Bulletin of the Swiss-Chinese Chamber of Commerce
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CONTENTS Table of Content K Board of the Chamber and its Chapters. .2–3 K Legal & Tax Matters New Incoterms Effective 1 January 2011 . 71 K Editorial . 4 Product Certification in China . 71–72 Representative and Branch Offices. 73–74 K Chamber News How Does VAT Work in China . 74–76 2011 – Moderation and Rebalancing / Year of the Rabbit .6–7 Various Short News. 76–79 New Members. 7 New Swiss Consul General in Shanghai . 8 K News from Members New Senior Advisor East Asia at SECO . 8 DKSH to Provide Market Expansion Services . 80–81 China Comes to Lugano and Ticino . 9–10 Switzerland Trade & Investment Promotion . .11–12 K Human Resources Leadership Development in China . 82–85 K Government Matters Learning by Doing . 85–87 Free Trade Negotiations Officially Launched . 14–17 60th Anniversary of Diplomatic Relations. 18–22 K Finance & Real Estate Economic Mission to China: Impressions . 22–23 Corruption in China – Risks and Remedies . 88–90 Farewell to the Swiss Pavilion . 24 Retrocessions and Kickbacks in Asset Management . 91–95 Basel and Shanghai: A Successful City Partnership . 25–26 Swiss Chinese Financial Organisation . 95 The Emerging Importance of Asia’s Real Estate. .96–100 K Economy Markets China: Annual Economic Report 2010. 28–42 Shanghai: On the Expo Paved Way. 42–47 K Culture & Leisure Hong Kong: Annual Economic Report 2010 . 48–50 China Meets Weggis . 101–102 Switzerland & Hong Kong Sign Double Taxation . 50 Das Grosse Chinesische Neujahrskonzert . 102–103 Agreement bconnected – the Swiss Jazz-funk Band . 104 Report on SEPA. 51–53 Swiss Ball 2010 – Jazz up Your Night . 105 Short News on Hong Kong . 53–56 CHAMPS – China’s Fastest-growing Cities . 57–59 K Services Useful Contacts in China & Switzerland. 106–107 K China Views Membership Card Values. 108 Inside the Growth Engine . 60–61 Analysis of Current Situation in China. 62–65 Die trügerische Harmonie ziwschen Obama und Hu . 66–67 A Rising China’s Place in the World Economy . 67–68 Ventures Abroad Facing a Bumpy Road . 69–70 Impressum :>0:: */05,:, Information Swiss-Chinese Chamber of Commerce Advertising: */(4),9 Bulletin of the Swiss-Chinese Chamber Höschgasse 89 Conditions available on website 6- of Commerce CH-8008 Zurich, Switzerland www.sccc.ch *644,9*, Tel. 044 / 421 38 88 Circulation: Fax 044 / 421 38 89 Deadline for next issue: In print 1’500 Ex. and on website. e-mail: [email protected] May 31 2011 To the Members of the Chamber and of www.sccc.ch the Chapters in Geneva and Lugano; Disclaimer: among them the leading banks, trading Printing: The BULLETIN is a semester publica- companies, insurances and industrial werk zwei tion on Chinese information gathered firms. To Trade Organizations, Govern- Print + Medien Konstanz GmbH from various media and news services, ment Departments, leading Chambers of P. O. Box 2171 edited by the Swiss-Chinese Chamber of Commerce in Switzerland, Europe and CH-8280 Kreuzlingen Commerce and distributed to its mem- China. Switzerland bers and BULLETIN subscribers. The Tel. 0049/7531/999-1870 Chamber does not accept responsibility Responsible Editor: www.werkzwei-konstanz.de for accuracy of quotes or truthfulness of Susan Horváth, Executive Director content. BULLETIN 2 l 2010 1 BOARD OF THE CHAMBER AND ITS CHAPTERS Board of the Swiss-Chinese Chamber of Commerce Executive Committee President: Kurt Haerri Senior Vice President, (since GA 2006) Head Global High-Rise Business, Schindler Elevators Ltd., Ebikon Vice President: Dr Richard Friedl Senior Vice President Export Promotion, ABB Switzerland, Baden Treasurer: Peter R. Schmid Managing Director Senior Advisor, Head Group Executive Relations, Corporate Center of Credit Suisse Group, Zurich Secretary: Wolfgang Schmidt-Soelch Managing Partner, Heidrick & Struggles, Zurich Members: Dr Theobald Tsoe Ziu Brun Chairperson Ticino Chapter Attorney-at-Law, Brun studio legale e notarile, Lugano Susan Horváth Executive Director SCCC Dr Kurt Moser President Swiss-Hong Kong Business Association Küsnacht, former Director of economiesuisse (VORORT) Josef M. Mueller President, SCCC Geneva Chapter Former Head of Nestlé in Greater China Region IMD Executive in Residence, Lausanne Dr Esther Nägeli Chairperson Legal Chapter Attorney-at-Law, LL.M., Nägeli Attorneys-at-Law, Zurich Honorary Members Dr Marc Ronca Former legal Counsel, Schellenberg Wittmer, Zurich, Geneva, Zug Dr Erwin Schurtenberger Former Swiss Ambassador to China Dr Uli Sigg Former Swiss Ambassador to China, Mauensee Board Maurice Altermatt Head of Economic Division Federation of the Swiss Watch Industry (FH), Biel Lore Buscher Regional Director Europe, Hong Kong Trade Development Council (HKTDC), Frankfurt am Main, Germany Jean-Michel Chatagny Managing Director Client Markets Asia Swiss Reinsurance Company, Zurich Dr Daniel V. Christen CEO, Assetis AG, Zurich Bruno W. Furrer CEO, BF Bruno Furrer Consultant, Steinhausen Hermann Gamper Tradelane Manager Asia-Pacific DHL Logistics (Switzerland) Ltd., Basle Reinhold Jakobi Vice President, Regional Management Zone Asia-Oceania-Africa, Nestlé S.A., Vevey Dr Beat Krähenmann Director, Head Legal Corporate, F. Hoffmann-La Roche Ltd., Basle Prof Dr Rudolf Minsch Chief Economist, Member of the Executive Board, economiesuisse, Zurich Nicolas Pictet Partner, Pictet & Cie., Geneva Daniel Schär Head Emerging Markets, Zürcher Kantonalbank, Zurich Stefan Scheiber President Sales and Service Division, Bühler AG, Uzwil Dr Ralf C. Schläpfer Partner, Head Consulting, PricewaterhouseCoopers Ltd., Zurich Erwin A. Senn CEO, T-Link Group / Alseco Holding Ltd., Freienbach Yves Serra President and CEO, Georg Fischer Ltd., Schaffhausen Christopher D. Snook Head of International Coordination, Novartis International AG, Basle Martin Steinbach Managing Director, Sector Head Banks & Trade Finance, UBS AG, Zurich Peter G. Sulzer Zurich Dr Roy Suter Head International Government and Industry Affairs, Zurich Insurance Co., Zurich Franziska Tschudi CEO, Wicor Holding AG, Rapperswil Lukas Utiger Vice President, Lonza AG, Basle Dr Jörg W. Wolle President and CEO, DKSH Holding Ltd., Zurich 2 BULLETIN 2 l 2010 BOARD OF THE CHAMBER AND ITS CHAPTERS Geneva Chapter President: Josef M. Mueller Former Head of Nestlé in Greater China Region, IMD Executive in Residence, Lausanne Vice President: Maître Philippe Knupfer Lawyer, LL. M., Geneva Secretray: Gérald Béroud Director and founder, SinOptic, Lausanne Local Board Members: Irmgard L. Müller Director, Beau-Rivage Palace, Lausanne André Übersax President, Swiss China Networking S.A., Granges-Paccot ZHANG Yafei Avocat chinois, membre de l’Ordre des avocats de Genève Ticino Chapter Chairperson: Dr Theobald Tsoe Ziu Brun Attorney-at-Law and Notary, BRUN Studio legale e notarile, Lugano Local Board Members: Renato L. Bloch Attorney-at-Law, Bloch Law Offices, Lugano Dr Fabio A. Casati Senior Vice President, BSI S.A., Lugano Andrea Fioravanti Attorney-at-Law, Partner, Peterlegal S.A., Lugano Silvio Tarchini Founder, FoxTown Factory Stores, Mendrisio and Songjiang China Dr Liqun WANG Partner, Actus Advisory S.A., Lugano Francesca Wölfler-Brandani Founder, Centro Culturale Cinese “Il Ponte”, Lugano Legal Chapter Zurich Chairperson: Dr Esther Nägeli Attorney-at-Law, LL. M., Nägeli Attorneys-at-Law, Zurich Here for You in Switzerland: Swiss-Chinese Chamber of Commerce Camera di Commercio Svizzera-Cina Höschgasse 89 Section Ticino CH-8008 Zurich c/o Brun Studio Legale e Notarile Phone +41-44-421 38 88, Fax +41-44-421 38 89 Via Ariosto 6 [email protected], www.sccc.ch Case postale 5251 President: Kurt Haerri CH-6901 Lugano Phone +41-91-913 39 11, Fax +41-91-913 39 14 Chambre de Commerce Suisse-Chine [email protected] Section Romande Chairperson: Dr Theobald Tsoe Ziu Brun 4, bd du Théâtre 1204 Genève Legal Chapter Zurich Phone +41-22-310 27 10, Fax +41-22-310 37 10 c/o Nägeli Attorneys-at-Law [email protected] Phone +41-43-343 99 93, Fax +41-43-343 92 01 www.sccc.ch/geneva [email protected] Office hours: Monday–Friday, 9.00–12.00 h Chairperson: Dr Esther Nägeli President: Josef M. Mueller For full overview of useful contacts in China and Switzerland turn to pages 106 & 107 in this issue. BULLETIN 2 l 2010 3 EDITORIAL In the Wake of Western Stabilization tralized “Going West” strategy is the ultimate precondition to defend global market share in almost all business segments. While progress towards a free trade agreement between China and Switzerland is being made, it shall be noticed that our Federal Councillor Doris Leuthard has left the Federal Department of Eco- nomic Affairs to take the lead of another important ministry. On behalf of our Chamber and all our member companies, I would like to express my sin- cere gratitude to Federal Councillor Doris Leuthard for her most remarkable achievements in the bilat- eral relations with China. Excellent progress has been made in many areas. We now warmly welcome China has already approached struggling European our new Federal Councillor Johann Schneider- countries with financial aid already last year, and Ammann as head of the Federal Department for promised to buy other EU countries government Economic Affairs. We are looking forward with debts recently. China would get much more return great confidence to continue to build the solid ground for the Dollar if it focused on stimulating its own for friendly ties and prosperous bilateral economic domestic markets for goods and services. Certainly, relations with China. a stabilized Western economy is of vital importance for the Chinese economy which still very much depends on exports to the US and to the Euro zone, hence, the Chinese bailout to support Europe in its public debt crisis also serves its own interest. China certainly is a beneficiary of economic globalization. Kurt Haerri But it has to be noticed that domestic demand con- President Swiss-Chinese Chamber of Commerce tributed 90% of China’s 10% economic growth in Senior Vice President, Schindler Elevators Ltd. 2009. This however is a strong signal that the exports will not any longer be such a vital pillar of its econ- omy as it was the case in the past.