Introduction to Enterprise Ireland – China Dublin Solicitors Bar Association Beijing, 17 th September, 2008 Alan Buckley
www. enterprise-ireland. com
Basic Facts • • Area: 9, 572, 900 km. sq Population: 1, 321, 000 Climate: 4 distinct regions Nationalities: 56 (Han. 91. 02%) Language: Mandarin (Putonghua), Cantonese Culture Religion Provinces (23) / Autonomous Regions (5) Municipalities (4) www. enterprise-ireland. com
Economy • 1978 • Quadrupling of GDP since 1978 • On PPP basis, 2 nd largest economy ($7. 262 trillion -2004) • Socialism –v- Capitalism • GDP Growth: 11. 9% (2007) • GDP per capita: $7, 730 • Exports: $960 billion (2007 est. ) • Imports: $720 billion (2007 est. ) • CPI 6. 1% www. enterprise-ireland. com • $ vs RMB
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Irish Trade with China 2005 Exports (€millions) 2006 2007 909 875 1, 271 Hong Kong 526 622 679 Taiwan 329 291 236 total 1, 764 1, 788 2, 186 China www. enterprise-ireland. com
Imports (€ million) 2005 2006 2007 3, 756 4, 433 4, 766 Hong Kong 484 335 382 Taiwan 919 973 770 Total 5, 159 5, 741 5, 921 China www. enterprise-ireland. com
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Enterprise Ireland Offices in China Beijing Shanghai Guangzhou Hong Kong www. enterprise-ireland. com
Enterprise Ireland Mission § “To accelerate the development of world-class Irish companies to achieve strong positions in global markets resulting in increased national and regional prosperity” www. enterprise-ireland. com
Enterprise Ireland support services in China § Market research § Key buyer introductions and presentations § Advice on establishing an overseas market presence § Providing a range of marketplace services § Partnership assessments § Helping to source alternative suppliers § Trade Missions / Exhibitions / Sectoral Visits § Incubator space www. enterprise-ireland. com
Programme • CIEET Tour (Beijing, Xian, Shanghai, Changsha, Guangzhou) (Education (1 6 March '08 ) (1 • ICT Expo. (Hong Kong) • China Medical Equipment Fair (Shenzhen) 6 ) April '08 (5) April '08 • Environment MSV (Guangzhou/Shanghai) (5) April '08 • Beijing International Education Show April '08 (5) (1 www. enterprise-ireland. com • Precision Engineering Seminar, Dublin 4 May '08
Cont’d… • CISIS, Dalian (info stand) - software June '08 • “Champions” Visit June ’ 08 • Communicasia - Singapore / Dublin IBV June '08 • SAF Visit to Ireland (Dublin / Limerick) Education Sept '08 • Financial Services IBV (Dublin) Sept '08 • Banking Technology Exhibition (Beijing) Sept '08 • International Markets Week (Dublin/Shannon) October '08 • An Taoiseach Trade Mission（Shanghai &Beijing) October '08 • Taiwan E. H. E. F. (Taipei) - Education November '08 www. enterprise-ireland. com
Sectors • • Education Environment / L. S. & related Aviation / Aerospace Software / I. T. Financial Services Engineering Telecommunications www. enterprise-ireland. com
Asia Strategy Programme (2005/2009) § § § § § 1 st phase launched 1998 (1999 – 2004) € 2 million provided for various initiatives Exports increased from € 3. 6 billion to over € 6 billion Exports to China increased average 20% annually between 1998/2003 By 2004 some 96 Irish companies had established 2 nd phase launched following An Taoiseach’s visit to China in Jan 2005 8 Priority countries (China, Japan, Korea, Singapore, India, Malaysia, Indonesia, Vietnam) Seeking to increase the level of Irish exports to over € 9 billion Exports (include services exports) to 8 priority countries already € 9. 013 billion end 2007 (CSO) www. enterprise-ireland. com
The China Risk Factor § § § § Political Risks Moral Risks Government Risks Environmental/Health Risks Intellectual Property Risks Legal / Financial Licensing & Operational Risks Business Cultural Risks www. enterprise-ireland. com
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Thank you www. enterprise-ireland. com
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