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Foreign delegates complain that trade barriers remain in China
来源： 编辑：编辑部 发布：2018/11/22 09:16:20
THE first China International Import Expo resulted in 350 deals signed by firms among the 3,600 exhibitors - including Siemens AG, ABB Ltd and Saudi Aramco - but also revealed that many barriers to doing business in the world's most populous nation remain intact.
According to Bloomberg News, interviews with dozens of executives trying to break into or expand in China detail the huge variety of industry-specific barriers that have to be negotiated to gain that prize, and some industries are still closed entirely.
"What we want are concrete actions and a concrete timetable of reform," Shanghai chairman Carlo Diego D'Andrea of the European Union Chamber of Commerce said, following Chinese President Xi Jinping's opening speech during which he pledged to continue relaxing access to the world's largest pool of consumers.
The majority of the 350 deals announced in Shanghai involve the energy sector. The biggest batch was Sinopec's US$45.6 billion signing of import contracts with 50 companies for oil and chemical products.
Government enterprises in energy, shipbuilding, steel-making, automobiles and other sectors dominated the purchasing, as Beijing utilised its political muscle in service of President Xi's initiative. The role of the state is at the core of the discontent with China's economic policy that has led to the current standoff with the US.
"I have no reason to doubt it," said marketing head Ronald Schaare for Preh GmbH, a 99-year-old German automotive electronics manufacturer now owned by a Chinese parent, of President Xi's pledge on market access. At the same time, bureaucracy means doing business is cumbersome, he said.
"If you forget one number or one little detail, your stuff will be stuck in customs," he said.
In Mr Schaare's industry, doing business in China has changed fundamentally. This year the government removed ownership limits on joint-ventures in car manufacturing, handing companies like Daimler AG, Volkswagen AG and General Motors Co a chance to obtain a bigger control over their businesses in the world's largest auto market.
Sharing is a key part of an agreement signed by Florida-based Carnival Corp - the world's largest cruise ship operator - Italy's Fincantieri SpA and China State Shipbuilding Corp for the purchase or construction of four cruise ships.
In order to help the Chinese shipyard gain the expertise needed to build cruise ships - a goal outlined in the Made in China 2025 blueprint - Carnival's long-time Italian partner will license its technology to the local state firm, thereby aiding Carnival's quest to break into the Chinese tourism market.
According to Bloomberg News, interviews with dozens of executives trying to break into or expand in China detail the huge variety of industry-specific barriers that have to be negotiated to gain that prize, and some industries are still closed entirely.
"What we want are concrete actions and a concrete timetable of reform," Shanghai chairman Carlo Diego D'Andrea of the European Union Chamber of Commerce said, following Chinese President Xi Jinping's opening speech during which he pledged to continue relaxing access to the world's largest pool of consumers.
The majority of the 350 deals announced in Shanghai involve the energy sector. The biggest batch was Sinopec's US$45.6 billion signing of import contracts with 50 companies for oil and chemical products.
Government enterprises in energy, shipbuilding, steel-making, automobiles and other sectors dominated the purchasing, as Beijing utilised its political muscle in service of President Xi's initiative. The role of the state is at the core of the discontent with China's economic policy that has led to the current standoff with the US.
"I have no reason to doubt it," said marketing head Ronald Schaare for Preh GmbH, a 99-year-old German automotive electronics manufacturer now owned by a Chinese parent, of President Xi's pledge on market access. At the same time, bureaucracy means doing business is cumbersome, he said.
"If you forget one number or one little detail, your stuff will be stuck in customs," he said.
In Mr Schaare's industry, doing business in China has changed fundamentally. This year the government removed ownership limits on joint-ventures in car manufacturing, handing companies like Daimler AG, Volkswagen AG and General Motors Co a chance to obtain a bigger control over their businesses in the world's largest auto market.
Sharing is a key part of an agreement signed by Florida-based Carnival Corp - the world's largest cruise ship operator - Italy's Fincantieri SpA and China State Shipbuilding Corp for the purchase or construction of four cruise ships.
In order to help the Chinese shipyard gain the expertise needed to build cruise ships - a goal outlined in the Made in China 2025 blueprint - Carnival's long-time Italian partner will license its technology to the local state firm, thereby aiding Carnival's quest to break into the Chinese tourism market.