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Dutch companies awarded contracts during trade mission to China

A trade mission to China representing 50 Dutch companies has met with enthusiastic interest from Chinese business people and investors. The mission is headed by foreign trade minister Lilianne Ploumen. Its first two days included well-attended events, strengthening cooperation between business people from the two countries.

In Shanghai, in the presence of 300 Chinese and Dutch business representatives, the first five contracts were signed. The Dutch shipping company Royal Wagenborg signed a contract to construct a vessel. The National Aerospace Laboratory formed a technological partnership with China’s biggest aircraft builder, Comac. And the medium-sized enterprise Jomec signed a joint venture to develop wind energy. Discussions have also been held with Chinese companies interested in investing in the Netherlands. In Hong Kong, Ms Ploumen signed a cooperation agreement with the authorities in the area of waste processing.

Ms Ploumen believes that the growing Chinese economy offers many opportunities for Dutch companies and that the Chinese are interested in Dutch expertise. ‘The annual growth in Chinese consumer spending is equal to the whole of the Dutch economy,’ she said. ‘The opportunities for Dutch business are limitless. Trade with China provides jobs and income for the Netherlands.’

The trade mission began on 5 May and will end on 10 May, by which date it will have visited Hong Kong, Shanghai, Beijing and Chengdu. The 50 companies represented in the mission are mainly active in sustainable energy, environmental industries, agri-food, water management and shipbuilding. China offers them many potential business partners. By the end of the mission, many contracts and memorandums of understanding will have been signed. In her discussions with the authorities, Ms Ploumen is also addressing ways of improving market access and the trade and investment climate between the Netherlands and China. In addition, she will hold discussions with Chinese ministers, organisations and individuals concerned with the environment, transparency, and improving working conditions.

Source: Dutch government