The renamed China Chamber of Commerce in the UK was launched in London on Dec 15, signifying a milestone in the association’s development and journey to serve member companies. The ceremony, attended by several hundred business leaders and representatives from the Chinese embassy, was held on the same day as the chamber’s annual meeting.
Jin Xu, minister counselor of the economic and commercial office at the Chinese embassy, says the name change is significant because it reflects Chinese businesses’ increasing importance in the UK. The chamber plays an important role in bringing together Chinese and British businesses that want to develop trade and investment relationships, and the services it provides are invaluable, he says. “It creates a good platform for Chinese companies that have an established presence in the UK to share their experiences with others that have new subsidiaries, and this greatly helps the process of Chinese firms’ internationalization.”
Source: Daily China