Speakers covered the huge potential to grow county businesses by operating in the country, and gave sound advice on maximising opportunities and reducing risks.
The event featured speakers from Lincolnshire County Council, China-Britain Business Council (CBBC), Department for International Trade, Fenner Precision Polymers, Natwest Commercial Banking, Beauty Boulevard Ltd, Lincoln College Group and the Greater Lincolnshire Institute of Directors (IoD).
The event is the brainchild of Streets Chartered Accountants Marketing Partner James Pinchbeck.
Mr Pinchbeck said: The Big Chinese Takeaway not only marked the start of the Chinese New Year, it also celebrated the growing business and cultural ties between, Lincolnshire and China.
“Whilst for many the country is seen as a source of low cost manufacturing; its continued economic growth provides new and growing markets for our county’s businesses to sell into.
“Equally the country’s increase in wealth has, and continues to, create wealth and investors many of which look to the UK for business investment opportunities. Our event, not least with over 70 delegates, many of whom are actively engaged in business between, and with, China, certainly has raised the profile of Lincolnshire’s business and its part in the Midlands Engine in realising the commercial opportunities offered by such an economically important country.”
Lincoln College Group Managing Director (International and Commercial) James Foster said:
“We were delighted to co-host last night’s event on our campus and share our experience of doing business in China. Great strategic, financial and practical advice was shared in the room and I’m sure all those who attended left with a greater understanding of how to either break into the Chinese markets, or grow their existing business presence.”
Lincoln College Group CEO Gary Headland is also the Lincolnshire Branch Chair of the Institute of Directors, a joint supporter of last night’s event.
He said: “International business – both import and export – is very important to many businesses across Greater Lincolnshire.
“Lincolnshire Business published an article this week about how the weaker pound is benefitting Lincolnshire farmers. The impact of the exchange rate clearly has a positive and a negative effect depending upon the nature of the business involved.
“This, among many other topics, will be discussed and debated at this important annual forum in relation to international business with China.
“The IoD stands for good governance which means good leadership, good management and good direction; implicit within this is strong situational awareness of market opportunities both domestically and internationally, hence the IoD is very keen to continue to support this event.”
