Wednesday May 27, 2015 Search
Weather | Athens
14o C
09o 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

China’s 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 country’s 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 country’s 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 tender’s 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 Piraeus’s activity.

ekathimerini.com , Monday April 28, 2014 (22:49)  
Resolve Greece talks soon to avoid crisis, says US´s Lew
Economic sentiment weakens in Cyprus in May, says survey
ECB said to leave emergency aid level for Greek banks unchanged
A guide to Greece´s debt crisis and what´s at stake
Greece says deal with creditors is close; markets cheer
Greece's prime minister said Wednesday that his country is close to reaching a deal with its bailout creditors, prompting European stock markets to jump on hopes of a breakthrough in the slo...
Falling museum visitor grabs at, smashes ancient Greek vase
Greece's culture ministry says a millennia-old pottery vase in a southern museum has been damaged after a visitor who lost her balance tried to hold onto the exhibit and crashed down with it...
Inside News
SOCCER
AEK Athens returns to top league after financial collapse
Greek club AEK Athens has just returned to the country's top soccer league, two years after financial collapse sent it to a lower league. One of the country's largest clubs, AEK sealed its s...
SOCCER
Berg brace gives Panathinaikos four-point lead
Panathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super League play-off mi...
Inside Sports
COMMENTARY
Romantic notions meet reality
Before the elections, there was a considerable number of people who totally disagreed with the ideas and program put forward by SYRIZA, but they expected that the leftist party would, at lea...
EDITORIAL
Solving the Gordian Knot
The leftist-led government, as well as the country, have both been seriously damaged and exposed to risk from the evident indecision and repeated contradictions dogging the ongoing negotiati...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greece says deal with creditors is close; markets cheer
2. Falling museum visitor grabs at, smashes ancient Greek vase
3. Greece says has begun drafting agreement with creditors
4. Technical teams from creditors and Greece drafting agreement, says gov´t source
5. Resolve Greece talks soon to avoid crisis, says US´s Lew
6. Commissioner Avramopoulos calls for EU solidarity on immigration issue [Update]
more news
Today
This Week
1. Some 300 mln left banks on Tuesday
2. Romantic notions meet reality
3. Target of Greek scorn shapes nation’s fate as IMF’s storm-chaser
4. Solving the Gordian Knot
5. The G-7's problem: Can the world deal with a Greek default?
6. ECB said to leave emergency aid level for Greek banks unchanged
Today
This Week
1. Conspiracy madness
2. National self-awareness put to the test
3. Albanian demarche raises concerns about possible territorial claims over Greece
4. Hotel contracts with a ‘Greek default clause’
5. Neither Grexit nor a dual currency will solve Greece’s problems
6. Merkel said to plan address for Greece if deal reached
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.