By 2025, it is expected that the digital economy will contribute 10% of China’s total GDP – increasing from 7.8% in 2020. Both the UK and China fully recognize the opportunity to harness and use data to drive economic growth while at the same time formulating approaches that put data protection and security as central to our data strategies. China is increasingly deploying green solutions to address the considerable environmental challenges it faces. Central to China’s next five-year plan, a growing focus on green tech is driving investment in low carbon electric vehicles and smart cities, with the aim of reducing emissions and creating a cleaner, greener environment.

Kiran shared examples of UK-China success across the digital and low carbon sectors – and showcased flagship CBBC initiatives promoting digital trust and collaboration throughout the wider digital and industrial economy sectors.

Case Study 1: BSI – PAS2060

CBBC in the leadup to COP 26 published our Targeting Net Zero report to showcase the depth of collaboration between China and the UK in addressing our common challenges.

PAS2060 Carbon Neutrality is enabling Chinese businesses and organisations to demonstrate their carbon neutrality claims and achieve Net Zero targets, by measuring carbon emissions, implementing a plan to manage and reduce emissions, and finally through carbon credit offsetting.

Anjie IoT had the objective to become carbon neutral to demonstrate its commitment to climate change, manage and reduce its greenhouse gas emissions, and to position itself as a green service provider to support the company’s growth. BSI took Anjie IoT through the journey to reach full carbon neutrality and demonstrate these achievements – providing all the necessary training and knowledge to achieve these objectives.

Case Study 2: LexisNexis - New Energy Vehicle Insurance Solutions

LexisNexis in partnership with Jingyou launched the ‘One-stop New Energy Vehicle Insurance Solution’ in December 2021 in response to the industry demand to develop NEV-specific auto insurance products.

Leveraging its world-leading data integration and analytics capabilities to seamlessly combine data attributes, risk scoring, and ratings engine, LexisNexis’ unique solution in the market can in one-stop, meet an auto insurers’ demands in data and decision support to the key business stages of NEV-specific auto insurance product marketing, underwriting, and pricing.

LexisNexis has already supplied this NEV solution to more than 20 Chinese auto insurers and the client base continues to grow achieving numerous awards along the way.

Case Study 3: Arup - Urban Drainage Masterplan (Shanghai)

Shanghai’s success has seen rapid urbanisation and dramatic population growth. However, the pace and scale of urban development also increased the risk of flooding and river pollution in the city as green space that could soak up rainfall was developed for roads, buildings and the other foundations of our modern environment.

Shanghai’s city authorities took decisive action, launching a design competition to look for advanced, yet deliverable, strategies for the densely populated city centre.

As a result, Shanghai now has a new Urban Drainage Masterplan developed with the support of Arup in partnership with the Shanghai Urban Construction Design & Research Institute. The team brought together a wealth of global experience and detailed local knowledge to identify potential solutions that aligned most closely with the specific challenges faced by Shanghai.

Case Study 4: The UK-China Industrial Cooperation Partnership (ICP)

Launched by CBBC in 2019, the UK-China Industrial Cooperation Partnership (ICP) is a cross-industry and non-profit cooperation platform created by CBBC and our partners CIETC with support from Ministry of Industry and Information Technology (MIIT) and Department for Business and Trade (DBT). It offers a platform for UK and Chinese enterprises, public institutions, research institutions, industrial organisations, industrial parks and financial investment institutions operating within a range of modern industries to showcase and demonstrate successful partnership.

The core objectives of the ICP, led by CBBC and our partners is to:

BSI

Case Study 5: CBBC & Our Members - Green Transition & Digital Economy Working Groups

Launched this year and building on the Industrial Cooperation Partnership Programme that CBBC has developed, our working groups within the digital and industrial economy have a clear vision and mission to promote greater collaboration between the UK and China across the following three core pillars: advocacy, cooperation, and information sharing.

Advocacy: Form a single voice for UK business to advocate to the Ministries, regulators and relevant departments of the Chinese Government responsible for developing China’s digital and data, and industrial economy.

Cooperation: Promote cooperation between UK-China business and Government across the industrial economy including commercial partnerships, joint research, draft regulation, and other forms of collaboration.

Information sharing: Become the leading platform for information sharing in the UK-China data and digital governance, low carbon and greentech space.

Should you wish to learn more about the work of CBBC or our members supporting decarbonization in China, or wish to get involved in our ICP programme, please contact:

logo