Sheffield prepares for new era of UK-China trade
We’re working with Sheffield Chamber of Commerce to establish a new Sheffield Confucius Business Gateway for China in the North.
Following the announcement of the largest investment by China in the UK outside of London, we’re joining forces with partners to establish a world-class Sheffield Confucius Business Gateway for China in the North.
The announcement is being made today [27 July 2016] in China by our Vice-Chancellor Professor Sir Keith Burnett as he meets with Sheffield Confucius Institute partners in Nanjing – formerly the capital city of China, which has a population the same size as London.
Last week Sheffield City Council announced a 60-year partnership, worth £1bn, with Sichuan Guodong Construction Group.
Our Vice-Chancellor is a longstanding advocate of UK-Chinese partnership and is convinced that long-term partnership with China is vital to the UK and will create jobs and prosperity in both nations. He said: "China is a quarter of the world's population and we face many similar challenges around energy, sustainable jobs and healthcare as our populations age. If we can pool our expertise and energy over years and decades, we have the potential to do real good in the world and to bring a powerful boost to the future economy of the UK's Northern Powerhouse."
If we can pool our expertise and energy over years and decades, we have the potential to do real good in the world and to bring a powerful boost to the future economy of the UK's Northern Powerhouse.
Chief Executive of the Sheffield Chamber of Commerce, Richard Wright, agrees. He said: "It is fantastic that Sheffield is leading the way in securing inward investment opportunities from China, but we want to develop the kind of business community and culture that is really ready and able to take advantage of these opportunities and to build long-term partnerships between the UK and China.
"The Chamber of Commerce has worked with the Confucius Institute for some time on business language and understanding, but we need to take that to a new level. If we get this right, I am confident we can help to make Sheffield the landing place for China in the North, drawing in particular on the strong existing links with China through the University, Sheffield City Council and existing investors like New Era Development.
"I am delighted that the University is so actively supporting this essential context through its extensive Chinese contexts and staff and students with vital expertise in supporting international exchange and collaboration."
Central to helping create a highly-skilled support structure for businesses from both nations is our Confucius Institute.
Director Dr Lucy Zhao, who is in China with our Vice-Chancellor, said: "How does the Confucius Institute support this joint vision for the UK and China? Confucius Institutes around the world are committed to building bridges with China, but in Sheffield we have worked with our Professor Sir Keith Burnett to develop a very strong focus on industry and health.
"We have worked with the Sheffield Chamber of Commerce not only to teach business Chinese language and business culture to local company leaders, but also to help translate and facilitate for inward investment and the New Era Square development.
"We know though that if we are truly to be the landing place for China in the North of England, we need to make the most professional and culturally adept point of welcome. We are determined that we make the bridge between China and Sheffield as easy as possible for both sides to navigate, using students from our internationally-leading Department of East Asian Studies and our talented Chinese students to support this. It is really a tremendous opportunity for everyone."
Edward Highfield, Director of Creative Sheffield, has also warmly welcomed the initiative, which will help deliver long-term genuine collaboration and benefits for the region and the North.