This inaugural Position Paper presents a strong, united voice on behalf of British businesses operating across mainland China, and represents the first time that British business in China has taken a united stance on the business environment in China.
The Position Paper presented six key recommendations including:
China is currently the UK’s fifth largest trading partner, and the second largest non-EU partner after the US. Despite the present slowdown of the Chinese economy, British exports remain robust. UK goods are in high demand among China’s aspirational middle class, and 57% of Chinese consumers are willing to pay more for UK-made goods owing to a perception that they are of a higher quality.
The Position Paper ‘door knock’ outreach was presented to a number of key governmental officials in both China and the UK, including: