British SMEs look to China market

Small-Medium British companies met at a specially forum in London Wednesday to consider how small and medium-sized enterprises can find export success in China.

Minister for Trade & Investment (UKTI), Lord Green, said at the SME CEO Forum: “China’s staggering pace of growth is creating a wealth of opportunities for UK firms. From high-value infrastructure projects to the growth in demand for low carbon goods and services, UK firms, especially small and medium-sized enterprises (SMEs), are well placed to provide cutting edge expertise.”

“Over 99 percent of the UK’s 4.8 million businesses are SMEs, yet just 20% are exporters. We believe there is scope to increase that figure considerably and that is why UKTI is committed to supporting SMEs in Key markets such as China.”he added.

Sir David Brewer, Chairman of China-Britain Business Council, said:”99% of British companies are SMEs and in China 99% of companies in the private sector are SMEs too. The opportunities for commercial partnerships between Britain and China are immense.”

The forum also held a panel discussion on Britain SME commercial engagement, the implications of China’s 12th Five-Year Plan and the support that UKTI can provide to companies who want to expand their business in China.

Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

www.livetradingnews.com

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Posted by Shayne Heffernan on Jun 2nd, 2011and filed underEurope.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site