Fidinam was invited to speak at the Belt and Road Salon in Jinan, China on 23 Oct 2018. Jointly organised by the China Council for the Promotional of International Trade (CCPIT) and the Hong Kong Trade Development Council (HKTDC), the event attracted 80+ attendees from listed companies and SMEs. Mr Uny Chan, Manager – Swiss Desk, spoke on the occasion together with Mr JIANG Hongbin, Partner at PricewaterhouseCoopers Beijing and Mr MAO Xinhai, Chairman of Shandong JiuDing Holding Group Co., Ltd.
Mr Chan commented on the opportunities in relatively mature Belt & Road market such as Vietnam and the UAE. By partnering with local providers such as Fidinam, Chinese companies could get a head-start with the proper advisory on corporate structure and preferential access into industrial parks or free zones. He also remarked on a recent success case in which Fidinam has assisted a privately-owned Jinan SME to expand into Nigeria via HK and Mauritius.
Mr ZHAI Xudong, Chairman of CPPIT Jinan Sub-Council said, “Belt and Road can be seen as a multi-phase development initiative. Spearheaded by State-Owned Enterprises, the infrastructural set-up in key trade routes have been established. Stage 2 and 3 of the development will consist of manufacturing relocation and the integration of financial architectures. It is therefore the perfect moment for Chinese SMEs to participate actively and reap fruits from Belt and Road.”
The speakers also visited China Brazil Xinnenghuan International Group Co., Ltd. (CBSTEEL), which has invested USD 3 billion into Maranhao to upgrade the state’s steel production capacity, as well as Shandong Overseas Distribution Centres of Import and Export Co., Ltd., which has warehouses in Kyrgyzstan, Kenya, and Saudi Arabia to support B2C market entry by Shandong SMEs.