Author Archives: Stefanie Ros

俄乌冲突环境下,应如何有效应对国际业务中的货币风险

美联储加息

美国正式开始其加息周期,美联储宣布将联邦基金利率目标区间从近零水平上调25个基点至0.25%-0.5%。这也是美联储自2018年12月以来首次加息。根据最新发布的点阵图,16名决策者的预测中值显示,大部分决策者预计到今年年底联邦基金利率将至少升至1.875%,到2023年底时升至2.75%,并在2024年期间维持不变。这意味着今年将总共加息七次,每次25个基点,明年将再加息三至四次。

 

欧元贬值

由于俄乌冲突,欧元兑美元汇率在两周内下跌了4%。 欧元区2月份的年度通货膨胀率为5.8%,创历史新高,能源通货膨胀率为31%。通常,出口商很高兴看到欧元疲软,2% 的通胀目标几乎无法实现。 但由于俄乌冲突导致能源进口价格创历史新高,目前通胀率已超过5%。

 

ING 银行分析师并不认为欧元“被严重低估”,将欧元下跌归因于与美联储的加息预期不同,以及股市的大量资金外流。事实上,这很可能只是开始,而不是结束。由于俄乌冲突这个黑天鹅事件,欧元兑美元汇率跌破平价的风险正在增加。

 

商业机会

对于有国际业务的公司来说,这些汇率波动可能会产生严重影响。 尤其是中小企业,他们可能还没有准备好以最具性价比的方式提供必要的服务。因为许多中小企业与当地合作伙伴合作,而不是直接负责其海外销售。

 

汇率大幅波动是2022年贯穿全年的重要关注点,国际公司应优化运营以应对货币汇率波动,避免损失利润。选择最佳时机补充库存或推动销售会对进口商或出口商的收入产生巨大影响。

 

Dr2 Consultants Shanghai 可以帮助您在瞬息万变的环境中驾驭国际业务。 如有任何疑问,请随时通过 shanghai@dr2consultants.eu 与我们联系。

近期中国的跨境电商发展情况

自 2015 年起,中国设置了 105 个跨境电子商务(CBEC)试验区,由地方政府在通关、物流、支付、立法、税收等方面提供政策优惠。目标是提高外国公司对国际电商活动的积极性。经验证实这是一种推动该国际贸易增长的成功模式。

 

2021年,尽管疫情对国际业务带来了一些负面影响,但中国货物贸易总额首次突破6万亿欧元大关。今年年初,中国又设立了27个跨境电子商务(CBEC)试验区,以稳定外贸和投资。截至 3 月 1 日,29 个产品类别被添加到跨境电子商务零售进口正面清单中,包括滑雪和高尔夫设备等。 在促进贸易的同时,信息安全也越来越受到重视。

 

中国对跨境电商行业的不断优化将,为外国公司提供了更多机会。外国企业可以通过在线平台,使用不同电子商务模式进行贸易。无论公司的业务重点是传统的企业对企业 (B2B) 还是企业对消费者 (B2C)。在中国,许多市场通常是更加集成和复杂的企业对企业对消费者 (B2B2C) 结构,其中消费者对消费者 (C2C)、直接对消费者 (D2C) 以及制造商对消费者 (M2C) 都是必须考虑的常见变体模型。

 

中国的跨境电子商务(CBEC)市场主要建立在一些庞大的在线和社交市场之上,外国品牌可以在这些市场上线产品,有时甚至无需在中国建立实体公司。一下列举了一些成功的 CBEC 平台:

  • 天猫国际,来自科技巨头阿里巴巴的天猫国际是无可争议的第一,拥有 25% 的市场份额。自从他们收购了占有 17% 市场的考拉之后,其他方就很难竞争了。
  • 来自另一家科技巨头腾讯的京东环球也占有15%的市场份额。近年来,京东一直在探索在欧洲进行更多投资,与电子商务平台建立本地合作。
  • 小红书(小红书)的份额较小,仅为5%,但通过其特别受年轻一代欢迎的社交媒体模式,被认为具有很大的增长潜力。近年来,基于社交媒体模型的电商模型逐渐成为一种趋势。

 

市场上有许多平台可供选择,有时很难做出正确的战略选择。不同的平台可以在特定行业提供不同的优势。很多公司在这方面可以为企业提供帮助,但最终,在中国的扩张计划中需要有一个战略重点,这不仅需要资金方面的投资,还需要投入时间。了解中国市场后,再有效整合中国业务。在这个旅行受限制的时期,跨境电商是外国企业一个有趣的选择。要成功获取中国市场,在瞬息万变的中国市场中采用全渠道方法是必不可少的,其中也涉及到线下渠道的发掘。

 

如果您对与中国开展业务、跨境电商发展和趋势有任何疑问,请随时通过 shanghai@dr2consultants.eu 与我们联系。我们的顾问很乐意提供任何建议,以帮助您制定有关中国业务的战略决策。 请注意,本文内容也曾由李雄楚发表在荷兰电商杂志《Twinkle》上。

Wat overheden niet lukt, doet de groene energiesector in China en Europa allang

COP26 voorzitter Alok Sharma vocht zaterdag tegen de tranen. Na dagen van slopende en vaak emotionele onderhandelingen voelde hij zich genoodzaakt om de verandering die India op het allerlaatste moment voorstelde te accepteren: De slottekst waar alle 197 deelnemende landen zich aan committeren bevat nu een belofte om het gebruik van steenkool ‘terug te schroeven’. Voorafgaand aan de top in Glasgow had Sharma nu juist het volledig elimineren van steenkoolgebruik als belangrijke prioriteit benoemd. Het is slechts één van de voorbeelden van het gebrek aan ambitie en leiderschap dat prevaleerde tijdens COP26.

Verrassend proactief waren de V.S. en China, ‘s werelds grootste uitstoters van broeikasgassen, die een onderling akkoord uitbrachten om de uitstoot van methaan en het gebruik van steenkool nog dit decennium grondig aan te pakken. Joe Biden en Xi zijn momenteel via Zoom in gesprek om concrete invulling te geven aan de afspraken. Klimaatwatchers zijn echter bang dat de afgesproken maatregelen te vaag blijven. Als dit akkoord tot weinig ambitieuze implementatie leidt, heeft dat desastreuze gevolgen voor de rest van de wereld. Zelfs onze relatief progressieve Europese Unie zal dan niet meer voortrekkersrol op zich willen nemen uit angst voor verplaatsing van onze – toch al noodlijdende – maakeconomie en bijbehorende banen.

De deal tussen de Verenigde Staten en China kwam uit de lucht vallen. Althans, zo leek het voor de rest van de wereld. Frans Timmermans vertelde voor de camera’s dat hij ‘al dagen op de hoogte’ was en het akkoord van harte ondersteunt. Maar Europa was niet aan tafel uitgenodigd voor de meer dan 30-tal gesprekken die in de afgelopen 10 maanden over het akkoord tussen China en de V.S. hebben plaatsgevonden. En daar hebben we een enorme kans laten liggen om de andere grootmachten te dwingen tot ambitie. Laten we er nu dan ook alles aan doen om alsnog een ‘seat at the table’ te krijgen als het gaat om implementatie van de plannen.

Daarbij zal de rol van de groene energiesector cruciaal blijken. Want de moeizame internationale onderhandelingen lopen ver achter bij de praktijk. Waar overheden decennia lang dezelfde onderhandelingen voeren om uiteindelijk waterige akkoorden te bereiken over hoog-over doelstellingen, en waarbij Europa nu wordt buitengesloten door de V.S. en China, werken bedrijven in Europa en China al die jaren al gestaag door om innovatieve oplossingen voor de energietransitie te ontwikkelen. Al decennia lang overbruggen werknemers van energiebedrijven aan beide kanten van de oceaan samen culturele, sociale, geografische en economische geschillen om groene groei te bewerkstelligen.

Succesverhalen zijn er: Zo installeerde het Nederlandse SPT Offshore vorig jaar met een Chinese ontwikkelaar de funderingen voor een 300MW windpark in de Zuid-Chinese zee. Het Franse Air Liquide leverde de technologie voor het grootste hydrogen station ter wereld dat staat in – Beijing. Deze projecten zijn ontstaan door het jarenlang opbouwen van menselijke relaties en vertrouwen. Ondanks onzekere clausules in handelsakkoorden en zorgen om markttoegang en patentbescherming weten deze bedrijven de groene business case te vinden. Deze business case bestaat ondanks – en niet bij gratie van – ingewikkelde politieke onderhandelingen.

Internationaal beleid heeft zeker nog een functie in het creëren van een gelijk speelveld op socio-economisch niveau. De landen die het hardst getroffen worden door klimaatverandering moeten hiervoor gecompenseerd worden. Maar ook dat gaat makkelijker als de huidige grootvervuilers daadwerkelijk geld kunnen verdienen aan groene energie. Waarom zaten de groene energiebedrijven niet aan tafel in Glasgow?

Een pragmatische aanpak die succesvolle private initiatieven volgt en schaalbaar maakt is de sleutel tot concrete oplossingen. Europese en Chinese werknemers kijken al voorbij politieke en culturele geschillen. Laat onze overheden daar van leren. Creëer een wereldwijde business case vanuit bilaterale successen, en maak bilaterale afspraken om handelsbelemmeringen op te heffen. Laat de internationale afspraken de redelijke praktijk volgen. En betrek de groene economie nou eens écht richting COP27.

 

Auteurs:

Stefanie Ros, partner en directeur, Dr2 Consultants Shanghai (woonachtig in New York)

Li-Xiong Chu, senior adviseur, Dr2 Consultants Shanghai (woonachtig in Shanghai)

Tiffany Zhang, adviseur, Dr2 Consultants Shanghai (woonachtig in Shanghai)

 

Achtergrond:

De auteurs werken voor Dr2 Consultants (NL: Dröge & van Drimmelen), een internationaal public affairs bureau met kantoren in Shanghai, New York, Brussel, Kopenhagen en Den Haag dat bedrijven en overheden samenbrengt om de weg naar een duurzame en toekomstbestendige internationale economie te versnellen.

Voorafgaand aan de klimaattop in Glasgow interviewde het wereldwijde Dr2 Consultants netwerk experts die actief zijn op de energietransitie tussen de EU en China. Eén van de vier hoofdconclusies van het onderzoek is dat internationaal beleid de huidige realiteit onvoldoende weerspiegelt, omdat internationale samenwerking in de energietransitie voornamelijk wordt geleid door de private sector en zowel pragmatischer als innovatiever is dan de afspraken die gemaakt worden op fora als COP26.

 

https://dr2.nl/trendrapport-2021-energietransitie-public-affairs/

 

Contact:

Stefanie Ros, s.ros@dr2consultants.eu, +1 646 691 8935

A global business case for the energy transition through public affairs

For its annual trend report, this year the Dr2 Consultants network conducted interviews with experts to examine public affairs in the energy transition between China and the EU. For the publication, a short video has been made that can be viewed here.

The general conclusion is clear: Governments need to create a global business case so that civil society can truly reap the benefits of international cooperation. Public affairs is an important tool in this.

Trends

Contrary to the current course of international policy, our research found that creating a level playing field does not start with high-level multilateral agreements. The pragmatic approach of the private sector in China and the EU has resulted in successful bilateral cooperation, which can serve as a model for better international policy.

Four trends were discovered in the interviews:

First, governments can learn from each other. Finding the right combination between policy strengths from China and the EU may accelerate the international energy transition. Important in this is that the private sector has a prominent place for input in government-to-government discussions. Zhonghua Xu from TotalEnergies Asia confirms from practical experience that Chinese people are big risk-takers, (….) eager to test ideas on a large scale into the market. On the other hand, Europe is really good in taking initiative. So working together, we can achieve the carbon-neutral mark.

Second, international policy does not reflect current reality. Flora Kan of the EU-China Energy Cooperation Platform describes that international cooperation in the energy transition is predominantly led by the private sector and is often more pragmatic and innovative. Companies that have boots on the ground in multiple countries already engage in cooperation which bridges differences and addresses the local issues at hand. Whereas multilateral discussions over binding agreements are very time-consuming, and we are only nine years away from the 2030 targets.

Third, civil society needs governments to create a global business case. The foundation of successful international collaboration, especially in the energy transition, is trust. Without tackling unequal competition and socio-economic differences this trust will be difficult to build up. Only a global level playing field can ensure that no one stays left behind and that companies can compete on an equal level. Highlighted by Ulco Vermeulen at Gasunie; we can’t do much about natural conditions, but we can do something about the global market. If you can organize together, everyone benefits.

And fourth, public affairs is bridging the world! Innovation cannot thrive without the people facilitating international cooperation. Simon Lemin of TÜVSÜD China mentions that private companies need to get involved in international organizations so that they can steer policy and standards. As mentioned by Christof van Agt of the International Energy Forum, people-to-people diplomacy is excruciatingly important to ensure the transmission of ideas and inspiration and to overcome cultural differences.  

The “Annual Trend Report 2021, The Energy Transition in China and the EU” can be downloaded for free here: Dr2 Trend Report 2021 – The Energy Transition in China and the EU

Frans van Drimmelen, founder and CEO of Dr2 Consultants: “Every year, our international team researches an important development in the field of public affairs. This time we have chosen to focus on the energy transition, as we see that civil society is eager for deeper cooperation with governments to achieve workable solutions. Dr2 hopes to contribute to increased and more efficient international policy dialogues through the content of this report.”

The Annual Trend Report 2021 includes interviews with high-level representatives from amongst others the International Energy Forum (IEF), EU-China Energy Cooperation Platform (ECECP), TotalEnergies, European Union Chamber of Commerce in China (EUCCC), TÜV SÜD, Gasunie, Dutch National Hydrogen Platform, and the Province of South Holland.

About the Dr2 Consultants network

Dr2 Consultants is a strategic consultancy network that operates at the intersection of corporate communication and public affairs, with offices in The Hague (Dröge & van Drimmelen), Brussels, Copenhagen, New York and Shanghai. We advise public and private institutions all over the world on how to acquire social and political support for their issues. All offices within the Dr2 network facilitate public-private cooperation in the energy transition and related areas; clean energy, CCU, (food-)waste management, etc.

If you would like to know more, please contact us at shanghai@dr2consultants.eu.

Scammers are Winning: € 41.3 ($ 47.8) Billion lost in Scams, up 15%

The number of reported scams increased from 139 million in 2019 to 266 million in 2020. The amount lost grew from € 36 ($ 41.7) to € 41 billion ($ 47.8).

With the COVID-19 pandemic, the scam industry has boomed worldwide. In ’s 3rd Global State of Scams Report, for which we at Dr2 Consultants Shanghai also contributed, 42 countries were analyzed on the number of people scammed and the amount of money lost.

Although definitions and reporting methods used by different countries for scams differ strongly, nearly all countries have reported large increases in the number of reported scams. Also, it seems that with the “zero-interest” economy, many proved to be willing victims to “investment opportunities”. These particular scams are also called ‘pig butchering and can run for longer periods of time such as 3, 6 or even 12 months.

In order to combat scams effectively, many countries have resorted to more aggressive awareness campaigns.  But as the themes of the scam usually change (e.g. pet scams, COVID grants), citizens worldwide still seem to fall for them, despite these earlier warnings. The World Economic Forum estimates that a mere 0.05% of all cybercriminals are eventually prosecuted. This makes online scamming, which is even more underreported than “big cybercrimes”, a very lucrative business.

The full report will be presented at the Global Online Scam Summit and can be downloaded from ScamAdviser.com. Or you can contact us through shanghai@dr2consultants.eu for more details.

Dr2 White-paper: ‘Time to enter Chinese cosmetics market WITHOUT ANIMAL TESTING’

In the past few months, China has been updating its cosmetics regulations, which brings great opportunities for foreign brands that have been blocked by previous complicated regulations. Dr2 Consultants Shanghai presents the key takeaways in this white paper for cosmetic brands who would like to enter the Chinese market without animal testing.

What you should know before entering the Chinese market

  1. How are cosmetics products classified in China?
  2. What are the dossiers necessary for cosmetic registration/recordation?
  3. What are the requirements of cosmetics labeling?
  4. How to avoid animal testing?
  • Option 1: Cross-border e-commerce
  • Option 2: Do the filling in China
  • Option 3: Animal testing exemptions

 

Interested? Contact shanghai@dr2consultants.eu for a free copy!

Helping China’s food waste problem

Through the rapid growth and urbanization rate, the amounts of waste are increasingly growing in China. First steps in the classification and sorting of municipal solid waste have been initiated in recent years. This has provided more insights into the troubling situation regarding food waste. Different research indicated that Chinese cities waste 17 to 18 million tonnes of food annually which is enough to feed 30 – 50 million people for a year.

To illustrate, in Shanghai food waste has increased by 27.5% in recent years, which is mainly generated by the catering sector. And even though Shanghai is the first urban city to implement strict sorting policies, there are challenges to overcome. Firstly, insufficient treatment capacity, it is estimated that Shanghai produces more than 9.000 tonnes of food waste daily but the treatment capacity can only handle 5.000 tonnes. Secondly, because of the insufficient quality composition of sorted food waste, using it for composting for example becomes more difficult.

As the priority for China is to become more self-sufficient, dealing with the food waste problem in a sustainable way is key to decrease the immense amounts of food imports for example. A transition to prevention will become increasingly important. The coming years will see more investments in experimenting with new valorization techniques. Finding more efficient and effective ways for the collection & sorting systems, finding new ways to reuse outputs from the existing treatment facilities back into the food chain but also creating new solutions that can deal with the urban-rural context.

Together with colleagues from our headquarters in the Netherlands, Dröge & van Drimmelen, our partners, New Economy, and Acclime, we are working together with the Netherlands Enterprise Agency and the Consulate General of the Kingdom of the Netherlands in Shanghai, conducting a market study for business opportunities of Dutch enterprises within the Yangtze River Delta. The study is currently being finalized and scheduled to be published in July 2021.

Please contact us at shanghai@dr2consultants.eu if you are interested in knowing more or if you are in relevant food waste fields and would like to be updated and involved in future events regarding combating food waste in China.

Dr2 White-paper: ‘The Rise of Live Commerce in China, how will the West follow?’

Digital developments go with the speed of light in China. In this whitepaper, Dr2 Consultants Shanghai outlines the do’s and don’ts for retailers that want to jump on board with the latest trend in e-commerce: Live commerce.

live-commerce

What is live commerce?

Live Commerce = E-commerce + Live Streaming

The live-streaming industry has developed very quickly in China over recent years. It has influenced the further professionalization of the e-commerce industry with;

– new innovations,
– instant consumer engagement,
– platform integrations, and
– changing regulations.

This paper brings insight on the opportunities live-streaming can create in an integrated e-commerce strategy.

Interested? Contact shanghai@dr2consultants.eu for a free copy!

 

 

 

 

 

March 8 CN-EU Online Session: Opportunities & Strategic Implications

On March 8, 16:00 – 18:00 (GMT+08:00) Dr2 Consultants Shanghai together with HIDC – Holland International Distribution Council will organize an online session to discuss the opportunities and #strategic implications when thinking of expanding your business to Europe from China within the cross-border E-commerce sector.

For this session, several trusted partners from the extended Dr2 & HIDC Network will join in order to provide practical insights for Chinese companies looking into the European market :
La Gro Geelkerken Advocaten, Bol.com, TradeanyHyperSKUCultureBeatz

Interested? Please register here for free – https://bit.ly/3aRHXYr

For any questions, please contact us at shanghai@dr2consultants.eu

e-Waste, a valuable circular mine field for CN-EU collaboration

With volumes increasing with 20% each year, e-waste is now the fastest growing type of waste in the world. China is the distribution center of 70% of global e-waste and a big e-waste production and consumption country. According to the Ministry of Environmental Protection, China now produces about 2 million tons of e-waste annually. The amount of e-waste from computers, mobile phones, and other electronics is expected to exceed 27 million tons by 2030, growing at an average annual rate of 10.4%. Meanwhile, the value of recyclable metals in the circuit boards of discarded computers and mobile phones will reach 160 billion yuan.

 

What is e-waste?

E-waste is any electrical or electronic equipment that’s been discarded. This includes working and broken items that are thrown in the garbage or donated to a charity reseller. Often, if the item goes unsold in the store, it will be thrown away. E-waste is particularly dangerous due to toxic chemicals that naturally leach from the metals inside when buried.

E-waste covers a variety of different products that are thrown away after use.

Large household appliances, such as washing machines and electric stoves, are the most collected, making up more than half of all collected e-waste. This is followed by IT and telecommunications equipment (laptops, printers), consumer equipment and photovoltaic panels (video cameras, fluorescent lamps) and small household appliances (vacuum cleaners, toasters). All other categories, such as electrical tools and medical devices, together make up just 7.2% of the collected e-waste.

Many people do not dispose of electronics properly and thus, a large portion of electronic device end up in landfills. In 2018, only 20% percent of e-waste worldwide produced was documented, collected, recycled.

 

China’s e-waste market

Current statistics show that Asia produced 24.9 Mt in 2020 and thatChina is the world’s top e-waste producer, having generated 10.1 Mt of e-waste in 2019. China plays a key role in the global EEE industry for two primary reasons: it is the world’s most populous country, so the domestic demand of EEE is very high, and it has a strong EEE manufacturing industry. Additionally, China plays a significant role in the refurbishment, reuse, and recycling of e-waste. Driven by e-waste regulation and the facilities expansion, the formal e-waste recycling industry has shown considerable growth in treatment capacity and quality; more than 70 million e-waste units are dismantled annually . According to the Chinese government, the actual collection and recycling rate is 40%, but it is important to note that this number only refers to 5 EEE products, as opposed to the 54 EEE products (UNU-Keys) listed in the international e-waste classification.

 

Current challenges

The collection and recycling rate drops to 15% if all 54 products are considered. China has national legislation in force that regulates the collection and treatment of fourteen types of e-waste (i.e. five types, initially, and nine more were later added)[1]. However, informal sector activities still co-exist next to this advanced recycling system. Due to the many metals in e-waste, collection, dismantling, and recycling in the informal sector poses health hazards for collectors, children and others living near the activity sites. Fortunately the informal sector has been dramatically declining, due to stricter controls from China’s new environmental law. The illegal importation of e-waste disappears more expeditiously because of the solid waste ban import policy which was implemented in 2018. However, the increasing gap between fund levies and subsidies is imposing distinct challenges for e-waste funding policy. The Chinese Government has set targets of sourcing 20% of raw materials for new electronics products from recycled content and recycling 50% of electronic waste by 2025.

 

Policy measures

Chinese government has issued a number of relevant laws, regulations and technical guidance over the past decade. For example:

  • Catalogue for Managing the Import of Wastes
  • Technical Guidance on Pollution Prevention and Control of Waste Electrical and Electronic Equipment
  • Regulation on Management of Prevention and Control of Pollution from Electronic and Information Products
  • Administrative Measures on Pollution Prevention of Waste Electrical and Electronic Equipment
  • Regulation on Management of the Recycling and Disposal of Waste Electrical and Electronic Equipment

With the support from the government, companies started their e-waste recycling tour in recent years. For example, Aihuishou and Baidu Recycle partnered with e-device producers and retailers to make the recycle more targeted and effective.

Next to this, the Chinese government also collaborates on national and international e-waste projects to help guide e-waste reform. A number of partnerships have established over the past decade, which brings in national and global expertise. So is there room for CN-EU collaboration in e-waste?

 

European policy on e-waste

The European Commission published the Circular Economy Action Plan in March 2020 labelled reducing e-waste as a priority for EU countries. In the European Union, there is a very well-developed compliant e-waste management infrastructure to collect e-waste in shops and municipalities by private operators, as well as to further recover the recyclable components of the collected e-waste and dispose residuals in a compliant and environmentally sound manner. This has been established by the relatively long-running history of EU e-waste legislation since early in 2003. Consequently, statistics show that 59% of the e-waste generated in Northern Europe and 54% of e-waste generated in Western Europe is documented as being formally recycled; the e-waste collection data was reported for 2017. Those are the highest percentages in the world. For the reference year 2019, 85% of e-waste generated, or 65% EEE POM of the three preceding years, has to be collected by a member state of the EU, which indicates that collection and recycling must increase even further to meet the collection targets.

 

Public-private initiatives

Responding to the European policy measures, private initiatives in European member states have emerged which seek public-private cooperation to reach recycling targets. For example in the Netherlands the ‘OPEN Foundation’ (Organization for Producers’ Responsibility for E-Waste Netherlands) has emerged, which is a collective of more than 2.000 producers of white goods, ICT, audio and visual equipment, tools, fixtures and solar panels. The goal of this non-profit foundation is to meet the statutory collection target of 65 percent and to make e-waste circular. The existing innovative strength and collection, sorting and processing activities from the basis for the waste management structure. As per Dutch government decree, the OPEN foundation will take over the implementation of the legal producer responsibility in the Netherlands at the beginning of 2021.

 

Opportunities for CN-EU cooperation

While both public and private organizations on e-waste in both Europe and China have many challenges to address, there is great potential for cooperation from both sides. China’s governmental policy has been quite effective so far, but more cooperation with the private sector is needed to reach targets. European public-private initiatives can serve as an inspiration for similar projects in the Chinese sector. On the other hand, European initiatives can benefit greatly from the measuring and control systems the Chinese government has developed in recent years.

 

Conclusion

If we want to build back better, green and circular should remain a global target. With the newly signed Comprehensive Investment Agreement, China and Europe are very likely to have deeper cooperation on circular economy in the next few years. In this light cooperation on e-waste should be considered for any international projects being initiated, as it is not only a fast growing challenge, but also a source of great potential for both China and Europe.

Would you like to know what opportunities circular economy policy brings to your business in the coming years? In China or in the EU? Please do not hesitate to contact us at: shanghai@dr2consultants.eu. We look forward to discuss how we can leverage opportunity together!

 

 

Sources:

  1. https://www.europarl.europa.eu/news/en/headlines/society/20201208STO93325/e-waste-in-the-eu-facts-and-figures-infographic
  2. https://www.greenpeace.org/eastasia/press/1397/chinas-e-waste-worth-23-8-billion-by-2030-2/
  3. https://ec.europa.eu/environment/circular-economy/pdf/leading_way_global_circular_economy.pdf
  4. https://www.ewaste1.com/what-is-e-waste/
  5. https://ourworld.unu.edu/en/assessing-and-improving-the-e-waste-problem-in-china
  6. https://www.statista.com/topics/3409/electronic-waste-worldwide/
  7. https://www.weforum.org/agenda/2019/01/how-a-circular-approach-can-turn-e-waste-into-a-golden-opportunity/
  8. http://ewastemonitor.info/wp-content/uploads/2020/12/GEM_2020_def_dec_2020-1.pdf

 

[1] The regulated fourteen types of e-waste are: televisions, refrigerators, washing machines, air conditioners, personal computers, range hoods, electric water-heaters, gas waterheaters, fax machines, mobile phones, single-machine telephones, printers, copiers, and monitors.