• Published by, 16th Jun 2017 in category Culture & Society in English

    Chinese gymnastic icon Li Ning in June is set to return to Montreux, Switzerland, where he won gold in the inaugural Arthur Gander Memorial event 32 years ago, to -enhance the -exchanges between the two countries. Speaking ahead of his trip to Montreux, Li, a three-time Olympic gold medalist at the 1984 Los Angeles Olympic Games, said he hopes his journey could see more cooperation between the two sides. After retiring from competition in 1988, the "Prince of Gymnastics" set up a company in his own name specializing in sports equipment in 1990. The brand has become extremely popular in China.But Li was cagey about revealing any sponsorship deals with Swiss teams or clubs -during his forthcoming trip, saying it should be "decided by the market." China has concluded a cooperation agreement with the Swiss sports body for the 2020 Youth Olympic Winter Games in Lausanne and the 2022 -Winter Olympic Games in Beijing.

  • Published by, 13th Jun 2017 in category Business in English

    At CHF11,000 (USD 11,300) a pop, Metall Zug AG’s “Refresh Butler” is no ordinary steam cleaner. But it may be key to the Swiss maker of luxury household appliances’ big leap into China. The Zug-based company is counting on the steaming closet that can rid business suits of the lingering smells of smoke and smog to increase its foothold in Asia’s biggest economy as it takes steps to sell more of its household appliances abroad. “It’s a door opener,” Chief Executive Officer Juerg Werner said in a May 16 interview at the company’s headquarters in Zug. To the company’s surprise, the product is proving popular in China, where airing clothing can be difficult in cities due to smog and poor air quality, Werner said.“People in China smoke a lot,” he said. “I spent some four to five hours in thick smoke when I was there -- it stank like crazy.” “It’s a narrow segment we’re serving here, in China, too,” Werner said. “The top end is relatively thin. Nevertheless, we managed to win some top projects in China recently,” he said, declining to provide details.

  • Published by, 10th Jun 2017 in category Bilateral Relations in English

    China's capital markets remain restricted to foreigners, but Switzerland is launching a promising bid to help further open up the country to western participation, Swiss diplomat Joerg Gasser tells's highest tax diplomat, Joerg Gasser, visited Singapore, Hong Kong and China recently as part of a government-led visit to the region which included UBS, Credit Suisse, and the Swiss stock exchange operator. The Swiss government under finance minister Ueli Maurer made a case to help China liberalize its economy, Gasser tells – a plan based on diplomatic relations more than 65 years old. From the interview, we could also see his opinions in “China interested in talking strategy with us”, “We're small, not in the EU, not a threat to China”, “ChemChina-Syngenta signals open market” and “Chinese banks need to be in Switzerland”.

  • Published by, 06th Jun 2017 in category Legal / Tax / Consulting / Services in English

    China legal Report is a monthly collection of Chinese law related news gathered from various media and news services, edited by Wenfei Attorney-at-law LTD. This time, you will read three useful news concerning “establishment of seven new free trades in China”, “the amendment of enterprise income tax law” and “security program of foods and drugs in the 13th Five Year Plan”.

  • Published by, 03rd Jun 2017 in category General Interest in English

    Swiss President Doris Leuthard (L) shakes hands with Li Jinzao, head of China National Tourism Administration, at the Mutianyu Great Wall during an activity of China-Switzerland Year of Tourism in Beijing, capital of China, 13 May.

  • Published by, 30th May 2017 in category BUSINESS NEWS in English

    Chinese President Xi Jinping on Saturday suggested that negotiations with Switzerland on the upgrading of a Free Trade Agreement should begin as soon as possible.Xi made the remarks when meeting with Swiss President Doris Leuthard, who was in Beijing to attend the Belt and Road Forum for International Cooperation. With the development of bilateral relations since the establishment of China-Switzerland innovative strategic partnership in 2016, the two sides should maintain high-level contact, and seek innovation-driven cooperation and exchanges across the board, Xi said.He urged the two countries to strengthen the alignment of "Made in China 2025" with Switzerland's Industry 4.0 strategies, enhance cooperation in finance, aviation, culture, winter sports, and work closely on China-Switzerland Year of Tourism in 2017.Noting that Switzerland is a vigorous supporter and participant in the Belt and Road Initiative, Xi said he expects more practical cooperation in key areas.

  • Published by, 27th May 2017 in category BUSINESS NEWS in English

    After successful editions in 2013 and 2015, the Sino-Swiss Business Awards 2017 has announced the winners of its third edition during an exclusive gala evening held at the Rosewood Beijing. More than 350 guests attended the event which included top economic and political leaders from both Switzerland and China. For the first time, and in the frame of the OBOR Summit, the highest authority of Switzerland, honoured the Ceremony with her presence: Her Excellency, Federal Councillor Doris Leuthard, President of the Swiss Confederation and Head of the Federal Department of Environment, Transport, Energy and Communications.Prior to the SSBA, a panel discussion entitled “On the move: Sino-Swiss business cooperation and the belt & road” took place for around 40 high-level guests, including H.E. President Doris Leuthard who made an opening statement.A signing ceremony including agreements on government, business and education levels was held alongside the event.

  • Published by, 24th May 2017 in category BUSINESS NEWS in Chinese

    On 14 May, the Belt and Road Forum for International Cooperation (BRF) officially opened. The General Secretary of SwissCham Beijing, Pauline Houl said during an interview that OBOR will provide many opportunities for China as well as Switzerland and the two countries can work together to develop a broad Eurasian market. With the continuous development of OBOR, the neighboring markets will be more open and diversified. Trade barriers will be reduced and the business environment will be more conducive to overseas investment. With good performance in clean energy and transportation infrastructure, Swiss companies will play an important role in the development of the entire area related to OBOR. "It's a good opportunity to reach a consensus on how to create a real win-win partnership". She also said that both Western and non-Western countries have shown great enthusiasm for the initiative and the potential business opportunities. Switzerland is ready to act as a strategic partner in the implementation of the OBOR initiative. The biggest attraction of the OBOR initiative is that it will bring great business opportunities in all areas.

  • Published by, 21st May 2017 in category BUSINESS NEWS in English

    Swiss companies see opportunities in innovation, engineering and financial services.” That’s what Doris Leuthard, the President of Switzerland, hopes for Swiss businesses in the Chinese market.Leuthard was among the 29 heads of state and government who attended the high-level Belt and Road Forum in Beijing. The two-day forum, held from 14 to 15 May, gathered leaders from more than 30 countries to map out their vision for globalization and help push for a stronger trade network. The Sino-Swiss trade bond stands out in particular. China has been Switzerland's most important trading partner in Asia since 2002. And Switzerland is one of the few western countries to have achieved a trade surplus in dealings with China since 2003. The Sino-Swiss FTA came into force in July 2014, but still faces political and cultural hurdles. And that’s where Leuthard suggested companies could be more patient. Switzerland is specialized in banking and financial services, and is also a member of the China-led Asian Infrastructure Investment Bank (AIIB), whose job is to support financially weaker countries with investment in their energy and transport infrastructure.That makes Switzerland a very important member to be able to financially support and help facilitate the Belt and Road Initiative.

  • Published by, 17th May 2017 in category Bilateral Relations in English

    "The Belt and Road Initiative will strengthen well-being and contribute to poverty reduction in concerned regions. It will improve 'connectivity' between Europe and Asia, and help develop trade and the exchange of people," Swiss president Doris Leuthard told Xinhua in a recent interview.Leuthard is among the heads of state and government leaders who accepted China's invitation to attend the Belt and Road Forum for International Cooperation slated for May 14 and 15 in Beijing.The trip to China reflected Switzerland's support for the Belt and Road Initiative. It also highlighted the very positive relations prevailing between two countries, she said.She noted that Switzerland was among the first non-Asian countries to become a member of the Asian Infrastructure Investment Bank (AIIB), whose mandate involves, among other things, financing infrastructure projects along the Belt and Road.Speaking of the relations between Switzerland and China, Leuthard said that they were characterized by "friendship and mutual respect."Switzerland has always shown a pioneering and innovative spirit when it comes to its relations with China. And also, Switzerland was the first nation in continental Europe to establish a free-trade agreement with Asia's economic powerhouse. "This pioneering character is indeed an important feature of the bilateral relations between our countries, and Switzerland counts on consolidating and pursuing these good relations," the Swiss president said.