24/11/2015

Local Firms Urged To Reap The Benefits Of The 'Golden Age'

Local businesses are being encouraged to reap the benefits of the 'golden age' in UK-China relations.

Enterprise Minister Jonathan Bell, who is leading a 13 company-strong Invest Northern Ireland trade mission to China this week, said: "China is a fast-growing and dynamic marketplace and this week's mission will give both experienced exporters and new entrants to the market the opportunity to meet potential trading partners.

"We are now in what is being labelled the 'golden age' in UK-China relations, as was demonstrated by the recent UK-China Business Summit attended by President Xi Jinping. I had the honour of attending the event in London and it was clear that Northern Ireland has a huge part to play in satisfying China’s ever increasing demand for western goods and services.

"The figures speak for themselves. Our manufacturing exports to China are increasing year on year. In 2010/2011 manufacturing exports from Northern Ireland totalled £60million and in four years have increased by over 58% to £95million."

With Invest NI support, trade missions have been travelling from Northern Ireland to China for over 15 years.

(CD/MH)

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