PRESENTATION OF THE CHINA TRADE CENTER

 

In order to intensify cooperation between Serbian and Chinese companies, Belgrade Chamber of Commerce organized the presentation of the CHINA TRADE CENTER to the Belgrade business community. The participants also included representatives of the Embassy of the Republic of China in Belgrade, Belgrade municipalities, and media.  

The CHINA TRADE CENTER, a unique wholesale centre in the region biuilt by DIPLON company, besides being the tourist attraction will also present the potential solution to many utility and economic problems of the City. The value of the so far largest Chinese investment in Serbia is 35 million EUR.

The CTC is located by the Highway 20 and after completion of the second phase next year it will cover 53,000 m², that is, it will include 300 chops. After completion of the third phase, another 70,000 m² will be added and total of over 1,000 workers employed. The Center is planned to have a modern business space and a storage for wholesale. The founder of the CTC, Mr. Zhou Haiying remarked that the goal of the Centre was to enable the SMEs from China, Serbia, and other neighbouring countries to present their products in a quality way, to establish contacts and develop trading activities. The opening of such Centre introduces the modern concept of operations that will ensure better quality control and operations and reduce the grey economy level.

So far, the area of 15,000 m² under 130 shops, offices and storage space has been completed and occupied already by companies from Serbia, China, and Turkey. After completion of the third phase, the Center will have the culture center, VIP business launge, fittness center, spa complex, swimming pool, tennis playground. It will be not only the retail and wholesale centre for the goods from China, but also the location of the regional offices of various manufacturers.

Advisor in the Embassy of the Republic of China in Belgrade, Mr. Ren Yi, remarked that the Chinese Government provides full support to the work of the Chinese Trade Center that will provide the citizens of Serbia and other countries in the region with the quality goods only.

Belgrade Chamber of Commerce and Chinese Trade Center signed the Agreement on Business and Technical Cooperation. The Agreement was signed by the founder of the CTD, Mr. Zhou Haiying and President of the Belgrade Chamber of Commerce, Mr. Milan Janković who said that the Chamber would provide assistance to all Chinese companies intending to register a company in Belgrade.

Assistant Minister of Finance of the Republic of Serbia, Mr. Zoran Ćirović, said that the Government of Serbia actively worked on intensifying the business relations with China. He reminded that the agreed joint projects included the bridge over the Danube in Belgrade worth 170 million EUR and purchase of the high tech Chinese equipment for non-evasive control of trucks and containers for the customs purposes, for which the Eksim Bank is to provide the loan under favourable terms. Mr. Ćirović added that in 2010, with the help of the Chinese loans the reconstruction of certain thermal power plants in Serbia could be expected.

The meeting also tackled the issue of Chinese investments in development of local potentials, as a precondition of successful and long-term business operations benefitial both for investors and the City of Belgrade.