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MEDIA PARTNERSHIP The UK welcomes Chinese investments


Chinese UK Alumnus Award; Entre- preneur of the Year Award; Innova- tion Award; Creativity Award; Finan- cial & Professional Services Award and a British Company of the Year Award.


The UK is now home to more than 400 companies from mainland China, according to the UK Trade and Invest- ment (UKTI), a UK government department which helps British companies achieve success abroad. In London alone, Chinese businesses make up the second-largest group of foreign direct investors. The British Business Awards recognizes the importance of Chinese direct invest- ments into the UK and includes a ‘Chinese Investor of the Year’ Award as one of its eight award categories which also include Sustainability, a


Chinese companies in the UK come from a diverse range of sectors, including fashion, publishing, manu- facturing, telecoms and transporta- tion. The Chinese Investor of the Year Award, sponsored by law firm Hogan Lovells, recognises the contributions made by Chinese companies to the UK economy. Five finalists, including Bosideng, China Youth Publishing Group, Chongqing Machinery & Electric Co., Hytera Communications and Zhuzhou CSR Times Electric Co., have been selected for a place in this award category. In 2011, China created 92 projects in the UK, which translates into 2,116 jobs, according


to UKTI statistics. As the third-largest investor in the UK, up from seventh the year before, China is poised to further increase investments in the UK as the country encourages major companies to expand globally.


Chinese business leaders share their experience of doing business in the UK with their UK counterparts, at China Business Day held in London ahead of the Olympic Games this summer.


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• Latest News • Status Updates • Event Postings • Have Your Say 40 China Economic Review • November 2012


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