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Romania –an attractive market for Chinese investors
The Chamber for Commerce and Industry of Romania (CCIR) organised, in partnership with the Provincial Committee Zhejiang of the Chinese Council for International Promotion (CCPIT), the forum for business and investments Romania- Zhejiang China.The event took plakce on Thursday 7 December 2017 at the Intercontinental Hotel and was attended by over 85 Romanian companies which got into dialogue with over 60 of the most important companies from China.
‘Romania represents an open gate for anything which means investment and commerce, including on the part of China and we want to get higher as regards the commercial relations. (…). We are working on a catalogue of projects greenfield and brownfield type. We want to promote them first by what economic councillors and embassies mean to any investor who wants to come to invest in our country. These projects are identified in the former industrial areas where there is a real need for revitalisation and I refer to hospitals and infrastructure projects, agreement or accommodation structures. We are very interested by investments in these domains’, Paula Parvanescu, state secretary in the ministry of business environment, commerce and entrepreneurship said.
In his turn, H.E. Xu Feihong, the ambassador of the People’s Republic of China said that’ Romania and China have a long tradition of very good relations. Over the last years, the relations between China and the countries in the centre and Eastern Europe recorded a strong development (...). The commercial part is an important part of the development of collaboration between the two countries.We have to say that in the first 9 months of this year, the commercial exchanges surpassed the worth of 4.1 billion dollars, with a growth of 13.7% (...). The strenghtening of the mutual collaboration for development in all domains is of great use for the promotion of the relations between our countries. Romania is an important countryy in the EU, similarly in the central and eastern part of Europe’.
Mrs. Wu Guiying, the chair of the Chinese Council for the promotion of international commerce of the province of Zhejiang spoke about the promotion and deepening of the collaboration with the initiative ‘ One road, one belt’. Mrs. Guiying said that ‘ for the strengthening of the economic and commercial relations Romania- China, today there is the delegation of the province Zhejiang (…). CCPIT has as a purpose the promotion of commerce and investments on interna?ional plan.
Until now, the Council of the province Zhejiang initiated relations of collaboration with 162 countries. Romania is a very important country in the initiative’ One Road, one belt’ is a member of the World Organisation of Trade, of IMF and is an important member of the EU.We are interested in some products which are in Romania, as well as in wines, which start to come on the Chinese market (…). To bring a new boost to the economic collaboration, we organised this activity to get to know one another and to develop our collaboration.’
Background information
Zhejiang is the fourth province of China as economic importance, recording in 2016 a value of the GDP of almost 700 billion dollars. One of the most important cities in the province is Ningbo,the city designated by the Chinese state to coordinate the strategy for collaboration between China and the countries in central and eastern Europe.
The forum was attended by companies in such domains: energy, IT, constructions, import-export, food industry, metallurgie, road infrastructure, urban design, lighting equipment, auto parts production, pharma, toys industry, medical and electronical equipment, textile industry, tourism,logistics and transport, on-line commerce, stock exchange operations, financial services, etc.
