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.

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. 

  

CBBC’s China roadshow for its One Belt, One Road report and plans for 2016

 

The China-Britain Business Council’s (CBBC) recent One Belt, One Road report with the U.K. Foreign and Commonwealth Office (FCO) concluded that British businesses have a very real part to play in China’s initiative.

The CBBC’s recent series of events in Beijing, Shanghai, Chongqing, Chengdu, and Guangzhou built upon the report, with the aim of helping U.K. companies understand why the initiative is one of CBBC’s and UKTI’s key priorities for 2016 and beyond.

The roadshow was complemented by a similar series in London, Coventry, Glasgow, and Manchester, and the CBBC is now setting down extensive plans to help more British businesses get involved in the year ahead.

A follow-up report on the initiative will be published in 2016, and a second series of roadshows organised to update members around the U.K. and China. One Belt, One Road will be a central theme of the CBBC’s 4^th annual China Business Conference on 22 March 2016 in London.

Please read more here.

UK Business Delegation attends 5th Eurasia Expo in Xinjiang

 

 

A selection of UK businesses, CBI, The China Britain Business Council, UK Trade and Investment (UKTI), The British Chamber (Beijing Chapter) and UK Embassy representatives this week attended the 5th Eurasia Expo in Urumqi, Xinjiang Province.

In addition to meetings with senior local officials - including a private session with Shohrat Zakir, Governor of Xinjiang Uyghur Autonomous Region (XUAR) - the delegation participated at the launch of the Great British Brands Festival (GBBF) at the British pavilion at the EXPO site. The GBBF is the fifth to be held in China in 2015 and the first to take place in Xinjiang. 

More than 23 British brands were on display at the GBBF ranging from innovative British company OHYO (www.ohyo.me) (a London based manufacturer of collapsible water bottles) to the iconic AGA cooker kitchenware brand.

 

CBI member companies attending the delegation included Intercontinental Hotel Group (IHG), Unilever, Atkins, PwC and DLA Piper.

The Chinese Government's "One Belt One Road" strategy, promulgated in 2013, seeks to revitalize the ancient silk road and develop trade ties with Central Asia and NW China. There are corresponding opportunities for UK companies to provide their expertise in urban planning, design, logistics, oil and gas, low carbon, renewable energy, retail and professional services to Urumqi and the region.

 

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

Atkins designs cloud computing park in Karamay City, Xinjiang

 

CBI member Atkins recently announced that construction will begin this week on the Atkins-designed Cloud Computing Industry Park in Karamay, Xinjiang.

(Source: Atkins. Bird's eye view of Karamay's Cloud Computing Industry Park)

The eco-friendly park, which will cover nearly 50,000 square metres, will become home to a number of software companies and has been designed to encourage a creative culture, incorporating shared facilities and social spaces. Modular buildings, which are partly pre-fabricated off site, will link together and minimise exposure to the extreme range of temperatures typical in the region.

Atkins' modular and cost-effective design, which was developed with the aid of BIM (building information management), was designed according to the 'China Three-Star' green building system, a first for Karamay.

The first phase of construction is scheduled to be completed in 2015.

Steven Smit, Atkins' architecture design director in Shanghai, said, "Our challenge was to design collaborative contemporary spaces to help attract a new growth industry to the region. The innovative 'binary' masterplan approach enables our client to grow the park in further stages within a flexible modular system. The project highlights Atkins' leadership as a multidisciplinary consultant, able to pull in skills from architecture, landscape design, and sustainability teams."

Please click here to read the full press release by Atkins.

Rolls-Royce wins US$28 million China energy infrastructure contract

 

 

 

CBI member Rolls-Royce recently announced a US$28 million contract to supply PetroChina with equipment and services to expand the flow of natural gas through the Lunnan-Tulufan branch of the second West to East Pipeline Project (WEPP II).

The Lunnan-Tulufan pipeline branch transports 17 billion cubic metres of gas per year and connects Lines I and II of WEPP that links China's western Xinjiang region to Fujian province in the southeast. In total, WEPP transports up to 47 billion cubic metres of gas per year.

Rolls-Royce will supply PetroChina with an additional two RB211 gas turbine driven pipeline compressor units, bringing the total number of RB211 units sold for installation on China and Central Asia's vast natural gas pipeline network to 70.

Rolls-Royce, which has provided equipment to WEPP since 2004, will manufacture and package the equipment at its energy facilities in Montreal and Mount Vernon in Ohio.

Andrew Heath, Rolls-Royce, President, Energy, said, "Rolls-Royce continues to expand its presence in China, providing vital equipment to help spur economic growth in China's fast-developing cities and support the drive towards cleaner, greener energy consumption."

Patrick Horgan, Rolls-Royce Regional Director, Northeast Asia, said, "2013 marks the 50th anniversary of Rolls-Royce in China. We look forward to expanding our China presence in the years ahead, strengthening customer and supplier relationships across the civil aerospace, marine, energy, and civil nuclear markets that we serve. I am particularly pleased to conclude this anniversary year with another contract from PetroChina, one of our long-term customers in the country."

Please click here to read the full press release by Rolls-Royce.

Rio announces strong production results for Q3 2013

 

 

CBI member Rio Tinto recently released its results for the third quarter of 2013, reporting strong production results.

Rio Tinto reported that production at Oyu Tolgoi continued to rampu up, and is now consistently producing at design capacity. Shipments of copper concentrate to China commenced on 09 July. Oyu Tolgoi's customers are making good progress with Chinese customs officials to obtain the necessary approvals to allow collection of purchased concentrate from the bonded warehouse.

Rio Tinto also reported that CRTX, the Chinalco Rio Tinto Exploration Joint Venture, signed a cooperation agreement in Xinjiang for copper exploration on the Kalaxianger No. 1 Project.

Please click here to read the full results for Rio Tinto.

China's 3rd Eurasia Expo ito be held in Urumqi, Xinjiang, from 02-07 September

 

The China-Britain Business Council (CBBC) is inviting members for a group visit to Urumqi in Xinjiang to explore business opportunities in a range of sectors during the Third China-Eurasia Expo.

Participating members will meet government leaders, a range of regional stakeholders, and potential Chinese partners to learn about opportunities in this fast growing region as well as attend the numerous forums organised during the China-Eurasia Expo.

The visit will take place from 02-07 September this year. Companies engaged in tourism, logistics, new energy, petrochemicals, machinery, and agriculture should consider joining.

Please click here to read the full details or contact the CBI's Beijing office for additional information.

CBI member Bentley opens new dealership in Urumqi city, Xinjiang.

 

 

CBI member Bentley Motors recently celebrated the opening of its new dealership in Urumqi, the latest in the U.K. luxury automaker's recent dealership network expansion effort in Greater China.

Between March and June this year, Bentley has opened a total of 12 new dealers across Greater China, bringing its overall number of dealers to 38.

Till Scheer, Managing Director of Bentley Motors in Greater China, said, "Since our entry into the Greater China market over a decade ago, Bentley has enjoyed an impressive 40-folds sales growth in the region, meanwhile becoming a leading brand in the super luxury segment.

Many of our customers are successful entrepreneurs and businessmen who run their own businesses, and most of them enjoy successful careers, high-end lifestyles as well as refined tastes.

Along with the introduction of our newest sporty two-door models, we are thrilled to see more and more young and female customers turning to our brand, and the newly expanded network will therefore serve to meet the needs of our growing customer base."

Please click here to read the full press release by Bentley.