CBBC’s Annual Report 2023-2024 brings together highlights of CBBC’s achievements in membership and commercial activities, as well as the organisation’s financial statements. Below is an extract from CBBC Chair Sir Sherard Cowper-Coles’ foreword to the report: I am delighted to introduce CBBC’s Annual Report for 2023-2024 after another busy and successful year for the China-Britain Business Council. The UK’s trade relationship with China is a critical one. Two-way trade with …
China-Britain Business Council (CBBC) Chair Sir Sherard Cowper-Coles and Chief Executive Peter Burnett, accompanied by a delegation of member companies, visited China for the second time this year from 18 November to 27 November. Below is a summary of the visit covering each of the five legs in Chengdu, Chongqing, Guangzhou, Shenzhen and Beijing. CBBC Attends Meeting with Premier Li Qiang Premier Li Qiang attended a meeting hosted by CCPIT with representatives from businesses and organisations …
On 3 December 2024, China banned shipments to the US of several minerals and metals used in semiconductor manufacturing and military applications, citing national security concerns. The move, which prohibits the export to the US of products such as gallium, germanium, antimony, and superhard materials, strengthens China’s existing limits on critical mineral exports and represents a rapid retaliation to the US Commerce Department’s latest round of tech export controls announced on Monday, 4 December 2024. …
China has introduced new regulations governing cross-border data transfers, setting stricter guidelines for businesses that handle and transfer personal and sensitive data across international borders, writes Kristina Koehler-Coluccia, Head of Business Advisory at Woodburn Accountants & Advisors The new measures, which aim to protect data privacy and national security, require companies to implement comprehensive risk assessments, obtain regulatory approvals, and ensure transparency in data handling. For businesses transferring data in …
The Chinese market for plant-based foods is growing as environmental, health and ethical concerns increase among Chinese consumers. While vegetarianism has deep roots in China, a number of modern trends are transforming the market for plant-based foods and the food and beverage market as a whole Historical background of plant-based diets in China The consumption of vegetarian food in China is not a modern phenomenon. Buddhism, which entered China around …
On 22 November 2024, China expanded its visa-free entry policy to include Bulgaria, Romania, Croatia, Montenegro, North Macedonia, Malta, Estonia, Latvia and Japan. On the same day, the visa-free stay was extended from 15 to 30 days, with entry allowed for business, tourism, visits to family and friends and exchanges. This means the list of countries with visa-free entry to China now includes: Switzerland Ireland Hungary Austria Belgium Luxembourg Singapore …
China’s new guidelines on artificial intelligence regulation aim to strengthen the regulatory framework surrounding AI development and deployment. The guidelines establish stricter standards for AI ethics, data security and transparency, aiming to address concerns about safety, privacy, and accountability. For companies involved in AI research, development, or implementation in China, these new guidelines present critical compliance requirements. Key provisions of the new guidelines on AI regulation How can businesses comply …
The incredible success of Black Myth: Wukong demonstrates just how seriously China’s young people take their video games – Kaitlin Zhang, CEO of Oval Branding, explains how British game makers can get in on the action How would you feel if your boss bought you the hottest video game on the market and gave you several days off work to enjoy it? This is exactly what happened when the extremely …
The China-Scotland Business Awards 2025 will recognise and celebrate achievements in trade and investment between Scotland and China. The winners of the 9th annual awards will be announced at a special ceremony during the China-Britain Business Council’s Chinese-Burns Supper on 30 January 2025 in Glasgow. CBBC’s Chinese Burns Supper will feature a fusion of Burns Night traditions — including a ceilidh — with those of Chinese New Year as a backdrop for black-tie networking. Don’t miss this opportunity to ring in the Year …
As internet literature in China becomes an integral part of the country’s mainstream culture, British brands in China should take note Internet literature in China has attracted over 500 million readers and created a rapidly expanding and lucrative commercial market both within China and beyond its borders. Through IP commercialisation, some of the most successful titles are gaining huge popularity and growing fanbases in their adaptions in different segments of …