March 27, 2023


Earn Nicely, Spend Wisely

“China is an option not a threat”: Spanish small business govt-Xinhua

3 min read

Workers members pose for a image in front of a Chinese exhibition booth for the duration of the Worldwide Tourism Reasonable FITUR 2023 in Madrid, Spain, Jan. 18, 2023. (Picture by Gustavo Valiente/Xinhua)

Orriols mentioned Spanish corporations have a fantastic possibility to support fulfill the developing need in China for high quality customer merchandise and expert services.

BARCELONA, Spain, Feb. 23 (Xinhua) — “My business tips following doing work in and interacting with the Chinese market place since 2004 is that we should not see China as a danger but as an prospect,” Marin Orriols, director of the Global Section of the Barcelona Chamber of Commerce, informed Xinhua in an job interview on Thursday.

“The best advice I can give as a specialist is to study about the Chinese current market, pay a visit to that sector, chat to that current market, forge alliances with that industry,” and consider to reward from the market place awareness, he mentioned.

Due to the fact the institution of diplomatic relations concerning China and Spain in March 1973, bilateral trade has improved to extra than 43 billion euros (45.5 billion U.S. dollars), in accordance to 2021 figures from the Spanish Institute for Foreign Trade (ICEX).

A resident poses for a photo with a lion dancer during an celebration to rejoice the Chinese New Year in Madrid, Spain, Jan. 20, 2023. (Image by Gustavo Valiente/Xinhua)

“I really encourage our businesspeople to go to China, to do organization in China. It’s challenging … but it is worthy of it, and we are in a fantastic situation to turn into good buying and selling associates,” Orriols said.

He argued that Spanish corporations have a fantastic possibility to enable fulfill the expanding demand in China for top quality buyer solutions and products and services.

“Trade is rising swiftly,” he said, “although the intake of China’s increasing center class proceeds to mature, it favors Spanish exports.”

In the previous 50 a long time, financial one-way links among the two countries have been strengthened by large-level visits. In accordance to Spanish press stories, Spain’s Primary Minister Pedro Sanchez is scheduled to check out China this year.

Chinese New Calendar year posters are observed on a avenue in Madrid, Spain, Jan. 21, 2023. (Picture by Gustavo Valiente/Xinhua)

Vacation is a further company prospect that Orriols details to, with Spain getting a worldwide powerhouse in the tourism marketplace and China remaining the premier resource of global travellers, particularly now that the pandemic limitations have been eradicated.

Orriols explained that in locations like Barcelona, far more groups of Chinese tourists are noticed. The travelers not only  deliver pretty substantial profits but also act as ambassadors for Spanish products and solutions and services when they return China.

Orriols also thinks that China’s expanding expenditure overseas features new business enterprise options for Spanish businesses.

“What do the Chinese have to have? Community companions. So, if we find that Chinese organization with a superior product or service or service that we think has a long term here, then what makes the most perception is to ally with them and to improve much better alongside one another.”

Spanish purchaser Daniel Javier Salvador (C) talks with an exhibitor at the booth of a property appliances producer during the 130th session of the China Import and Export Fair, or the Canton Good, in Guangzhou, south China’s Guangdong Province, Oct. 15, 2021. (Xinhua/Liu Dawei) All rights reserved. | Newsphere by AF themes.