China and Switzerland held the sixth meeting of their China-Switzerland Economic
and Trade Joint Committee watch cooperation working group in Shanghai on June
10. The Swiss delegation included the State Secretariat for Economic Affairs,
the Federation of the Swiss Watch Industry and representatives from the Swiss
embassy and consulate; the Chinese delegation included the Ministry of Industry
and Information Technology, MOFCOM, the China Horologe Association, provincial
and city watch industry associations and domestic watch firms. Delegates
discussed watch-sector economic and technical cooperation within
China-Switzerland FTA upgrade negotiations, agreed to upgrade the MOU
establishing the working group, and committing to joint workforce training,
leveraging trade fairs to boost exchanges, strengthening IP protection and
improving maintenance services for customized watches. Both sides agreed
follow-up implementation tasks and to continue using the working group to deepen
bilateral watch-industry cooperation.
