Foster: China open for Northern Ireland business

Dec 03, 2010

Enterprise Minister Arlene Foster has concluded her five-day mission to China to promote trade, investment and encourage tourism.

The Minister led a 26 company-strong Invest Northern Ireland trade mission to Shanghai and Hong Kong.

Arlene Foster said: “I am confident many of the companies who travelled to Shanghai and Hong Kong will do business in China because of their professionalism and the quality of their products and services.

“Invest Northern Ireland has an established presence in China, both in Hong Kong and Shanghai. Trade missions are hosted annually in key business centres and, as a result of this strategy, this market is worth around £100million in exports from Northern Ireland.

“We export a broad range of products and services to China, from software, scientific cameras and diagnostic systems to buses and printing technology.”

The Minister continued: “China is on track to become the world’s biggest economy. Clearly, there are huge business opportunities in this dynamic marketplace, particularly in advanced technologies that our companies are developing in areas such as ICT, Life Sciences and renewable energy.

“Many Chinese companies have accepted invitations to visit Northern Ireland. Increased co-operation will build and grow profitable, long-term business relationships which will further boost our export potential in what is a difficult economic time.”

While in Hong Kong, the Minister met with the British Consulate General.

Arlene Foster concluded: "I had a very informative and productive meeting with the British Consulate General, Andrew Seaton and Director of Trade, Iain Lindsay.

"The historic link between the United Kingdom and Hong Kong mean there are many opportunities to build partnerships between our local businesses and investors there."

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