Long reads etc

Lord Wei speaks on House of Lords reduction

Lord Wei spoke in a debate on Tuesday 6th January on the topic of a reduction in representatives of the House of Lords. He observed that in his experience, the primary function of the House is that of a revising Chamber—a place in which to amend and suggest improvements to laws produced by elected representatives in the House of Commons, whose primacy over the House of Lords is enshrined in conventions. He felt the House functioned, in modern terms, as a kind of human Wikipedia for the laws of this country, suggesting changes and improvements to legislation that may, for whatever reason, have been created ...

China-Britain Business Council addresses APPG East Asia Business event

Lord Wei, in his capacity as Chair of the APPG for East Asian Business, hosted a reception in Parliament focused on China business opportunities on Deecember 8th. The reception was addressed by The China Britain Business Council’s CEO, Stephen Phillips. He stressed that China should not be seen as one market. There are growing opportunities at the granular level of individual cities and sectors. There is also a growing sophistication in the Chinese market. The UK now receives the largest amount of Chinese investment in Europe and the fourth largest in the world. The UK is attractive both as a destination in itself and as ...

Lord Wei addresses House on Soft Power and Conflict Prevention

Lord Wei spoke in a debate on Friday 5th December on the topic of Soft Power and Conflict Resolution. In summary, he reflected on the place of trade as a means of influence. Soft power is often thought of in terms of non-profit, diplomatic and associational activity. However, commercial and cultural initiatives have criss-crossed the world over the centuries and have enabled countries and cultures to communicate and connect across language and other barriers. For example, the European initiatives emanating from the courts of kings and nobles in France, Italy and beyond, find their expression still today in the luxury wares and fashions that ...

Leeds – East Asia Business Investment Summit

Lord Wei, in his role as Chair of the All Party Parliamentary Group for East Asian Business, helped lead a Leeds – East Asian Business Investors Summit on December 1st in Parliament. The event heard from Liam Byrne MP, co-vice chairman of the APPG, Hilary Benn MP for Leeds Central, Fabian Hamilton MP for Leeds North East, Rachel Reeves MP for Leeds West, Eric Hawthorn, LEP Board Member and Managing Director, Radio Design Ltd, Kersten England, Chief Executive, City of York Council, Lurene Joseph, Chief Executive, Leeds and Partners and Carol Yan, General Manager, Power Link Machine (UK) Co., Ltd, an inward investment by a Chinese company ...

Manchester – East Asia Business Investment Summit

In his role as Chair of the All Party Parliamentary Group for East Asian Business, Lord Wei helped lead a Manchester – East Asian Business Investors Summit on November 17th in Parliament. The event heard from Liam Byrne MP, co-vice chairman of the APPG, Lucy Powell MP for Manchester Central, Mike Kane MP for Wythenshawe and Sale East, Mike Emmerich, Chief Economic Adviser to Greater Manchester Combined Authority, Tim Newns, Chief Executive MIDAS, Clive Memmott, Chief Executive, Greater Manchester Chamber of Commerce, Lau Yew Cheong, Executive Director, Beijing Construction Engineering Group (BCEG) and Hazel Blears MP Salford and Eccles The event was held to encourage further direct ...

Technological progress has meant jobs have been adjusting over the past 50 years – and things are about to accelerate

Followers of my tweets might notice that I’m a great fan of new technologies and what benefits they can bring to society. For several years, we’ve been entering a new phase of applied technology brought about by various strands converging e.g. GPS, mapping, internet and sensors help create the basis for driverless cars. What does this mean for future jobs? A 2013 paper¹ by Carl Frey and Michael Osborne, of the University of Oxford, argues that jobs are at high risk of being automated in 47% of the occupational categories into which work is customarily sorted. That includes accountancy, legal ...

Birmingham – East Asian Business Investors Summit

In his role as Chair of the All Party Parliamentary Group for East Asian Business, Lord Wei helped lead a Birmingham - East Asian Business Investors Summit on October 28th in  Parliament. About 60 people, including investors from the Far East, attended. The event heard from Liam Byrne MP, co-vice chairman of the APPG, Sir David Eastwood, vice-chancellor of Birmingham University, Marketing Birmingham chief executive Neil Rami, Tim Pile, president of the Birmingham Chamber of Commerce and James Hunter Johnston, marketing manager of NVC Lighting, an inward investment by a Chinese company located in Birmingham. Representatives from the Chinese Embassy, the China-Britain ...

Lord Wei leads APPG event on London/China financial co-operation

The All-Party Parliamentary Group (APPG) for East Asia Business organised a event on the 22nd October 2014 to promote discussion on how London provides Chinese investors with business and investment opportunities. Members of the House of Lords and the House of Commons and CEO of the London Chamber of Commerce Colin Stanbridge, Dr. Gerard Lyons, chief economic adviser to the Mayor of London, Mayor of Newham Robin Wales attended. Lord Wei said the meeting aimed to promote Sino-British trade exchanges and this event focussed on opportunities in London. Speakers pointed out that London is a key financial and business centre both ...

Lord Wei attends Cathay Pacific China Business Awards 2014

The winners of Cathay Pacific China Business Awards 2014 are three British companies that have built strong and sustainable businesses in China and Hong Kong. The awards which were made in association with HSBC, were given to UK-based firms Haskoll, Sondrel and Arup. The Continued Commitment prize, for companies that have demonstrated long-term and large-scale investment in China, was awarded to the architecture and design firm Haskoll. Haskoll China has worked on projects in more than 42 cities reflecting China’s recent unparalleled urban development in speed and scale. The Rising Star Award, for businesses that have set up in the China ...

Investment in Cities – 100 million more people moving to China’s cities by 2020

On Sunday 16th March 2014, China released a plan that recognises, prepares for and helps manage the flow of rural residents into cities. The Government foresees one of the largest migrations in history - 100 million more people moving to China’s cities by 2020. They therefore anticipate having to provide extensive basic services as well roads, railways, hospitals, schools and housing. Every city that exceeds 200,000 in population is to be linked by rail and expressways, while every city exceeding 500,000 is to have high-speed rail service. The ambitious, 30 chapter plan covers topics that include Internet access, building standards, ...