Huawei identifies Türkiye as gateway to Europe for Chinese firms

Huawei identifies Türkiye as gateway to Europe for Chinese firms

Chinese telecommunication large Huawei highlighted Türkiye as a rustic that gives quite a few benefits by way of investments and growth of Chinese enterprises to Europe in the course of the China-Europe Leadership Forum held in Beijing.

The discussion board, organized by the corporate’s cloud computing department Huawei Cloud, had a piece named “Türkiye: New Destination for Investments,” showcasing the nation as a gateway for Chinese corporations that need to increase their attain to Europe.

Huawei Cloud introduced “The Two 100s” initiative in the course of the occasion, which goals to assist 100 Chinese manufacturers and 100 software program companions to increase their international market share by investing in Europe.

Zhang Xiuzheng, vice chairman of Huawei and president of Huawei Cloud China, delivered a speech on the occasion, emphasizing their purpose to supply high quality info and communications infrastructure with modern options to corporations that need to increase their companies on a world scale, underlining that cloud computing is the main focus.

Pan Jie, vice chairman of Huawei Cloud Europe, mentioned they’ve developed a sophisticated cloud computing infrastructure open to international entry, providing greater than 110 cloud companies designed for the wants and compliance procedures of seven European international locations, Ireland and Türkiye.

Atakan Özdemir, chief business counselor of the Embassy of Türkiye in Beijing, emphasised some great benefits of Türkiye’s geographical location for Chinese corporations in commerce with the European Union on the discussion board.

He highlighted that Türkiye is the most suitable choice for Chinese corporations that need to increase their business actions to Europe, the Middle East and North Africa, because the nation’s intensive land transportation community, ports and developed infrastructure are related to Europe, in addition to the already-in-place customs union and free commerce agreements.

He additionally identified that 27% of the merchandise China imports from abroad could be bought at extra economical costs in Türkiye.

Ahmet Serhat Turan, China consultant of Türkiye’s Presidential Investment Office, underlined on the occasion that 57 international locations and a inhabitants of roughly 1 billion could be reached with a four-hour flight from Türkiye.

He famous that Türkiye signed free commerce agreements with 28 international locations, and when the EU’s 27 international locations are added via the customs union, having a attain to just about 1 billion individuals with out customs tariffs is feasible by way of Türkiye.

In the subsequent two weeks, Huawei occasions shall be held in Dongguan and Shanghai.

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