Government officials joining Mr Li during the meeting were Qi
Tian, Deputy-Director-General of the Information Department of the Ministry of
Foreign Affairs, Yesui Zhang, Executive Vice-Minister of Foreign Affairs, Shan
Zhong, China International Trade Representative (ministerial level) and
Vice-Minister of Commerce Yi Zheng.
The high-level meeting, which took place in Ziguangge, Zhongnanhai,
focused on ICC’s work to promote multilateral trade and investment. World
business leaders praised Mr Li for China’s new pathway to economic reform and
encouraged greater focus on trade and investment initiatives, including working
to implement the World Trade Organization (WTO) Trade Facilitation Agreement,
protecting intellectual property, lowering barriers to trade and investment,
and fighting corruption.
“China is a vital economy and a key player in helping design global
economic governance and reform in key forums such as the G20,” said Mr McGraw.
“One important step now for China to pave the way for greater market opening
that creates more opportunity and higher growth throughout the world, is to
demonstrate strong support for implementing the WTO agreement reached last year
The meeting also served to raise awareness of ICC’s essential products
and services that can support Chinese companies expanding to international
markets and meet the challenges and opportunities of an increasing integrated
global economy. These include ICC’s world renowned commercial dispute
resolution services, practical trainings, and voluntary rules, guidelines, and
codes that facilitate cross-border transactions and help spread best practice
among companies. During discussions, the ICC delegation underscored objectives
to increase the use of ICC’s international rules and procedures by Chinese
companies to resolve business disputes that arise when doing business across
borders. They also highlighted ICC’s practical suite of corporate governance
and anti-corruption tools as well as tools to help businesses understand the
importance of the intellectual property (IP) system and IP rights management.
The delegation also drew attention to the first official Mandarin translation
of the Consolidated ICC Code of Advertising and Marketing Communications
Practice (ICC Code), launched in Beijing just a few days before the meeting
during the 43rd IAA World Congress.
Messieurs McGraw and Carrier briefed Mr Li on the value of ICC as a
key player to help Chinese companies operate internationally through close ties
with ICC representatives and partners in the country.
Ahead of the meeting with Mr Li, ICC leaders participated in the
2014 ICC Asia-Pacific CEO Forum in Kunshan to explore ways in which the
Asia-Pacific region can help stimulate the global economy as it rebounds from
crisis and garner the views of business leaders in the region. Combining
interactive panel discussions and networking opportunities for some 300 business
leaders from around the world, the Forum took place during the third China
Import Expo, and this year served as the ICC World Business Leaders Conference.
“The Forum and the Expo are excellent examples of the vibrancy of
business in China and the Asia-Pacific region and demonstrate the role it plays
in shaping the world economy,” Mr Carrier said.
Forum participants also joined an ICC G20 policy consultation,
contributing business views from the region into ICC’s business recommendations
to G20 leaders.
ICC events and meetings in China this week are in line with objectives
of the organization to establish a greater presence in this important region
and secure more participation in ICC’s work programme from businesses in Asia.