Featured Article 08 Feb 2013

While Ireland and China are separated by a vast geographical distance, increasingly this distance is being bridged by a range of trade, investment and cultural linkages.

The two countries drew much closer together in 2012 when then Vice-President Xi Jinping visited Ireland for three days, meeting Ireland’s political establishment and observing many of Ireland’s most important industries first hand.

While trade links remain modest at present, they are expanding and China has shown a willingness to partner with many key Irish industry sectors. In terms of Chinese outbound investment into Ireland, momentum is also visible and IDA Ireland has been encourgaging this trend in the last year.

Ireland now plays host to many leading Chinese firms, many of them with a global footprint. For
example ICBC Financial Leasing has an operation in Ireland in the field of aircraft leasing. Ireland also plays host to global telecoms giant Huawei, which recently announced plans to expand its research and development (R&D) arm in Ireland.

Ireland has the advantage of allowing Chinese companies to link up the disparate parts of their global operations in one hub. Ireland as a hub is perfectly placed between north America and Europe allowing companies to fulfilll their global ambitions from locations like Dublin and other Irish cities.

Chinese companies looking to internationalise their business are likely to increasingly consider Ireland in future,as many of China’s domestic companies gradually become globally recognised brands.

About Chinese New Year Festivities in Ireland

Established in 2008 the Dublin Chinese New Year Festival (DCNYF) showcases the best of Sino Irish Culture in Ireland and 2013 marks the sixth year of this internationally recognised festival.

As Dublin continues to build on its twinning with Beijing, the festival prepares to deliver a high profile cultural programme including the Third Chinese Film Festival at the Lighthouse Cinema, a special Spring Festival partnership with the Council of Europe Intercultural Cities Conference - an official part of Ireland hosting of the European Presidency, the main DCNYF Carnival on Chinese New Year’s Day, Traditional Dragon and Lion dances, a Sino-Irish Business Seminar, the DCNYF Lecture series, a Children’s Programme, an Arts and Music Programme, a special project linked to The Gathering 2013, Martial Arts, Sports and much more.

Click here to get more information http://www.cny.ie/

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