Feb 21 2012
Future Chinese President Xi Jinping visits Ireland

Future Chinese President Xi Jinping visits Ireland
China’s Vice President Xi Jinping today attended the China Trade and Investment Forum organised by Enterprise Ireland, IDA, Bord Bia and Science Foundation Ireland.
The visit of China’s Vice President Xi Jinping has already delivered the signing of two agreements promoting trade between China and Ireland. Both agreements were signed by the Minister for Jobs, Enterprise and Innovation, Richard Bruton, and by China’s International Trade Representative and Vice-Minister of Commerce, Gao Hucheng, at Dublin Castle.
The first assignments schedule a programme of events to promote collaboration between Irish and Chinese companies. Enterprise Ireland is the main partner in this programme and already has three offices in China supporting trade between Irish and Chinese markets. Enterprise Ireland reported that its client’s exports to China rose by 10pc in 2010 to €251m and initial estimates show that 2011 delivered a further 10pc.
According to the government, the other agreement consists of creating a working group to encourage investment between China and Ireland. Foreign Direct Investment has increased in the previous year and will continue to do so thanks to these agreements. Over 200 Irish companies are already exporting to China and more than the half have offices there.
The main opportunities to enter the Chinese market lies in the key sectors of aviation, education services, financial services, health, software, and agricultural machinery.
The more Irish and Chinese companies collaborate the more we will be happy to help them connecting and communicating effectively with their partners.
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