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Download Peter Manning China - Suffolk County Council
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Peter Manning Head of International Trade, Essex County Council 2 Relationships Matter Identifying Mutual Benefits Increase outward investment Promotion, intelligence Increase tourism Museum exchanges Civic reforms Training programmes Exports Seminars, networking 3 Ranking in China – GDP Total GDP 1, Guangdong 2, Jiangsu 3, Shangdong 4, Zhejiang 5, Henan 6, Hebei 7, Liaoning 8, Sichuan 4 US$ (2011) 838 bn 759 bn 711 bn 506 bn 427 bn 379 bn 348 bn 340 bn Per Capita GDP US$ (2011) 1, Jiangsu 2, Zhejiang 3, In. Mongolia 4, Liaoning 5, Guangdong 6, Shandong 7, Fujian 8, Jilin 9545 9038 8905 7788 7787 7317 7273 5933 Jiangsu GDP (2010) 2005 - 2010 Average GDP Growth Rate: 13.5% (2011 = 9.2%) Service Industry: 40% 5 Attractive to foreign investors Paid-in Foreign Capital 6 • • • • • • 8 airports 6 x 100m + ton ports 124 universities and colleges 1.65 million college students Over 6,300 scientific research institutions 8.6% of China’s total retail sales Sales of Consumer Goods 7 Reasons to be optimistic • Urbanisation only 50% complete • Movement of workers to private sector only 50% complete • Minimum exposure to toxic assets • Leverage of companies and households is low • Large stimulus early on and in 2012 8 Opportunities for Suffolk • • • • 9 Inward investment Tourism Exports School links Inward Investment 10 Tourism 11 Exports Source: FT 12 Emerging Industries －new energy industry －biotechnology & new pharmaceutical industry －new material industry －energy saving & environment protection industry －software & service outsourcing industry －the internet of things 13 School links 14 Peter Manning Head of International Trade, Essex County Council [email protected] 07766 603440
