Peter Manning Head of International Trade, Essex County Council

1. Peter Manning Head of International Trade, Essex County Council

3. Relationships Matter -Identifying Mutual Benefits Increase outward investment Promotion, intelligence Increase tourism Museum exchanges Civic reforms Training programmes Exports Seminars, networking

4. Ranking in China – GDP Total GDP US$ (2011) 1, Guangdong 838 bn 2, Jiangsu 759 bn 3, Shangdong 711 bn 4, Zhejiang 506 bn 5, Henan 427 bn 6, Hebei 379 bn 7, Liaoning 348 bn 8, Sichuan 340 bn Per Capita GDP US$ (2011) 1, Jiangsu 9545 2, Zhejiang 9038 3, In. Mongolia 8905 4, Liaoning 7788 5, Guangdong 7787 6, Shandong 7317 7, Fujian 7273 8, Jilin 5933

5. Jiangsu GDP (2010) 2005 - 2010 Average GDP Growth Rate: 13.5% (2011 = 9.2%) Service Industry: 40%

6. Attractive to foreign investors Paid-in Foreign Capital

7. 8 airports • 6 x 100m + ton ports • 124 universities and colleges • 1.65 million college students • Over 6,300 scientific research institutions • 8.6% of China’s total retail sales Sales of Consumer Goods

8. Reasons to be optimistic • Urbanisation only 50% complete • Movement of workers to private sector only 50% complete • Minimum exposure to toxic assets • Leverage of companies and households is low • Large stimulus early on and in 2012

9. Opportunities for Suffolk • Inward investment • Tourism • Exports • School links

10. Inward Investment

11. Tourism

12. Exports Source: FT

13. －new energy industry －biotechnology & new pharmaceutical industry －new material industry －energy saving & environment protection industry －software & service outsourcing industry －the internet of things Emerging Industries

14. School links

15. Peter Manning Head of International Trade, Essex County Council peter.manning@essex.gov.uk 07766 603440