BCECC Partners in China
- Good relations with local government and CCPIT Chengdu and Sichuan dating back from the Prince Philip’s Economic Mission of 2007 when BCECC signed a long-term cooperation agreement in the presence of HRH Princess Mathilde.
- Chengdu is one of the most competitive cities inland: labour cost, infrastructure and regulatory framework.
- Promote the “Go-West Policy”
Mission of the BCECC office in Chengdu:
- To map Chengdu as an investment location
- To assist and guide interested Belgian companies going to Chengdu
- To build a strong network with local governments, businesses and federations in Sichuan
- To raise interest amongst companies to look at Belgium as the platform for trade and investment in Europe
- To attract delegations from Sichuan participating at trade fairs in Belgium
- To organize workshops for Sichuan companies informing them about the latest EU regulations amongst others
- Its total imports& exports rank first among those of central and western cities in China.
- The number of Fortune 500 companies settles in Chengdu ranks first among those in central and western cities in China.
- It has the largest railway container terminal in Asia.
- Its financial transactions and number of foreign financial institutions rank first among the cities in Western China.
- It has the largest pool of professionals in various fields in Western China.
- It ranks first in terms of number of foreign consulates among the cities in Central and Western China.
- Chengdu has become the preferred place for domestic and foreign investors to invest in Western China, not only because it has outstanding advantages in investment environment, but more importantly it has broad prospects for future development and tremendous business opportunities.
- Import and Export in the year of 2011 (From Jan 2011- Dec 2011)
In 2011, the import and export volume of Sichuan Province to Belgium reached 223million dollars, a year-on-year growth of 37.16%; wherein, the export volume was 198million dollars, an increase of 50.14% and the import volume was 24.55million dollars, a decrease of 19.25%.
- Foreign (Belgian) Investment As of December, 2011, there are 12 Belgian-invested projects in Sichuan, involving USD 2.5million of paid-in capital. Among the world top 500, ABInbev, the leading brewery enterprise has set up a branch in Ziyang, planning to produce over 1 million tons of beer with an expectation of the biggest brewing base in China.
Chengdu is an important base of bio-pharmaceutical industry in China, and it is among the first national medicine export bases, a national biological industry base, and a national export and innovation base for trade promotion through the development of science and technology (in bio-pharmaceutical field). It was approved to be a “Hi-tech industrialization base of national bio-pharmaceutical materials and medical apparatuses and instruments” in 2011.
Chengdu is home to the most competitive IT industry cluster in western China. An industrial chain to manufacture integrated circuit, optoelectronics display, digital video & audio, optical communication products, and original-equipment products of electronic terminal has been formed in Chengdu, with representative enterprises such as IBM, Intel, Texas Instrument, Microsoft, Motorola, Nokia, Ericsson, Dell, Lenovo, Foxconn, Compal, Wistron, and others.
Chengdu is favored by comparative advantages in preferential location, complete logistic infrastructures, strong scientific and technological strength, a large pool of professional talent, advanced communication technologies, and abundant information resources to build a logistics hub in Western China.
Through years of rapid development, solid foundation has been laid for the automobile industry of Chengdu, forming distinct features and edge, and becoming one of the leading industries of the city. There are 139 automobile enterprises above the designated size, including 17 whole vehicles and refitted car manufacturers and 122 spare parts enterprises, with more than 50,000 employees.
Mrs. Eileen Wang
Hefei is one of the top 20 emerging cities in China. Its gross domestic product (GDP) per capita exceeded $10,000 in 2014, so that the capital of East China’s Anhui province entered an era of “moderately developed”.
As one of the major cities in China opening up to the outside world, Hefei offers a sound investment environment for investors. Moreover, Hefei is playing a key role as the city is linking the east to the west and the south to the north.
Being an important base for science and education in China, Hefei is the first and sole Science and Technology Innovation Pilot City in China. Also, by making good use of the abundant resources of land and natural minerals and advantages in science and education, Hefei is now in a prime period with the highest speed in development and the best quality in economic operation.
What is more, Hefei is a comprehensive manufacturing-based industrial city, and the manufacturers located there are capable of producing everything from electrical appliances and daily-use chemical products, to specialized automobiles such as forklift trucks.
In addition to manufacturing, the city’s economy is founded on the following key industries:
- Home appliances
- New materials
- Information technology
- Food processing
The Bohai Bay Economic Rim includes Beijing, Tianjin and areas in Hebei, Liaoning and Shandong, which surround the Bohai Sea. As an economic zone, it is easier to do business there than in any other part of China, as it is foreign-orientated and gives more support to Western businesses than to the areas which are not part of it.
Tianjin is one of the fastest growing large cities in the world and has the highest GDP per capita income in mainland China. Although the international financial crisis spread rapidly and the speed of world economy growth is slowing down, Tianjin economy still maintains at a steady and fast growing speed.
The economy of Tianjin is much diversified and comprises many sectors, including:
- high tech
- shipping and logistics
- oil aerospace
While Tianjin is mainly famous for its manufacturing and technological prowess, it might also become China’s largest financial centre thanks to the development of the new district of Binhai, located at the junction of Shandong and Liaodong peninsulas. The Binhai New Area occupies a core position in the Bohai Economic Rim and has abundant natural resources, a comprehensive traffic network composed of highways, railways and shipping routes, which connects the area to China’s various regions and the outside world. It is home to 219 Fortune 500 companies and to enterprises in the field of industries and services, as well as to several engineering and technical research centres and universities. The main free market zone in Binhai is the Tianjin Economic-Technological Development Area (or TEDA). After relentless efforts to become a better place for investment, it is now one of the most alluring investment areas in China and even in Asia. Densely populated and easily accessible, the Bohai Area offers enormous market potentials.