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Romania hopes to collaborate with Chinese investors in nuclear energy and power plant refurbishment
The Romanian-Chinese collaboration should not restrict only to the traditional trade relations and should access the Chinese capital for the wide investment projects in the area of nuclear energy and power plant refurbishment, Bilateral Chamber of Commerce Romania and China Chairman Gabriel Ghelmegeanu said.
'Romania (...) is interested in drawing some big Chinese investors in the public-private partnership for wide infrastructure works, in railways, in the energy area, where constructions of photovoltaic parks have already begun. Romania also hopes to collaborate in the area of nuclear energy and for the power plant refurbishment,' Ghelmegeanu said.
He also said that, in the current or in the future negotiations on wide economic and trade cooperation, he hoped Romania benefited from the privileged position of the special administrative area Hong Kong.
Gabriel Ghelmegeanu showed that Hong Kong knew very well how to cooperate with the mother-country, but also with representatives of the European continent, on the grounds of the 100 years of British occupation.
Referring to the bilateral commercial relations, Ghelmegeanu mentioned that, in the trade with China, the current deficit stood at about 1 to 5 (Romanian exports/China imports) and that it had previously accounted for 1 to 16 or 1 to 12, while 'for several years, in the case of Hong Kong there is a trade surplus of 1 to 5, that is Romanian exports are 5 times higher than imports, which shoes that it is easier to enter the Chinese market through Hong Kong, than directly.'
Concerning the way of approaching the Chinese market, Gabriel Ghelmegeanu recommended the Romanian companies to very thoroughly evaluate their offer, both from the quality and price point of view and that of the quantities they can provide.
In conclusion, he underlined that one of the secrets for penetrating the Asian market was the 'exporters' solidarity,' as Romanians tried to obtain advantages on the foreign markets to the damage of their countrymen, unlike other foreign companies, which go to international fairs under national flag, and not a individuals.
Hong Kong Trade Development Council (HKTDC) and its office in Brussels organised on Tuesday, in Bucharest, a business seminar, with the participation of nearly 130 representatives of Romanian companies interested in conducting business with China.