By Daniel Hunter

North East firms are being urged to go East to expand their export potential in China.

As part of its programme of Market Visits, UK Trade & Investment (UKTI) will be taking a delegation from the region to Wuhan and Shanghai between 17 and 25 May 2013, to enable companies to find out more about the market and meet potential customers.

Wuhan, the capital of the Hubei province, is a commercial centre of finance, industry, trade and science with many international companies located there. With three national development zones, four scientific and technologic development parks, over 350 research institutes and 1,470 hi-tech enterprises, Wuhan offers global competitive strength in most business fields.

Delegates will receive expert support from Dr Zhengming Yang, UKTI’s North East Business Development Manager for the China market, who can help firms develop their export strategy and further their understanding of business in China.

Other advantages of attending the market visit include having the security of a group visit accompanying other firms seeking a similar experience, a financial contribution of £750 available to eligible companies and a pre-organised itinerary of business appointments and identified contacts who have already expressed interest in delegates’ products and services.

Dr Yang said: “Market visits are an ideal way for businesses to explore export opportunities in a supportive group with expert guidance.

“Wuhan offers limitless business opportunities and already more than 5,000 foreign companied have invested in Wuhan or incorporated there.

“Places on the market visit must be booked and numbers are limited, so if a company is interested in taking part, they need to get in touch as soon as possible and by 11 March at the latest.“

'Open to Export' is a UK Trade & Investment (UKTI) initiative in partnership with hibu plc (formerly Yell Group).

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