china-britain december 2009.qxp 10/12/09 2:30 pm Page 20
CBBC NEWS
China Tomorrow
and technology department; Guangdong’s
agricultural sciences academy and the world
China Legal
inspires Yorkshire
renowned Sun Yat-Sen University Cancer
Centre in Guangzhou, who outlined the many
Update
opportunities to collaborate with companies
Business promotion
and academic and research institutions.
Dr Yu Xiong of the China Innovation and
There are opportunities at national and Development Association UK, spoke on the
Briefing
regional level in China for technology Chinese model of innovation, commercialisa-
exchange and joint development of technolo- tion and funding. Participants also heard from
Over the past year or so, laws and regula-
gy. Organisations in the Yorkshire and Humber Giles Blackburne of CBBC on best practice
tions introduced by the Chinese govern-
region were able to find out about these and cross-cultural issues of collaboration;
ment have re-shaped the entire business
opportunities at the latest China Tomorrow and from Paul Thorning of the University of
environment in terms of cost and com-
event. Bradford, who spoke about the Bradford
plexity. In a series of CBBC briefings
Introducing the event, Chris Cotton of CBBC China Science Bridges project.
around the UK, experienced lawyers and
noted that this was the third event in the IPR considerations and UKTI support
accounting specialists provided a practi-
China Tomorrow series, with a fourth planned services were covered by speakers from
cal first-hand overview of the latest
for the North West in March. The event was Haseltine Lake and UKTI respectively.
changes and their potential impact on
chaired by Dr Nigel Kerby, of Mylnefield The event was supported by the
business with China.
Research Services, a driving force behind the Department for Business, Innovation & Skills
Richard Grams, of Stephenson
China Tomorrow initiative. He introduced and the UK Science & Innovation Network and
Harwood & Lo’s China office spoke about
speakers from the Hunan University’s science sponsored by Yorkshire Forward.
new restrictions on business formations,
pitfalls in China’s labour law and IPR
enforcement. He advised that reputable
Go west for China
address by Vice-Governor Huang Xiaoxiang.
international credit agencies can now pro-
CBBC CEO Stephen Philips and British consul
vide reliable credit reports on Chinese
general in Chongqing Nick Whittingham
companies. Michael Lin and Linda Liu of
opportunities
detailed Sichuan’s rapid development and
Ernst & Young’s China office provided
described the opportunities available to UK
updates on taxation, on financing China
companies in the region.
operations, on cash repatriation and
The global drinks company Diageo provided
exit strategies. Speaking about property
Seminar
a case study of its investment in Sichuan,
taxes, he said that often local incentives
Vice-governor Huang Insights into the given by managing director of Greater China,
were available, but only given to those
Xiaoxiang
many business Kenneth Macpherson. In July 2008, Diageo
who asked for them.
opportunities in increased its share in Sichuan Chengdu
Sichuan were pro- Quanxing Group to 49 per cent. Quanxing is a
vided at a recent leading producer of ‘bai jiu’ [Chinese grain
business seminar spirit]. Diageo is currently developing
in London held Quanxing’s overseas market whilst bringing
New CBBC staff
by the western its own global manufacturing techniques and
Chinese province. expertise to the region.
Staff news
CBBC members The event was organised with the help of
heard a keynote CBBC. Aimee Hu has joined CBBC’s Shenzhen office
as a project executive. She has a masters
degree in human resource management from
ICT stimulus Hong Kong
Aston University, and previously worked for
Higher Education Choice, UK.
Seminar
opportunities
Henry Bott has joined CBBC as business
development executive. He has a first-class
A recent seminar in London informed busi-
ness about opportunities in China’s ICT stimu-
outlined
degree in history with contemporary Chinese
studies from the University of Nottingham,
lus programme. In November 2008 China
and recently spent a year in Beijing where he
announced a Yn4 trillion fiscal stimulus
worked for the property company Jones
Dinner
plan. Additional spending has since been
LaSalle, and at the Olympic Games.
announced; the ICT sector, as one of the 10
There will be opportunities for UK firms in the
Henry Bott Aimee Hu
key sectors identified for reform, has been
ambitious plans for the West Kowloon Cultural
allocated stimulus funding of Yn600bn
District in Hong Kong, chief secretary for
(£55bn). Announced spending under the
administration Henry Tang told guests at the
stimulus policies includes a significant part
annual Hong Kong dinner in London in
(nine per cent) on promoting innovation,
November, held by the Hong Kong Trade
including local R&D. There will also be
Development Council.
substantial spending on 3G mobile communi-
Another guest of honour, armed forces min-
cation services, digital TV and the internet
ister Bill Rammell MP, pinpointed creative
over the next three years
industries, environmental services, technolo-
The seminar was held by CBBC and UKTI in
gy, infrastructure and transport as sectors of
London.
particular promise for British companies.
10
20
China-Britain Business Review December 2009/January 2010
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28