News

  • Published by swisscenters.org, 05th Feb 2019 in category Legal / Tax / Consulting / Services in English

    Despite the public perception of an economic slowdown in China, Swiss business leaders in the market look back at a successful 2018 and are confident about the upcoming Year of the Pig. The confidence index for the next year reaches 6.49, for the next 5 years it is at 6.7 – with 10 being the most confident and 0 being not confident at all. 76% of the Swiss business leaders expect “higher” or “substantially higher” sales in 2019 compared to 2018, with only 4% expecting lower sales, according to the recent “2019 Swiss Business in China Survey”, conducted by the China Europe International Business School (CEIBS, the premier business school in Asia), the Swiss Centers China (SCC), the Swiss Embassy in China, Swissnex, SwissCham, Switzerland Global Enterprise and China Integrated. The comprehensive survey comprises responses from 132 Swiss companies, both SMEs and large enterprises, and is believed to be representative of the approximately 600 Swiss companies in China. Besides Swiss enterprises, the survey also includes responses from Chinese (683) and other foreign companies (200).

     

  • Published by ce.cn, 29th Jan 2019 in category Engineering / Manufacturing in English

    Many more overseas companies will follow in the steps of Tesla to set up plants in Shanghai once they see how the US carmaker benefits from the city's policy bonus, as the Shanghai municipal government opens markets to overseas investors with the continuous launch of new policies, experts said on Sunday. Which will be the next "star project" in Shanghai after Tesla? Global robotics giant ABB is one overseas company mentioned by Ying Yong, mayor of Shanghai, in the government work report released on Sunday morning during the city's two sessions, as he called the roll of several projects that the government will push for construction this year. ABB earlier revealed its plans to the media, saying that it's planning to establish a plant in Shanghai using robots to produce robots, according to a report by yicai.com in October. ABB didn't disclose its Shanghai plant's current status as of press time. The other two companies mentioned by Ying are Shanghai-based biomedical firm Haohai Biological Technology and ACM Research, also based in Shanghai, reported the Shanghai Securities News over the weekend. Shanghai will also speed up mass production of major domestic industrial projects like Semiconductor Manufacturing International Corp and Everdisplay Optronics' second phase, Ying disclosed.

  • Published by chinadaily.com.cn, 29th Jan 2019 in category Business in English

    Guangzhou hosted a promotional event in Davos on January 23rd to raise awareness of the southern Chinese city and its upcoming international events. From January 22nd to 25th, Davos, a snow-covered resort in Switzerland, held the 2019 annual meeting of the World Economic Forum. It was attended by more than 3,000 participants from across the globe, including heads of state, heads of international organizations, and business leaders. At the promotional meeting, Guangzhou introduced the Asian International Food Festival and the Guangzhou International Forum, which are scheduled to be held in Guangzhou this May and December, respectively. In addition to showcasing its latest technological innovations, Guangzhou, nicknamed the "City of Cuisine", also offered distinct local delicacies to all guests, sharing Guangzhou's traditional food culture with the world. According to Chen Zhiying, vice mayor of Guangzhou, the food festival will feature food brand exhibitions, food culture festivals, and video presentations of distinct Asian foods, teaching the entire world about Asian food culture.

  • Published by swissnexchina.org, 28th Jan 2019 in category General Interest in English

    On the January 24th, swissnex China participated in an Innovation and Development Dialogue between Sino-Swiss Enterprises and the "Opening Ceremony of the China Economics and Finance Center" in Hangzhou (Zhejiang University). The center was been co-created by Zhejiang University in collaboration with HEC Lausanne and EPFL (Ecole polytechnique fédérale de Lausanne). After an introduction to the China Economics and Finance Center (CEFC) and Opening Ceremony performed by Dr. Matthew Wang, Chairman & President of Cybernaut (China) Investment and Executive Dean of ZII. Pr. Dong from HEC Lausanne offered a traditional Swiss bell with the colors of the University of Lausanne as a symbolic gift. During the forum, Prof. Jean-Philippe Bonardi, Dean of HEC Lausanne - The Faculty of Business and Economics of the University of Lausanne showed us the key Swiss trends in innovation, entrepreneurship and global trends. He stressed the importance of promoting an entrepreneurial spirit in our universities. Prof. Rongxiao, Dean of the Industrial Technology Transformation Research Institute at the University of Zhejiang, then demonstrates all their efforts to create a great innovation ecosystem, and develop a win-win model for industry-university-research.

  • Published by chinadaily.com.cn, 23rd Jan 2019 in category Bilateral Relations in English

    Chinese and Swiss leaders vowed to further promote win-win cooperation across many areas of their relationship. In a meeting on Monday with Ueli Maurer, president of the Swiss Confederation, visiting Vice-President Wang Qishan said that economic and trade relations between China and Switzerland have continued to deepen under the guidance of the nations' leaders. Wang, who made an official visit to Switzerland on Monday and Tuesday, at Maurer's invitation, is expected to speak on Wednesday at the annual meeting of the 2019 World Economic Forum in Davos. Wang described the bilateral relationship as being at its best, saying that the nations' political trust has increased significantly, and friendship has become more deep-rooted. Switzerland was one of the first Western countries to recognize and establish diplomatic ties with the People's Republic of China after its founding in 1949. It has also been a trailblazer in Europe in conducting cooperation with China and has served as an example.

  • Published by shine.cn, 07th Nov 2018 in category Bilateral Relations in English

    The Swiss National Pavilion, with its "LiveMap" concept especially designed for the China International Import Expo, was unveiled on Tuesday at the National Exhibition and Convention Center Shanghai. Secretary of State for Economic Affairs Marie-Gabrielle Ineichen-Fleisch, and Swiss Ambassador to China Jean-Jacques de Dardel, who are leading a high-level delegation to the trade fair, are at the opening. A distinctive feature of the two-story pavilion is the aerial “LiveMap” giving visitors the opportunity to visit Switzerland in virtual reality and physical space. Visitors can not only enjoy basic geographic icons, tourist destinations, cultural and traditional symbols and innovative commercial features but also experience Swiss culinary specialities while using the map. Swiss companies and partners at the pavilion are demonstrating their latest products and services with a number of interactive events and designs. In a "relaxation zone," visitors can rest in a natural environment that resembles a Swiss alpine meadow. Covering a wide range of fields from cleantech to pharmaceuticals, finance, watches and logistics, and represented by 23 companies and institutional partners, the pavilion demonstrates Switzerland's global leadership in innovation, culture and tourism in a highly sensory way and allows visitors to get closer to the country with virtual reality.

  • Published by chinadaily.com.cn, 05th Nov 2018 in category Engineering / Manufacturing in English

    Schindler Group, the world's leading manufacturer of elevators and escalators, plans to continue expanding its branch network with improved capabilities in China, as the economy is pushing for substantial measures of opening up, its global head said. The Swiss company, having built up its reputation of safety and good quality in the past three decades, will continue to provide cutting-edge technologies and excellent services to China in the long run, Group CEO Thomas Oetterli told China Daily on the sideline of the China International Import Expo. At the ongoing expo, the company highlighted its new technology solution – Schindler Ahead, which captures real-time data and uses big data analysis and artificial intelligence to predict maintenance needs. The solution, Oetterli said, can enable clients to detect a potential equipment failure in advance and interact with customers to enhance their experience.

  • Published by moneyweb.com, 26th Oct 2018 in category Hospitality / Tourism / Retail in English

    Just four months after acquiring full control of luxury etailer Yoox Net-a-Porter (YNAP), luxury goods company Richemont has struck up a strategic relationship with Chinese internet giant Alibaba. In terms of the deal, announced on Friday, Richemont and Alibaba have established a joint venture that will launch two mobile apps for YNAP’s two brands Net-A-Porter and Mr Porter, for consumers in China. Alibaba will provide technology infrastructure, marketing, payments, logistics, and other technical support to the JV. In addition, the JV will launch Net-A-Porter and Mr Porter online stores on Alibaba’s Tmall Luxury Pavilion (sic), a platform dedicated to the world’s leading luxury brands. Launched in 2017, this platform aims to create the same brand exclusivity and tailored shopping experience that customers shopping offline typically enjoy. Richemont chairman Johann Rupert is keenly aware of the potential of the internet for the sale of luxury brands – online sales are one of the industry’s fastest growth drivers. He has placed YNAP at the centre of the company’s efforts to ramp up its e-commerce operations and attract younger shoppers. It operates sales platforms for 40 luxury labels as well as multi-brand online stores Net-a-Porter, Mr Porter, The Outnet and Yoox. In June, shortly after acquiring control of YNAP, Richemont announced its delisting from the Milan Stock Exchange.

  • Published by finchannel.com, 24th Oct 2018 in category Business in English

    From October 22nd to 23rd, 2018, SZSE respectively held the V-Next platform cross-border investing and financing matchmaking events in Jerusalem, Israel, and Geneva, Switzerland. President & CEO Wang Jianjun of SZSE and representatives from the National Innovation Bureau of Israel, investment institutions and SMEs of Israel and Switzerland participated in the relevant activities. At the events, nine Israeli technical innovation companies and six Swiss SMEs conducted cross-border roadshows to Chinese investors through the V-Next platform. Mr. Wang said that as China's reform and opening up continues to deepen, Chinese companies continue to "go out to the world" and put forward new and higher requirements for cross-border financial services. As the core institution of the capital market, SZSE plays an important role in the formation of innovative capital and cross-border capital ties. The V-Next platform is a cross-border extension of SZSE's innovative capital formation ecosystem and has gathered more than 6,500 technical ventures and more than 4900 investment institutions in China.

  • Published by ggba-switzerland.ch, 19th Oct 2018 in category Bilateral Relations in English

    Through the Sino-Swiss Shenzhen Hub, the GGBa and Invest Shenzhen aim at stimulating and facilitating FDIs between two of the world’s most dynamic regions. The GGBa has added to its established presence in China by launching the Sino-Swiss Shenzhen Hub. A joint initiative of the GGBa and Invest Shenzhen, the new platform intends to showcase Western Switzerland and the region surrounding the Pearl River Delta as a portal for Chinese and Swiss companies interested in expanding their footprint in another continent. “Western Switzerland is the gateway for Shenzhen-based companies willing to start operations in Europe,” said Thomas Bohn, Executive Director of the GGBa, to Shenzhen TV. Formerly a small fishing village in the vicinity of Hong Kong, Shenzhen has experienced unprecedented development over the past 30 years, under the leadership of Deng Xiaoping and his policy of economic openness. Today, the city is known as China’s Silicon Valley, with a proliferation of high-potential technology startups and the presence of industry giants such as DJI, ZTE, Huawei or Tencent. Western Switzerland and the region surrounding Shenzhen share many common points ; both boast a dynamic business base, leading companies, and cutting-edge know-how in the ICT, health, finance, artificial intelligence, robotics and precision industry sectors.

     

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