Please note: The 'Government stakeholder' ticket must only be booked by Government officials only.
The UK-China Tech Forum is open to techUK members and Government stakeholders with an active interest in UK-China trade and investment policy/issues.
Background
Co-organised by the China-Britain Business Council and techUK, the UK-China Tech Forum is a platform to encourage technology companies to engage with key stakeholders in Government and business across a range of public policy and practical business areas.
The forum allows members and stakeholders to understand better developments and changes within policy, market, investment, and industrial landscapes in China and the UK.
Importance
The UK is a major technology exporter and Europe’s largest destination for tech sector investment. China is an increasingly important tech innovator and adopter, with digital innovation expected to account for 10% of total GDP by 2025[1].
Despite the tricky geopolitical backdrop, there are still growing areas for trade and investment between the two countries, but also an increasingly complex array of political, regulatory and market access challenges to consider when engaging with China.
Focus
November’s session will focus on the sectors critical to both counties’ key tech players;
• Environment – Following China’s 2021-2025 ‘Green technology innovation system’ investment programme, its Environment-Tech space has seen significant growth – with its business leaders seeking innovative solutions to support China’s road to becoming ‘carbon neutral’ by 2060.
• EdTech – Due to both educational-social changes from Covid-19, and China’s booming population – China’s Education-Tech (or, ‘EdTech’) sector continues to seek economies of scale investment within software and hardware infrastructure, including SMART Whiteboards, and AI-generated online learning courses.
• Entertainment – China’s entertainment and media industry is set to reach around $479.9 billion by 2027[2], with generative AI solutions supporting the rapid and innovate development of games, shows and films.
• eCommerce – With 710 million digital buyers, and transactions reaching $2.29 trillion in 2020, forecasting $3.56 trillion by 2024 – China obtains the largest eCommerce sector globally[3].
• Consumer Electronics – China’s consumer tech is valued at around $270.94 billion, increasing 2.96% annually, impacting markets across the international tech ecosystem[4].
• Electric Vehicles – 2022 saw China’s exports of Electric Vehicles increase by 131.8%, or 680,000 units – cooperating with academic and industry leaders globally.
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Please contact the team below for questions regarding this session.
[1] Reference 1https://english.www.gov.cn/policies/policywatch/202201/20/content_WS61e8a11bc6d09c94e48a3f04.html#:~:text=By%202025%2C%20the%20added%20value,from%207.8%20percent%20in%202020.