BEIJING, Oct. 22, 2014 /PRNewswire/ -- Over 60 UK investment opportunities were unveiled today at The China Outbound Conference 2014 in Beijing, organised by the China-Britain Business Council (CBBC). Chinese investors at the conference learned about concrete opportunities in the UK and met potential British partners in a variety of sectors. Industry leaders and Chinese investors in the UK shared their first-hand experience of how Chinese companies could invest in overseas ventures and how to navigate the UK market.
Speakers from Wanda, CITIC Investment Bank, Sanpower, Greenland and China South Locomotive & Rolling Stock Corp were at the conference to explain how they have achieved success in the UK and what they have learned from their ventures there.
David Yin, Vice-President of Shenzhen Mindray Bio-Medical Electronics Co., Ltd., explained, "The UK has strong expertise in research and development, as well as sophisticated financing channels, and offers plenty of support, which make it a powerful springboard for Chinese companies entering global markets." He reminded Chinese investors: "Overseas and domestic markets are two very different things. You must do your homework and understand the local environment, laws and culture, adapting your operations to the conditions there."
The conference was opened by Lord Sassoon, chairman of CBBC. Keynote speakers included HM Ambassador Sir Sebastian Wood and senior representatives of the Ministry of Commerce, GNet Group and the Bank of China. Expert panellists explored the drivers behind the growing tide of Chinese investment in the UK and how companies from the two countries could combine their powerful strengths in the UK, China and in third markets around the world.
"The China Outbound Conference 2014 was a unique opportunity to present high-quality UK investment opportunities to Chinese investors," said Stephen Phillips, chief executive of the China-Britain Business Council. "UK Trade & Investment, London & Partners, UK Invest, Scottish Development International and the Welsh Government, amongst others, were all here today to showcase opportunities offering investors exciting prospects to explore the UK and third markets."
British and Chinese industry leaders from three key sectors - advanced technology; retail; and regeneration, property and infrastructure - spoke about sector-specific opportunities and support to help Chinese investors going global.
It was revealed on one panel that the UK has infrastructure projects worth at least 350 billion pounds for which investment is sought. Public-private partnerships (PPP) were also examined, through which the powerful combination of Britain's expertise in financing and China's experience of delivering large-scale construction projects could offer win-win opportunities for collaboration.
The investment opportunities drew keen interest from Chinese companies. CBBC also announced the launch of its new Chinese-language 'China Outbound' website - www.chinaoutbound.org - which is designed to give Chinese investors a more in-depth understanding of investment opportunities and a wealth of practical information.
British Chamber of Commerce in China / China-Britain Business Council
The British Chamber of Commerce in China and the China-Britain Business Council work as a single operation. The two organisations formed a strategic partnership offering reciprocal membership in 2009, and were joined in 2014 by the British Chamber of Commerce in South-West China. Together they operate a total of 13 offices in China and 10 in the UK.
The China-Britain Business Council is the leading organisation helping UK companies grow and develop their business with China. It helps companies of all sizes and sectors, whether new entrants or established operations. CBBC has worked with China for 60 years and its team has extensive experience of doing business there. CBBC offers practical in-market assistance, services, industry initiatives and a membership programme delivering access, seminars and networking. www.cbbc.org
The British Chamber of Commerce in China is a membership organisation for British business focused on boosting UK-China trade and investment. It operates as an independent, not-for-profit organisation with a strong and diverse membership. With over two decades' worth of business experience in China, the Chamber provides intelligence, advice, and networking opportunities for its members, helping their business grow in one of the world's fastest-growing markets. www.britishchamber.cn
Media Contacts
Lisa Li
T: +86 (0) 10 8525 1111 ext. 363
M: +86 (0) 135 110 59851
E: lisa.li@cbbc.org.cn
David Martin
T: +44 (0) 207 802 2015
M: +44 (0)7960 125 980
E: david.martin@cbbc.org
Photo - http://photos.prnasia.com/prnh/20141022/0861407655-a
Photo - http://photos.prnasia.com/prnh/20141022/0861407655-b
