On 9 December, the Shanghai launch of the British Business in China: Sentiment Survey 2021-2022 was held at the BritCham Shanghai office.
This year’s edition collates the outlook of 288 companies across the Chinese mainland and covered topics from investment growth to plans to reach net-zero.
Julian MacCormac, chair of the British Chamber of Commerce in China, shared with Shanghai members the key findings of the survey.
A lively panel discussion followed with Caroline Taylor, Head of College at Dulwich College Shanghai Pudong, Ted Wan, President of Greater China at Smiths Group; Tim Yu, Head of Financial Advisory at Mazars and Steven Zhong, Lead Partner (ESG – Sustainable Value Chain) at PwC. The panel was moderated by Mattie Bekink, China Director of Economist Intelligence Corporate Network.
The panel exchanged views and insights on the key challenges that businesses are facing in China include employing foreign staff, navigating cybersecurity and IT regulations and enforcement of laws and regulations.
The panel also discussed some openings for foreign businesses in the financial services sector, as well as the opportunity to focus on sustainability and China’s decarbonisation agenda.
The findings of the Sentiment Survey will help inform the chamber’s advocacy work next year in order to improve the business environment. We look forward to presenting the findings on behalf of our members to the British and Chinese governments as we continue to push for a more level playing field for British businesses in China.
Please click the image below to download the full report.