Global EditionASIA 中文双语Français
Business
Home / Business / Macro

Chinese investment adds significant benefit to Dutch economy

chinadaily.com.cn | Updated: 2018-09-05 17:28
Share
Share - WeChat
Direct investment of Chinese enterprises in the Netherlands has contributed significantly to the development of the local economy. [Photo/VCG]

Direct investment of Chinese enterprises in the Netherlands has contributed significantly to the development of the local economy by increasing employment, promoting international trade and accelerating innovation, an executive said.

Roland Brouwer, executive director for China at Netherlands Foreign Investment Agency, said on Tuesday that Chinese companies in the Netherlands are very active in industries like information and communications technology, electronics and industrial engineering.

"China at this moment is launching preferential policies to encourage companies to go global," Brouwer said. "We believe the Netherlands will serve as an excellent gate to Europe for Chinese investors."

To date, Chinese companies have established over 680 branches in the Netherlands and created over 15,000 jobs for local residents. Bank of China, Industrial and Commercial Bank of China, and China Construction Bank have also expanded their businesses in Netherlands, according to Bas Pulles, minister and deputy head of mission at the Embassy of the Kingdom of the Netherlands in Beijing.

Chinese businesses in Netherlands are also growing rapidly. Huawei, for example, entered the Netherlands’ market in 2005 with a marketing office in Amsterdam. Now the company has developed multiple sectors, including logistics and treasury, with over 700 employees.

"The ties between China and Netherlands are already strong and long-lasting," Pulles said, adding businesses and cooperations in the high tech, pharmaceutical, food and e-commerce industries will see a boom in the near future.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE