EURObiz May/June 2018

EURObiz May/June 2018 Go back »

Published on:

2018-06-22
Category:

EURObiz
Keywords:

state aid, market access, CM2025, investment, Industry 4.0, development

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17 years after the World Trade Organization accession agreement Chinese companies have become globally competitive. However, the significant use of state support and state aid to pursue goals laid out by Chinese authorities threatens the long-term health of these businesses and prohibits European businesses from competing on a level playing field. A frequently cited worry is the China Manufacturing 2025 (CM2025) initiative, a plan that is breathtaking in scope. While China’s attempts at advancing its domestic economy are not inherently problematic, the tools being used in CM2025, and in similar large-scale projects like the Belt and Road Initiative, give international companies cause for concern. To better understand this issue, European Chamber members have contributed articles to EURObiz on a number of different issues relating to state-led development, including Chinese overseas investment, intellectual property protection and state aid. Also featured in this issue:

a discussion on new European Union regulations and advancements in fintech,
an attempt in understanding market access in China, and
what role the city of Panjin has played in China’s growth.

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