Dear Members and Friends of SwissCham,

SwissCham is delighted to invite you to the upcoming webinar of stars webinar series Markus HERRMANN, Co-Founder and Managing Director, China Macro Group (CMG); (Advisory) Board Member stars and SCCC, Zurich, will be talking to Jorge TOLEDO ALBIÑANA, Ambassador of the Delegation of the European Union to the People's Republic of China, Beijing.

EU-China relations have in recent years deteriorated rapidly. Against the backdrop of unfulfilled hopes in European capitals of China converging with market-based economies and providing a level playing field for foreign business, the EU Commission adopted a more assertive approach in its strategic outlook in 2019, describing China simultaneously as a cooperation and negotiation partner, an economic competitor in pursuit of technological leadership and a systemic rival promoting alternative models of governance. The Covid pandemic, human rights issues, a China perceived as belligerent in the Taiwan Strait as well as Beijing's position in the Ukraine war are further straining the relationship. In a recent speech, Commission President Ursula von der Leyen characterized China concisely as "becoming more repressive at home and more assertive abroad".

To deal with an increasingly revisionist China in the eyes of Brussels, the EU vows to strengthen its own industrial competitiveness and resilience, make better use of existing trade instruments, develop new defensive economic tools and strengthen alignment with its partners – in short, the EU adopts a strategy of "de-risking" its exposure to China, while at the same time strengthening "the international system itself". What does this strategic adjustment mean for engagement and diplomacy on-the-ground? What role does the transatlantic relationship play? Is there still hope for a reinvigoration of the CAI? Where can and shall the EU and China continue to collaborate going forward? And what does this mean for European business in China?

Kindly note: This webinar is held under Chatham House Rules and will not be recorded. We are looking forward to welcoming you to this interesting seminar.

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瑞士商会很高兴邀请您参加即将举行的星星网络研讨会系列活动。Markus Herrmann先生是中国宏观集团（CMG）的联合创始人兼董事总经理，也是星星网络研讨会（stars）和苏黎世瑞中商会（SCCC）董事会成员。他将与欧洲联盟驻中华人民共和国大使Jorge Toledo Albiñana先生进行对话。

近年来，欧盟与中国的关系急剧恶化。在欧洲各国首都对中国收敛市场经济、为外国企业提供公平竞争环境的希望未能实现的背景下，欧盟委员会于2019年采取了更加自信的战略态度，将中国同时描述为合作和谈判伙伴、追求技术领导地位的经济竞争对手，以及推广替代治理模式的制度对手。新冠疫情、人权问题，中国在台湾海峡的好战姿态以及北京在乌克兰战争中的立场进一步加剧了双方的关系紧张。在最近的一次讲话中，欧盟委员会主席乌尔苏拉·冯·德莱恩简洁地将中国描述为"在国内越来越压制，在国外越来越自信"。

为了应对布鲁塞尔眼中日益具有修正主义色彩的中国，欧盟誓言加强自身的工业竞争力和韧性，更好地利用现有的贸易工具，开发新的防御性经济工具，并加强与合作伙伴的一致性。简言之，欧盟采取了"降低风险"的策略，同时加强"国际体系本身"的实力。这种战略调整对于实地参与和外交有何意义？跨大西洋关系扮演什么角色？对于《全面投资协定》（CAI）是否还有希望重振？欧盟和中国在未来还可以继续合作的领域有哪些？这对于欧洲企业在中国意味着什么？

温馨提示：所有网络研讨会均遵循查塔姆宫规则，非公开会议，不会被记录。欢迎您参加此次网络研讨会。

With best regards,

Your SwissCham Team