The role of business community playing in tackling the pandemic

CCG online seminar: What role does the business community play in coping with a pandemic?

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As COVID-19 rapidly spreads around the world, businesses are increasingly under strain from supply-chain disruptions and other impacts. Responding to the global crisis requires international cooperation among governments, the business community, international organizations and other actors.

On 1 April, 2020, the Center for China and Globalization (CCG) held an online seminar, the third in a series, on the theme of “Coping with a pandemic: perspectives from the global business community”. This event brought together several senior representatives from international chambers of commerce in China, experts and scholars as well as business leaders to discuss topics such as the impacts of the coronavirus on global supply chains, and the role of government and the business community in tackling the pandemic.

Wang Huiyao, CCG president, pointed out that no countries can face this global crisis alone. He said the world should strengthen multi-level international cooperation to fight the pandemic.

Victor Gao, CCG vice president, said that all kinds of discrimination will make the fallout from the coronavirus even more harmful and dangerous.

Jeff Astle, managing director of APCO Worldwide Shanghai, said that the economic stimulus package China has launched to cope with the crisis due to the pandemic is more effective and targeted than that launched in 2008.

Nick Coyle, CEO and executive director of the Australian Chamber of Commerce in Beijing, said that China and Australia have achieved progress in cooperation in fighting the epidemic, and hope to boost cooperation in the future.

Cui Fan, professor at the University of International Business Economics (UIBE), emphasized that international community should cooperate and strive to reduce protectionism. He suggested decreasing tariffs in response to the pandemic.

Greg Gilligan, chairman of the American Chamber of Commerce in China, highlighted that although there is a crisis, a significant portion of the membership of AmCham in China will maintain previously planned investment levels, up 17% from last month’s survey.

Clare Pearson, former Chair of the British Chamber of Commerce in China, said that this  is not the time for rivalry between the US and China. She emphasized that we are living in an era of a common struggle against the pathogen and that anyone trying to turn this moment into a political conflict has completely missed the point of where we are now.

Joerg Wuttke, president of the European Chamber of Commerce in China，stated that  better coordination of fiscal and monetary stimulus measures would be beneficial to limit the economic damage caused by COVID-19, as coordination is still lacking at present.

Zhou Yanli, CCG advisor and former vice chairman of China Insurance Regulatory Commission, said that we should expand coverage of short-term export credit insurance, and also improve policies related to export rebates to reduce cost burdens on enterprises, while strengthening cooperation with major trading partners.

CCG Books

● Published by Edward Elgar 

● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

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An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.

With contributions from leading experts and international researchers, each chapter covers key topics regarding China’s participation in globalization, including: China’s new role in global economic governance; outward direct investment; China’s soft power and the implications for foreign relations; global migration, diaspora and talent. An enriching range of case studies and extensive empirical research are used to explore the successes and failures of globalization in China, and to discuss the dilemmas facing decision makers in today’s globalized world. A major contribution to the field, this Handbook offers valuable insights to China’s often misunderstood globalization process.

An essential reference for academics and researchers looking for a go-to empirical resource, this Handbook provides scholars of economics, politics and East Asian studies with an exemplary selection of contemporary research on China and globalization.

● Links：

https://www.e-elgar.com/shop/handbook-on-china-and-globalization

● Published by Springer

● Authors: Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China 

The first effort to address the gap regarding higher-end talent within the scholarly work on internal labor migration in China

Provides an essential overview of the major milestones in China’s talents attraction policies, as well as several recommendations to help further improve those policies

Investigates corresponding policies in Germany, Japan, and Singapore to serve as a basis for comparison

Provides a snapshot of first-hand reference material for relevant stakeholders involved in cooperation with China

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This book offers the most comprehensive, up-to-date assessment of China’s domestic and international migration. Restructuring economic development requires large numbers of educated and skilled talents, but this effort comes at a time when the size of China’s domestic workforce is shrinking. In response, both national and regional governments in China have been keen to encourage overseas Chinese talents and professionals to return to the country. Meanwhile, the Chinese government has initiated a number of policies to attract international highly-skilled talents and enhance the country’s competitiveness, and some Chinese policies have started attracting foreign talents, who are coming to the country to work, and even to stay. Since Chinese policies, mechanisms, and administration efforts to attract and retain skilled domestic or overseas talents are helping to reshape China’s economy and are significantly affecting the cooperation on migration and talent mobility, these aspects, in addition to being of scholarly and research interest, hold considerable commercial potential.

● Links：

https://www.springer.com/gp/book/9789811362552#aboutBook

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