Introduction to Enterprise Ireland – China Dublin Solicitors Bar Association Beijing, 17 th September, 2008 Alan Buckley.

Introduction to Enterprise Ireland – ChinaDublin Solicitors Bar Association

Beijing, 17th September, 2008

Alan Buckley

www.enterprise-ireland.com


Basic Facts

• Area: 9,572,900 km.sq• Population: 1,321,000,000 • Climate: 4 distinct regions• Nationalities: 56 (Han. 91.02%)• Language: Mandarin (Putonghua), Cantonese• Culture• Religion• Provinces (23) / Autonomous Regions (5) Municipalities

(4)


Economy• 1978• Quadrupling of GDP since 1978• On PPP basis, 2nd largest economy ($7.262 trillion -2004)• Socialism –v- Capitalism• GDP Growth: 11.9% (2007)• GDP per capita: $7,730• Exports: $960 billion (2007 est.)• Imports: $720 billion (2007 est.)• CPI 6.1%• $ vs RMB



Irish Trade with China

Exports (€millions)

2005 2006 2007

China 909 875 1,271

Hong Kong 526 622 679

Taiwan 329 291 236

total 1,764 1,788 2,186


Imports (€ million)

2005 2006 2007

China 3,756 4,433 4,766

Hong Kong 484 335 382

Taiwan 919 973 770

Total 5,159 5,741 5,921




Enterprise Ireland Offices in China

Beijing

Shanghai

Guangzhou

Hong Kong


Enterprise Ireland Mission

“To accelerate the development of world-class Irish companies to achieve strong positions in global markets resulting in increased national and regional prosperity”


Enterprise Ireland support services in China

Market research Key buyer introductions and presentations Advice on establishing an overseas market presence Providing a range of marketplace services Partnership assessments Helping to source alternative suppliers Trade Missions / Exhibitions / Sectoral Visits Incubator space


Programme

• CIEET Tour (Beijing, Xian, Shanghai, Changsha, Guangzhou) (Education

(16) March '08

• ICT Expo. (Hong Kong) (16) April '08

• China Medical Equipment Fair (Shenzhen) (5) April '08

• Environment MSV (Guangzhou/Shanghai) (5) April '08

• Beijing International Education Show (5) April '08

• Precision Engineering Seminar, Dublin (14) May '08


Cont’d…

• CISIS, Dalian (info stand) - software June '08

• “Champions” Visit June ’08

• Communicasia - Singapore / Dublin IBV June '08

• SAF Visit to Ireland (Dublin / Limerick) - Education Sept '08

• Financial Services IBV (Dublin) Sept '08

• Banking Technology Exhibition (Beijing) Sept '08

• International Markets Week (Dublin/Shannon) October '08

• An Taoiseach Trade Mission （ Shanghai &Beijing) October '08

• Taiwan E.H.E.F. (Taipei) - Education November '08

• Airshow China (Zhuhai) November '08


Sectors

• Education

• Environment / L.S.& related • Aviation / Aerospace • Software / I.T. • Financial Services • Engineering• Telecommunications


Asia Strategy Programme (2005/2009) 1st phase launched 1998 (1999 – 2004) €2million provided for various initiatives Exports increased from €3.6billion to over €6billion Exports to China increased average 20% annually between 1998/2003 By 2004 some 96 Irish companies had established 2nd phase launched following An Taoiseach’s visit to China in Jan 2005 8 Priority countries (China, Japan, Korea, Singapore, India, Malaysia,

Indonesia, Vietnam) Seeking to increase the level of Irish exports to over €9billion Exports (include services exports) to 8 priority countries already €9.013

billion end 2007 (CSO) Target of 215 co’s in Asia (220 already established – 80+ in China


The China Risk Factor

Political Risks Moral Risks Government Risks Environmental/Health Risks Intellectual Property Risks Legal / Financial Licensing & Operational Risks Business Cultural Risks




Thank you

Introduction to Enterprise Ireland – China Dublin Solicitors Bar Association Beijing, 17 th September, 2008 Alan Buckley.

Documents

e ireland offices

priority countries china

china increased average

services exports

level of irish exports

established2nd phase

strong positions

global markets