Department for International Trade
DIT leads successful Trade Mission to China and Hong Kong
DIT leads trade mission for 7 Chartered professional bodies to build links with China and Hong Kong. Memorandum of Understanding signed between UK and China to enhance international education collaboration.
Seven Chartered professional bodies have this week joined the Department for International Trade (DIT) on a trade mission to China and Hong Kong. The DIT-led mission aimed to enable UK Chartered Bodies to develop and promote partnership accreditation links with universities, polytechnics, colleges and employers in China and Hong Kong.
The 7-day tour took place from 12-18 April and was organised as part of DIT’s Knowledge is GREAT campaign. Chartered professional bodies from a range of sectors including insurance, transport and science took part in a programme of networking, meetings and roundtables in Hong Kong, Shenzhen and Beijing to help develop connections with businesses.
Chartered bodies provide professionals with a formal credential as a mark of professional competency and include the Royal Society of Chemistry, the Association of Chartered Certified Accountants, Chartered Institutions of Highways and Transportation and the Chartered Management Institute.
During the visit a Memorandum of Understanding (MOU) was signed between the Ministry of Science and Technology of China and the DIT in the UK to enhance the exchange and collaboration of international professional talent.
The MOU is intended to develop the cooperation and exchange of international professional talent and the educational vocational training which underpins it, in so doing it will support top talent in science and technology in both countries. The news comes as trade between the UK and China continues to rise; in 2018 trade between the 2 countries increased by 2.3% to £68.5bn.
International Trade Secretary Dr Liam Fox MP recently said:
The value countries place on British products and expertise is clear. Chartered professional bodies are a key component of the UK’s global leadership in driving best practice across a range of sectors. They are an indicator of high standards, knowledge and ethical practices.
I urge all Chartered Professional Bodies who have an interest in creating international partnerships to get in touch with our team to hear about how our trade missions can help make these vital connections.
Stephen Shields, Market Director – Partnerships & Recognition, Association of Chartered Certified Accountants recently said:
It is an honour for ACCA to be invited by the UK Department of International Trade to join the mission for Hong Kong and mainland China. We were pleased to have the tremendous opportunity to engage with government officials, regulators, universities and employers to further build on ACCA’s long-established and very strong base of collaboration in China.
Keith Richards, CEO, Chartered Insurance Institute added:
We are delighted to be part of this trade mission to Hong Kong and mainland China together with our sister chartered bodies.
With an existing membership spanning more than 150 countries, we are investing in international markets and our office in Hong Kong has been established to better support the domestic market, China and Asia more widely.
This week’s trade mission also follows a recent successful Chartered mission to Malaysia, Vietnam and Singapore in April 2018. To find out more about DIT-led trade missions or to learn more about how we can help businesses export please visit GREAT.gov.uk.
Notes to Editors:
A full list of attending Chartered bodies can be found below:
- Association of Chartered Certified Accountants
- Chartered Institution of Highways and Transportation
- Chartered Insurance Institute
- Chartered Management Institute
- Chartered Institute of Linguists
- Chartered Institute of Management Accountants
- Royal Society of Chemistry
Latest News from
Department for International Trade
A UK-Ghana partnership Beyond Aid: op-ed by Iain Walker20/01/2020 16:22:00
British High Commissioner to Ghana, His Excellency Iain Walker, writes on the UK-Ghana prosperity partnership to accelerate a shared Ghana Beyond Aid vision.
UK aims to be Africa’s partner of choice for trade and investment20/01/2020 15:12:00
UK Government supports huge boost to UK investment in Africa, as UK-Africa Investment Summit is held in London.
Women entrepreneurs pitch innovation for Africa to UK investors20/01/2020 13:12:00
The Department for International Trade and the Department for International Development hosted Start-up Night Africa in partnership with the Lionesses of Africa
Vital Industries to benefit from post-Brexit Britain20/01/2020 11:15:00
International Trade Secretary, Liz Truss, has set out how vital industries will benefit from free trade after Brexit.
UK aid boosts support for African women entrepreneurs to expand businesses into global markets17/01/2020 08:12:00
The UK is boosting support to female entrepreneurs in Africa, helping them overcome barriers to starting businesses and connecting them to global market.
Liverpool engineers help African nations shift towards clean energy16/01/2020 16:12:00
International Development Minister opens a new engine repair workshop at Clarke Energy and announces extra UK aid to help develop innovative solar products
UK Africa Investment Summit Envoy Philip Parham looks ahead to the Summit16/01/2020 14:12:00
UK set to welcome African leaders and senior government representatives along with British and African businesses to the UK-Africa Investment Summit in London (15 January 2020).
UK Government tackles heart disease with new partnership15/01/2020 13:12:00
The UK Government has announced its intent to pursue an innovative new collaboration to tackle heart disease with pharmaceutical company Novartis.