{"id":16391,"date":"2016-03-25T15:49:14","date_gmt":"2016-03-25T07:49:14","guid":{"rendered":"http:\/\/westchina.austcham.org\/?p=16391"},"modified":"2016-04-08T15:33:05","modified_gmt":"2016-04-08T07:33:05","slug":"16391-2","status":"publish","type":"post","link":"https:\/\/westchina.austcham.org\/?p=16391","title":{"rendered":"Post Event Update | Joint Chamber Briefing on KPMG\u2019s China Outlook 2016"},"content":{"rendered":"

On the 25th of March AustCham Beijing, AmCham China, The British Chamber, The European Chamber, and KPMG hosted an exclusive briefing on\u00a0KPMG\u2019s China Outlook 2016<\/a>.<\/p>\n

The sold-out briefing unpacked the report with reference to the future of China\u2019s economy and what this means for foreign businesses and governments navigating these changes. Vaughn Barber (Global Chair, Global China Practice, Head of Infrastructure, KPMG China) opened the briefing, which was moderated by David Frey (Partner, Markets Strategy, KPMG China) and included a panel of John Williams (Managing Director, International SOS China), Glenn Corrie (CEO, Sino Gas & Energy Holdings Ltd.), and Sarah E. Kemp (Minister Counsellor for Commercial Affairs, U.S. Embassy, Beijing, China).<\/p>\n

Central to the diverse panel discussion was China Outlook 2016\u2019s main hypothesis on the nation’s emerging two-track economy. In this two-track system, basic manufacturing and traditional industry encompasses one track, while services, advanced manufacturing and consumer markets makes up the second track. The report posits that the two-track structure will change current business landscapes, and in responding to the needs of track one and the opportunities of track two, FDI and ODI will act as key enablers of a transition from an investment driven economy to a consumer based one.<\/p>\n

Panelists proceeded to discuss the optimism of inward and outward investment opportunities in China, the potential of a governmental credibility gap, sector-wide changes in China over the past decade, and the 13th Five Year Plan growth targets.<\/p>\n

Question time followed, with SOE\u2019s and SME\u2019s, overseas government relations, and hiring trends in Chinese SOE\u2019s providing the foundations for more insightful discussion. The event concluded as an undoubted success, giving audience members an exciting opportunity to learn more about KPMG\u2019s China Outlook 2016 from a wide range of viewpoints.<\/p>\n\n

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This event is now SOLD OUT<\/span>\"KPMGChinaReportPic<\/a><\/h2>\n

Join AustCham Beijing, AmCham China, The British Chamber and The European Chamber for an exclusive joint chamber briefing on\u00a0KPMG\u2019s China Outlook 2016<\/em><\/a>. KPMG\u2019s premier report on China provides analysis and commentary on China\u2019s inward and outward investment patterns and the country\u2019s economic restructuring. The report finds that China\u2019s transition from an investment- and export-led growth model to one driven by consumption and innovation has led to the emergence of a two-track economy. The first track, in basic manufacturing and traditional industries, is experiencing significant headwinds, while the second, in services, advanced manufacturing and consumer markets is exhibiting strong growth potential. This will be a great opportunity to hear from KPMG China\u2019s Vaughn Barber and David Frey, followed by an expert panel co-organized by the four\u00a0chambers. We invite guests for networking drinks following the event.<\/p>\n

Event Agenda:<\/strong><\/p>\n

3:30PM – 4:00PM: Arrival and Registration \u2013 Tea and Coffee<\/span><\/p>\n

4:00PM – 4:25PM: Opening speech by\u00a0Vaughn Barber (Global Chair, Global China Practice, Head of Infrastructure, KPMG China) &\u00a0<\/em>David Frey (Partner, Markets Strategy, KPMG China)<\/em>
\n4:25PM – 5:00PM: Panel Discussion<\/p>\n