Event Type Outward Mission
Event Date 10/01/2009 - 20/01/2009
Registration Cut-Off Date 24/10/2008
Background
China has sustained explosive economic expansion - from 1979 to 2007, the economy grew at an average annual rate of 9.6%. This unrelenting growth will continue to create personal wealth, fuel economic development, and attract multinationals, which in turn will lead to greater demand for financial services. During the period between 2004 and 2010 China is expected to generate c.$130bn - more than one quarter of the increase in annual global banking revenues.*
There is increasing demand amongst ambitious UK fi nancial services companies, accountancy and law fi rms to access the second tier Chinese markets beyond Beijing and Shanghai. Thirteen of China’s second-tier cities account for 8% of China’s population but 53% of its total imports – which is why the
untapped markets of China’s second-tier cities provide some of the most exciting and lucrative opportunities for UK exporters.
Join UK Trade & Investment and high growth, mid-sized London fi nancial, accountancy and legal services companies on a market visit to these important cities, where you will have the opportunity to make valuable contacts, form new partnerships and witness the opportunities for yourself. We will also visit
Shanghai to allow delegates to experience larger market opportunities and there will be an optional visit to Hong Kong at the beginning of the trip.
Who should participate?
This visit has been designed for Financial and Legal Services sector businesses who wish to learn more about opportunities, and how to exploit them, in Hong Kong, Shanghai and the second tier cities of Shenzhen and Hangzhou.
Programme
• A pre-visit briefing meeting in London
• In market briefings by the China Britain Business Council
• Networking opportunities with local Chinese companies
• Presentations from local government regulators and local arbitration associations at lunches and receptions
• Visits to and presentations from local government regulators, arbitration associations, stock exchanges, banks, law and accountancy firms, bar associations and other relevant institutions
• An optional leg in Hong Kong, including a reception to mark the opening of the legal year, attended by the President of the Law Society of England and Wales
• A bespoke programme of visits for law firms, to include an ADR seminar, will be organised by the International Division of The Law Society, who will be accompanying the visit
• Free time to arrange your own programme of calls using OMIS (UK Trade & Investment (UKTI) research)
Find out more
Contact Elizabeth Fehnrich on 020 7234 3015 or email chinafsmission@uktilondon.org.uk.
Cost
• Return flights and hotel on a bed and breakfast basis: £1793.00. Please note this price is based on current flight prices which may increase. We recommend you book as soon as possible to guarantee the price quoted.
• Participation fee: £290 (towards receptions and in-market travel costs)
• Optional further meetings, additional contacts, market research and other assistance from the British Embassy’s Trade & Investment team are also available under the Overseas Market Introduction Service. Prices start at £500.
• UKTI is offering a limited number of grants based on eligibility and availability. Please see below for further details.
Eligibility
Companies must be based within the M25 to be eligible to receive the financial package from UK Trade & Investment London. If you are outside the M25, we will approach your local international trade adviser for funding from your region on your behalf. If eligible, you will receive the same funding as London companies.
You need to:
• have fewer than 250 employees, with turnover of less than £25m p.a.
• be new to exporting to China. This means that you have not actively exported there in the past 12 months and normally have no established representation there. However, if exports account for less than 25% of your turnover, you may still be eligible. Eligibility will be assessed by your international trade adviser and will also take into account your readiness to export to China.
• demonstrate an established track record in the UK and the means and ability to expand overseas
• participate in the pre-organised programme
• attend the market briefi ngs and complete a post-market visit questionnaire.
Further Information
Please see attached flyer in related content for more information.
Contact Details
Elizabeth Fehnrich
UK Trade & Investment London Trade Team
New City Court
20 ST Thomas Street
London
SE1 9RS
Telephone:020 7234 3015
Email:chinafsmission@uktilondon.org.uk
UK Trade & Investment Contact: marthagall@uktilondon.org.uk
Source UKTI
