Chongqing-Taiwan modern service industry cooperation framework agreement was signed with Taiwan Council for Industries and Commercial Development
In order to strengthen cross-strait exchanges and cooperation in the field of modern service industry, Chongqing World Trade Center and Taiwan's industrial parties intend to jointly "promote the establishment of the modern service industry center" in Chongqing. CABR, Chairman Wu Chia-lin said in his speech: the cross-strait cooperation in the industry, we believe that the services sector is a promising block and trends. On the mainland, the service sector accounts for 38% of the national income, compared to 75% in Taiwan, from the data here for the service industry in mainland China there is much room for development, while the service industry is where the strengths of Taiwan, if the two organizations can cooperate and bridge China and Chongqing's modern service industry together, a lot of value can be created.. In particular, he stressed that the global platform of the World Trade Center, to strengthen cooperation between Chongqing and Taiwan into the world market together. The World Trade Center has a very good global network, and CABR has a very rich resources from Taiwan and through the signing of this cooperation agreement, both sides will hold regular meetings, set up respective offices, arrange regular visits for consultations, set up Taiwan modern service industry promotion center, create a cross-strait science and technology innovation incubators, form cross-strait development fund of modern service industry, build cross-strait economic and trade logistics park to introduce high-tech project from Taiwan, Japan and U.S, as well as help large and medium enterprises from Chongqing to go global as a group. The agreement will greatly promote the development of modern service industry in Chongqing and add new highlights to Chongqing-Taiwan cooperation.
Chongqing World Trade Center and Magi Capital, Zhonghao Lawfirm held a signing ceremony. Contracted projects include the following: assisting Magi Capital on project investment in Chongqing while, on the basis of its client resources, promoting Chongqing enterprises' overseas trade show, trade talks and other activities; Prospect Strategy Consulting Corporation will provide for foreign clients of the Chongqing World Trade Center initial research services and post-investment management training for investment in Chongqing; cooperation in the field of legal services with Zhonghao lawfirm; assisting Yike international catering group to invest 300 million yuan on the establishment of a food service company in Chongqing, which leads to the expectation that by early next month, the renowned Taiwanese CoCo Fresh Tea and Juice will blossom everywhere in Chongqing. The above items are the modern service industry, shows foreign optimism about the dynamic economy of Chongqing as well as confidence in the cooperation with the Chongqing World Trade Center.
2012 World Trade Centers Association (Chongqing) Development Forum attracted about 200 people. As an event in the World Trade Centers Association, a total of about 20 member cities of the World Trade Center participated in the conference. In addition, investment delegation, local government departments, local businesses also attended the forum, including the investment delegations organized by Netherlands Council for the Promotion of International Trade (NCPIT), investment delegations by Taiwan Council for Industries and Commercial Development,Taiwan investment delegation organized by Rising Sun International Real Estate Venture Investment LLC, investment mission organized by the Jiaxing World Trade Center, Banan District Government, Chongqing, Bureau of Commerce of Banan District of Chongqing, Chongqing Economic and Technological Development Zone,Jiulongpo District Foreign Trade and Economic Relations Commission as well as over 60 well-known brand enterprises in Chongqing.
Chongqing Municipal Government vice Secretary-General Mr. Ai Yang addressed the forum and extended a warm welcome to guests present on behalf of the Chongqing municipal party committee and municipal government. He pointed out that at present Chongqing was accelerating its internationalization and believed that by strengthening dialogue and exchanges between the two sides, there was a broad space for cooperation between the World Trade Centers Association and Chongqing. He welcomed in his address the member cities and member enterprises of the World Trade Center and businessmen present at the conference to visit Chongqing and seek cooperation opportunities.
Mr. Long Yongtu, member of International Advisory Committee of Boao Forum for Asia , chief negotiator and vice minister of the former Ministry of Foreign Trade and Economic Cooperation delivered a keynote speech in which he analysed the 2012 world trade situation and how to increase import in Chongqing in order to become a collecting and distributing center of import commodities in China's mid-west regions. He said Chongqing's economy had gained a great momentum due to its IT industry uprising and city status promotion and opportunities in Chongqing have begun to draw the world's attention. However, he proposed that companies need to understand local demand if they wanted to operate business successfully in Chongqing.
World Trade Centers Association executive vice president Rob Avon lol (Robert J • Frueh) speech for the forum to discuss with you how to promote the brand of the World Trade Center, the World Trade Center to promote investment and trade and urban development.
As an international economic and trade organization with a membership of more than 330 cities and 750,000 enterprises, the WTC played an important role in world economic and trade interactions through its development patter featuring “service + facilities + global network”. The character that one city harbored once WTC which connected the global network made the WTC reputed and exert great influence in urban development. Different WTCs had tailored development patters in light of local conditions. Only though taking into account local conditions could the WTC promote investment trade and urban development.
He also stressed that every WTC should work on the basis of service, facilities and the global network. The core value of the WTC was reciprocity, namely every corporate member of a WTC could be a member of any other WTC, and he/she was entitled to equal member-only services in every WTC. This principle greatly helped local members open up markets, and substantially increased services provided by the WTC to its members.
Mr. Robert J. Frueh said any WTC member from Taipei, New York or any other city would become a member of Chongqing WTC if it went to Chongqing to operate its business, and would be entitled to member treatment as when it was in Taipei and New York. He said the WTC was a large international platform. Holding the forum here meant carrying forward the brand the the WTC in Western China, particularly in the fast-growing Chongqing.
Chongqing World Trade Center as an crucially important WTC member in Western China, Chongqing was the ideal destination for investors. The WTC’s development needed the support of China and Western China, and Chongqing’s development needed the support of the WTC. Hence it was a mutually reinforcing economic and trade mix and an excellent international platform.
Mr. Wu chai-lin, chairman of the Taiwan Council for Industrial and Commercial Development, delivered a speech at the forum. He said that Chongqing had a lot of development opportunities and remained a hot spot for investment for Taiwan-funded enterprises because of its potential advantages. Chongqing strengthened its development of modern services and innovative industry in recent years in addition to the excellent heavy industry technical level basis. As an only inland duty-free port under the policy support of the central government, Chongqing has a more preferential tax rate even than the coastal economic zone, providing a great incentive for it to bring in modern service industry. As a representative of Taiwan's industrial and commercial enterprises, the institute led by leaders of Knovia Group, Delta-Cimic and other enterprises not only came to sign a cooperation agreement with Chongqing World Trade Center, but also made an inspection tour to Chongqing with a purpose. The institute will promote cross-strait economic and trade exchanges and the development of modern service industry in Chongqing through the platform of Chongqing World Trade. Mr. Wu believed that only when actual situation of each city was taken into consideration to serve them can World Trade Center better promote investment, trade and urban development.
Dialogue and Q&A section, encompassing the topic “how the WTC serves as a bridge connecting regional economies and the world.” Li Shirong, deputy Director of the Chongqing Municipal Foreign Economic and Trade Commission (COFTEC), Director of the Chongqing World Trade Center presided over the section. Jochum Haakma, Chairman of the Netherlands Council for the Promotion of International Trade, Scott Wang, Asian Development Director of the World Trade Center Association, Gu Julin, vice President of Atlanta WTC, Liu Bin, vice President of Tianjin WTC, Li Yanran, President of Wuxi WTC, and Lin Zhi, Executive President of Rising Sun International Real Estate Venture Capital Company participated in the discussions in this section. They carried our dialogues on how the WTC promotes international exchanges and cooperation, particularly exchanges and cooperation between China and the rest of the world. The dialogues also covered how the WTC connects regions and enterprises, and the topic of a WTC that integrates global networks, services and facilities. They put forward an idea that the WTC that integrates global networks, services and facilities has become one of the most dynamic resources of global trade investment in an increasingly competitive international environment. Every WTC should set up an operation modal in line with local conditions. Chongqing is in a period of rapid growth, and it needs a platform for resources, capital and local experience to attract foreign investment.
Finally, Li Shirong concluded her remarks in which she proposed that the operating model of Chongqing World Trade Center was established based on Chongqing's demand. The Center will serve as a platform for the integration of capital, ERP, legal advisory services, human resources and local experience resources and serve local enterprises and enterprises from other places to promote Chongqing's prosperity and development. The platform is now operating in Rising Sun Taipei City project in Xiyong. Taking Rising Sun Taipei city project as a platform, Chongqing World Trade Center will provide a full range of services including economic and trade exchanges, exhibitions and displays, attracting foreign business and investment. It will also link Chongqing to other places in terms of economic and trade exchange and offer international quality service to attract business for Chongqing enterprises and to the entry of foreign companies into Chongqing.