2020 was a turbulent year for all due to the COVID-19 pandemic, with the IMF projecting global growth contraction by 4.4 percent. China – despite being the pandemic’s epicenter – was the first and only major economy to recover and enter 2021 with a relatively optimistic outlook. Beijing’s stable and time-sensitive policy responses, epidemic control strategy, and reprioritization of macroeconomic objectives ensured that it was the sole G20 economy that experienced positive growth in 2020. China’s economic rebound was driven by a combination of factors, including massive investment in infrastructure and real estate, export booms boosted by the strong global demand for medical supplies, medical equipment, and electronics, and the steady pick-up in domestic consumption after a long period of sluggish growth. Growth prospects for China going into 2021 are similarly high. The International Monetary Fund (IMF) projects China’s 2021 growth at a staggering 8.4%, well ahead of the United States at 5.1%, and second only to India with a projected 11.5% growth.In addition to incredible growth, China has also surpassed the United States in terms of attracting foreign direct investment (FDI).
The EU SME Centre, EUROCHAMBRES, Istanbul Chamber of Industry and Enterprise Europe Network are happy to invite you to participate in this online conference where our expert, Kristina Koehler-Coluccia, will be sharing insights on China’s current economic situation and disclosing upcoming opportunities for SMEs. The event will take place online on 5 May from 09:00-11:30 (CET) / 15:00-17:30 (Beijing).
You can find the recorded webinar on Youtube:
09:00 – 09:40 Opening Remarks
- Erdal Bahçıvan, Chairman of Board of Directors, Istanbul Chamber of Industry
- Abdulkadir Emin Önen, Ambassador of Turkey in Beijing
- Renzo Isler, Director, EU China SME Center
09:40 – 10:20 Introduction to Chinese Market: Threats and Opportunities
- Kristina Koehler-Coluccia, Head of Business Advisory at Woodburn Accountants & Advisory- EU China SME Centre
10:20– 11:20 Doing Business in China and Experiences of Turkish Companies
Moderator: Dr. Altay Atlı, Founder and Director Atlı Global Consulting
- Tuncer Köklü, Coordinator and Board Member of Holding Companies, Ata Holding
- Gürhan Atakan, General Manager, Aksa Power Generation (China) Co. Ltd.
11.20 – 11:40 Questions & Answers
Seminar will be conducted online via Zoom application.
Note: Turkish-English simultaneous translation will be made during the program.
About the speaker