Jul 17 2024 28 mins 3
The European Chamber published its annual Business Confidence Survey in early May. It shows a significant improvement in perceptions about market opening: 19% of respondents report significant market opening in their industry, which is the highest level recorded in the past decade; and 26% of respondents report some opening, the same proportion as last year.
In this episode, our host Gao Rui, senior marketing manager at the European Chamber, is joined by two industry experts, Mario Huang, Chair of Banking and Securities Sub-working Group, and Johannes Weilharter, Chair of Construction Working Group. They look at some of the survey’s findings related to market access and discuss opportunities and challenges facing European banking and construction industries and their willingness to invest in China.
What to listen for:
1:43 Market openings in banking industry in the past year
3:25 Foreign players in banking still face challenges due to market conditions
5:40 New opportunities for foreign construction companies
7:27 Challenges for foreign construction companies in local market
8:29 Market closing in banking industry and its impacts
10:13 The key challenges that resulted in missing business opportunities in 2023
14:19 Reasons for reduced willingness to investment in China
18:21 Expectations of potential market openings and opportunities
22:36 Examples of difficulties in advocating for change
25:39 Areas of potential market openings and opportunities
Contact:
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