Maltese companies are being encouraged to attend the Canton Fair, which is celebrating its 60th anniversary next year.
The 121st edition of the fair, whose slogan is ‘A bond of friendship, a bridge for trade’, will be held in Guangzhou from April 15 to May 5.
The China Import and Export Fair, as it is officially known, has generated exports of over $1.2 trillion, with the total number of overseas buyers reaching 7.64 million.
Around 186,000 overseas buyers were expected to visit the 2017 Spring fair, from over 200 countries and regions, with 24,000 exhibitors taking part, Ma Chunzhi, vice president of the China Foreign Trade Center, said at the launch.
Malta Chamber president Anton Borg said: “It is important to appreciate the changing nature of the role of the Chinese economy in the world. Since China’s economic miracle, it has come a long way from its role as a high cost-effective manufacturer. Today, China is the world’s biggest exporter and the world’s second largest economy. Projections go as far as predicting that it is only a question of time before it will be the largest.”
“Malta provides Chinese investment a unique entry point to two vast economic regions – the European Union and North Africa. Chinese investment in Malta in areas such as energy generation and mobile telephony is already providing new opportunities on our shores.”
www.cantonfair.org.cn
[attach id="550992" size="large"]Company CEO and Neurotech director Wolfgang Storf (right) and company founder and Neurotech executive director Adrian Attard Trevisan[/attach]
Positive debut for AAT Research trading
Of the 12 companies listed on the Australian Securities Exchange (ASX) in November, Neurotech International had the best first-day performance with a 42.5 per cent gain.
This positive momentum has since continued, with the share price now trading more than 100 per cent higher than issue price.
Neurotech International is the parent company of Malta-based AAT Research that designs and develops quality medical solutions in the neuroscience space. It floated on the ASX on November 4.
JTC launches expatriate pension service
JTC has launched a new international pension service through its operation in Malta aimed at supporting UK expatriates globally.
Gemstone has also been approved by HM Revenue and Customs to operate as a Recognised Overseas Pension Scheme (ROPS).
JTC established a presence in Malta in 2014 in order to strengthen its presence within Europe. It was approved to provide a range of fiduciary services last year and was registered as a Company Service Provider in 2014. It has now also been formally licensed as a Retirement Scheme Administrator by the Malta Financial Services Authority (MFSA).
RSM ‘energised’ by move to new offices in Żebbuġ
Mid-tier audit, accountancy and advisory firm RSM has moved to new offices in Żebbuġ following a substantial investment.
RSM is an active member firm of RSM International, and employs 120 professional staff across various disciplines including accounting, audit, corporate services, IT, tax and risk management.