On March 7, in order to boost the investment activities in Guangzhou and the UK and publicize Guangzhou’s export-oriented economic development level and international business environment, Invest Guangzhou and ABP International Alliance (short for ABP hereinafter) reached a strategic cooperation agreement in the aspects of jointly promoting cooperation between Guangzhou and British enterprises, bilateral information sharing and co-organizing of exchanges and activities etc.
ABP, the new partner of Invest Guangzhou, is a business organization aiming to promote global enterprises’ trade, investment and development. ABP, the founder and leading enterprise of the alliance, is a fairly powerful multinational and has investment projects including the Royal Albert Dock in London with the value of 1.7 billion pounds.
So far, more than 500 Chinese enterprise has joined ABP through membership registration. Through the cooperation, Invest Guangzhou, the professional international investment service agency of Guangzhou Municipal Government, will fully combine this with Guangzhou’s business promotion advantages, boost Guangzhou’s enterprises to carry out business in the UK relying on ABP’s professional services, jointly promote cooperation between enterprises of the UK and Guangzhou, and realize reciprocal and win-win solutions.
According to the agreement, ABP will utilize its membership network and information platform, its influence in British commercial organizations, members, governmental institutions and commercial leaders to offer various support for Invest Guangzhou’s investment promotion activities in the UK. By March, 2017, Guangzhou has established 20 enterprises (institutions) through investment. In 2016, Guangzhou’s investment in the UK, the contracted amount of Chinese side, increased nearly 20 times of that in 2015.
Source: Translated from Invest Guangzhou, Mar. 10, 2017