HONG KONG – 16th October 2015 - China-Britain Business Council (CBBC) and The British Chamber of Commerce in Hong Kong (the British Chamber) have signed a landmark collaboration agreement that will benefit both organisations’ members in Hong Kong, China and the UK. The agreement will also help UK companies looking to enter mainland China, Hong Kong, and wider regional markets by allowing them to tap into the deep expertise and knowledge within the CBBC and the Chamber’s networks.
CBBC and the British Chamber will continue to be independent organisations however see the value of their respective member companies having increased access to their extensive networks and regional business expertise. CBBC has an impressive network of 13 offices in key cities across China and 10 in the UK, whilst the British Chamber has an enviable reputation for helping its members not only in the dynamic Hong Kong market, but across Asia.
Under the agreement, members of each organisation will enjoy reciprocal access to events at member’s rates, be sign-posted to get the right help and advice, benefit from briefings on the latest developments, and the Chamber and CBBC will work on joint events in the UK, China and Hong Kong. A member of the CBBC team will also spend several days a month in Hong Kong and will offer initial and basic first-line advice on mainland China to British Chamber members.
The agreement was signed during the visit of Hong Kong Chief Executive CY Leung to the UK and just one week ahead of the State Visit of Chinese President Xi Jinping.
Stephen Phillips, Chief Executive CBBC, said ‘We are delighted that this arrangement will lead to CBBC having representation in Hong Kong through the partnership with the British Chamber. Hong Kong is an important and vibrant market in its own right and a fantastic location for a regional HQ. It is also an important stepping stone for Chinese companies investing abroad. What is more, Hong Kong is an important piece of the complex China market jigsaw puzzle. By working together with the British Chamber we believe we can help more of our combined members and more British companies win more business ’.
Andrew Seaton, Executive Director of the British Chamber said, ‘The Chamber is one of Hong Kong‘s leading international business organisations. By working with CBBC we can help our members realise the full opportunity that the mainland presents, as well as helping CBBC's members make the most of Hong Kong. We will also be able to help all of our members to work with Chinese companies using Hong Kong as a springboard to the rest of the world‘
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About The British Chamber of Commerce in Hong Kong The British Chamber is one of Hong Kong's largest international business organisations, comprising major multinational companies and institutions, as well as a substantial number of SMEs. The Chamber represents a broad spectrum of British, Hong Kong, international and Chinese companies. Collectively, this membership makes a significant contribution to the Hong Kong economy and to employment, and constitutes a representative cross-section of business opinion in the SAR.
www.britcham.com
About China-Britain Business Council
The China-Britain Business Council (CBBC) is the leading organisation helping UK companies grow and develop their business with China. We help companies of all sizes and sectors, whether new entrants or established operations. CBBC has worked with China for 60 years and our team has extensive experience of doing business there. We offer practical in-market assistance, services, industry initiatives and a membership programme delivering access, seminars and networking through our network of 13 offices in China and 10 in the UK.
www.cbbc.org
For all media enquires please contact:
Jennifer Tattersall
Marketing and Communications Manager, The British Chamber of Commerce in Hong Kong
E: jennifer@britcham.com
W: www.britcham.com
David Martin
Director, Marketing and Communications, China-Britain Business Council
T: +44 (0) 207 802 2015
M: +44 (0)7960 125 980
E: david.martin@cbbc.org
W: www.cbbc.org
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