Arab Today, arab today chinese market attractive for lithuanian companies
Last Updated : GMT 01:25:55
Arab Today, arab today
Arab Today, arab today

Chinese market attractive for Lithuanian companies

Arab Today, arab today

Arab Today, arab today Chinese market attractive for Lithuanian companies

Chinese companies flourish in Lithuania
Vilnius - XINHUA

The Chinese market is a big interest for Lithuanian companies, the chairman of Lithuania-China Business Council said here on Monday.
Osvaldas Ciuksys expressed his eagerness to promote the bilateral trade during the interview with Xinhua, saying "Current bilateral trade and investment figures are not high."
"We think that some real breakthrough in Lithuanian export figures will be happening after the certificates of conformity and quality to be issued for Lithuanian meat and dairy products,” he said.
“We expect it to be happening at the beginning of next year,” he added.
Newly established at the beginning of this year, the council is aimed to increase Lithuanian-Chinese economic cooperation and promote Lithuanian exports to China as well as Chinese investments to Lithuania, Ciuksys said.
The Russian market is less attractive and becoming unpredictable, thus Lithuanian companies are looking for alternatives.
“The need to diversify the exports has an increasing importance,” he added.
Ciuksys said the council has started planning for promoting the bilateral cooperation.
“The Council has one particular project to offer for Lithuanian companies, which is the establishment of 3-5 Lithuanian products shops at the biggest shopping malls in the most important Chinese cities,” he noted.
“We will be coordinating this project and plan to open first 1-2 shops during the summer of next year,” Ciuksys continued.
Ciuksys also pointed out Chinese companies’ increasing attention of regarding Lithuania as a potential place for investments.
“We see increasing number of Chinese business delegations as well as more Chinese companies having plans to participate in some specialized trade and service fairs this autumn,” he said.
As a Baltic country with a population of 3 million which is far away from China, Lithuania has very good food products with high quality and good price, according to Ciuksys.
The food products have good perspectives in China, and “have possibility to position them as ‘made in Europe’ and ‘ecological/green products’,” he continued.
Concerning other products that Lithuania can export to China, Ciuksys raised the examples of designed furniture, some specific textile products and amber jewelery.
Ciuksys added that a Lithuanian lasers producer, Ekspla, had been cooperating with different manufacturing companies in China.
Regarding the big market in China, Ciuksys said his council recommend Lithuanian companies not only concentrate on best known cities in the eastern part of China, but also pay attention to cities like Chengdu where competition of the world known brands is lower.
Lithuania’s exports of farm and food products to Russia fell by nearly 6 percent in the first half of this year to 2.353 billion litas (about 941 million U.S. dollars), from 2.504 billion litas in the same period last year, according to data from Statistics Lithuania. (1 U.S. dollar = 2.5 Litas) The Chinese market is a big interest for Lithuanian companies, the chairman of Lithuania-China Business Council said here on Monday.
Osvaldas Ciuksys expressed his eagerness to promote the bilateral trade during the interview with Xinhua, saying "Current bilateral trade and investment figures are not high."
"We think that some real breakthrough in Lithuanian export figures will be happening after the certificates of conformity and quality to be issued for Lithuanian meat and dairy products,” he said.
“We expect it to be happening at the beginning of next year,” he added.
Newly established at the beginning of this year, the council is aimed to increase Lithuanian-Chinese economic cooperation and promote Lithuanian exports to China as well as Chinese investments to Lithuania, Ciuksys said.
The Russian market is less attractive and becoming unpredictable, thus Lithuanian companies are looking for alternatives.
“The need to diversify the exports has an increasing importance,” he added.
Ciuksys said the council has started planning for promoting the bilateral cooperation.
“The Council has one particular project to offer for Lithuanian companies, which is the establishment of 3-5 Lithuanian products shops at the biggest shopping malls in the most important Chinese cities,” he noted.
“We will be coordinating this project and plan to open first 1-2 shops during the summer of next year,” Ciuksys continued.
Ciuksys also pointed out Chinese companies’ increasing attention of regarding Lithuania as a potential place for investments.
“We see increasing number of Chinese business delegations as well as more Chinese companies having plans to participate in some specialized trade and service fairs this autumn,” he said.
As a Baltic country with a population of 3 million which is far away from China, Lithuania has very good food products with high quality and good price, according to Ciuksys.
The food products have good perspectives in China, and “have possibility to position them as ‘made in Europe’ and ‘ecological/green products’,” he continued.
Concerning other products that Lithuania can export to China, Ciuksys raised the examples of designed furniture, some specific textile products and amber jewelery.
Ciuksys added that a Lithuanian lasers producer, Ekspla, had been cooperating with different manufacturing companies in China.
Regarding the big market in China, Ciuksys said his council recommend Lithuanian companies not only concentrate on best known cities in the eastern part of China, but also pay attention to cities like Chengdu where competition of the world known brands is lower.
Lithuania’s exports of farm and food products to Russia fell by nearly 6 percent in the first half of this year to 2.353 billion litas (about 941 million U.S. dollars), from 2.504 billion litas in the same period last year, according to data from Statistics Lithuania. (1 U.S. dollar = 2.5 Litas)

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese market attractive for lithuanian companies Arab Today, arab today chinese market attractive for lithuanian companies

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 01:04 2017 Tuesday ,28 February

Nokia 3310 is back — and so is 'Snake'

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday