The Cyprus Chamber of Commerce and Industry (CCCI) has signed a Cooperation Agreement with the EU SME Centre aiming to provide substantial support to local SMEs in establishing, developing and maintaining commercial activities in the Chinese market.
In a press release on Friday CCCI said that the EU SME Centre is a European Union initiative that provides a comprehensive range of hands-on support services to small and medium-sized enterprises (SMEs) in EU and Single Market Programme (SMP) participating countries, getting them ready to do business in China.
The primary goal of the collaboration, the Chamber announced, is “to provide substantial support to local SMEs, helping them establish, develop, and maintain commercial activities in the Chinese market, through exports and investments, particularly during the crucial early stages of their market penetration strategy.”
By partnering with the EU SME Centre, CCCI aims to leverage their expertise and resources to offer our SMEs the necessary guidance and support to navigate the complexities of the Chinese market, it added.
This cooperation will include a range of services such as market research, regulatory advice, business partner identification, and practical support to ensure the success of Cypriot businesses in China.
The partnership is offering new business opportunities for our local enterprises and will contribute significantly to their growth and international expansion.
(Source: CNA)
