ABP – the developer behind London’s £1 billion Royal Albert Dock transformation – has announced it is founding a new international organisation with the aim of boosting business worldwide. It will be free to businesses invited to join as partners. The first step is to focus on increasing trade and investment between the UK and China.
Trade between the two nations is already at a record high and this week China’s Deputy Premier, Ma Kai, will make an official visit to London to meet Chancellor George Osborne for the 6th Annual China-UK Economic Dialogue to further increase trade and investment.
Called ABP International Alliance, the new body will deliver ongoing initiatives aimed at helping UK and China enterprises find potential business partners efficiently and quickly. The first wave of 500 Chinese businesses has been registered, and the alliance between UK and China enterprises will lead to an improved trade relationship between the two countries. Several hundred more UK and China enterprises are in the process of registering for the Alliance.
Initiatives will include:
The UK’s first permanent UK-China Trade Centre hosting UK and China companies looking for new suppliers and potential business partners in both countries.
A business leaders mentoring scheme through which the Chairmen and Chief Executives of UK and China companies will give free one-to-one advice to guide the heads of UK and China businesses on how to navigate the business and cultural challenges and how to expand and export to the UK and China.
Setting up a task-force of UK and China business experts who will advise trade bodies and other organisations from both countries on emerging business opportunities and lobby on the obstacles to going global, as well as identifying business opportunities through which UK and China companies can partner.