On 30 July 2024, representatives from the European Chamber met with Ms Wang Shuying, Director of the Investment Promotion Office of the Shenzhen Investment Promotion Bureau, to discuss how to address the main challenges encountered by European SMEs in China and explore related policies supporting SME development.
The meeting was attended by several European Chamber representatives, including Ms Daisy Yang, Chair of the European Chamber South China SME Forum; Ms Danica Mai, Vice Chair of the Forum; Ms Angel Zhang, and Ms Lynn Wu, Business and Government Affairs Manager of the European Chamber South China Chapter.
During the discussions, the European Chamber highlighted key challenges for European SMEs, such as financing difficulties, cumbersome administrative procedures, cash flow issues, intellectual property protection, and limitations in work visa applications. Ms Wang expressed significant concern about these issues and identified related government departments that would be valuable for building connections to provide policy updates and facilitate future discussions in Shenzhen.
The European Chamber Small and Medium-sized Enterprise Forum comprises European SMEs operating in various industries in China who strive for improved operating conditions and exchange on practical business issues to foster their success in China. Advocacy actions for SMEs organised by the European Chamber and the EU SME Centre include regular working group meetings and policy meetings covering issues of specific relevance for European small and medium-sized businesses in China. Find out more on our Advocacy page.
Among the activities of the Forum, the annual publication of the Inter-Chamber SME Working Group Position Paper is the product of extensive feedback gathering from European SMEs in China conducted through the Inter-Chamber SME Working Group. The Position Paper is the main vehicle of the European Chamber and EU SME Centre for SME advocacy, as it contains the key concerns and recommendations from European SMEs on a given year. Read the 2023/2024 SME Position Paper here.
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