The European Union Chamber of Commerce (EUCC), the voice of European Business in China, launched the European Business in China Position Paper 2006-2007 at a news conference, Tuesday.
An advance copy of the Paper, the premier annual publication of the EUCC in China was presented on Monday evening to Minister Bo Xilai of Commerce during a dinner celebrating China¡¯s five-year WTO Partnership.
¡°Trade between China and Europe has largely benefited both economies. Te European Union remains China¡¯s largest trading partner and China the EU¡¯s second largest,¡± said Serge Janssens de Varebeke, the president of the European Chamber at Tuesday¡¯s confer. In his speech, Janssens de Varebeke stated that China has successfully implemented the majority of WTO commitments ahead of schedule, and more than 90 percent of European companies feel optimistic on overall business in China. Nevertheless, ¡°European companies still face some obstacles,¡± said Janssens De Varebeke. The president said that ¡®Transpncy¡¯ and ¡®Intellectual Property Righ¡¯ (IPR) remain the main concerns of doing business in China and a large majority of the Chamber¡¯s members would hope for better enforcement of IPR law and regulations. The Position Paper published each year is the most important communication tool that the European Chamber utilizes to convey operational business concerns of European companies to policy makers in the Chinese government and the European authorities and represents the overall view of European companies doing business in China.
Source: Beijing Today