In the Inter-Chamber SME Working Group Position Paper, European SMEs identify four major areas key to ensuring their healthy development in China and provide recommendations to the Chinese government. These areas are access to financing, reduction of red tape, measures to prevent late payments and Intellectual Property Rights protection.
Key Recommendations for the SME Position Paper 2021/22
- Provide European Small and Medium-sized Enterprises (SMEs) in China with Better Access to Financing
- Promote Coordination Between Different Administrative Departments and Improve the Transparency, Clarity and Integrity of All Relevant Regulations for SMEs
- Reduce the Financial Burden of SMEs to the Greatest Extent Possible, Including Through Measures Like Ensuring Reasonable Payment Terms and Enforcing Timely Payments
- Promote the Value of Intellectual Property Rights (IPR) Protection and Enforcement Mechanisms at the Consumer, Business and Local Government Levels
About the the Inter-Chamber Small and Medium-sized Enterprise Working Group
The Inter-Chamber Small and Medium-sized Enterprise Working Group was established in 2014 as a new advocacy element of the European Union (EU) SME Centre Phase II, with the objective of strengthening advocacy for European SMEs.
The working group is based on the European Chamber’s Small and Medium sized Enterprise Forum. It brings together European SMEs to create a strong channel where concerns over the business challenges faced in China can be expressed. The working group’s recommendations represent the concerns and interests of SMEs from all EU Member States.
The Inter-Chamber Small and Medium-sized Enterprise Working Group organises a series of regular working group meetings and policy meetings and that are intended to provide practical solutions and policy advice to European SMEs and European SME stakeholders.
Join the European SME business community in China and get up-to-date presentations on the regulatory, economic and social changes happening in China that have the direct impact on SMEs exporting and investing in the market. Listen to common issues faced in the market and contribute your experiences to help lobby European and Chinese policymakers.