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(Photo captioned: Bright lights: Shanghai’s commercial centre, the Bund, has been regenerated)
UK firm Halcrow helps regenerate Shanghai Bund
Planning, design and management services company, Halcrow, is playing a key role in the regeneration of Shanghai’s commercial district, the Bund.
As China’s urbanisation and city expansion continues at an escalated rate, and as Shanghai’s World Expo comes to a close, Halcrow has been working with the Local Government of Huangpu District to regenerate the Bund. Joint winner of a planning design competition in 2003, Halcrow used a comparison with the older City of London financial centre to demonstrate how it was able to expand without damaging its historic character and environment. As a result of many of the ideas generated by Halcrow’s masterplan, the Bund is now experiencing a dramatic transformation. For example, the once heavily congested riverside road has been developed by the district authority and in conjunction with Expo 2010 for a more people-friendly solution.
www.halcrow.com
Know your responsibilities
The International Chamber of Commerce (ICC) has launched Incoterms 2010, which identifies the risks and responsibilities of buyers and sellers in an international sales contract. The guide has been updated to keep pace with new trends and rules in international trade that come into effect on 1 January 2011.
To order Incoterms 2010, visit
www.iccbookshop.com
Name that tune
Theme tunes from shows like The Weakest Link and Who Wants To Be A Millionaire? are among the UK’s most lucrative musical exports over the last decade. Between 2000-2009, revenues rose from £15m to £50m, according to songwriters’ body PRS For Music. They contributed to a rise in overall global earnings from £66m to £166m. Royalties from radio airplay have grown from £22m to £39m, while revenues from live performances leapt from £1.5m at the start of the decade to £18m last year.
Turkey trade plan
With bilateral trade now worth £6.2 billion, Prime Minister David Cameron says he wants the UK to double its trade with Turkey in the next five years. Speaking in Turkish capital Ankara, he hailed a new partnership with Turkey, with increased trade and investment at the heart of the alliance.
UK Trade & Investment chief executive Sir Andrew Cahn said British business across the country will be the key to achieving these new targets: “Turkey is an economic powerhouse with enormous potential for UK companies. With current growth levels of 11 per cent, it is tipped to be Europe’s secondlargest economy by 2050. Situated at the crossroads between east and west, doing business in Turkey can provide a foothold for companies looking to enter the Middle East, European and Central Asian markets.”
For more information on Turkey, contact Sarah Mooney, email
sarah.mooney@
fco.gov.uk
Breaking the barriers
UK Trade & Investment and the China-Britain Business Council have collaborated on a new DVD, Breaking the barriers, the challenge of doing business with China, to help UK SMEs looking to enter the Chinese marketplace. Containing seven short programmes that include interviews with eight UK firms that are successful in the region, the DVD covers IPR, domestic competition, rules and regulations, payments, human resource and future prospects in China.
Order your free copy of Breaking the barriers at
www.bis.gov.uk/publications
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