+386 2 220 12 38

Welcome to Slovenia

Program & Event

  • Date:

    09. - 10. November 2015

  • Timing:

    08:00 am to 07:30 am

  • Address:

    Pohorska ulica 59,2000 Maribor,Slovenia

  • Event Type:

    Bussines Event

  • Room:

    Conference hall

  • Audience

    General Public

  • Phone Number:

    +386 2 220 12 38

  • Email:

    maruska.dvorsak@maribor.si

SLOVENIAN – CHINESE ECONOMIC FORUM

China is the world's second biggest economy with a nominal GNP of 10 trillion USD in 2014. With regard to Purchasing Power Parity, China has toppled the United States to become the largest economy, with more than 17 trillion of international dollars. In 2015 the amount of Chinese outward investment is, for the first time in modern history, greater than foreign investment in China; outward investment reached 116 billion USD and is expected to grow more than 10% over the next 5 years. Currently only 6% of the total amount of Chinese outward investment is in Europe, although China became the biggest investor in Germany in 2014. The Slovenian and Chinese governments have signed a trade agreement. 

Annual growth of the Chinese economy in 2015 is expected to show an increase of 6.8% in GNP. Average income per capita in China in 2014 is 7.340 USD. The Chinese provinces which are collaborating with the City of Maribor have the following GNP growth: Zhejiang 7.6%, Jiangsu 8.7%, Chongqing 10.9%, Jinagxi 9.7%, Shanghai 7.0%, Guangdong 7.8%. Chinese partner cities have the following income per capita: Hagnzhou 16.937 USD, Chongqing 7.852 USD, Ningbo 16.200 USD, Huai'an 8.425 USD, Yancheng 7.883 USD, Shanghai 15.880 USD, Wuxi 18.700 USD, Shenzhen 24.084 USD.


The Forum will take place between 9th and 10th November 2015 in Maribor at the conference hall of the Habakuk Hotel.

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Presentation of the country

Official name: Zhonghua Renmin Gongheguo / People's Republic of China

Country code: CN / CHN

Capital: Beijing

Largest city: Shanghai

Area (km2): 9,561,000

Population (mio): 1,355.7 (2014 estimate)

Official language: Chinese (many varieties of languages and minority languages)

GDP per capita: 5,744 EUR (2014)

Currency: Chinese Yuan Renminbi (CNY)

Time zone: Slovenia +7 (GMT + 8)

Calling code: + 86

China is divided into 22 provinces (Anhui, Fujian, Gansu, Guangdong, Guizhou, Hainan, Hebei, Heilongjiang, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Jilin, Liaoning, Qinghai, Shaanxi, Shandong, Shanxi, Sečuan, Yunnan, Zhejiang), 5 autonomous regions (Guangxi Zhuang, Inner Mongolia, Ningxia Hui, Xinjiang Uighur, Tibet) and 4 municipalities (Beijing, Chongqing, Shanghai, Tianjin).

Source: https://sl.wikipedia.org/wiki/Upravna_delitev_Kitajske


Governance

Political system: single-party rule of the Communist Party of China (CPC)

Legislative authority: monocameral National People's Congress (NPC)

Elections: President Xi Jinping; Vice President: Li Yuancho

Executive authority: Prime minister: Li Keqiang

China is a member of the IMF (International Monetary Fund), the WTO (World Trade Organisation), ASEM (Asia-Europe Meeting) and APEC (Asian Pacific Economic Cooperation). It signed a Free Trade Agreement with New Zealand and the ASEAN group (Association of Southeast Asian Nations).

Economic policy of the government

Chinese leaders want to facilitate the liberalisation of the economy, stimulate economic growth and at the same time maintain political control. The government is striving to balance the economy, which depends on high rates of investment expenditure. In the coming years the country will make an effort to continue the financial liberalisation, the reform on financing local communities, the centralisation of control over the judicial system, a program which should improve the productivity of state-owned enterprises, and the reform of the household registration system (hukou).

In 2014, the inflation rate was 2.1% and in 2015 it decelerated to 1.2%. In the period 2016 to 2017 it should reach an average annual value of 2.5%.

In 2014, the unemployment rate stood at 6.4%, the estimate for 2015 is 6.2%. By the end of 2017 it should decrease to 5.6%.

In 2014, the average gross annual salary in China amounted to €6.883. In 2015, the minimum monthly wage amounts to €288.

GDP and consumption structure

In 2014, the growth of the Chinese economy stood at 7.4%. The estimate for 2015 is 6.8%, for 2016 6.6%, and for 2017 6.2%.

In 2014, private consumption growth amounted to 7.5%. In the period 2015 to 2017 private consumption growth should sustain at similar levels.

In 2014, public consumption growth amounted to 8%. In the period 2015-2017 public consumption growth should sustain at similar levels.

In 2014, investment expenditure reached 7.2%. Analytics forecast a 5.3% growth in 2015, in 2016 and 2017 the growth of investment expenditure should amount to app. 5%.

Statistical indicators for the period 2016-2013

Economic sectors

China is the second largest economy in the world, the most densely populated country and the biggest exporter, which has the largest foreign reserve assets. It is one of the biggest producers and at the same time one of the largest consumers of agricultural products. China is the leader in the production of rice, cereals, potatoes, tea and cotton. Furthermore, sheep and pig farming as well as fishing are well developed. 9% of GDP comes from agriculture and it employs nearly 35% of the workforce, although China has little arable land, only 15% (1.2 km2).

China has large coal reserves. Coal is the primary source of energy in China and represents twothirds of the total primary energy consumption. China leads in extracting certain types of ores (titanium and phosphate), and has important gas and oil reserves. Along with coal it is the leading producer of zinc, lead and tin. It has large natural reserves of hydro-electrical energy. China is the fifth largest oil producer in the world; it produces 3.8 million barrels annually.  
Industry and the building sector create almost half of GDP. The industrial sector employs 30% of the workforce. Because of its cheap workforce China is one of the most attractive destinations for a relocation of production sites. Over half of Chinese exports are created by companies with foreign capital. The service sector is not very well developed, because of public monopolies and strict regulations; it represents 48% of GDP and employs 36% of the working population.

In China the state sector is almost as important as the private sector. It creates over 40% of GDP.

Industrial sector

In China, the industrial sector creates 44% of the GDP and employs 30% of the working population. Because of its cheap workforce China is one of the priority destinations for relocating global production units. The main branches of Chinese industry are coal mining, metallurgy, the processing of ferrous metals, aluminium and other metals, mechanical engineering, military industry, chemicals, electronics, textiles and footwear, as well as the automotive industry, construction industry, shipbuilding and the manufacture of consumer goods.

Automotive industry

Chinese automobile production includes international and local producers, like General Motors, Dongfeng, Volkswagen and SAIC.

The strength and the prestige of a trademark are very important factors in the Chinese market. Therefore it is very hard for new competitors to enter the market, especially because of producers like Volkswagen and SAIC. Due to high production costs, car design and economy of scale start-ups are very rare.

The most important competitors on the market are: Volkswagen AG, SAIC Motor Corporation Limited, General Motors Company, Dongfeng Motor Group Co. Ltd.

Construction industry

In 2013, the Chinese construction industry created €1,281.12 billion in total earnings. Civil engineering was the most profitable segment, as in 2013 it created €590.69 billion earnings – 46.1% of the total industry value.

The Chinese construction sector grew by 1.6% in 2013 and reached a value of €1,281.12 billion.

External trade

In 2014, China had a surplus in the goods trade of €358 billion. It imported goods in the amount of €1,412 billion and exported goods in the amount of €1,770 billion. Electrical and electronic equipment, machinery, equipment and mineral oils were among the main products imported. The most important import markets were Korea, Taiwan, Japan, USA and Germany. They exported chiefly electrical, electronic equipment and hardware, furniture, textiles, optical, technical and medical equipment. The leading export market in 2014 was USA, with 17% of total exports.

Foreign Direct Investment

In 2010, the total inward foreign direct investment in China amounted to €1,805.7 billion. The total outward foreign direct investment in 2011 amounted to €305.6 billion, the average annual outward foreign direct investment growth rate from 2009 onwards stood at 31.5%.

Structure of foreign direct investment

In the period from January 2003 to April 2014 a total of 13,557 projects with foreign direct investment were recorded in China, which amounted to €763 billion. The average value of investment per project was €56.3 million. In this way, 3,572.941 new jobs were created.

The main motive for investments was the growth of the domestic market. Another important reason for investment in China is the vicinity of the market or the customers and the existence of industrial clusters.

Structure of inward FDI according to the investor countries in the period 2003–2014

Investor country

No. of new jobs created

No. of projects

No. of companies

Scope of investment (in mio €)

USA

818,637

3,758

2,128

164,259.0

Japan

560,134

2,051

1,063

88,825.5

Germany

330,763

1,135

544

76,037.2

Great Britain

119,911

813

507

33,310.8

Taiwan

316,620

663

323

53,428.5

France

110,878

572

316

27,078.1

Hong Kong

212,697

501

264

54,140.7

South Korea

186,811

468

217

46,220.2

Singapore

178,843

335

164

39,149.6

Canada

54,527

316

201

12,849.5

Other countries

683,120

2,945

1,854

167,730.6

Total

3,572.941

13,557

7,551

763,029.6

Structure of inward FDI according to branches in the period 2003–2014

Branch

No. of new jobs created

No. of projects

Scope of investment (in mio €)

Electronic components

299,928

739

37,271.9

Auto parts

223,788

764

22,040.0

Chemicals

192,325

1,135

82,615.3

Software and IT services

179,257

957

12,444.5

Industrial machinery and equipment

168,254

1,094

14,690.0

Financial services

163,611

1,160

67,912.3

Transport

128,110

661

32,987.4

Metals

116,602

592

24,597.5

Plastics

53,307

490

11,590.8

Business services

46,086

955

13,324.9

Other branches

2,001.673

5,010

443,555.3

Total

3,572.941

13,557

763,029.6


Most important foreign investors in the period 2003–2014

Company

No. of new jobs created

Scope of investment (in mio €)

Volkswagen

54,309

15,723.4

Toyota Motor

34,654

6,881.2

Siemens

19523

1,761.1

BASF

17,669

10,707.8

IBM

15,267

1,544.3

Mitsubishi Corporation

14,768

3,265.5

Starwood Hotels & Resorts

14,560

5,795.4

General Electric (GE)

13,856

1,906.3

Sumitomo Group

12,806

2,101.9

HSBC

7,869

5,267.4

 

Source: http://www.izvoznookno.si/Dokumenti/Podatki_o_drzavah/Kitajska/Predstavitev_drzave_4323.aspx 

9 November
 

8.30 Registration
9.00 Welcome and opening of the Slovenian–Chinese Economic Forum
9.05 Dr. Andrej Fištravec, Mayor of Maribor
9.10 Mag. Tanja Strniša, State Secretary, Ministry of Agriculture, Forestry and Food
9.15 Tomaž Mencin, Ambassador, Acting Head of Department, Ministry of Foreign Affairs
9.20 Zhao Xiufen, Economic & Commercial Counsellor, Embassy of the P.R.C. in the
Republic of Slovenia
9.25 Presentation of Maribor - Marko Kovačič, Advisor to the Mayor, Municipality of Maribor
10.05 Presentation of Fujian province – Li Hong, Deputy Director General of the Foreign
Affairs Office of Fujian province
10.15 Presentation of the Chinese city of Chongqing – Mr. Tang Wen, Deputy Director-
General of Foreign and Overseas Chinese Affairs Office of Chongqing Municipal Government and
Mr. Zhang Xiaojiang, First Vice Mayor of Jiangjin District Government
10.35 Presentation of the Chinese city of Huai'an – Mrs. Lu Changsu, Vice Chairperson, CPC Huai'an Municipal Committee
10:45 Presentation of the China Development Bank – Mr. Wang Yasheng
11.15 Networking and coffee break
11.30 Lightning Talk: investment opportunities in Slovenia

11.30 Business Zone INTO Studenci

11.35 Airport

11.40 Recycle – zero waste

11.45 Football – sports collaboration

11:50 Marles

11.55 Nipa – promotion pavilions

12.00 Lunch
12.45 Presentation: Investment Policy (Search for investments, Assistance in China and abroad), Nie Sha – Director of the Information Department, Invest in Shanghai
13.30 Presentation of TAM Durabus – Brian Chao, Financial Director
13.45 Presentation of brand Vinag – Gregor Šerbino
14.00 B2B Meetings
15.30 Networking – end of first day
17.00 Sightseeing tours: tourist attractions of Maribor
19.00 Dinner at Mond Casino & Cabaret
 

10 November
 

8.30 Registration
9.00 Opening of Slovenian-Chinese Economic Forum – Chamber of Crafts – Leonida
Polajnar, secretary
9.10 Themes and Opportunities 1: Tourism
       9:10 Maribor Pohorje Tourist Board – Janja Viher
       9:20 Martura d.o.o. – Dominik Dukarič
9.30 Themes and Opportunities 2: Banking
        9:30 SID Bank – Leon Lebar
9.45 Themes and Opportunities 3: Industr
       9.45 Business Zone Tezno – g. Gorazd Bende
       10.00 Logistics centre near airport – Dr. Sašo Murtič,
        Aleš Janžovnik (Savaprojekt d.d.)
10.15 Silk road: How to intercept geopolitical and current macroeconomic changes
Natalino Giolo, director Hadriae tau d.o.o.
10.30 Coffee break
10.45 Round Table: Influence of the Modern Silk Road between Europe and China on
political and economic cooperation Fu Tian Fu, CEO of Fujian Chunlun Tea Group Co.Ltd.
Wei Fusheng, deputy director of Chongqing State-owned Assets Supervision and Administration Commission
Shao Zhenyu, Secondary Secretary Economic & Commercial Counsellor's Office
Dr. Jože Gričar, professor Emeritus at the University of Maribor
Marko Kovačič, Advisor to the Mayor, Municipality of Maribor
Moderator: Jure Stojan, DPhil
12.30 Lunch
13.30 B2B Meetings
15.30 Sightseeing tours:

  • Henkel

  • Palfinger

19.30 Dinner event in Vinag

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CONFERENCE FEE: 220€
A limited number of probono Vouchers can be reached at:

For companies:
- GZS - Gospodarska zbornica slovenije (za člane); email: matej.rogelj@gzs.si
- OOZ - Območna obrtna zbornica maribor (za člane); email: leonida.polajnar@ozs.si
- ŠGZ - Štajerska gospodarska zbornica (za člane); email: vesna.hrzenjak@stajerskagz.si
- For local Maribor companies - Municipality of Maribor, email: maruska.dvorsak@maribor.si

For other individuals:

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B2B appointment termins: 09.11.2015 and 10.11.2015 from 14:00 to 15:00

For all changes in B2B appointments or booking to new termins send email to b2b@investinmaribor.si


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