Belt and Road Studies Network holds Initiators Council meeting
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Belt and Road Studies Network holds Initiators Council meeting
3 Dec 2021
BEIJING, Dec. 2 (Xinhua) -- The Belt and Road Studies Network (BRSN) held a meeting of its Initiators Council on Thursday, both online and offline. The council reviewed its work since the last meeting, discussed work for the next stage, and elected a new chairperson. He Ping, the newly-elected chairperson of the council and president of Xinhua News Agency, delivered a speech. He said Chinese President Xi Jinping's speech at a recently-concluded symposium on the Belt and Road Initiative (BRI) showed China's determination and confidence in carrying forward high-standard opening-up. Xi's speech also demonstrated the responsibility that China shoulders in promoting the common values of humanity and building a community with a shared future for humanity through the BRI, He added. As an important force in jointly building the BRI, the network should play a bigger role in converging wisdom and strength to promote the high-quality development of the BRI, tell its stories and deepen people-to-people exchanges, He said. Thirteen representatives of Chinese and foreign think tanks attending the meeting shared their study results and praised the opportunities brought by the BRI. They expressed their willingness to strengthen cooperation and exchanges, produce more valuable and pragmatic study results and provide intellectual support to the BRI's development. The meeting was presided over by Fu Hua, editor-in-chief of Xinhua. The BRSN, co-initiated by Xinhua and 15 other think tanks, was inaugurated in April, 2019. Source: Xinhua
Argentina expects to jump aboard the BRI express
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Argentina expects to jump aboard the BRI express
3 Dec 2021
Visitors gather at the booth of Argentine wine products during the fourth China International Import Expo in Shanghai. [Provided to China Daily] Argentina plans to formally announce the decision to join the Belt and Road Initiative next year, when China and Argentina mark 50 years of diplomatic ties, Sabino Vaca Narvaja, the Argentine ambassador to China, said in Beijing on Thursday. The BRI will help promote a more harmonious world, and Argentina is bullish on the economic growth prospects of China and China's huge consumption potential, the ambassador said on the sidelines of the 2021 Belt and Road Trade and Investment Forum. Since the outbreak of COVID-19, China has shown itself to be a responsible big country in fighting the pandemic, and Argentina is grateful for China's help in providing pandemic prevention goods and medical products, the ambassador said. So far this year, Argentina has purchased 30 million doses of COVID-19 vaccines from China's Sinopharm and another 5 million doses of vaccines from CanSinoBIO. It has helped Argentina to achieve its vaccination plan. Next, Argentina plans to cooperate with Chinese companies in technologies and produce Chinese vaccines in Argentina, he said. Li Daokui, an economist with Tsinghua University and a national political adviser, said: "As COVID-19 continues to wreak havoc globally, the BRI has become particularly important. Countries involved in the BRI should unite together, share related information about pandemic prevention and further strengthen cooperation." Zhang Shaogang, vice-chairman of the China Council for the Promotion of International Trade, said that in the past two years, the pandemic has had a significant negative impact on the global economy, while the BRI has showed its resilience and various kinds of cooperation between involved markets have expanded. For Argentina, it hopes to further expand cooperation with China in e-commerce. Argentina would like to set up country flagship stores on major e-commerce platforms such as Taobao and JD, as Argentina hopes to further grow its digital economy. In the past few years, Argentina and other Latin American countries exported various kinds of foodstuff to China, including coffee, beef, wines, seafood and soybeans. Chinese consumers have welcomed these foods, the ambassador said. In addition, as China has committed to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060, Argentina said it has numerous renewable energy resources such as lithium ore, and it hopes to expand cooperation with China in lithium battery-powered vehicles. In addition, Argentina plans to open a new consulate in Chengdu, Sichuan province, as it attaches importance to potential cooperation opportunities in Southwest China. Argentina hopes to officially launch the new consulate next year. Earlier this year, Chengdu debuted its new Chengdu Tianfu International Airport. Along with Beijing and Shanghai, the city now operates two large-scale international airports. When the pandemic is brought under better control, Argentina hopes to expand cooperation with Chengdu in the tourism sector. "We are considering launching direct flights between Argentina and China, with a stopover in New Zealand. Now, we are in discussions about code sharing with Air China and Sichuan Airlines," he added. Source:China Daily
Belt and Road Initiative yields thriving trade, better connectivity in the past eight years
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Belt and Road Initiative yields thriving trade, better connectivity in the past eight years
2 Dec 2021
BEIJING, Nov. 30 (Xinhua) -- A container liner called "Dong Shun" slowly berthed at Yongzhou Container Terminal ofNingbo-Zhoushan port, east China's Zhejiang Province on October 1, 2021, which is the first ship to voyage the "Subsea Russian Line," a sea route connecting Vladivostok in Russia and the Ningbo-Zhoushan port and other sea ports in China. It is noted that the Yongzhou Container Terminal added some routes this year to connect the port with more B&R countries and regions. Over the past eight years, theBelt and Road Initiative(BRI) has yielded fruitful results, with infrastructure connectivity surging andtradecooperation increasingly deepened among the initiative's participating partners. From 2013 to September this year, China's totaltradevolume of goodswith the B&R countries and regions amounted to 10.4 trillion U.S. dollars, while its proportion in the country's total foreign trade picked up 4.1 percentage points from 2013 to 2020. -- Expanding business scale and enhancing cooperation The TCL China Optoelectronic Technology (Chengdu) Co., Ltd., which settled in Chengdu International Railway Port Economic Development Zone, was officially put into operation. "Thanks to the efficient logistics services of relevant departments, we have more confidence in our business development," said Sun Xiuhong, head of TCL's base in Chengdu, who added that now more than 90 percent of the parts and components needed by TCL's six assembly lines inPolandare transported on the China-Europe freight train route departing from Chengdu, making Chengdu an important export base for TCL to expand markets in the B&R countries and regions. By now, the China-Europe freight train, also known as "steel camel fleets", in Chengdu has conducted more than 2,000 trips, connecting the city with more than 67 stations globally. Southwest China's Sichuan Province witnessed an import and export volume of 228.97 billion yuan in the first ten months of the year with the B&R countries and regions, accounting for 30.4 percent of Sichuan's total foreign trade in the period. The China-Europe freight trains have become a major international trade channel across the Eurasian continent. By the end of October 2021, the freight trains have been running a total of 46,000 trips along 73 routes, connecting China with 175 cities in 23 European countries. With unimpeded logistics comes unimpeded trade. Over the past eight years, China has been enhancing trade cooperation with the B&R countries and regions. During the January to October period this year, China has witnessed total imports and exports valuing 9.3 trillion yuan with the B&R countries and regions, up 23 percent year on year. Among them, exports surged 21.9 percent year on year to 5.27 trillion yuan, while imports increased 24.5 percent year on year to 4.03 trillion yuan in the period. -- Creating new business forms and activating development momentum On November 17, 2021, a batch of parcels to be exported to Belgium was under customs inspection at China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Area, east China's Zhejiang Province. "The packages are delivered to a freight hub in Liege, Belgium, and then distributed to surrounding countries. After placing an order on the e-commerce platform, foreign buyers can receive packages sent from China in about five days," said a manager of the Business Department of Zhejiang Rongyitong Enterprise Service Co., Ltd, adding that the continuous development of cross-border e-commerce freight routes provides a reliable solution for exporting enterprises to explore overseas markets. In the first eight months of this year, Hangzhou has witnessed 3,826 cross-border e-commerce cargo flights to the B&R countries and regions, realizing a total export volume of 8.7 billion yuan, a fourfold year-on-year growth. At present, the accelerated development of new business forms and trade models, especially the cross-border e-commerce, market procurement trade, and overseas warehouses, has provided new possibilities for more small and medium-sized foreign trade enterprises to expand into the markets of the countries along the B&R, lowered the threshold of trade, and activated the momentum of high-quality development of foreign trade. -- Enhancing trade facilitation to realize win-win results At present, northwest China's Xinjiang Uygur Autonomous Region has begun to enter the international market with its characteristic forest and fruit products. Local agricultural producers in Xinjiang said that the enhanced trade facilitation has enriched the market supply of the B&R countries and regions and benefited local business entities. For example, the customs clearance procedure only takes less than half an hour. With the advantages of cost-saving and timely transportation, characteristic agricultural products such as ketchup and walnuts have been sold toItaly, Germany, Russia, Turkey, Kazakhstan, and other B&R countries and regions. Xinjiang has expanded its export goods from electronic products and daily necessities to more than 200 categories, including mechanical products, chemical products, food, and petty commodities, embracing new development opportunities. So far, China has signed seven free trade agreements with 13Belt and Road countriesand regions, according to the Ministry of Commerce (MOC). By strengthening cooperation with relevant departments at home and abroad, the Chinese Customs has signed the mutual recognition of Authorized Economic Operator (AEO) with 20 economies, including the European Union (EU) and Singapore, building an extensive circle of friends to improve trade facilitation. Various relevant organizations in China have been actively exploring new ways to promote joint development and achieve win-win results with B&R countries and regions. Source: Xinhua Silkroad
Interview: BRI strives to promote economic development of all participating countries, says expert
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Interview: BRI strives to promote economic development of all participating countries, says expert
2 Dec 2021
CAIRO, Nov. 30 (Xinhua) -- The Belt and Road Initiative (BRI) seeks to promote economic growth for all participating countries with real support from China, an Egyptian expert has said. "The initiative is good for all as it aims primarily to achieve sustainable development for involved countries, strengthen their economies and enhance cooperation in all fields," Diaa Helmy, secretary general of the Egyptian-Chinese Chamber of Commerce, told Xinhua. In this context, he said, China has invested huge funds, technologies and human resources into developing countries for the sake of their development and joint cooperation. "The initiative seeks to achieve economic growth and development for all participating countries with real, honorable and responsible support from China," the expert said, adding that China honors its responsibility as a member of the international community through cooperation and fair economic exchanges. Helmy pointed out that BRI is an economic development initiative by all standards, opposing allegations that attempt to distort and undermine the initiative. Recently, some think tanks claimed that the BRI aims to exploit developing countries, impose China's influence on African countries in particular, and reduce its pollution by transferring high carbon-emission industries to African countries. "All are false claims that reflect the bad faith of the promoters of these allegations," the expert noted, adding that such allegations were concocted to hamper cooperation between China and other countries. Helmy stressed that China is keen to innovate and provide the world with advanced modern technology, and would not transfer polluting industries. "The claim that the initiative focuses primarily on infrastructure is also not accurate," the expert said, adding that the initiative eyes the needs of participating countries, some of which have long suffered from weak infrastructure. Taking African countries as an example, he said China's help for them to build infrastructure within the BRI frameworkf is fully respectful to their needs and mutually beneficial. Helmy also refuted the allegation that BRI does not include high-tech cooperation, saying that in fact, China has offered participating countries advanced technologies and dispatched experts to provide technical support and training to the locals, so as to promote the localization of high-tech technologies. "The industrial parks promoted by the initiative have provided a large number of local jobs," he emphasized. Helmy concluded that BRI is in the interests of all parties involved. With a sincere and responsible attitude to the international community, China has built an equal and mutually beneficial economic cooperation platform and promoted the development of all relevant economies. "We can say that BRI is an initiative that benefits all participating countries in the 21st century," Helmy said. Source: Xinhua
E-commerce increasingly popular for MNCs in China
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E-commerce increasingly popular for MNCs in China
1 Dec 2021
Workers are busy packaging goods at an e-commerce industrial zone in Lianyungang, Jiangsu province, as China's Singles Day shopping festival starts. [Photo by Geng Yuhe/for China Daily] A growing number of multinational corporations are banking on cross-border e-commerce channels as a testing avenue for new product launches in China, with business representatives citing their convenience, cost-effectiveness and reliability. In a video speech to the opening ceremony to the fourth China International Import Expo earlier this month, President Xi Jinping said the nation will optimize the catalog of retail imports through cross-border e-commerce. This is music to ears for Beiersdorf, a German personal care products company that debuted during this year's CIIE. Several of its lineups, including skincare brand Eucerin, were initially available to Chinese consumers via e-commerce portals before being formally launched in the country. Through this approach, products stand to get a better chance of winning thanks to market awareness fostered online, said Ketin Lei, general manager for corporate affairs at Beiersdorf China. "E-commerce actually serves as a great testing ground for an army of nascent brands that do not yet have a cult following in China," Lei said. "Given the sheer size and vitality of the market, even for test runs, that's still hundreds of millions of yuan in business we are talking about." The China-Europe freight service connecting Hamburg, Germany and Shanghai, where the company is headquartered, provided an extra and more cost-effective choice for imported items. Snack giant Mondelez, the maker of the iconic Oreo cookie, is also using cross-border e-commerce to see whether a new product resonates with local consumers. For instance, the company's debut of the Stride Charcoal gum was first made available to Chinese customers on cross-border e-commerce sites and quickly developed an avid following. In less than a year, production of the gum was shifted from Thailand to its plant in Guangzhou, Guangdong province. This year, the company is applying the same strategy with Olina's wholesome healthy cookies of Gourmet Food, which was acquired by Mondelez, said Joost Vlaanderen, president of the company in China. "We have launched it online first to see how the customers respond," he said. "If it gets good (results), we might produce it locally." US food company General Mills, has just introduced its high-end pet food label Blue Buffalo to the Chinese market. The move represented the brand's first overseas expansion outside its home turf, and the products are also available through cross-border e-commerce channels, said James Chiu, vice-president and managing director of General Mills China. He said it is perhaps the best time for Blue Buffalo to enter China given its importance and strategic position, and that cross-border e-commerce is an ideal channel to make a debut. "Consumption upgrading is still the main theme for the Chinese market since COVID-19, with total retail sales of consumer goods in China resuming positive growth since August 2020 and the trend of upgrading in various consumer goods categories has become more evident," Chiu said. China's Ministry of Commerce said in the first seven months, total imports and exports to and from the European Union hit 2.96 trillion yuan ($33.2 trillion), soaring 26.7 percent year-on-year. Among them, imports reached 1.17 trillion yuan, with a growing percentage contributed by cross-border e-commerce. It is an increasingly common practice for foreign brands to use cross-border e-commerce to test run formal and large-scale new product launches in China, said Zhao Jian, general manager of Cainiao's global supply chain. "This is because it circumvents the need for the seller to register as a legal entity, requires simplified procedures and incurs shorter time frames." Source:China Daily
5-year plan to speed up integration of digital, real economies
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5-year plan to speed up integration of digital, real economies
1 Dec 2021
A technician checks chips at a technology company in Hangzhou, Zhejiang province. [Photo by Long Wei/for China Daily] China's top industry regulator unveiled a five-year plan on Tuesday to accelerate the integration of digital and real economies amid a broader push to lay down policy framework for the nation's industrial development until 2025. The Ministry of Industry and Information Technology said accelerating the deep integration of information technologies in all industrial chains is of great significance to promote industrial digitization and digital industrialization in the new era. According to the five-year plan, the ministry will adopt five special initiatives, including promoting manufacturing digital transformation and industrial internet platforms, to advance industrial upgrade. Xie Shaofeng, director of the information technology development department at the MIIT, said the five-year plan put forward both quantitative and qualitative objectives. For instance, by 2025, the nation aims to grow the penetration rate of industrial internet platforms to 45 percent and the popularization rate of digital research, development and design tools to 85 percent. The ministry said the integrative development of"5G plus industrial internet" is on a fast track in China. At this time, more than 100 influential industrial internet platforms have also been built. In addition, more than 1,800 5G plus industrial internet projects are under construction in China, covering 10 important industries including mining, coal and electricity. Ni Guangnan, an academician at the Chinese Academy of Engineering, said the intensified efforts to accelerate the development of the industrial internet will greatly improve production efficiency. Over the long term, it will boost the competitiveness of China's manufacturing on the global stage. On Tuesday, the MIIT also unveiled a five-year plan to cultivate the nation's big data industry. According to the plan, by 2025, the estimated scale of China's big data industry will exceed 3 trillion yuan ($471 billion), up from more than 1 trillion yuan in 2020, and the average compound annual growth rate will be maintained at about 25 percent. Xie said China's big data industry has grown quickly over the past five years, with the average compound annual growth rate exceeding 30 percent. He said the next five years will be an important period to build China into a manufacturing and digital powerhouse, which thus means new and higher requirements for the development of big data industry. Market research company International Data Corp predicts that by 2025, China's data will account for 27.8 percent of the world's total, ranking it first worldwide. Sun Ke, deputy director of the institute of political science and economics at the China Academy of Information and Communications Technology, a Beijing-based think tank, said that in the era of industrial digital economy, a large quantity of industrial data will be connected to the internet, which will further drive the development of the big data industry. Source:China Daily
Deputy Director General of Shaanxi Provincial Department of Commerce visits SRCIC
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Deputy Director General of Shaanxi Provincial Department of Commerce visits SRCIC
17 Sep 2021
On the afternoon of September 16, a delegation led by Sun Jinghu, Deputy Director General of Shaanxi Provincial Department of Commerce, paid a survey visit to the Shaanxi Representative Office of Silk Road Chamber of International Commerce. Accompanied by Diane Bian, Secretary General of SRCIC, Deputy Director General Sun visited the Tang West Market Museum and had a discussion meeting at the Belt and Road Cultural Exhibition Center. Discussion meeting Secretary General Bian introduced the establishment and development of SRCIC, and expressed that SRCIC would give full play to its member resources and its role as a non-governmental organization, and strengthen its collaboration with Shaanxi enterprises by providing tailored networking services for those aspiring to “go out” and achieving innovative development. Deputy Director General Sun pointed out that as an overseas non-governmental organization, SRCIC should operate in accordance with laws and regulations. It should leverage its role as a platform and bridge to help local firms to “go out” and facilitate cooperation between them and their potential foreign partners. In doing so, SRCIC will make a contribution to the development of Shaanxi Province. The discussion was also joined by Director of Foreign Affairs Liaison Division of Shaanxi Provincial Department of Commerce Li Xiaoling, Director of Foreign Trade Division Li Lin, Deputy Director of Foreign Affairs Liaison Division Guo Chen, Deputy Secretary Generals of the SRCIC Li Qiang and Huang Zhe.
Concurso de Dibujo México-China
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Concurso de Dibujo México-China
16 Jul 2021
Concurso Internacional de Dibujo para Niños y Jóvenes 2021 Capítulo China-México A fin de promover el intercambio cultural entre niños y jóvenes de China y México, así como profundizar el entendimiento mutuo y la amistad, fortalecer la cooperación en la cultura, el arte y el turismo entre ambos países, invitamos a los niños y jóvenes de entre 3 y 16 años de edad a participar en el Concurso Internacional de Dibujo para Niños y Jóvenes 2021, organizado por la Cámara de Comercio Internacional de la Ruta de la Seda (Shanghái) y el Consulado General de México en Shanghái. El tema principal del concurso de dibujo es " México en los ojos de los niños y jóvenes", que incluye: la Amistad entre México y China, Viajar por México, Paisajes del Caribe, Cuentos de hadas populares, Arquitectura, Gastronomía, Danza folclórica, Artesanía en general y El Día de Muertos. Los participantes estarán divididos en tres grupos: de 3 a 6 años, de 6 a 9 años y de 9 a 16 años. El concurso quedará abierto a partir de la publicación de la presente convocatoria y hasta el 31 de agosto de 2021. Para mayor información, favor de consultar al siguiente correo electrónico (atención en inglés o mandarín): info@bwfer.com
E-courses and specialised programmes offered by ICC Academy: Part Two
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E-courses and specialised programmes offered by ICC Academy: Part Two
12 Jul 2021
Dear SRCIC members, We are delighted to present to you E-courses and specialised programmes on trade finance and cross border transactions (Part Two) provided by ICC Academy. INTERNATIONAL BUSINESS Incoterms® 2020 Certificate (INCO) The Incoterms® 2020 Certificate (INCO) provides a comprehensive working knowledge of ICC's globally recognised commercial trade terms, which offer specific guidance for corporate professionals involved in trade and international business transactions, trade and logistics professionals and those working in legal and regulatory affairs. This professional certificate helps traders avoid costly misunderstandings by clarifying the tasks, costs and risks involved in the delivery of goods. The certification includes access to 7 online, interactive lessons and the final exam, also taken online. Total learning time is approximately 4-5 hours and the course is available in English or Spanish. › Lesson 1: Overview of Incoterms® Rules › Lesson 2: Definition of Incoterms® 2020 › Lesson 3: Obligations Part 1 › Lesson 4: Obligations Part 2 › Lesson 5: Comparison Matrix › Lesson 6: Industry Case Studies › Lesson 7: Assessment Learn more at: https://icc.academy/certifications/incoterms-2020-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Export/Import Certificate (EIC) The EIC is the ICC's international trade certification that provides comprehensive and practical knowledge on how to conduct cross-border transactions. It will benefit export and import managers, trade finance bankers, freight forwarders and carriers, customs brokers, private and government inspectors and auditors, insurance providers, trade lawyers and trade promotion executives. The certification is split across 5 courses and the final exam, all taken online. Each of the courses will take 3-4 hours to complete and is designed to give you an in-depth understanding of international trade processes and their related risks. In total the EIC will take approximately 21 hours to complete. COURSES › International Trade Overview › Business Transactions and Contracts › Financing and Security Devices › International Logistics and Sourcing › Global Business Management Learn more at: https://icc.academy/certifications/export-import-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Free Trade Agreement Certificate (FTAC) The ICC Academy's Free Trade Agreement Certificate (FTAC) is designed to simplify the often difficult and legalistic FTA rules to help businesses access new markets, higher gross margins through cost reduction, and the ability to source new suppliers at more competitive rates. This professional certificate provides a collaborative mapping of how business units can come together to overcome perceived technicalities and generate revenue-boosting solutions – applicable to any size and industry sector. Divided into 5 lessons, the programme was developed by Globalab's Principal Trainer, Maler Vilee, who has more than 15 years of experience working with governments in trade, investment and free trade agreements. The three-hour interactive course aims to train companies, especially small and medium-sized enterprises, to be adept at using FTAs to boost export competitiveness and identify new growth opportunities. › Lesson 1: Strategic Planning Behind FTAs › Lesson 2: Overview of the FTA basics › Lesson 3: Importance of FTAs for Business Operations › Lesson 4: Industry Case Studies › Lesson 5: Assessment Learn more at: https://icc.academy/certifications/free-trade-agreement-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Invoicing Solutions Certificate (ESC) The E-Invoicing Solutions Certificate (ESC) explains the steps necessary to adopt e-invoicing, the processes for successful implementation and its benefits with the aim of expanding business. Divided into 5 lessons, the programme has been created alongside Mastercard and in partnership with Basware and Xero. The certificate leverages a deep understanding of the digital payment ecosystem to increase the efficiency of an organisation’s finance operations while making it easier to transact with customers. › Lesson 1: Traditional Methods › Lesson 2: E-Invoicing Overview › Lesson 3: Going Digital › Lesson 4: Industry Case Studies › Lesson 5: Assessment Learn more at: https://icc.academy/e-invoicing-solutions-certificate-esc/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Microfinance Associate Certificate (MAC) The Microfinance Associate Certificate (MAC) provides a practical overview and leverage a deeper understanding of challenges and processes required to achieve businessreadiness for anyone joining the microfinance industry. Comprising 5 courses, the programme has been created in partnership with Satin Creditcare Network (SCNL), one of the world’s leading microfinance providers. Microfinance institutions and services provide financial assistance and awareness to people living in less-developed economies. The certificate covers the primary models, application methods and impact of microfinance, as well as the possible risks and mitigation strategies. Courses › Introduction to Microfinance › Microfinance Ecosystem and Application › Microfinance Technology and Analytics › Microfinance Risk and Mitigation › Microfinance Indicators and Impact Learn more at: https://icc.academy/microfinance-associate-certificate-mac/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC
E-courses and specialised programmes offered by ICC Academy: Part One
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E-courses and specialised programmes offered by ICC Academy: Part One
9 Jul 2021
Dear SRCIC members, We are delighted to present to you a series of e-courses and specialised programmes on trade finance and cross border transactions provided by ICC Academy. ABOUT THE ACADEMY Founded in 2015, The ICC Academy is a ground-breaking e-learning platform brought to you by the International Chamber of Commerce (ICC), the world’s business organization. We offer dynamic e-courses and specialised programmes on trade finance and cross border transactions designed by leading industry experts to meet the educational needs of banks, corporates and other organisations at the forefront of international trade. We are part of the International Chamber of Commerce (ICC) –the world’s largest business organization representing more than 45 million companies in over 100 countries. ICC’s core mission is to make business work for everyone, every day, everywhere. Through a unique mix of advocacy, solutions and standard setting, ICC promote international trade, responsible business conduct and a global approach to regulation, in addition to providing market-leading dispute resolution services. ABOUT THE COURSES & PROGRAMMES Part I: TRADE FINANCE Global Trade Certificate (GTC) The GTC is an introductory-level programme designed to help you build a foundational understanding of global trade finance solutions. It will benefit transactional and relationship managers—as well as executives from management, credit, legal and compliance functions. Comprising 6 core courses and 3 electives, the industry-validated syllabus was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. Each course has been tailor-made to learn the essentials of global trade finance. CORE COURSES › Introduction to Trade Finance › Introduction to Collections › Introduction to Distributor Finance › Introduction to Documentary Credits › Introduction to Guarantees › Introduction to Receivables Finance ELECTIVE OPTIONS (Select 3) › Introduction to Capital and Pricing › Introduction to Compliance › Introduction to Cross Border Trade › Introduction to Fraud and Reputational Risk › Introduction to Risk Distribution › Introduction to Standby Letters of Credit › Introduction to Supply Chain Finance › Introduction to Trade Finance Sales Learn more at: https://icc.academy/certifications/icc-global-trade-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Certified Trade Finance Professional (CTFP) The Certified Trade Finance Professional (CTFP) is an advanced professional certificate programme providing training and certification on key trade finance products, techniques and compliance issues. Comprising 5 core courses and 4 electives, the industry-validated syllabus was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. Each e-course has been tailor-made to develop the skills needed to sell, deliver and process global trade finance solutions. CORE COURSES › Advanced Working Capital for Trade › Advanced Documentary Credits › Advanced Guarantees › Advanced Supply Chain Finance › Export Finance ELECTIVE OPTIONS (Select 4) › Digital Trade Finance and Fintechs › Managing Trade Sales › Managing Trade Operations › Managing Trade Products › Advanced Commodity Finance › Advanced Standby Letters of Credit Learn more at: https://icc.academy/certified-trade-finance-professional/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC To be continued!
Sino-Greece Session: 2021 International Youth Friendly Art Exchange Competition
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Sino-Greece Session: 2021 International Youth Friendly Art Exchange Competition
6 Apr 2021
Aiming at the promotion of mutual understanding and friendship as well as of cooperation in the fields of culture, art, tourism and sports amongst countries through art exchanges of young people, the Sino-Greece Session of the International Youth Friendly Art Exchange Competition will be held, under the auspices of the Consulate General of Greece in Shanghai. The main themes of the painting competition are: “Friendship between Greece and China”, “Children see Greece”, “Go to Greece with a Sketchpad”, “Greek mythology”, “Aegean scenery” and “Mediterranean food”. Participants will be divided in three groups: 3-6 years old, 6-9 years old, 9-16 years old. The deadline for the submission of paintings is April 20, 2021. For further information, please contact info@bwfer.com.
SRCIC Attends Education, Economic and Trade Cooperation Meeting between Shaanxi and Mogilev
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SRCIC Attends Education, Economic and Trade Cooperation Meeting between Shaanxi and Mogilev
7 Dec 2020
2 December 2020, the online exchange meeting concerning education and economic and trade cooperation was held between Shaanxi, China and Mogilev, Belarus. Speeches were delivered respectively by Yao Hongjuan, Member of the Shaanxi Provincial Party Committee and Director of the Provincial Foreign Affairs Office, Tang Yugang, Deputy Director of the Department of Commerce, Marinenko Pavel Leonidovich, Vice Chairman of the Executive Committee and Economic Committee of Mogilev, Ivanistov Aleksandr Nikolaevich, Director of the Scientific Research Department of the Belarusian Academy of Agricultural Sciences, Yartsev Andrey Viktorovich, Director of Free Economic Zone of Mogilev, and Luo Jun, Vice President of Northwest Agricultural and Forestry University. In addition, representatives of 12 enterprises in food industry, meat import and export, dairy products and other fields promoted their products at the meeting. Diane Bian, Secretary General of the SRCIC, was also invited to the online meeting. SG Bian introduced the major conferences and international activities held by the SRCIC since its establishment, and also elaborated how the SRCIC actively use its member network and cooperative platform to boost economic and trade cooperation, and cultural exchanges between China and Belarus. SG Bian said that the SRCIC is committed to mobilizing its member resources to strengthen the collaboration between the Sino-Belarusian business communities and enabling the enterprises of Shaanxi and Mogilev to participate in the Belt and Road construction, so as to share the development dividend of the B&R initiative. Finally, SG Bian gave an introduction to the Silk Road Urban Alliance (SRUA) initiated by SRCIC in 2018. She warmly welcomed Mogilev to join in the SRUA for the potential collaboration and win-win development.
Belt and Road Studies Network holds Initiators Council meeting
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Belt and Road Studies Network holds Initiators Council meeting
3 Dec 2021
BEIJING, Dec. 2 (Xinhua) -- The Belt and Road Studies Network (BRSN) held a meeting of its Initiators Council on Thursday, both online and offline. The council reviewed its work since the last meeting, discussed work for the next stage, and elected a new chairperson. He Ping, the newly-elected chairperson of the council and president of Xinhua News Agency, delivered a speech. He said Chinese President Xi Jinping's speech at a recently-concluded symposium on the Belt and Road Initiative (BRI) showed China's determination and confidence in carrying forward high-standard opening-up. Xi's speech also demonstrated the responsibility that China shoulders in promoting the common values of humanity and building a community with a shared future for humanity through the BRI, He added. As an important force in jointly building the BRI, the network should play a bigger role in converging wisdom and strength to promote the high-quality development of the BRI, tell its stories and deepen people-to-people exchanges, He said. Thirteen representatives of Chinese and foreign think tanks attending the meeting shared their study results and praised the opportunities brought by the BRI. They expressed their willingness to strengthen cooperation and exchanges, produce more valuable and pragmatic study results and provide intellectual support to the BRI's development. The meeting was presided over by Fu Hua, editor-in-chief of Xinhua. The BRSN, co-initiated by Xinhua and 15 other think tanks, was inaugurated in April, 2019. Source: Xinhua
Argentina expects to jump aboard the BRI express
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Argentina expects to jump aboard the BRI express
3 Dec 2021
Visitors gather at the booth of Argentine wine products during the fourth China International Import Expo in Shanghai. [Provided to China Daily] Argentina plans to formally announce the decision to join the Belt and Road Initiative next year, when China and Argentina mark 50 years of diplomatic ties, Sabino Vaca Narvaja, the Argentine ambassador to China, said in Beijing on Thursday. The BRI will help promote a more harmonious world, and Argentina is bullish on the economic growth prospects of China and China's huge consumption potential, the ambassador said on the sidelines of the 2021 Belt and Road Trade and Investment Forum. Since the outbreak of COVID-19, China has shown itself to be a responsible big country in fighting the pandemic, and Argentina is grateful for China's help in providing pandemic prevention goods and medical products, the ambassador said. So far this year, Argentina has purchased 30 million doses of COVID-19 vaccines from China's Sinopharm and another 5 million doses of vaccines from CanSinoBIO. It has helped Argentina to achieve its vaccination plan. Next, Argentina plans to cooperate with Chinese companies in technologies and produce Chinese vaccines in Argentina, he said. Li Daokui, an economist with Tsinghua University and a national political adviser, said: "As COVID-19 continues to wreak havoc globally, the BRI has become particularly important. Countries involved in the BRI should unite together, share related information about pandemic prevention and further strengthen cooperation." Zhang Shaogang, vice-chairman of the China Council for the Promotion of International Trade, said that in the past two years, the pandemic has had a significant negative impact on the global economy, while the BRI has showed its resilience and various kinds of cooperation between involved markets have expanded. For Argentina, it hopes to further expand cooperation with China in e-commerce. Argentina would like to set up country flagship stores on major e-commerce platforms such as Taobao and JD, as Argentina hopes to further grow its digital economy. In the past few years, Argentina and other Latin American countries exported various kinds of foodstuff to China, including coffee, beef, wines, seafood and soybeans. Chinese consumers have welcomed these foods, the ambassador said. In addition, as China has committed to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060, Argentina said it has numerous renewable energy resources such as lithium ore, and it hopes to expand cooperation with China in lithium battery-powered vehicles. In addition, Argentina plans to open a new consulate in Chengdu, Sichuan province, as it attaches importance to potential cooperation opportunities in Southwest China. Argentina hopes to officially launch the new consulate next year. Earlier this year, Chengdu debuted its new Chengdu Tianfu International Airport. Along with Beijing and Shanghai, the city now operates two large-scale international airports. When the pandemic is brought under better control, Argentina hopes to expand cooperation with Chengdu in the tourism sector. "We are considering launching direct flights between Argentina and China, with a stopover in New Zealand. Now, we are in discussions about code sharing with Air China and Sichuan Airlines," he added. Source:China Daily
Belt and Road Initiative yields thriving trade, better connectivity in the past eight years
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Belt and Road Initiative yields thriving trade, better connectivity in the past eight years
2 Dec 2021
BEIJING, Nov. 30 (Xinhua) -- A container liner called "Dong Shun" slowly berthed at Yongzhou Container Terminal ofNingbo-Zhoushan port, east China's Zhejiang Province on October 1, 2021, which is the first ship to voyage the "Subsea Russian Line," a sea route connecting Vladivostok in Russia and the Ningbo-Zhoushan port and other sea ports in China. It is noted that the Yongzhou Container Terminal added some routes this year to connect the port with more B&R countries and regions. Over the past eight years, theBelt and Road Initiative(BRI) has yielded fruitful results, with infrastructure connectivity surging andtradecooperation increasingly deepened among the initiative's participating partners. From 2013 to September this year, China's totaltradevolume of goodswith the B&R countries and regions amounted to 10.4 trillion U.S. dollars, while its proportion in the country's total foreign trade picked up 4.1 percentage points from 2013 to 2020. -- Expanding business scale and enhancing cooperation The TCL China Optoelectronic Technology (Chengdu) Co., Ltd., which settled in Chengdu International Railway Port Economic Development Zone, was officially put into operation. "Thanks to the efficient logistics services of relevant departments, we have more confidence in our business development," said Sun Xiuhong, head of TCL's base in Chengdu, who added that now more than 90 percent of the parts and components needed by TCL's six assembly lines inPolandare transported on the China-Europe freight train route departing from Chengdu, making Chengdu an important export base for TCL to expand markets in the B&R countries and regions. By now, the China-Europe freight train, also known as "steel camel fleets", in Chengdu has conducted more than 2,000 trips, connecting the city with more than 67 stations globally. Southwest China's Sichuan Province witnessed an import and export volume of 228.97 billion yuan in the first ten months of the year with the B&R countries and regions, accounting for 30.4 percent of Sichuan's total foreign trade in the period. The China-Europe freight trains have become a major international trade channel across the Eurasian continent. By the end of October 2021, the freight trains have been running a total of 46,000 trips along 73 routes, connecting China with 175 cities in 23 European countries. With unimpeded logistics comes unimpeded trade. Over the past eight years, China has been enhancing trade cooperation with the B&R countries and regions. During the January to October period this year, China has witnessed total imports and exports valuing 9.3 trillion yuan with the B&R countries and regions, up 23 percent year on year. Among them, exports surged 21.9 percent year on year to 5.27 trillion yuan, while imports increased 24.5 percent year on year to 4.03 trillion yuan in the period. -- Creating new business forms and activating development momentum On November 17, 2021, a batch of parcels to be exported to Belgium was under customs inspection at China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Area, east China's Zhejiang Province. "The packages are delivered to a freight hub in Liege, Belgium, and then distributed to surrounding countries. After placing an order on the e-commerce platform, foreign buyers can receive packages sent from China in about five days," said a manager of the Business Department of Zhejiang Rongyitong Enterprise Service Co., Ltd, adding that the continuous development of cross-border e-commerce freight routes provides a reliable solution for exporting enterprises to explore overseas markets. In the first eight months of this year, Hangzhou has witnessed 3,826 cross-border e-commerce cargo flights to the B&R countries and regions, realizing a total export volume of 8.7 billion yuan, a fourfold year-on-year growth. At present, the accelerated development of new business forms and trade models, especially the cross-border e-commerce, market procurement trade, and overseas warehouses, has provided new possibilities for more small and medium-sized foreign trade enterprises to expand into the markets of the countries along the B&R, lowered the threshold of trade, and activated the momentum of high-quality development of foreign trade. -- Enhancing trade facilitation to realize win-win results At present, northwest China's Xinjiang Uygur Autonomous Region has begun to enter the international market with its characteristic forest and fruit products. Local agricultural producers in Xinjiang said that the enhanced trade facilitation has enriched the market supply of the B&R countries and regions and benefited local business entities. For example, the customs clearance procedure only takes less than half an hour. With the advantages of cost-saving and timely transportation, characteristic agricultural products such as ketchup and walnuts have been sold toItaly, Germany, Russia, Turkey, Kazakhstan, and other B&R countries and regions. Xinjiang has expanded its export goods from electronic products and daily necessities to more than 200 categories, including mechanical products, chemical products, food, and petty commodities, embracing new development opportunities. So far, China has signed seven free trade agreements with 13Belt and Road countriesand regions, according to the Ministry of Commerce (MOC). By strengthening cooperation with relevant departments at home and abroad, the Chinese Customs has signed the mutual recognition of Authorized Economic Operator (AEO) with 20 economies, including the European Union (EU) and Singapore, building an extensive circle of friends to improve trade facilitation. Various relevant organizations in China have been actively exploring new ways to promote joint development and achieve win-win results with B&R countries and regions. Source: Xinhua Silkroad
Interview: BRI strives to promote economic development of all participating countries, says expert
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Interview: BRI strives to promote economic development of all participating countries, says expert
2 Dec 2021
CAIRO, Nov. 30 (Xinhua) -- The Belt and Road Initiative (BRI) seeks to promote economic growth for all participating countries with real support from China, an Egyptian expert has said. "The initiative is good for all as it aims primarily to achieve sustainable development for involved countries, strengthen their economies and enhance cooperation in all fields," Diaa Helmy, secretary general of the Egyptian-Chinese Chamber of Commerce, told Xinhua. In this context, he said, China has invested huge funds, technologies and human resources into developing countries for the sake of their development and joint cooperation. "The initiative seeks to achieve economic growth and development for all participating countries with real, honorable and responsible support from China," the expert said, adding that China honors its responsibility as a member of the international community through cooperation and fair economic exchanges. Helmy pointed out that BRI is an economic development initiative by all standards, opposing allegations that attempt to distort and undermine the initiative. Recently, some think tanks claimed that the BRI aims to exploit developing countries, impose China's influence on African countries in particular, and reduce its pollution by transferring high carbon-emission industries to African countries. "All are false claims that reflect the bad faith of the promoters of these allegations," the expert noted, adding that such allegations were concocted to hamper cooperation between China and other countries. Helmy stressed that China is keen to innovate and provide the world with advanced modern technology, and would not transfer polluting industries. "The claim that the initiative focuses primarily on infrastructure is also not accurate," the expert said, adding that the initiative eyes the needs of participating countries, some of which have long suffered from weak infrastructure. Taking African countries as an example, he said China's help for them to build infrastructure within the BRI frameworkf is fully respectful to their needs and mutually beneficial. Helmy also refuted the allegation that BRI does not include high-tech cooperation, saying that in fact, China has offered participating countries advanced technologies and dispatched experts to provide technical support and training to the locals, so as to promote the localization of high-tech technologies. "The industrial parks promoted by the initiative have provided a large number of local jobs," he emphasized. Helmy concluded that BRI is in the interests of all parties involved. With a sincere and responsible attitude to the international community, China has built an equal and mutually beneficial economic cooperation platform and promoted the development of all relevant economies. "We can say that BRI is an initiative that benefits all participating countries in the 21st century," Helmy said. Source: Xinhua
E-commerce increasingly popular for MNCs in China
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E-commerce increasingly popular for MNCs in China
1 Dec 2021
Workers are busy packaging goods at an e-commerce industrial zone in Lianyungang, Jiangsu province, as China's Singles Day shopping festival starts. [Photo by Geng Yuhe/for China Daily] A growing number of multinational corporations are banking on cross-border e-commerce channels as a testing avenue for new product launches in China, with business representatives citing their convenience, cost-effectiveness and reliability. In a video speech to the opening ceremony to the fourth China International Import Expo earlier this month, President Xi Jinping said the nation will optimize the catalog of retail imports through cross-border e-commerce. This is music to ears for Beiersdorf, a German personal care products company that debuted during this year's CIIE. Several of its lineups, including skincare brand Eucerin, were initially available to Chinese consumers via e-commerce portals before being formally launched in the country. Through this approach, products stand to get a better chance of winning thanks to market awareness fostered online, said Ketin Lei, general manager for corporate affairs at Beiersdorf China. "E-commerce actually serves as a great testing ground for an army of nascent brands that do not yet have a cult following in China," Lei said. "Given the sheer size and vitality of the market, even for test runs, that's still hundreds of millions of yuan in business we are talking about." The China-Europe freight service connecting Hamburg, Germany and Shanghai, where the company is headquartered, provided an extra and more cost-effective choice for imported items. Snack giant Mondelez, the maker of the iconic Oreo cookie, is also using cross-border e-commerce to see whether a new product resonates with local consumers. For instance, the company's debut of the Stride Charcoal gum was first made available to Chinese customers on cross-border e-commerce sites and quickly developed an avid following. In less than a year, production of the gum was shifted from Thailand to its plant in Guangzhou, Guangdong province. This year, the company is applying the same strategy with Olina's wholesome healthy cookies of Gourmet Food, which was acquired by Mondelez, said Joost Vlaanderen, president of the company in China. "We have launched it online first to see how the customers respond," he said. "If it gets good (results), we might produce it locally." US food company General Mills, has just introduced its high-end pet food label Blue Buffalo to the Chinese market. The move represented the brand's first overseas expansion outside its home turf, and the products are also available through cross-border e-commerce channels, said James Chiu, vice-president and managing director of General Mills China. He said it is perhaps the best time for Blue Buffalo to enter China given its importance and strategic position, and that cross-border e-commerce is an ideal channel to make a debut. "Consumption upgrading is still the main theme for the Chinese market since COVID-19, with total retail sales of consumer goods in China resuming positive growth since August 2020 and the trend of upgrading in various consumer goods categories has become more evident," Chiu said. China's Ministry of Commerce said in the first seven months, total imports and exports to and from the European Union hit 2.96 trillion yuan ($33.2 trillion), soaring 26.7 percent year-on-year. Among them, imports reached 1.17 trillion yuan, with a growing percentage contributed by cross-border e-commerce. It is an increasingly common practice for foreign brands to use cross-border e-commerce to test run formal and large-scale new product launches in China, said Zhao Jian, general manager of Cainiao's global supply chain. "This is because it circumvents the need for the seller to register as a legal entity, requires simplified procedures and incurs shorter time frames." Source:China Daily
5-year plan to speed up integration of digital, real economies
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5-year plan to speed up integration of digital, real economies
1 Dec 2021
A technician checks chips at a technology company in Hangzhou, Zhejiang province. [Photo by Long Wei/for China Daily] China's top industry regulator unveiled a five-year plan on Tuesday to accelerate the integration of digital and real economies amid a broader push to lay down policy framework for the nation's industrial development until 2025. The Ministry of Industry and Information Technology said accelerating the deep integration of information technologies in all industrial chains is of great significance to promote industrial digitization and digital industrialization in the new era. According to the five-year plan, the ministry will adopt five special initiatives, including promoting manufacturing digital transformation and industrial internet platforms, to advance industrial upgrade. Xie Shaofeng, director of the information technology development department at the MIIT, said the five-year plan put forward both quantitative and qualitative objectives. For instance, by 2025, the nation aims to grow the penetration rate of industrial internet platforms to 45 percent and the popularization rate of digital research, development and design tools to 85 percent. The ministry said the integrative development of"5G plus industrial internet" is on a fast track in China. At this time, more than 100 influential industrial internet platforms have also been built. In addition, more than 1,800 5G plus industrial internet projects are under construction in China, covering 10 important industries including mining, coal and electricity. Ni Guangnan, an academician at the Chinese Academy of Engineering, said the intensified efforts to accelerate the development of the industrial internet will greatly improve production efficiency. Over the long term, it will boost the competitiveness of China's manufacturing on the global stage. On Tuesday, the MIIT also unveiled a five-year plan to cultivate the nation's big data industry. According to the plan, by 2025, the estimated scale of China's big data industry will exceed 3 trillion yuan ($471 billion), up from more than 1 trillion yuan in 2020, and the average compound annual growth rate will be maintained at about 25 percent. Xie said China's big data industry has grown quickly over the past five years, with the average compound annual growth rate exceeding 30 percent. He said the next five years will be an important period to build China into a manufacturing and digital powerhouse, which thus means new and higher requirements for the development of big data industry. Market research company International Data Corp predicts that by 2025, China's data will account for 27.8 percent of the world's total, ranking it first worldwide. Sun Ke, deputy director of the institute of political science and economics at the China Academy of Information and Communications Technology, a Beijing-based think tank, said that in the era of industrial digital economy, a large quantity of industrial data will be connected to the internet, which will further drive the development of the big data industry. Source:China Daily
INOV Contacto International Internships
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INOV Contacto International Internships
19 Jul 2021
Dear SRCIC members, We would like to inform you that "INOV Contacto" is now accepting applications for its International Internship Programme. If you want to strengthen your international team with a qualified, paid intern (whose profile is matched with the job description) during six months, you can take advantage of this programme that begins in January, 2022. "INOV Contacto" is an initiative promoted by the Portuguese Trade & Investment Agency since 1997, with more than 5,800 internships across 1,200 companies worldwide. To find out more and/or apply, click HERE.
SRCIC members attend the CPC and World Political Parties Summit
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SRCIC members attend the CPC and World Political Parties Summit
9 Jul 2021
On July 6, 2021, the Communist Party of China (CPC) and World Political Parties Summit was held via video link. Xi Jinping, general secretary of the CPC Central Committee and Chinese president, attended the summit in Beijing and delivered a keynote speech. In his speech titled Strengthening Cooperation Among Political Parties to Jointly Pursue the People's Wellbeing, Xi stressed that political parties, as an important force behind human progress, need to set the right course forward and shoulder their historic responsibility to ensure the people's well-being and pursue human progress. He also pointed out that the CPC stands ready to work with world political parties to be builders of world peace, advocates for global development, and guardians of the international order. Xi Jinping, general secretary of the CPC Central Committee and Chinese president, delivers a keynote speech (Source: Xinhua News Agency) The cloud summit gathered leaders of more than 500 political parties and organizations from over 160 countries. Political parties from 100-plus countries set up nearly 200 venues in their home countries to organize their representatives to attend the summit. SRCIC members including the Philippine Silk Road International Chamber of Commerce (PSRICC), Chinese Southeast European Business Association (CSEBA), Arab-Chinese Cooperation and Development Association, Office of Georgian Chamber of Commerce and Industry in China, Silk Road Association Alliance members including Latin American Centre of Political and Economics Studies of China (CLEPEC), Malaysian Chamber of Commerce and Industry in China, and SRCIC partner Russian Federation Chamber of Commerce and Industry in Eastern Asia (Beijing) attended the summit. Francis Chua, Vice Chairman of SRCIC and Chairman of the PSRICC pointed out that this year marks the centenary the CPC. For 100 years, the mission of the CPC has been to bring prosperity to the Chinese people. Through decades of arduous struggle, the CPC has achieved one victory after another, profoundly changing the history and destiny of China. The PSRICC is willing to promote the cooperation between the Philippine business community and China. “When we communicate with countries around the world, we will tell them that China is a country that values peace, a country that cares about its people and its neighbors, a country that keeps its word and walks by its word. We will tell the world about China's efforts in promoting global peace and development. That's what we at the PSRICC are doing, and we want to continue to tell good stories about China,”Chua said. The image above is President Xi Jinping delivering a keynote speech. The image below, at left, is President Duterte's video address to the conference. On the right is the scene at PSRICC. Mario Rendulić, president of CSEBA said they will convey President Xi’s ideas to the Croatian people in a suitable way. He hoped that the Croatian leaders will have a deeper understanding of the CPC and draw on it to accelerate Croatia's development in all aspects. He then reiterated his willingness to further promote the Belt and Road Initiative in Croatia in the hope of building stronger ties between the two countries. President of CSEBA Mario Rendulić (R) and President of CSEBA in Asian-Pacific Li Zhenwei (L) attending the online meeting President of Arab-Chinese Cooperation and Development Association Kassem Tofailli(the first row from left) attending the online meeting Chief Representative of Russian Federation Chamber of Commerce and Industry in Eastern Asia(Beijing) Ivan A.Izotov attending the meeting Bekar, representative of Georgian Chamber of Commerce and Industry in China, congratulated on the success of the CPC and World Political Parties Summit. He expressed heartfelt congratulations on CPC's centenary and wished China continuous progress and development. He said that from the perspective of history, the period of 100 years is very short. But within such a short time frame, Chinese people managed to make unprecedented achievements under the leadership of the CPC.China is an important strategic partner of Georgia, and the two countries enjoyatime-honoredfriendship and close cooperation, which he hoped to continue to deepen and develop in the years to come. Source: People's Daily and SRCIC members
Diversity Defeats Singularity: Daryl Guppy
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Diversity Defeats Singularity: Daryl Guppy
9 Jul 2021
The axis of the world is inexorably tilting, although some are reluctant to acknowledge this. Just how this tilt will rebalance is the key question of our time. Two potential answers are encapsulated in the Group 7 meeting and the World Political Parties Summit of 160 countries and over 500 leaders of parties and political organizations. The sheer imbalance of numbers attending these respective meetings is proof enough alone of the momentum tilting the axis. The pressure for change in the structure of international trade relations is building and it is enabled by the increased connectivity made possible by advances in 5G and AI. The current “global order” labelled by a few countries is an extension of the outdated imperial order and excludes most countries from any meaningful participation in creating the rules that govern international trade. The time has come for these rules to be based on internationally recognised norms rather than rules imposed by an elite few. Block-chain solutions help eliminate inefficiencies in trade settlement but they require common and cooperative standards. These cannot be achieved if the process is dominated by the interests of just a few countries. The World Political Parties Summit held on July 6 via video link considered alternatives to the narrow-based hegemony favoured by the G7. It united the conversation around the concept of Governance delivering “the common values of humanity” by fostering broad-minded tolerance in the understanding of values of different civilizations. The Communist Party of China (CPC) and World Political Parties Summit is held via video link in Beijing on July 6, 2021. (Photo/Xinhua) The Summit recognised that no single political system provided a universal solution to the common question of how to improve living standards for their citizens. This is the key difference in approach, with the Summit embracing a diversity of solutions free from ideological blinkers. Global business organisations like the Silk Road Chamber of International Commerce have long recognised that there is a diversity of solutions to bringing prosperity to citizens. The Summit confirmed this approach must also extend to political parties and Government. In contrast to the G7 meeting, the summit recognised that “There doesn’t exist a fixed model for the path to modernization” so each country will select the path that serves it well. Central to progress is the freedom to develop in ways that are most appropriate for the economic and social stage of development. This is why the summit also rejected the idea that any country had the right to try to limit the prosperity of others by denying access to technology, innovation and financing. This ‘developmental decoupling’ works against the need to build a community with a shared future for mankind. In contrast to the G7 meeting, the World Political Parties Summit bought a breath of fresh air and new cooperative thinking. The summit showed the axis of the world is tilting towards giving more voice to choose and diversity and away from domination by a few. Source: cnfocus.com
Forthcoming book: China for SMEs Essential Elements of Success
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Forthcoming book: China for SMEs Essential Elements of Success
12 Apr 2021
Mr. Daryl Guppy, SRCIC member and Chairman of Australia China Business Council (ACBC), will release his new book China for SMEs Essential Elements of Success. He is also the founder and CEO of Guppytraders.com, an international financial market education and training organisation with offices in Darwin, Singapore and Beijing. As China grows in importance to companies around the world, it is vital for companies to understand the Chinese business culture. This book is an essential read for anyone serious about successful business in modern China.Mr. Daryl Guppy outlines the crucial ingredients for success, culled from more than 20 years of experience in China business, official meetings and government advisory. Reviews "If you want to do business in China, this book is an absolute must. Nobody I know understands China and the Chinese people as well as Daryl Guppy. His knowledge and insights are built on his decades of business experience, his wide networks and friendships. I strongly recommend this book for anyone currently doing business, studying business or wanting to do business with China." John Brumby Former Premier of Victoria, Australia and National President of the Australia China Business Council 2014–2019 "Guppy's great skill is to eschew the usual cliches and urban myths about doing business in China. Instead, he emphasises the background work required to know your customer, know your market, know the diversity of China, even within a single city, know yourself, and know your offer, be it in products or services. Guppy's analysis will help many to get to success for years to come." Geoff Raby Former Australian Ambassador to China Independent ASX company director, Chairman, Geoff Raby and Associates "Daryl Guppy's book is a rich repository of behavioural observations, nuances and understandings which are fundamental to building the all-important relationships and trust that drive successful engagement with the Chinese. Anyone looking to engage successfully with the Chinese would benefit greatly from exploring the insights which shape the 'deep seated' perceptions of the Chinese people." Hon. Andrew Robb AO Former Minister for Trade and Investment and architect of the China Australia Free Trade Agreement For the further information , please download from https://worldscientific.com/worldscibooks/10.1142/12167
COVID-19 passport success relies on coordination: Daryl Guppy
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COVID-19 passport success relies on coordination: Daryl Guppy
15 Mar 2021
An International Certificate of Vaccination or Prophylax is shown in front of the Berlaymont, the EU Commission headquarter in Brussels, Belgium, March 13, 2021. /Getty Editor's note:Daryl Guppy is an international financial technical analysis expert. He has provided weekly Shanghai Index analysis for Chinese mainland media for more than a decade. Guppy appears regularly on CNBC Asia and is known as "The Chart Man." He is a national board member of the Australia China Business Council. The article reflects the author's views and not necessarily those of CGTN. Responses to COVID-19 in 2020 exposed significant cracks in the implementation of public health policy. Unfortunately that same dysfunction threatens the resumption of international travel and commerce because of lack of agreement about the form of a COVID-19 passport. In China, the public health response to COVID-19 was disciplined, coordinated and effective; in the United States, the response was disjointed with inconsistent standards applied by different states and by the political leadership; in the United Kingdom, the response was an abject failure of planning and implementation. Some countries – like Australia and New Zealand – effectively kept COVID-19 contained and managed by the simple expedient of closing their island borders. Celebration of the low infection rate in Australia disguised the failure to develop any nationally recognized track and trace system, with each State setting their own standards for quarantine, tracking and border closures. People have every reason to expect that the management of the post-COVID-19 recovery will draw on the lessons learned during the COVID-19 crisis. Unfortunately this does not appear to be the case as some countries are developing their own COVID-19 passport solutions without reference to others. Some other countries are simply not actively considering the issue at this time. At one level, developing a secure COVID-19 passport is simply a matter of applying the appropriate technology. It should be a straightforward solution using blockchain security features. The inability to develop COVID-19 track and trace systems in some countries suggests the problem of an acceptable COVID-19 passport may be more difficult to resolve. The passport must rest of unquestionable proof of vaccination. Currently, several groups are developing COVID-19 passports. China has just launched its digital version of a health certificate for international travelers. It uses an encrypted QR code based on blockchain security. Singapore has a government-led process. GovTech (Singapore) developed digital COVID-19 test credentials for travellers pre-departure validation. These are fully compliant with Singapore's SafeTravel program. Considerable work with blockchain based passports has been undertaken by the International Air Transport Association and the EU. They are well advanced in developing and adopting a standard. This initiative is led by business; so the challenge is to persuade governments to recognize the solutions. Elsewhere business organizations are taking the lead. The Australia China Business Council is urging the Australian government to support the development of a COVID-19 vaccine passport using blockchain technology to help open international travel. President David Olsson said "We see an opportunity for the Australian government to work with China and other nations in our region to develop the recommended standards for security, authentication, privacy and data exchange." Michelle Reeves and Marc Reeves and their family's passports to Australia seen on the counterspace, July 27, 2020. /Getty These varied approaches means questions remain around the compatibility and cross border acceptance of these COVID-19 passports. Mutual recognition of these different approaches is the first barrier to overcome before international travel can truly resume. However, immunization in itself poses a problem. People who have been vaccinated will show lingering historical evidence of a low level COVID-19 infection. These viral remnants may be picked up by the nucleic and serum IgM antibody tests regimes and deliver a COVID-19 positive result. This may prevent a green tick on the COVID-19 passport. The suggested solution is for proof of vaccination to be given absolute priority over any lingering COVID-19 positive result. At a deeper level, and more alarmingly, are the problems associated with the architectural foundations of a COVID-19 passport. It's an issue that is concerning many business organizations because it goes to the heart of the efficacy of a COVID-19 passport. This issue rests on the recognition of a range of vaccines that will provide the platform for a major boost for international tourism and for a resumption of international business and student travel. The COVID-19 passport is not genuinely useful unless it includes and recognizes "approved" vaccination sources which will enable quarantine free international travel. The architecture of the COVID-19 passport is the key issue because it rests on the mutual recognition of vaccines as suitable for permitting quarantine free travel. A COVID-19 passport requires much more than a green tick. Business groups have an important role to play in ensuring that the operational details of a COVID-19 passport, including mutual vaccine recognition, really make international business and tourist travel accessible and possible. Source: CGTN
Main Fairs and Exhibitions in Cuba 2021
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Main Fairs and Exhibitions in Cuba 2021
15 Mar 2021
【About the Chamber of Commerce of the Republic of Cuba】 The Chamber of Commerce of the Republic of Cuba was created on February 1, 1963. The Chamber was seen as an effective instrument to contribute to the search for new markets, support the great reorganization of foreign trade, and to enable business relationships with other countries. 【Fairs & Exhibitions】 Nowadays, fairs and exhibitions have become an essential component of Cuba’s commercial and business scene. Below are some of the fairs and exhibitions to be held in Cuba in 2021. February International Book Fair March International Agricultural Fair March INFORMATICA 2021 - 18th International IT Convention & Fair April International Hotel Trade Fair May International Tourism Fair May International Fair Renewable energy June Cubaindustria 2021 June EXPOMATANZAS June EXPOCARIBE September International Fair Transport & Logistic November Havana International Trade Fair, FIHAV December International Crafts Fair 【Trade & Investment】 Cuba, as an important gateway to South America, enjoys political stability and crucial strategic position. The country is rich in agriculture, fishery and tourism resources, bringing great potential for development. On the website of Procuba www.procuba.cu you can find the portfolio of investment opportunities and the Cuban exportable offer. 【Mariel Special Development Zone (MSDZ)】 MSDZ is situated 45km west of Havana and has an area of 465.4km². Since its establishment more than seven years ago, MSDZ has become an important platform for Cuba to attract foreign investment. Activities and sectors prioritized in the MSDZ: Biotechnology, development and production of drugs Containers and Packaging Industry Renewable energy Agriculture Food industry Industry Telecommunications and Informatics Tourism and Real Estate Investments in Infrastructure For more information, please visit www.zedmariel.com/en or download Business with Cuba.
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Greetings from the Silk Road Chamber of International Commerce! On behalf of SRCIC, I would like to welcome you to our website!

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