Thursday March 5, 2015 Search
Weather | Athens
20o C
11o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Greece ideal for Chinese exports

 Ambassador to Athens invites his compatriots to scan the local market for investment opportunities

Chinas ambassador to Athens, Zou Xiaoli, invited the Chinese corporate community to invest in Greece when he addressed the 3rd Greek-Chinese Business Conference in Athens on Monday, highlighting the significance of the Mediterranean countrys geographical location for the distribution of Chinese products to the European market.

Xiaoli called on his compatriots to visit Greece and investigate emerging investment opportunities, adding that the financial situation has improved and the climate is much more favorable.

Since the entry of the Cosco group in the port of Piraeus in 2009, China has been investing regularly in Greece and has evolved into one of the countrys most important economic partners during the crisis.

The conference ended with the signing of a cooperation agreement for the promotion and strengthening of Greek-Chinese investment and trade relations.

According to data presented at the conference by the vice-president of the Foundation for Economic and Industrial Research (IOBE), Panayiotis Athanasopoulos, in the last three years Greek exports to China have been posting an annual growth rate of 40 percent to exceed 420 million euros in 2013, while Chinese imports to Greece have grown above 2.2 billion euros on a yearly basis.

The number of Chinese tourists in Greece has risen by 202 percent from 2008 to 2013, added Athanasopoulos, thanks to the introduction of a direct flight between Beijing and Athens in 2011, though their number remained at relatively low levels, just 28,300.

Cosco, meanwhile, is officially among the six groups bidding for a 67 percent stake in Piraeus Port Authority after the completion of the tenders first stage on Monday.

The other five groups are Maersk Group subsidiary APM Terminals BV, Cartesian Capital Group LLC, International Container Terminal Services Inc, Ports America Group Holdings and Utilico Emerging Markets Limited. Cosco is the strong favorite to win the tender given it already controls about two thirds of Piraeuss activity.

ekathimerini.com , Monday April 28, 2014 (22:49)  
Draghi ties ECBs Greek funding to bailout compliance [Update]
Cyprus wins ECB chief praise on road to renewed growth
ECB says willing to restore financing for Greek banks once deal is reached
Court blocks sale of luxury Astir seaside resort
Venizelos wont be called to give evidence in Papaconstantinou trial
Former Finance Minister Evangelos Venizelos will not give evidence at the trial of his predecessor Giorgos Papaconstantinou, it was decided on Thursday. Papaconstantinou is being tried in a ...
Fugitive spotted and caught near Corinth
One of three men who escaped from a police holding cell in Corinth, west of Athens, on February 27 was recaptured on Thursday. Police said that a member of the DIAS motorcycle-riding squad s...
Inside News
SOCCER
Greece need to attack more, new coach Markarian says
Greece coach Sergio Markarian said Thursday he wanted Greece to play more attacking football against Hungary in a Euro 2016 qualifier on March 29 as his side strive to move off the bottom po...
SOCCER
Super League restarts, but behind closed doors
Deputy Minister for Sports Stavros Kontonis announced on Wednesday the resumption of the Super League this weekend after it was suspended last week following crowd trouble at the Athens derb...
Inside Sports
COMMENTARY
Greek-Turkish relations
There are other issues beyond those focusing on the economy that the government, formerly of the Indignants and currently adapting willingly or unwillingly to eurozone realities, is fa...
EDITORIAL
Government policy
The issue of irregular immigration is taking on serious dimensions on an international level, while in Greece it is bordering on crisis levels. The governments duty is to handle the issue w...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Venizelos wont be called to give evidence in Papaconstantinou trial
2. Fugitive spotted and caught near Corinth
3. Suspected Xeros helpers detained after refusing to answer questions
4. Missing persons committee apologizes for remains mix-up
5. Draghi ties ECBs Greek funding to bailout compliance [Update]
6. Greece need to attack more, new coach Markarian says
more news
Today
This Week
1. Greek-Turkish relations
2. Greece struggles to make debt math work amid bailout standoff
3. Greece seeks to plug its 'Bermuda Triangle' of lost taxes
4. Greece has backup plan if March bailout cash fails to arrive, says Varoufakis
5. Draghi details sought as ECB's QE plan poised to be fleshed out
6. Government policy
Today
This Week
1. Greece to make international protest over Turkey reserving Aegean air space
2. A fierce battle looms
3. SYRIZA feeling the pain
4. The Greek tax drama
5. The unlikely winners of Greece's surrender on euro
6. Varoufakis to make six reform proposals at Monday's Eurogroup
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.