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Chinese trip forges business relationships

6th October 2015

MGI World MGI Worldwide, UK & Ireland Area news item, Chinese Businesses investing overseas forum, group photo

Jonathan Farrow, has recently embarked on a business delegation trip to China.

It was organised by Wang Chengan, the vice president of China Society for World Trade Organization Studies and co-hosted by US China Global Investment & Trading Alliance(USCGITA) and China Ministry of Commerce’s China Chamber of Commerce for Import & Export of Machinery and Electronics (CCCME).

At the China World Trade Centre in Beijing, Jonathan and his peers presented to the Ministry of Commerce and met Ambassador Sun Zhenyu, President of the China World Trade Organisation, as well as representatives of Chinese non-state owned enterprises. He also saw presentations on the opportunities and challenges faced by Chinese businesses investing abroad before presenting ten top tips for investing in the UK. This evoked a number of questions from an audience that was interested in investing and working with foreign partners.

In addition to the conferences, USCGITA hosted a breakfast meeting with the Deputy CEO of Standard Chartered Bank China, Loh Long Hsiang. The meeting covered a range of discussions, including China’s economics and a growing number of Chinese enterprises looking to invest overseas.

“I am positive about the visit and forged a very good alliance with a number of individuals. Undoubtedly this has expanded our horizons and allowed me to form relationships in China that will benefit our current and future clients. A follow-up trip is planned for April 2016 and I am looking forward to that, as well as meeting up with people from this trip at the upcoming MGI AGM in London,” commented Jonathan. 

He added: “we have has many years’ experience in advising UK and overseas clients on tax, financial and commercial matters, both within the UK and abroad.

“Our knowledge of local rules enables us to ensure that there is a seamless service between tax professionals in different jurisdictions. We also offer guidance and advice on international tax structuring, tax management and offshore tax planning and can also ensure compliance with complex tax rules around the world in cross-border transactions through in-depth and up-to-date knowledge of local rules. The involvement that Midgley Snelling LLP has with SMEs that are not UK clients sets the firm apart, especially in our native Surrey.”