Page 4 - THE SOUTH CHINA BUSINESS JOURNAL
P. 4
ITOR'S NOTE

Dear Members,

Greetings,

I hope this warmer weather is finding your own copy from the American
you in good health and spirits. I have Chamber of Commerce South China
some good news to share with you. publication page.
In the readout of the 2024 GWR, the
government announced a GDP growth The Chinese government has already
target of “around 5 percent” for 2024, responded to a concern I raised in the
consistent with the target set in 2023. Special Report’s President Message. I
said that China has jumped so fast into
Dr. Harley Seyedin We have been quite busy since the last the digital age that foreign business
issue of SCBJ. leaders were having difficulty getting
Winner of the 2017 Oslo to their money, networking, and several
Business for Peace Award Once again, we had a very successful other issues. The system just was not
(together with Elon Musk, release of our annual Special Report compatible to American phones.
Durren Shahnaz and Murad on the State of Business in South Within a week of our publication and
AI-Katib) China. Over 200 government officials, release, the government published
Awarded by an Award business executives and members the highly detailed and very helpful
Committee of Nobel Laureates of media including over 40 foreign Payment Service Guide for Overseas
in Peace and Economics consulates mostly represented by their Visitors to Guangdong. You can find
Among few individuals on 233 consuls general attended the event. this publication at https://mp.weixin.
years to be awarded the Thomas We had some very interesting findings qq.com/s/cE4eRJvXwFoReWFBv_iadg .
Jefferson initiated Peace this year. First of all, confidence in US-
through Commerce Medal by China relations is rebounding after an Of course, networking is another issue
the US Government inverted V-shaped pattern between altogether. One way you can meet new
Visiting Professor, Jinan 2019 and 2022. Our studies found people is by coming to AmCham South
University that almost 45% of the companies China functions such as the recent
President, Allelon Energy studied are confident about the Ice Breaker we held at the Shangri-La
Partners bilateral relations in the coming year, hotel in Guangzhou. Business cards
President, American Chamber of up by 17% from 2022 and reaching are falling away to WeChat. Make sure
Commerce in South China a record high. The positive dialogues you bring both if you want to put your
between the world’s two largest name in for the free drawing.
economies, including the high-level
summit meeting in San Francisco last Chinese Minister of Foreign Affairs
November, have instilled renewed Wang Yi said that from March 14, China
confidence in the business community will further pilot visa-free policies for
and investors from US, China and Switzerland, Ireland, Hungary, Austria,
across the globe. However, American Belgium and Luxembourg. China hopes
companies have been and still are the that more countries will also provide
hardest hit by both countries’ tariffs. visa facilities for Chinese citizens, work
These tariffs continue to be a one-two together to create a fast network for
punch to American companies doing cross-border personnel exchanges,
business in China. You can find out accelerate the recovery of international
more about the study by reading our passenger flights, and make foreign
cover story on page 7 and downloading friends feel at home.

1 AMCHAM SOUTH CHINA
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