China (Zhejiang) – UK (Nottinghamshire) Trade & Investment Symposium (Nottingham)
Following the signing of a partnership agreement between Nottinghamshire and Zhejiang province, Nottinghamshire County Council and partners are delighted to welcome Zhejiang CCPIT (China Council for the Promotion of International Trade) and a delegation of over 60 Chinese companies to the Midlands to explore opportunities for business collaboration, both export and investment across a range of sectors.
Following a plenary session where speakers representing the UK and China will discuss the abundance of opportunities that exist for business engagement, delegates will be able to pre-book appointments with members of the Chinese delegation from the following sectors:
- Energy/Electric Power/ Environmental Protection
- Chemical Industry
- Electronics and Information Industry
- Commerce & Logistics
- Textiles
- Processing & Manufacturing
- Services & Security
- Construction & Housing
- Tourism & Culture
Brief introduction to Zhejiang
​Host to the G20 summit in 2016, last year Zhejiang ranked 4th in terms of provincial GDP with an economy equivalent to that of Austria. With 90% of that economy privately owned, the province ranked 3rd behind Shanghai and Beijing in terms of disposable income per capita, and was 2nd in terms of the number of incorporated listed companies (2015)
Pillar sectors in the province are: light textiles, machinery, building materials, chemicals, ICT and medical devices which is why Zhejiang companies are looking to EU for investment collaboration. New and rapidly growing sectors include e-commerce (Alibaba Group is based in provincial capital, Hangzhou) and creative (second largest film and television making region in China).
