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Beijing's "China Standards 2035" initiative has caused experts to turn heads. The project shows that China has discovered standardization as an industrial, geopolitical and power-political instrument. The EU Chamber of Commerce in China will present a report on standardization in the People's Republic on Thursday. Germany and the EU still have some catching up to do, especially in key technologies, says Sibylle Gabler, Director Government Relations at the German Institute for Standardization (DIN). Speaking to Amelie Richter, however, she gives the all-clear: China is still a long shot from reaching superiority. But there is still a lot of work to be done.
By Amelie Richter
The Regional Comprehensive Economic Partnership (RCEP), the largest trade agreement in the world, enters into force in January 2022. RCEP is part of China’s larger push to regionalize trade, secure supply chains in its neighborhood, and thereby reduce its vulnerability to supply disruptions caused by geopolitical tensions. RCEP also aims to open new markets for Chinese companies in the region. Establishing a level playing field and higher environment and labor standards are not RCEP’s top priority: in these areas it lags behind China’s existing trade agreements with developed economies.
By Redaktion Table
The Arabian Peninsula offers companies great potential for new business relationships. But while Europeans only make money selectively, Chinese companies invest across the board in all sectors of the local economy. They provide their own information technology – and with it, the surveillance state and their own standards.
By Marcel Grzanna