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Home > News > EU SME Centre Helps Cypriot SMEs to Connect with Chinese Businesses

EU SME Centre Helps Cypriot SMEs to Connect with Chinese Businesses

By EU SME Centre | Press Article      03.06.2016     Tags:

Beijing, China – June 1st, 2016 – The EU SME Centre organised a successful business matchmaking event for a delegation of Cypriot companies led by the Cyprus-China Business Association (CyChiba) and the Cyprus Chamber of Commerce and Industry to meet with Chinese business partners.

Over 50 Cypriot and Chinese companies took part in the matchmaking event where they discussed cooperation opportunities in areas such as real estate development, infrastructure and immigration services. Over 100 meetings were carried out during the afternoon session.

This event received support from the Investment Promotion Agency of Ministry of Commerce in China, the China-Europe Association for Technical and Economic Cooperation, the China Chamber of International Commerce, the European Chamber of Commerce in China and the International Business Daily. 

Η.Ε. Mr Agis Loizou, Ambassador of the Embassy of the Republic of Cyprus in Beijing attended the event and gave the opening remarks, encouraging Cypriot and Chinese companies to make the best of such opportunities to develop more business cooperation.

Mr Panicos Kaouris, President of Cyprus-China Business Association delivered a presentation on what Cyprus can offer to investors at the event, providing a comprehensive overview of the advantages of doing business with Cyprus such as strategic location, infrastructure, investor-friendly business environment and tax system, opportunities in the real estate market as well as energy, oil and gas industries.

With the support from the EU SME Centre, nine Cypriot organisations established contacts with over forty Chinese companies and initiated plans for future follow-up.

Click here to learn more about the Centre's business matchmaking service.

About the EU SME Centre

The EU SME Centre in Beijing provides a comprehensive range of hands-on support services to European small and medium-sized enterprises (SMEs), getting them ready to do business in China.

Our team of experts provides advice and support in four areas – business development, law, standards and conformity and human resources. Collaborating with external experts worldwide, the Centre converts valuable knowledge and experience into practical business tools and services easily accessible online. From first-line advice to in-depth technical solutions, we offer services through Knowledge Centre, Advice Centre, Training Centre, SME Advocacy Platform and Hot-Desks.

The Centre is funded by the European Union and implemented by a consortium of six partners - the China-Britain Business Council, the Benelux Chamber of Commerce, the China-Italy Chamber of Commerce, the French Chamber of Commerce in China, the EUROCHAMBRES, and the European Union Chamber of Commerce in China.

To learn more about the Centre, visit website www.eusmecentre.org.cn


About the Cyprus-China Business Association

About Cyprus-China Business Association (CyChiba)

The Cyprus-China Business Association was established in 1995 under the auspices of the Cyprus Chamber of Commerce and Industry and the Chinese Embassy in Nicosia, Cyprus. CYCHIBA’s goal is to operate collectively, drawing on the strengths, experiences and knowledge of its 150 member companies. The Association aims to promote and enhance economic and trade relations between China and Cyprus and to further strengthen cooperation between the two nations.

Through the Association’s activities, CYCHIBA supports the government in their efforts to establish strong business and trade relations and to promote Cyprus as a reputable international financial, trade and services centre to the Chinese business community.

To learn more about CyChiba, visit the website: http://cychiba.org/


About Cyprus Chamber of Commerce and Industry

The Cyprus Chamber of Commerce and Industry is a private corporate body functioning under special law and is financially independent, free of any influence by the state. The Chamber is funded by its members’ subscription fees and through income generated from a number of services it provides.

The CCCI is the union of Cypriot businessmen, the interests of whom it promotes by submitting to the government and the Parliament the members’ positions on matters in which they are involved, while, through its participation in tripartite bodies and committees, it conveys and promotes the views of the business community.

The Cyprus Chamber of Commerce and Industry was founded in 1927 and in 1963, a new structure was adopted, which remains in operation to date, under the name of: “Cyprus Chamber of Commerce and Industry”. The CCCI is the federation of the local Chambers of Commerce and Industry (CCIs) which operate in Nicosia, Limassol, Famagusta, Larnaca and Paphos. The local CCIs have a geographical coverage of their respective districts. The Nicosia CCI covers also the districts of Kyrenia and Morphou.

The membership of the CCCI exceeds 8,000 enterprises from the whole spectrum of business activity. Affiliated to it are more than 140 Professional Associations from the trade, industry and services sectors.

To learn more about Cyprus Chamber of Commerce and Industry, visit the website: http://www.ccci.org.cy

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