China’s Reopening: Opportunities in 2023

UK time:

07/02/2023 09:00 - 07/02/2023 10:00

Venue: Webinar

On the 8th of January, China officially ended quarantine requirements for international arrivals into China, marking the end of three years of travel restrictions. As we now transition from rigorous and strict covid measures to a full reopening, there is a great deal of anticipation for what this will mean for businesses and organisations that work with China, however the mood is largely positive.

The reopening has been warmly welcomed by both Chinese consumers and global economists alike, with China’s GDP growth forecasts being revised up to 5.3% for 2023. Within days of the rule relaxation, more than 280,000 travellers registered to travel to Hong Kong after a cap of 50,000/day was implemented to help manage capacity.

UK-China flight connections are expecting to gradually normalize over the course of 2023 with a wide choice of direct routes from major domestic and international carriers planned to resume between March and the summer. We are delighted to see an uptick in interest from our members and partners to visit China during 2023 and vice versa to the UK – enabling business and trade to resume under a backdrop of normalized circumstances.

Now that China’s has shifted its approach from a strict Zero-Covid policy to a rapid reopening up, what does this mean for British businesses and how can you capitalise?

To help companies plan for 2023, this webinar will firstly provide an update on the current COVID and economic outlook, with an update from colleagues based in China.

Following this, China based CBBC Sector Leads will provide a sector-by-sector overview of the key tradeshows, events, and business development opportunities in China for 2023.

Agenda

9:00am – 9:25am - Update on China’s reopening

Mark Harrison, Partner – Deal Advisory, KPMG Shanghai
Kiran Patel, Senior Director, Commercial, China-Britain Business Council

9:25am – 9:50am - Overview of the key activities and events in China for 2023. Overview of the key growth sectors

Food and Beverage
Retail
Creative Industries
Financial and Professional Services
Advance Manufacturing and Transportation
Energy, Environment, and Infrastructure
Healthcare and Life Sciences
Education and Training
Tech and Innovation

9:50am – 10:00am - Opportunities for Q&A

Speakers:

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Mark Harrison, Partner – Deal Advisory, KPMG Shanghai

Mark began his career in London where he spent 5 years working first in audit and then specialising in cross-border transactions work across Europe. He subsequently worked in the KPMG Paris office for over four years focusing on cross border engagements including spending 6 months stationed in Chicago. In 2008, Mark transferred to the KPMG Shanghai office where he advises clients on investments in China including due diligence, joint ventures, vendor assistance, SPA drafting and completion accounts. Mark has advised on over 250 transactions in China during 15 years working in China. Mark speaks English and French fluently, and is conversational in Mandarin Chinese.

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Kiran Patel, Senior Director, Commercial, China-Britain Business Council

Kiran Patel is Senior Director, Commercial, CBBC China. He has been living in China since 2004 and has a comprehensive skillset in business development, marketing, and communications, cutting across both the private and public sectors. Kiran joined the China-Britain Business Council from the British Council where he held a diplomatic post in China on behalf of the Cultural & Education Section of the British Embassy. Prior to this, he worked in the Professional Services sector. At CBBC, Kiran leads our commercial, sector, marketing and communications teams across China. Kiran is deeply knowledgeable on China and has been an active member of the UK-China business community over a prolonged period.

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China’s Reopening: Opportunities in 2023