A survey by the European Union Chamber of Commerce in China (EUCCC) offers insight into how new restrictions are affecting businesses.
In recent years, China has introduced a series of trade policies that have affected the export of raw materials and technologies. These measures have also impacted European companies operating in the country, as revealed by an EUCCC survey. One of the main consequences has been delays in delivery times, as the export of certain goods now requires government approval. Although China’s Ministry of Commerce officially allows 45 days for processing such applications, 40% of EUCCC members report that this timeframe is regularly exceeded. Companies also criticize the limited transparency of the licensing system and the extensive sensitive data they are required to provide.
China justifies the restrictions by citing national security concerns, aiming to prevent its resources and technologies from being used for military purposes. EUCCC President Jens Eskelund advocates introducing a general licensing framework to restore stability and predictability and counter the growing mistrust among companies. General licenses would enable approved firms to export materials repeatedly without needing to obtain individual permission for each shipment.
The EUCCC is an independent organization that supports EU businesses in China and represents their interests.
Photo: Jonas F via Canva
