The Flanders-China Chamber of Commerce (FCCC), Silk Road Partners, and Flanders Investment & Trade (FIT) have jointly published a report on "Navigating through the New Chinese Business Environment."

China is the second-largest economy in the world and remains a market which should not be neglected. Many companies are in China due to its large market potential and local supply chain, but also increasingly for its growing innovation power. However, slower Chinese economic growth, the global economic slowdown, and growing geopolitical tensions require companies to use a new China playbook.

This study provides insight into China's transformation and what this entails for our companies. It offers strategic recommendations not only for companies that have already invested in China, but also for newcomers.

China's reaction to COVID-19 and the current geopolitical climate have raised questions about the risks and opportunities of doing business in and with China. This study aims to present a balanced perspective on how China has been transformed and what this means for companies cooperating with this economic superpower.

The study highlights the historical context of China's transformation, the current economic landscape, demographic shifts, and geopolitical influences. It presents China's business-focused answer to its domestic challenges, opportunities, and strategic recommendations.

The study concludes that understanding and adapting to economic power shifts is of crucial importance. Embracing innovation, forming strategic partnerships, and remaining flexible are key to navigating the new Chinese business climate.

This paper is available in the Dutch language.

If you would like to obtain a copy of this paper, please complete the form below.