Croatian companies have a chance for further growth and more exporting should Croatia decide to deepen its business ties and cooperation with China, the country which is currently undertaking the mammoth task of constructing Pelješac bridge.
As Suzana Varosanec/Poslovni Dnevnik writes on the 31st of March, 2019, at the 8th Summit of heads of government of central and eastern European countries and China, which will be held from the 9th to the 12th of April in Dubrovnik, the “Dubrovnik Guidelines” document is expected to be adopted, which will lay out the activities in this format in the forthcoming phase.
The summit on the EU and China set to take place in the Belgian capital of Brussels on the 9th of April is expected with interest, and Chinese Prime Minister Li Keqiang is coming to Croatia. There are bilateral talks between Keqiang and Prime Minister Andrej Plenković on the agenda, as well as the signing of several already concluded bilateral agreements in Zagreb. In line with the things that are set to be dealt with and concluded at the summit, Croatia and China could strengthen their blossoming cooperation with as many as ten brand new agreements. Other major Croatian expectations for the strengthening of overall relations with China are also awaited with gritted teeth, with the greatest interest being expressed in the areas of infrastructure, tourism and SMEs.
After the construction of Pelješac bridge, which is being built by China’s CRBC, will yet more new infrastructural advances, such as the modernisation of Croatia’s railway system, soon come to pass? The plans are also for the Chinese and Croatian prime ministers to visit this huge construction site down in southern Dalmatia. The Chinese delegation will consist of around 250 members, and that isn’t including the 300 business community representatives coming to the 9th business forum ”16 plus 1”.
A total of more than 700 entrepreneurs have been registered, and many opportunities are on offer to Croatian companies when looking at entering the giant Chinese market, meaning that the initiative is on them. B2B meetings can be arranged with the help of an application created by the Croatian Chamber of Commerce (HGK), and as Croatia’s SME coordinator, it will officially launch the 16 + 1 coordination mechanism for small and medium-sized enterprises. The major promise for Croatian companies which operate within a multitude of different sectors lies in exports when it comes to deeper cooperation in doing business with China.
Croatia’s visibility for the Chinese is continually growing, by about fifteen percent annually, while the number of tourists from China has increased by an enormous 120 percent over the past two years alone. In 2019, a record 300,000 Chinese tourists are expected to visit Croatia, which is the fastest growing market in the whole of the Republic of Croatia.
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