China study to reveal oportunity for UK engineering firms
1 min read
China Business Solutions has been commissioned by the Government to undertake a comprehensive review of the Chinese engineering market so that SMEs in the UK can take advantage of the opportunities there.
Sponsored by UK Trade & Investment, the 12-week study will see China Business Solutions – a specialist China business consultancy based in Cambridge - focus on the five main areas of engineering activity in China - Guangdong, Sichuan, Changquing, Shanghai and Beijing.
Alongside an overview of the whole engineering sectors (mechanical, electrical and process engineering) in these areas, the study will also investigate how local operating conditions differ in terms of labour costs, distribution channels, and skills base etc.
“This is a major study and the first of its kind in China, which will form the blueprint for engineering SMEs in the UK wishing to have a clear understanding of the opportunities and issues involved in maximising business opportunities in China,” said Elizabeth Yan Tsze Hill who is leading the project on behalf of China Business Solutions.
The study will also identify key companies in each engineering sub-sector, their size, market share, specialisation and location. Case studies of UK engineering companies already successfully trading with China will also feature in the report.
