28 March 2008
Chinese Minister visits England’s Northwest
The Northwest Regional Development Agency (NWDA) and regional
partners this week hosted a visit from Jiang Fan, Minister
Counsellor, Economic and Commercial Office, Embassy of People’s
Republic of China, to promote stronger investment links with
China.
The Minister visited a number of key companies and projects in
the region to raise awareness of inward investment and trade
opportunities in the Northwest and explore the potential for
exploiting closer links with China. The tour included mediacity:uk,
where the Agency and Peel Holdings highlighted the progress that
has been made on the development to create a world class media city
at Salford Quays.
Wigan Council then presented on plans for a £125 million textile
manufacturing hub in Wigan which will create the largest clothing
and textile industry centre in Europe. The project, which will be
home to a large number of Chinese companies trading with the UK and
Europe, is expected to create at least 1,000 jobs and a further
3,000 in spin off industries.
Mark Hughes, Executive Director of Enterprise and Skills at the
NWDA, said:
“China is a key market for the Northwest. The region secured 17
investments from Chinese companies during 2006/07 and exported over
£360 million worth of goods to China in 2006, and the NWDA is
working with our partners to capitalise on this and create new
trade and investment opportunities with this important market.
This visit provided a valuable opportunity to showcase the
Northwest as a world-class business location, and to identify
opportunities to strengthen the Chinese presence within the
region.”
As part of the tour, the Minister also visited one of the
region’s key strategic investors, Astra Zeneca, as well as meeting
with UKTI Northwest and the China Britain Business Council to
discuss trade links with China. MIDAS, Manchester’s inward
investment agency, also presented on the strengths of the
Manchester city region and the dedicated support available to
Chinese companies.
The tour also included a visit to the European Capital of
Culture, Liverpool, organised by Chinalink, which involved a
roundtable discussion with representatives from Liverpool Chamber
of Commerce, Liverpool City Council, Wirral Borough Council, The
Mersey Partnership, Liverpool Vision, the Port of Liverpool, Peel
Development and Susino (UK) Ltd, discussing various on-going and
future projects to promote two way trade and investment with
China.
Minister Jiang Fan, said:
“I was delighted to have the opportunity to visit the Northwest
to explore ways of developing stronger ties between the region and
China. Building closer trade and investment links with the
region is something I am keen to develop further and this visit
provided a lot of constructive debate on how we can work together
to take this forward.”
The Northwest has strong cultural links with China, with Manchester
home to one of the largest Chinese populations outside London and
Liverpool home to the oldest Chinese community in Europe. It is a
key overseas market for the region and the NWDA is working with
partners to strengthen its links with the country.
As well employing a dedicated China Country Manager to promote
the region to the Chinese market, the NWDA supports Sinoventures, a
project based at Manchester Science Park which aims to attract
small and high tech start up companies from China by providing a
tailored package of business development and relocation assistance
and high quality serviced office accommodation. It is one of only
two business incubators in the UK recognised by the Chinese
Ministry of Science and Technology.
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For further information please contact Sarah Moston, Press
Officer on 01925 400552 or 07810 528571 or sarah.moston@nwda.co.uk
For urgent out of hours press enquiries please call 01925
400259.
For further information and to view previous press releases
visit us at www.nwda.co.uk
The Northwest Regional Development Agency (NWDA) leads the
economic development and regeneration of England's Northwest and is
responsible for:
• Supporting business growth and encouraging
investment
• Matching skills provision to employer needs
• Creating the conditions for economic growth
• Connecting the region through effective transport and
communication infrastructure
• Promoting the region’s outstanding quality of life