28-member biz delegation from China in town in March

Wednesday, 18 February 2015 00:08 -     - {{hitsCtrl.values.hits}}

A 28 member high powered business delegation from China organised by the Beijing Lansing Century Exhibition Company in association with State-owned Assets Supervision and Administration Commission of Tianjin Municipal People’s Government (TJ-SASAC), Tianjin Commission of Commerce (TCC) and Foreign Affairs Office of Tianjin Municipal People’s Government will be visiting Sri Lanka in March 2015. In order to provide an opportunity for potential local companies to interact with these high powered delegates, the Ceylon Chamber of Commerce in association with the Lanka Exhibition and Conference Services Ltd. will be organising a Business Forum followed by Business Matchmaking Session on 6 March 2015 (Friday) from 8:30 a.m. onwards at the Ramada Hotel Colombo 3. “We have invited a key official attached to the Board of Investment of Sri Lanka to address the gathering at the Business Forum to spell out why Sri Lanka should be considered as the next destination to invest,” said the Spokesman of the Beijing Lansing Century Exhibition Company, China. These high powered delegates are interested in setting up of joint ventures/possible trading opportunities in agriculture, building materials, infrastructure, logistics, manufacturing industries, public utilities, real estate, regional development and investment projects, tourism and trade. China’s socialist market economy is the world’s second largest economy by nominal GDP, and the world’s largest economy by purchasing power parity according to the IMF the accuracy of the IMF’s report on China’s purchasing power parity has since been questioned. It is the world’s fastest-growing major economy, with growth rates averaging 10% over the past 30 years. China is a global hub for manufacturing, and is the largest manufacturing economy in the world as well as the largest exporter of goods in the world. China is also the world’s fastest growing consumer market and second largest importer of goods. China is the largest trading nation in the world and plays a vital role in international trade, and has increasingly engaged in trade organisations and treaties in recent years. China became a member of the World Trade Organisation in 2001, and concluded a trade agreement with the ASEAN nations in 2010. China also has free trade agreements with several nations. Main industries includes mining and ore processing, iron, steel, aluminium, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilisers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles and satellites. Detailed profiles of delegates could be accessed from www.chamber.lk. For further details contact the Business Information Division of the Ceylon Chamber of Commerce on tel. 2329143, 5588869, 5588854 and 5588892 or e-mail – [email protected].

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