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    Wenzhou Economic And Trade Delegation To Invest In UK

    2014/11/27 11:27:00 20

    WenzhouUKInvestment Promotion

    Here world Clothing and shoes Xiaobian of the network is to introduce the introduction of investment promotion in Wenzhou.

    The Wenzhou business delegation held a theme of "investing in Wenzhou, cooperation and win-win" in London last Thursday, the city commerce bureau said yesterday. Attract investment This is the first time that Wenzhou has held investment promotion activities in the UK alone. At the promotion conference, Wenzhou's famous clothing enterprise "George White" formally joined hands with the British top handmade suit company "Chester Barre". At the same time, more than 30 British companies invited to participate in the promotion conference showed a lot of willingness to invest in Wenzhou after the introduction.

      After the meeting, the Municipal Bureau of Commerce received information from British enterprises.

    Business dealings between Wenzhou and Britain have existed for a long time. More than 100 years ago, Wenzhou was one of China's great trading ports to Britain. City Commerce Bureau official said that the introduction of investment promotion in Wenzhou was due to the strong advantages of the UK's education, finance and service industries in the world, and complementarity with Wenzhou. Britain is Wenzhou's second largest trading market in the European Union. Up to now, 21 enterprises from the United Kingdom have invested and developed in Wenzhou, with a total investment of nearly US $300 million.

    The UK China trade association invited more than 30 British companies to participate in the investment promotion conference. Among them, there were many famous multinational companies such as DDT accounting firm, KPMG accounting office and British water group. City Commercial Bureau related personage said, in addition to those multinational companies to know about Wenzhou, other participating in the promotion of British enterprises do not understand Wenzhou, so Wenzhou at the meeting to the British enterprises listed the reform and innovation, private economy and other 10 advantages. Chet Wood architects and other British companies sent emails to the city commerce bureau for further enquiries.

    George White officially takes the lead in Britain's top hand suit company.

    At the promotion conference, the old British handmade suit company "Chester Barre", which has signed strategic cooperation agreement with Wenzhou's famous garment enterprises, has signed a formal cooperation agreement with "George White". The "costumes" sold in the mainland of China can be used exclusively by the company's "Chester Barrie" and "Chester Barrie Savile Row". At the same time, the other party will also provide training for "George White" in terms of sales, volume, technology and quality control. It is reported that "George White" will seize the rapidly growing market of advanced customization through this cooperation.

    The city commercial bureau also signed a memorandum of strategic cooperation with the Sino British trade association to strengthen information exchange and sharing between the two sides and form a liaison and cooperation mechanism so that British companies can understand Wenzhou better. It is reported that Wenzhou intends to introduce capital, technology and ideas in the UK's educational, financial and service sectors, so that the corresponding industries in Wenzhou can gain innovation power and promote economic transformation.

    City Commerce Bureau data show that in 2009, Wenzhou The total trade volume between the city and the United Kingdom was 330 million US dollars; last year it increased to US $790 million, with an average annual growth rate of 35.9%. This year 1~9 month growth is up to 45.9%, showing a strong growth momentum.

    The Municipal Economic and trade delegation also inspected the Spanish group of pork producers Baucells group, and Wenzhou has plans to import the company's pork products. Baucells group was founded in 1958, with an annual output of 60 thousand tons of pork products, with an annual sales volume of 100 million euros.

     

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