Trade between China and Scotland is growing at a rapid pace. Photo credit - Pixabay
A new trade office has been opened in Yantai by the Scottish Chambers of Commerce.
The office will aim to deepen the existing trade relationship between China and Scotland, as well as helping to forge new opportunities for Scottish and Chinese businesses.
According to the Scottish Chambers of Commerce (SCC), the Scottish delegation, led by SCC’s new President, Tim Allan and CEO Liz Cameron, comprised Presidents and CEOs from Chambers throughout Scotland
SCC President Tim Allan commented: “The Chinese economy continues to grow at a faster pace than western economies and the rate of growth within new cities such as Yantai and Jinan opens up the potential for Scottish businesses to promote and sell goods and services which Chinese businesses Chinese businesses and consumers want and need.''
''That demand, together with a more recent policy of ‘opening up’ to new trading partners and overseas alliances by the Chinese, presents a myriad of opportunities for Scottish businesses to capitalise on.''
Over the last few months, we've reported extensively on blossoming business between China and Scotland.
Fistly, we revealed that Skymoons, a Chinese game developer, was investing in a new studio in the country.
Skymoons, who are behind several popular games such as Zombie Wars and Seer Superheroes, launched the studio in Edinburgh in order to develop a new online multiplayer game.
Over 20 staff will be based at the site, which has been aided by cooperation between Skymoons and the Scottish government.
Only a few days later, we reported that a Scottish beer that was originally never intended to be drunk is going to be available in China after a distribution agreement was signed.
Innis and Gunn is the most popular British beer in Canada, and is also enjoyed extensively in the United Kingdom, as well as in many other countries around the World.