 5 young people in Chinese cities are out of work. Beijing wants them to work in the fields
As the jobless rate among China’s youth soars, the country’s richest province has offered a highly controversial solution: Send 300,000 unemployed young people to the countryside for two to three years to find work.
 
Apr 30, 2023 / News
China is second most costly country to raise a child behind South Korea, report warns
The cost of raising a child until the age of 18 is 6.9 times GDP per capita, twice the rate in Germany and three times that in France.
 
         
 
Apr 30, 2023 / News
India joins China in De-dollarization Drive
In recent years, a movement called “de-dollarization” has gained momentum, as countries seek to reduce their dependence on the US dollar and promote greater economic sovereignty.
 
Apr 27, 2023 / News
Schweizer Geschäftsreisende fliegen wieder nach China
Nach den Corona-Lockerungen reisen Schweizer Businessleute wieder vermehrt nach China. 2022 war das "Reich der Mitte" international auf Platz 27 der Geschäftsreisenden abgerutscht, nachdem es vor der Pandemie auf dem zweiten Platz hinter den USA gelegen hatte.
 
         
 
Apr 21, 2023 / News
Bund sieht vorerst keinen Handlungsbedarf bei Tiktok
Drei Millionen Menschen in der Schweiz benutzen Tiktok. Firmen und politische Parteien investieren viel Geld in ihre Kanäle auf der App. Aber seit einiger Zeit steht die App in der Kritik – und wird aus Angst vor Spionage aus China auf Diensthandys verboten.
 
Mar 02, 2023 / News
China and Russia test Switzerland's long-standing neutrality
Five Swiss parliamentarians were in Taipei's presidential office early last month, receiving a warm welcome from President Tsai Ing-wen.
 

New Members

         
 

Raum GmbH

Raum GmbH is your partner for the rental and effective use of premises. They are committed to avoiding vacancies and helping you find the ideal location for your needs. They offer flexible and short notice solutions.
 

Turner & Townsend

The expertise of Turner & Townsend Schweiz GmbH covers the entire project life cycle, supporting Swiss clients such as Zurich Insurance, Credit Suisse, Lonza, Johnson & Johnson, and Microsoft.
 

We welcome our new Individual Members:

  • Nicolas Eckert
  • Jingshu Yang
  • Jing Fidanza-Chen

Not a member yet? Apply for membership HERE.

Past Events

China in 2023: a “new” normal? Impact and Outlook

CEIBS Zurich Campus, Hirsackerstrasse 46, 8810 Horgen
March 29, 2023 | 12:30-19:30
  To gallery

Proverb of the month

听君一席话,胜读十年书。


Tīng jūn yì xí huà, shèng dú shí nián shū.

Listening to a lord's remarks is better than reading books for ten years.


Partners

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.
 
 
Gunvor Vischer AG
 
 
 
PwC Switzerland Global Enterprise Air China
 

Swiss-Chinese Chamber of Commerce

Zurich Head Office
Kappelergasse 15
8001 Zurich

Phone: +41 44 421 38 88

info@sccc.ch
Romandie Chapter
4, bd du Théâtre
1204 Geneva

Phone: +41 22 310 37 10
info.romandie@sccc.ch
Ticino Chapter
c/o Alex Chung
Piazza Riforma 1
6900 Lugano
Phone: +41 58 866 70 95

ticino@sccc.ch
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