Chinese telecom giant ZTE set up new UK headquarters

Thames Valley’s reputation as the Silicon Valley of the UK on attracting global technology companies has been enhanced by the arrival of a special newcomer. ZTE, which is a leader in global telecommunication sector, has chosen Berkshire as the new location for its British HQ.

ZTE (UK) Ltd officially opens its office in central Slough this month (June 2015), after a long search for a HQ location in the UK.

With its global HQ based in Shenzhen, Guangdong Province of China, ZTE Corporation is a €8 bn turnover manufacturer and supplier of telecommunications equipment. The Company operates its businesses in comprehensive ranges of operator network, terminals, as well as telecommunications software, services and other products.

According to the Digital Trend in 2013, ZTE is the 3rd most popular smart phone provider in the USA beating a whole host of household names.

The multinational leader of R&D in the world’s telecommunication sector ranked 3rd in numbers of global patents filed in 2012 and 2013. ZTE sees great potential in the UK and has big ambitions to repeat its successes in the UK following those in many markets like the USA, Germany, France and Spain.

Relocating the UK headquarter to the heart of UK’s international technology hub in Thames Valley is a key strategic decision. After careful consideration of various sites recommended and facilitated by BCC LinkToChina Programme and its partners, ZTE (UK) has finally made the move. Mr Tony Chen, Managing Director of ZTE (UK) Ltd, says “we are a multinational company with operations in over 100 countries in the world. Therefore it is extremely important for our head office to be in location well connected with other global brands in our sectors and our UK telecom clients. We are very pleased with the Thames Valley region.”

BCC LinkToChina is based in Thames Valley Chamber of Commerce and has been working with Slough Borough Council, Bracknell Forest Council, Segro (Slough Trading Estate), Oxford Properties (Green Park, Reading), Wilkins Kennedy and Blake Morgan in China. The programme operates a trusted business partnership support package and business match-making platform for British companies and Chinese companies to identify market opportunities and set up business cooperation. Its support ‘helped ZTE in every step of its relocating preparation and couldn’t have been more welcoming in making the move possible’, according to Tony Chen.

Chinese investors, in particular technologies companies, have become more active  in their global expansion and have targeted the UK as a key destination. Many of them are from the Chinese Capital of Trade, the Guangdong Province, which has many cities of major technology industrial hubs such as Shenzhen. BCC LinkToChina and its partners have run their annual China marketing campaign to Guangdong and many of its 21 prefecture cities and have established a strong partnership with the authorities, trade bodies and businesses in the Guangdong.

Many of the Guangdong companies, such as ZTE, Huawei Technologies, Hytera and TPLink have chosen the western London – Thames Valley region as their UK HQ locations to gain better access to the hub of global technology companies in the UK.

Dr Kegang Wu, Chief Representative of the Guangdong Economic and Trade Office in the UK, said “I am pleased to see yet another Guangdong company finding an ideal location for their UK HQ. I was involved with BCC LinkToChina and its partners who played an instrumental role in helping ZTE and other Guangdong companies in their effort to invest in the UK”. “ With more Chinese companies interested in investing in the UK and better policy support from Guangdong such as the recent Free Trade Zones, I am confident that success of ZTE (UK) in doing business here will serve as flagship for others to follow.”

Ruth Bagley, chief executive of Slough Borough Council, who has visited China with the LinkToChina programme twice since 2013, said: “Very few towns in the UK are as connected as Slough is to London, the rest of the country and the world.

“That, coupled with the massive regeneration and infrastructure projects underway, makes Slough an ideal destination for any company wanting to grow their global business.

“We have great pleasure in welcoming ZTE to Slough and look forward to working closely with them once they’ve settled in.”

Councillor Sohail Munawar, commissioner for social and economic inclusion, said: “We’ve put in a lot of effort, through our work with LinkToChina, to promote Slough on the world stage and highlight the many opportunities on offer for businesses.

“It seems our efforts are paying off, with the relocation of Hytera last year and now ZTE.

“This is fantastic news for the borough as a whole and in particular the town centre, which will benefit from the added vibrancy a fresh new company will bring.”

The trade and investment partnership between the UK and China is poised to enter a new golden era this year at the back of rapid increase of UK export to China and Chinese investment to the UK in the last few years. As announced in the Queen’s speech last month, the President of China, Mr Xi Jinping, will visit the UK in October for his first state visit to the UK.

For further information, please contact BCC LinkToChina on 01753 870 571 www.linktochina.org

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China to ease requirements to British firms entering China

According to the Guangdong Economic and Trade Office in the UK, Chinese government has today published a draft (in Chinese) “China Foreign Investment Act” for public consultation.

The new law will streamline and simplify the requirements and procedures of foreign companies investing in China, effectively granting foreign firm the much sought-after ‘domestic status’ except those under clear designated “control measures” — either restricted or prohibited, or on a clearly defined “negative list”. The old practice of seeking government approval before registering a joint-venture or a wholly foreign owned enterprise will be the things of the past once the new law is passed.

Once implemented, the three major existing laws on regulating foreign investment registration and operations will be replaced by this single Act. Detailed annual reporting of business operations will fall within the remit of the Company Act.

This will significantly reduce the complicated procedures for British companies and organisations hoping to set up and have a presence in China, especially for British SMEs.

As reported by BCC LinkToChina twitter this month, Guangdong Province has been proved to set up multi-locations Free Trade Area covering more than 100 km square and including parts of Guangzhou (Canton), Shenzhen and Zhuhai. the FTA will be piloting and testing ground for many newer open door policies designed to speed-heading development of emerging sectors and new growth sectors.

 

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Working with China on Technology, Innovation and R&D through Partnership and IPR protection

British SMEs interested in the following areas will benefited from a well supported programme designed to encourage technology and innovation:

  • Looking for a partner in China for R&D and technology cooperation
  • Developing new prototype with support and IPR protection
  • Turning prototype into commercial products
  • Seeking new agent / distributor in China market for existing technologies
  • A UK university team to support product/technology development
  • A Chinese team to support product/technology development and localisation
  • Funding opportunity for new product / technologies development
  • IPR protection / trade mark & patent registration in China

The Lancaster China Catalyst programme will be present and promoted at two of the Thames Valley Chambers free events:

24th Nov 2014 Meet the Chamber (Easthampstead Park Conference Centre, Bracknell Forest)

5th December 2014 Thames Valley Technology Forum (Telefonica O2, Slough)

Registration with Thames Valley Chamber of Commerce website at the links above.

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Chinese telecom industry eyes Thames Valley

The Chinese telecommunication sector is one of the key sectors set for further market liberation and expansion in the new phase of China economic reform.

Ruth Bagley, CEO, Slough Borough Council, was invited to present the case of Thames Valley and Slough to the delegation.

Ruth Bagley, CEO, Slough Borough Council, was invited to present the case of Thames Valley and Slough to the delegation.

Senior representatives of The Ministry of Industry and Information Technology and senior sector regulators from 20 provinces of China gathered in the head office of BCC LinkToChina today for an one-day workshop about UK and China telecommunication market and sector opportunities. Strategic partners of LinkToChina impressed the delegation about Thames Valley’s as the Silicon Valley of the UK and the hub of telecommunication industries in the extensive exchange.

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Chinese Financial Industry Delegation visited Thames Valley

A large Chinese government and industrial delegation have visited Thames Valley through BCC LinkToChina and sought potential opportunities for cooperation. The Group, consisting of 18 bankers, district financial authorities, investment companies, security traders and pension regulators from the Municipality of Tianjin visited LinkToChina’s head office on Thursday this week in Slough and met its strategic partners.

 

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Hong Kong Seminar: High Tech Opportunities

We cordially invite you to attend the Think Asia, Think Hong Kong: opportunities in a High-Growth Region” business seminar, organized by the Hong Kong Trade Development Council.

The seminar will highlight the latest developments and trends in Hong Kong which will enable your business to establish and strengthen trade and investment links with the rising Asia. You will also hear from local Oxford businesses that have succeeded using the Hong Kong platform.

 

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Innovating with China – the Catalyst Programme

Breakfast Seminar:

Innovating with China for the Chinese and Global Markets

TVCOC NEW LOGO Aug 2012

08:00 Wednesday 22nd October 2014 (Registration at 07:30)

Mansion House, Wokefield Park, Goodboys Lane, Reading, RG7 3AH

British companies interested in developing international business partnership with China, especially in commercialising products, services and technologies, can be helped by support such as finding matched Chinese partners, specialist sector expert teams in both UK and China, specially arranged market visits, and a research and post-graduate product development team.

The Lancaster China Catalyst Programme – www.lancaster.ac.uk/china-catalyst – is an exciting programme of such assistance. With funding from the Higher Education Funding Council for England (HEFCE), Lancashire County Council and participating businesses, the programme will provide a wide range of bespoke support worth over £70K aimed at helping each participating British company develop an international collaborative R&D and commercialisation project with a Chinese partner.

It seeks to enhance international innovation capacity, and potentially unlock significant amounts of grant funding from the Guangdong Provincial Department of Science and Technology (GDST).

Over the course of this exciting journey, UK companies will work on commercialisation and business plans to adapt both existing, as well as developing new products, processes and services for the Chinese and/or global markets.

A programme brochure is available for download here: 1410 Innovating with China – China_Catalyst project brochure

Such is the popularity of the programme, the Lancaster China Catalyst Programme already has 16 UK technology companies signed up and, having visited Guangdong to meet potential partners in early September, they are now part way through their innovation journey with China – http://www.lancaster.ac.uk/china-catalyst/projects/uk-projects-2014/

Speakers at the seminar will include senior programme managers and a China (Guangdong) market specialist:

0730 Registration and coffee

0800 Breakfast

0830 Presentations

“Chinese Reverse Innovation” by Dr. Simone Corsi, Lancaster China Catalyst Programme Manager

“The Lancaster China Catalyst Programme: Benefits for UK Companies” by Mark Beresford, UK China Project Manager, Lancaster University

“Doing Business in Guangdong and China” by Dr Kegang Wu, Chief Representative, Guangdong Economic and Trade Office in the UK

0930 Q&A

1000 Networking and One-to-one with the Lancaster China Catalyst project team

Speaker profiles can be found in the BCC LinkToChina website –Speaker profiles

Strong interest has already come from UK companies so far signed up in environmental, low carbon/energy, health & well-being, advanced/high value manufacturing, transport, ICT, Semiconductor Lighting (LED), New Energy Vehicles, Biotechnology, High Tech Equipment Manufacturing, New and Advanced Materials, digital and creative sectors which aligns well with Lancaster University’s specific area expertise.

The Lancaster China Catalyst Programme is interested in companies in a broad range of sectors.

The seminar is free and places are limited. Criteria applied.

Free parking available. Click the link for a location map and directions to the Mansion House, Wokefield Park

For registration please complete the online contact form. For further information please contact Thames Valley Chamber of Commerce on 01753 870500 or BCC LinkToChina on 01753 870571

Companies interested in having an one-to-one with the speakers and the project team are invited to complete an Expression of Interest form which can be obtained and returned to Thames Valley Chamber of Commerce or BCC LinkToChina – info@linktochina.org.uk

 

 

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