Welsh trade mission kicks off in China

Welsh trade mission kicks off in China

Economy Secretary Ken Skates is in Hong Kong and Shanghai this week to strengthen trade links with China and promote Wales as a great place to visit and do business.

Mr Skates is joined by 25 Welsh companies and organisations including Aircovers in Wrexham, Cradoc’s Savoury Biscuits in Brecon, and Teddington Engineered Solutions in Llanelli.

This is the largest Welsh trade delegation to travel to China for 10 years.

The Economy Secretary will host St David’s Day themed receptions in Shanghai and Hong Kong to promote Wales as an outward facing and forward-looking nation, keen to build and cement links with global trading partners.

He will meet individuals and businesses that are potential investors in Wales as well as attending a special advanced manufacturing event.

He will also meet representatives of the Shanghai and Hong Kong governments, and the British Consulate and will attend a special performance by the Welsh National Opera.

Ken Skates said: “I am pleased to be visiting Shanghai and Hong Kong to build on our already strong links with a country that boasts one of the strongest economies in the world.

“Along with a strong trade delegation, I will be extolling Wales’ virtues as a first-class trading partner, an excellent tourism destination, a diverse cultural partner and a great place to live, study and do business.

“Our new Economic Action Plan is clear about our commitment to prioritising exports and trade, and helping businesses retain their existing trading partners while supporting them to branch out into other global markets.

“And with Welsh exports to China having grown significantly from nearly £194m in 2012 to nearly £313m in 2017 there is no doubt that it is a hugely significant market and one that has much to offer our exporters.

“This is a challenging time and one when we are all seeking to navigate the opportunities, challenges and complexities of Brexit.

“Now more than ever it is important that we reach out to China and our other international partners to build a stronger and fairer economy for all. This week’s visit is part of our ongoing and multi-faceted work to achieve this.”