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Chinese Delegation Visit

(2 December 2002)

The University of Durham Business School is exporting its expertise in Small and Medium Enterprises to one of the largest populations in the world.

The University’s Foundation for Small and Medium Enterprise Development welcomes the first delegation of Chinese Officials led by the Vice Governor of the Jiangxi Province this Monday (2 December).

The Foundation has been working in a number of Provinces across China to develop and promote SME development – a growing area of Chinese business, after a successful consortium bid for the European Commission funded Europe China Enterprise Reform Project (ECERP) in Jiangxi and Shaanxi Provinces

The project began in March this year and is scheduled to run until March 2005 involving the establishment of a Provincial SME Promotion and Development Centre in both the Jiangxi and Shaanxi Provinces, a new approach in China. The Foundation for SME Development will be responsible for the methodology of the implementation of the project.

The Vice Governor of Jiangxi Province, Zhu Yingpei, is the senior official involved in the SME Project and is leading the visiting delegation. During the visit the Vice Governor and his colleagues, who include a Director of the Ministry of Foreign Trade and Economic Co-Operation in Beijing, will gain an insight into the University’s work and wider SME support issues in the UK. The trip to Durham is part of a wider visit to the EC relating to the project.

Alaric Fairbanks, China Project Director at the Foundation for SME Development said, “Our enterprise development activities in China put us in the forefront of the SME revolution taking place in the developing world’s largest economy and have enabled us to build on best-practice developed in our home region.”

Alongside the activities in Jiangxi Province, Durham Business School is also involved in the China State Owned Enterprise Reform and Enterprise Development Project (SOERED) making it one of the largest exporters of services to China in the region.

The SOERED project has been running in the Sichuan and Liaoning Provinces and so far has set up six SME Advice Centres. These centres, the first in China, provide non-financial services to local SME’s.

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