A new report into how Manchester City Region can increase its trade links with China – the world’s fastest growing major economy – will be unveiled next week at an event supported by MIDAS, Manchester’s Investment and Development Agency, and the Commission for the New Economy.
The independent report examines the current level of bi-lateral trade and wider links between the city region and China, recent trends in China’s outward investment and how Greater Manchester businesses can take advantage of the existing social, cultural and economic links to the country.
The report will be presented to an audience of business leaders at HSBC’s Spinningfields offices at 8.30am on Monday 24th May. Limited places are still available.
Juan Gomez, one of the paper’s authors, said: “The aim of this paper is to provide a detailed analysis to help stimulate the long-term sustainable economic growth of Manchester City Region. It looks at the relationship between Manchester and China and sets high-level objectives – and actions – to strengthen engagement with China.”
Tim Newns, Deputy Chief Executive at MIDAS commented: “In the current economic climate, links with high growth markets like China are vital to Manchester’s continued growth. This paper will provide us with sound intelligence, helping us to maximise trade and investment opportunities with what will soon become the world’s largest economy.”
Manchester has several strong links with China. The city region’s universities have links with counterparts in many of China’s areas of economic importance including Beijing, Shanghai and Shenzhen to name a few; whilst most of the ten Greater Manchester Boroughs have an economic or social interest in China; from engineering and electronics in Oldham to education in Stockport and Tameside and telecommunications in Salford.