China Direct

CBI makes the case for British Business in China

 

CBI MAKES THE CASE FOR BRITISH BUSINESS IN CHINA

The CBI’s Director-General is visiting China this week on a trade visit with the Prime Minister, the Rt. Hon. Theresa May.

Carolyn Fairbairn, CBI Director-General, said:

“The Sino-British relationship is a tremendous success story. From services to schools, and iPhones to tea, our countries have a special and integral place in each other’s lives.

“British businesses are keen to play their part in further deepening and engraining the economic ties between China and the United Kingdom. With the consumer market alone worth over £3.3 trillion, this relationship creates thousands of jobs in the UK and China, raising living standards and boosting productivity.

“As the UK forges a new global trading future, it is well ahead of the curve in making the most of its relationship with the world’s fastest growing economy. By making inroads into China’s lesser economically known regions, the UK stands to profit from China’s move from manufacturing and infrastructure into technology and services, writing a new chapter in the golden era of relations.”

30 January 2018

Notes to Editors:

Read the CBI’s latest report on British trade and investment with China, Sterling Assets China.

Across the UK, the CBI speaks on behalf of 190,000 businesses of all sizes and sectors. The CBI’s corporate members together employ nearly 7 million people, about one third of private sector-employees. With offices in the UK as well as representation in Brussels, Washington, Beijing and Delhi, the CBI communicates the British business voice around the world.

Media Contact:

CBI Press Office is available 24 hours a day on 0207 395 8239, or email: [email protected]. Follow the CBI (@CBItweets), Carolyn Fairbairn (CBICarolyn) and CBI China (CBIBEIJING) on Twitter.

China Sterling Assets Report - Chinese Version

Dear CBI Members and Partners,

Kindly find the Chinese version of the CBI's first China Sterling Assets Report attached below for your reference.

Many thanks.

Download CBI China Sterling Assets Report_Chinese

Download CBI China Sterling Assets Report

CBI Sterling Assets Report on China Roadshow

 

  

The inaugural Sterling Assets Report has been on a pan-China Roadshow since its launch on Thursday 02 November in Beijing.

The objective of the Roadshow was to circulate the Report's key findings to the diverse and dynamic UK business network in China and encourage policymakers and local officials to use the Report to promote greater UK-China business investment. 

Additionally the Report was received by business stakeholders the CBBC, British Chambers, Department of International Trade (DIT) and a visiting delegation of the All Party Parliamentary China Group in Guangzhou.

China Direct would like to sincerely thank HM Consuls Cecile Elbeleidi in Chongqing, HM Consul Karen Maddocks in Guangzhou, HM Consul John Edwards in Shanghai and HM Consul Nick Whittingham in Wuhan for their support.

 

    

Please note that China Direct will have the Chinese language version of the Report available for review and download by mid-November.

Kindly find the original Report and Executive Summary attached below for your reference.

Download CBI China Sterling Assets Report

Download Sterling Assets China Executive Summary

Thank you. 

  

CBI member BMW opens new Regional Distribution Centre (RDC) in Shenyang

 

On October 18, 2016, CBI member BMW celebrated the grand opening of its newest Regional Distribution Center (RDC) in Shenyang, the fifth in China together with the existing RDCs in Shanghai, Beijing, Chengdu and Foshan, marking the preliminary completion of BMW’s aftersales logistics network and a milestone of its localization in China.

The new RDC Shenyang will create synergy with BMW Plant Tiexi to further respond to the increasing customer demand in the Northeast region and meet the company’s strong business growth. ‘The RDC Shenyang is another major move of BMW Group in its investment in China and long-term commitment to the Northeast region, which also reflects our aftersales strategy in China.

It will provide an efficient logistics support for comprehensively increasing customer satisfaction,’ said Mr. Claus Eberhart, Vice President of Aftersales, BMW Brilliance Automotive Ltd.. ‘The new RDC will reduce the time of order response and parts delivery for the dealers in the Northeast region and ensure the quality of parts, as well as supporting dealers in other regions in China to provide a higher-level of customer experiences.’

Please read more here.

CBI Member Successes in China - Snapshot of Year of the The Horse

 

Dear CBI members and strategic partners,

China Direct would like to share with you a snapshot of CBI members' successes in China through 2014. We hope that you found our new format easy to use, visual and informative and wish you all every success for the forthcoming year of the sheep.

Please do keep sending us your updates and press releases so that your business can also be highlighted in 2015.

Thank you.

Download CBI Beijing, Member Milestones in China, 2014

CBI Monthly Partners Round Up Oct 2014

 

Dear CBI members and strategic partners. Kindly find the October Partners Round Up attached below for your reference.

• Britain becomes first western country to issue sovereign bond in China’s currency
• British and Chinese governments launch biggest ever celebration of U.K.-Shenyang links
• British and Chinese women’s cricket teams take to pitch for match in Shenyang
• CBBC launches ‘China Outbound’ website
• CBBC marks opening of new British Centres around China and celebrates 60^th anniversary
• CBBC publishes practical guide to Shanghai Free Trade Zone for U.K. companies
• E.U. eases Schengen visa procedures for Chinese travellers
• U.K. and Ireland sign historic visa deal
• UKTI South West and CBBC organise delegation for ‘new to China’ companies
• U.K. Visas and Immigration launches ‘Select Business Scheme U.K.’
• Voting re-opened for British Business Awards 2014

Download CBI China Monthly Roundup October 2014

British and Chinese governments celebrate U.K.-Shenyang links

 

The British and Chinese governments officially opened the ‘U.K. in Shenyang Week’, which was a celebration of the best the U.K. has to offer.

The week consisted of a number of events for the public, including an exhibition of award-winning photos, a British music night, and a Brands Festival showcasing some of the U.K.’s finest labels. The week aimed to raise the profile of the U.K.’s unique characteristics in one of China’s fastest-growing and most dynamic cities.

For the business community, a series of industry-specific events focused on particular sectors, such as trade, manufacturing, and scientific innovation, will promote collaboration between the two countries. Urbanisation was a special focus of the week.

Please read more here .

BMW Group announces a strong 2013 for China market

 

CBI member BMW Group recently released its Annual Report 2013. Read more here.

China highlights included:

Last year, China accounted for 20% of total Group sales.

BMW X1 and models of the BMW 3 and 5 Series are built exclusively for the Chinese market at the two plants operated by the joint venture BMW Brilliance in Shenyang.

Production of the BMW 3 Series Sedan began in Shenyang at the beginning of the year under report.

Operations at this plant had only begun in 2012, and, by September 2013, the 100,000th vehicle was rolling off the assembly line.

The BMW 5 Series long-wheelbase Sedan is manufactured at the Dadong plant.

In July, the 100,000th four-cylinder petrol engine made for the Chinese market came off the production line at the engine manufacturing plant in Shenyang.

At the same time, preparations got underway at the site for the construction of a further plant to supply engines for local production.

More than 50 new BMW and MINI dealerships were opened in China last year.

In April 2013, BMW, together with its joint venture partner Brilliance Automotive, announced the launch of an electric vehicle developed specially for China under the brand name ZINORO.

In Shanghai, MINI opened the first Experience Centre for the brand in China.

Solvent emissions were reduced by an impressive 10.7% to 1.59 kg per vehicle produced during the period under report, an achievement primarily due to the retrofitting of the paint shop to include an exhaust air filtering system at the Dadong plant in China.

Revenues grew by 6.2% compared to the previous year due to higher volumes within a sound economic environment.

Please click here to read the full report by BMW Group.

Construction begins on Atkins-designed Shenyang Global Financial Centre

 

CBI member Atkins recently announced that construction had begun on the Atkins-designed Baoneng Shenyang Global Financial Centre in Shenyang.

The development, with total investment estimated at over £1 billion, consists of two towers, which will be 565 metres and 328 metres tall. The 565 metre building, called the Pearl of the North, will become the tallest building in Shenyang.

The towers form the masterplan for an area of 58.5 hectares called the 'Golden Corridor' Youth Street in the central business district. The complex will also contain five luxury residential towers above a large shopping mall.

Construction of the complex is due to be completed in 2018.

KY Cheung, senior architectural design director at Atkins in Asia Pacific, said, "Our client challenged us to design a super-tall building that is iconic, yet simple in structure. In addition to meeting seismic codes and international standards, the project has to be efficient and satisfy a tight construction schedule. It showcases Atkins' expertise in designing super-tall towers, but more importantly it is a landmark project that achieves the client's and stakeholders' expectations."

Click here to read the full press release by Atkins.

 

EUCCC annual European Business position paper launched in China

 

[Image courtesy of www.europeanchamber.com.cn]

Late last week The European Union Chamber of Commerce in China (EUCCC) released its European Business in China Position Paper 2012/2013.

The Position Paper intends to provide an overview of the current conditions in various sectors in China as well as detailed and constructive recommendations.

The 13th edition of the Position Paper was prepared through a six-month consultative process with hundreds of companies and includes 41 separate Working Group and Forum papers and eight city-specific papers covering Beijing, Chengdu, Chongqing, Nanjing, Pearl River Delta, Shanghai, Shenyang, and Tianjin).

Sectors covered include:

     • Aerospace
     • Agriculture, food, and beverages
     • Automotive
     • Auto components
     • Aviation
     • Banking and securities
     • Carbon market
     • Construction
     • Consumer finance and non-banking financial institutions
     • Cosmetics
     • Energy
     • Healthcare equipment
     • Heating
     • Information and communication technology
     • Information security industry
     • Insurance
     • Lighting
     • Logistics
     • Maritime transport
     • Non-ferrous metals
     • Petrochemicals, chemicals, and refining
     • Pharmaceutical
     • Private equity and strategic mergers & acquisitions
     • Rail
     • Renewable energy
     • Smart grid

Please click here to access the Executive Summary of the Position Paper and here for the full publication.