Although not a new term, the concept of ‘common prosperity’ gained new traction after Chinese President Xi Jinping identified it as a pillar for China’s development in a speech in August 2021 (a speech which came back to the front pages of news outlets when its full version was published in mid-October). While the basic idea behind ‘common prosperity’ is addressing inequality in China, this has taken shape through different initiatives, most notably in tech, entertainment and education crackdowns that have sent ripples in the business and investor communities.
This leaves observers and pundits alike facing a number of questions:
- What are the motivations behind both this ‘common prosperity’ push and the tools selected to address it?
- How to establish clear linkages between ‘common prosperity’ and specific government actions?
- And how will this initiative affect European businesses – big and small – already operating in China or wanting to trade and invest there?
The EU SME Centre and the European Union Chamber of Commerce in China are thus pleased to invite you to join our next Policy Meeting, where Mr Bert Hofman, director of the East Asian Institute at NUS and Professor of Practice at the Lee Kuan Yew School, and Mr Andrew Batson, China Research Director at Gavekal, will provide their perspectives on China’s push for Common Prosperity.
The meeting will take place on Friday, 5 November 2021 from 09:00 to 10:30 (CST) via Zoom.
09:00-09:10 Opening Remarks
09:10-10:00 Presentation by Bert Hofman and Andrew Batson
10:00-10:30 Discussion and Q&A
About the speakers
Mr. Bert Hofman
Director of the East Asian Institute and Professor of Practice at the Lee Kuan Yew School at the National University of Singapore
Mr. Andrew Batson
Director of China Research at Gavekal Dragonomics
Meeting Registration and Cancellation
This is a closed meeting open to consortium partners’ management and relevant stakeholders of EU SME Centre Phase III including embassies or consulates only. If you meet the criteria and would like to attend, please send your information to Ester Cañada Amela (firstname.lastname@example.org) with subject line “Policy Meeting – Interpreting China’s ‘Common Prosperity’ Drive” before Thursday, 4th November COB. You will receive a confirmation email and later on the access link to the meeting.