International Visit to China
Eight of London’s fastest-growing B2B tech companies are visiting Shanghai, Shenzhen and Hong Kong from the 18-21 September in a drive to forge stronger trade links, win new business opportunities and show that London is open for business.
The businesses travelling to China represent some of the most innovative B2B tech companies in London, spanning medicine, education and fintech. They include Boclips, the world’s largest video library for education, Medical Realities, a VR teaching and training platform for medical students, and Opportunity Network, which connects CEOs and business leaders with potential mergers and acquisitions.
China and London have long-standing business connections. The amount of Chinese investment into London has increased more than ten-fold since 2006. In the first half of 2017, Chinese investors have committed £180 million to the capital, nearly double the amount seen in the first seven months of 2016 (£53 million).
“China is the fastest growing large economy in the world and is emerging as a tech and innovation powerhouse. It makes perfect sense for these companies to visit the country and develop closer ties. London and China already have an excellent trading relationship and I wish these eight companies the best of luck as they look for new trade and investment opportunities.”
Rajesh Agrawal, Deputy Mayor for Business
“Since the early days of BridgeU, developing a strong presence in Asia has been crucial to our mission of helping young people globally to bridge the gap between school and the future. As a London-based start-up, we have been able to establish a significant footprint in the wider region, thanks to the help of our partners and investors. I look forward to continuing this overseas expansion with the help of the Mayor’s International Business Programme."
Lucy Stonehill, CEO of BridgeU
The four-day trade mission is being led by the Mayor’s International Business Programme in partnership with BDO.