Economic Growth of China

Growth of China



2nd largest economy



140 irish companies with a physical presence in china



10% surge in economy on avg per year since 1978



1.3bn population



GDP growth rates



12 9 6 3 0 -3



9.6 9.2 10.4 9.2 7.2



China



-0.3 -3.5 3.0 1.7 2.1



USA



estimated



'08 '09 '10 '11 '12



The Irish Connection



Business experts from China will host three seminars in Ireland next week to advise firms here on how to make the most of the Chinese market.

Experts from the Beijing-based EU SME Centre will give training to companies looking to do business in the sprawling country.

One of the evernts will taken place in Shannon on Monday next. The others are planned for Dublin and Cork. Shannon Chamber of Commerce chief executive Helen Downes said: "Attendance at the two China-focused seminars we hosted last year was extremely high, so we're delighted that Shannon has been selected as a location for this event."

Centre Director Chris Cheung said: "China is certainly not for everyone. Only by preparing thoroughly and getting to know the country and its people will.

European companies be able to capitalise on the many opportunities that still abound in the market, especially in regions other than the well-known coastal provinces." Pat Flynn



Irish Trade

Value of exports to China 2012



2,742m

Merchandise Trade



2,214m

Trade in Services



Value of imports to China 2012



1,564m

Merchandise Trade



214m

Trade in Services



Timeline



2010 China overtakes Japan as second largest economy



2005 600 million lifted out of poverty since 1981, according to World Bank



1990 Stock markets open in Shanghai & Shenzhen



1989 Tiananmen Square massacre



1984 Opens up 14 cities & 3 regions to foreign investment, including Shanghai



1978 Reformist leader Deng Xiaoping announces open door policy GROWTH OF CHINA 140 TIMELINE 2010 IRISH COMPANIES China overtakes Japan as second largest WITH A PHYSICAL PRESENCE IN economy CHINA 2005 10% 2nd SURGE IN ECONOMY 600 million lifted out of poverty since 1981, according to World Bank ON AVG PER YEAR SINCE 1978 LARGEST ECONOMY 1990 1.3bn Stock markets open in Shanghai & Shenzhen POPULATION IRISH TRADE Value of exports to China 2012 1989 Tiananmen Square THE IRISH CONNECTION 2,742m GDP GROWTH RATES massacre BUSINESS experts from China will host three seminars in Ireland next week to advise firms here on how to Merchandise Trade 12 10.4 9.6 9.2 9.2 make the most of the Chinese market. Experts from the Beijing-based EU SME Centre will give training to companies looking to do business in the sprawling country. 2,214m 1984 7.2 CHINA Opens up 14 cities & 3 regions to foreign investment, including Shanghai Trade in Services One of the events will taken place in Shannon on Monday next. The others are planned for Dublin and Value of imports to China 2012 3.0 Cork. Shannon Chamber of Commerce chief executive 3 1.7- 2.1* Helen Downes said: "Attendance the two China- focused seminars we hosted last year was extremely high, so we're delighted that Shannon has been selected as a location for this event." USA 1,564m 1978 -0.3 -3 Centre Director Chris Cheung said: "China is certainly not for everyone. Only by preparing thoroughly and getting to know the country and its people will Merchandise Trade European companies be able to capitalise on the many opportunities that still abound in the market, especially in regions other than the well-known coastal provinces." 214m Reformist leader Deng Xiaoping announces open door policy -3.5 *estimated *08 '09 '10 '11 '12 Pat Flynn Trade in Services Co