Viewing posts categorised under: Legal / Tax / Consulting / Services

DKSH Wins Ringier Technology Innovation Award 2020 in the Food and Beverage Category

by swisschambei in Legal / Tax / Consulting / Services

DKSH Business Unit Performance Materials has won the “Ringier Technology Innovation Award 2020 – Food & Beverage Industry (Category: Food & Beverage Ingredients – Functional)” by Ringier, Switzerland’s largest internationally operating Swiss media company. The award was presented to DKSH for the innovative product Cluster Dextrin®, produced by Glico, DKSH’s valued business partner. DKSH provides Market Expansion Services to Glico Nutrition and exclusively distributes its products to the food and beverage industry in China. Cluster Dextrin® is a functional carbohydrate that provides quick and sustainable energy to significantly enhance performance during exercise and sports. It is made from non-GMO waxy corn starch utilizing Glico’s original enzyme technique. Cluster Dextrin® is highly uniform in its molecular structure, highly water-soluble and the solution allows a quick supply through the stomach into the intestine. Compared to traditional carbohydrate sources like glucose and dextrose, Cluster Dextrin® is clinically proven to enhance stamina, reduce intestinal discomfort and fatigue as well as suppress inflammatory stress.

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Survey Result: 2020 Swiss Business in China

by swisschambei in Legal / Tax / Consulting / Services

Our previous analysis of Swiss Businesses in China published in the 2019-summer edition of the Bridge was titled “Economic Slowdown becomes top concern”. The current survey was completed days before the Wuhan lockdown and the main concern was a further intensified “Economy Slowdown in China” with 69% of Swiss firms listing it as a challenge against only 51% in the 2019 survey. Finding and attracting talent remains the top internal challenge. With slower growth, however, the intensity of the challenge is diminishing while innovation and marketing become key competitive advantages to build up for success. Building these advantages is certainly more and more important as competition and rising costs remain the other key external challenges that businesses face in the Chinese environment. To sell, Swiss firms differentiate themselves very clearly from their Chinese competitors through “High Quality” and “Developing a Strong Brand”. They also woke up to the critical importance of R&D and market research, two elements where they are this year on a par with Chinese respondents. Chinese firms, traditionally weaker at branding and innovating, compete and differentiate by putting emphasis on service, distribution and providing cost effective goods and services (price/quality ratio). Overall and despite the geopolitical rivalry, trade war and increased top down management of the Chinese society, the Swiss have been confident about their business prospects for 2020 and in the 5 years to come. Their confidence level is as high as it has been in the last 5 years.

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China Remains the Most Attractive Market for Swiss Exporters

by swisschambei in Legal / Tax / Consulting / Services

The Asian country is once again the top export market this year, as the ranking by Switzerland Global Enterprise in cooperation with the KOF Swiss Economic Institute at the ETH Zurich shows. Joining China on the winners’ podium are the USA and Germany, who retain second and third place respectively. Alberto Silini, Head of Consultancy at Switzerland Global Enterprise, maintains: “These three countries are already among the most important target countries for Swiss exporters. The ranking of the top export markets in 2019 underscores their attractiveness and great potential for Swiss companies.” Nevertheless, he advises not rushing into these countries and preparing thoroughly: “It is essential to carry out a rigorous market and competition analysis, and also to familiarize oneself with cultural particularities. This is obvious in culturally distant countries such as China – in the USA or Europe, on the other hand, this challenge is often underestimated. We support Swiss and Liechtenstein SMEs in this process and help them to successfully master and expand their market entry throughout the world.”

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Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Swiss Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

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