Home> Latest News

Chinese companies boost UK economy

Updated: 2013-12-02 00:29
By Cecily Liu in London ( China Daily)
Comments() Print Mail Large Medium  Small 分享按鈕 0

Chinese companies boost UK economy
British Chancellor of the Exchequer George Osborne (left) and Huawei CEO and founder Ren Zhengfei talk at Huawei's headquarters in Shenzhen on Wednesday,Nov 16, 2013. Huawei said it will invest $200 million to construct a new research and development center in the UK. [Photo / Provided to China Daily]

Tracker shows 25 key firms are contributing jobs and revenue

Chinese companies are thriving in the UK and making a significant contribution to the UK economy, according to the Grant Thornton Tou Ying 25 tracker 2013.

The tracker, in collaboration with China Daily, monitors UK businesses with Chinese parent companies to identify the fastest-growing 25 companies by year-on-year change in turnover. The 2013 tracker monitors revenue growth for the full years ending in December 2011 and 2012.

The 25 companies are making heavyweight contributions to the UK economy, having employed more than 2,600 people and generated more than 17 billion pounds ($27.83 billion) in revenue in 2012, a 27 percent year-on-year increase. Even the slowest-growing company grew by 9 percent.

Nick Farr, partner and head of the China-Britain Services Group at Grant Thornton UK, said UK Prime Minister David Cameron's visit to China this week, as well as several other recent high-profile trade missions, have put Anglo-Chinese trade firmly in the spotlight.

"As the number of Chinese companies going global continues to rise, the UK appears to be well and truly open to Chinese investment, benefiting hugely from the inflow of funds," Farr said.

Farr said some policies recently announced by the British government, for example simplifying the visa application process for Chinese people, would also help nurture the relationship.

The growth tracker demonstrates the diversity of Chinese investment in the UK, as industries represented include banking, energy, manufacturing, retail and technology and telecommunications, among others, he said.

Of the 25 companies, 20 grew organically and the rest expanded through acquisition. About half of the companies are based in London, with the remainder distributed across the UK.

The selected companies all have minimum revenues of 5 million pounds ($8.19 million), have at least 51 percent Chinese ownership and have been trading since at least the beginning of 2011.

Stephen Phillips, chairman of the China Britain Business Council, said the UK's level of openness to foreign investment and its level of access to the European market are strong attractions for Chinese investment.

"Chinese companies that set up here have access to some of the very best financial and professional services that the world has to offer, making it easier to grow and expand their business," Phillips said.

Previous Page 1 2 Next Page

Survey & Comments

| About us | Contact |

Constructed by Chinadaily.com.cn

Copyright @ 2012 Ministry of Culture, P.R.China. All rights reserved

主站蜘蛛池模板: caopon在线| 成人免费视频69| 无码毛片视频一区二区本码 | 欧美一级高清免费播放| 日本一在线中文字幕天堂| 在线观看噜噜噜私人影院| 国产成人精品三级麻豆| 免费超爽大片黄| 亚洲成av人片在线观看天堂无码| 久久久久久久综合狠狠综合| av无码免费永久在线观看| 国产人成精品香港三级在| 男高中生大粗吊gvlive| 最近中文字幕mv在线视频www| 成人免费观看网欧美片| 国产精品正在播放| 哦太大了太涨了慢一点轻一点| 亚洲欧美久久精品1区2区| 中文字幕日韩精品有码视频| 91大神精品在线观看| 舌头伸进去里面吃小豆豆| 0588影视手机免费看片| 菠萝菠萝蜜视频在线| 欧美日韩第一区| 少妇精品久久久一区二区三区| 国产成年无码久久久久毛片| 亚洲精品无码久久久久去Q| 中文无遮挡h肉视频在线观看 | 中文天堂最新版www官网在线| 777奇米四色| 特黄特色一级特色大片中文| 日本三级韩国三级在线观看a级| 国产精品扒开做爽爽爽的视频 | 国产免费插插插| 国产一区二区三区免费在线视频| 亚洲ⅴ国产v天堂a无码二区| 一个人看的视频www在线| 蜜桃视频一区二区三区在线观看| 欧美亚洲国产一区二区三区| 女人张开腿给人桶免费视频| 国产hs免费高清在线观看|