Peter Manning Head of International Trade, Essex County Council.

Peter ManningHead of International Trade, Essex County Council

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Relationships Matter -Identifying Mutual Benefits

Increase outward investment Promotion, intelligence

Increase tourism Museum exchanges

Civic reforms Training programmes

Exports Seminars, networking

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Ranking in China – GDP

Total GDP US$ (2011)

1, Guangdong 838 bn 2, Jiangsu 759 bn3, Shangdong 711 bn4, Zhejiang 506 bn5, Henan 427 bn6, Hebei 379 bn7, Liaoning 348 bn8, Sichuan 340 bn

Per Capita GDP US$ (2011)

1, Jiangsu 95452, Zhejiang 90383, In. Mongolia 89054, Liaoning 77885, Guangdong 77876, Shandong 73177, Fujian 72738, Jilin 5933

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Jiangsu GDP (2010)

2005 - 2010

Average GDP Growth Rate: 13.5% (2011 = 9.2%)Service Industry: 40%

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Attractive to foreign investors

Paid-in Foreign Capital

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• 8 airports• 6 x 100m + ton ports• 124 universities and colleges• 1.65 million college students• Over 6,300 scientific research institutions• 8.6% of China’s total retail sales

Sales of Consumer Goods

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Reasons to be optimistic• Urbanisation only 50% complete• Movement of workers to private sector only 50% complete• Minimum exposure to toxic assets• Leverage of companies and households is low• Large stimulus early on and in 2012

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Opportunities for Suffolk

• Inward investment• Tourism• Exports• School links

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Inward Investment

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Tourism

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Exports

Source: FT

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Emerging Industries

－ new energy industry

－ biotechnology & new pharmaceutical industry

－ new material industry

－ energy saving & environment protection industry

－ software & service outsourcing industry

－ the internet of things

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School links

Peter ManningHead of International Trade, Essex County Council

[email protected]

07766 603440