EAC as Speaker at the „International Technology Import and Export Fair (CSITF)“ in Shanghai
CSITF is a national and international professional trade event specializing in technical trade, supported by the United Nations Industrial Development Organization (UNIDO), the United Nations Development Programme (UNDP) and the World Intellectual Property Organization (WIPO).
In her speech, Mrs. Wei first shared the main contents of CBAM and then focused on the potential impact of it on global and Chinese exporters:
The EU is China's second largest trading partner. In the short term, CBAM has only limited impact on China's exports, but in the long term, it will have a deep effect on the whole supply chain, of the products covered by CBAM.
What are the strategic implications for Chinese exporters? Meeting compliance requirements is just the beginning. It becomes important for exporters to continuously improve their ability to manage the "carbon barriers" in overseas markets.
Therefore, Chinese exporters need to do more to increase their sustainability and ESG capabilities to meet international requirements and future trends.
For more information contact Addie Wei directly.