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Beijing, 26 April 2021

PRESS RELEASE

EU SME Centre signs an MoU with Cyprus Chamber of Commerce and Industry and Cyprus-China Business Association

On 14 April 2021, a Memorandum of Understanding (MoU) was re-signed between the EU SME Centre and two linked organisations: Cyprus Chamber of Commerce and Industry and Cyprus-China Business Association (CyChiba).

Following the previous successful cooperation developed during phase II on assisting Cypriot SMEs plan and develop their market entry strategy into China, the renewal of this MoU is to further strengthen the existing collaboration and provide a framework to continue improving the level of readiness of Cypriot SMEs towards the Chinese market.

The EU SME Centre is looking forward to continuing supporting CCCI, CyChiba and their members getting ready to do business with China through the organisation of China-related business activities in both China and Europe, as we did in March 2020 when one of our experts lectured training workshop in Nicosia on how to do E-commerce in China

We are excited to have CCCI and CyChiba as partners and we are looking forward to organising new activities in the coming months so remember to stay updated on our website, newsletter, and social media.

If you are a business support organisation in EU or a COSME country and have affiliated companies interested in the Chinese market, please contact our Partnership Coordinator to obtain further information about partnerships and collaborations. The EU SME Centre offers a wide range of complimentary services to partners and affiliated SMEs to improve their readiness to the market.

About Cyprus Chamber of Commerce and Industry (CCCI) and Cyprus-China Business Association (CyChiba)           
CCCI is a private corporate body formed by the union of Cyprus businessmen in 1927. The membership of the CCCI exceeds 8,000 enterprises from the whole spectrum of business activity. Affiliated to it are more than 140 Professional Associations from the trade, industry and service sectors. The basic objective of the CCCI is to safeguard and steadily develop the Cyprus Economy in order to continuously improve the standard of living and prosperity of all the people of Cyprus.

CyChiba operates under the auspices of the CCCI and it is committed to acting as business bridge between China and Cyprus, building up a platform for cooperation through various activities, and opening a window of opportunities for cooperation in trade, investment and economic exchange among our business communities.

 About the EU SME Centre    
The EU SME Centre in Beijing provides a comprehensive range of hands-on support services to European small and medium-sized enterprises (SMEs), getting them ready to do business in China. Our team of experts provides advice and support in four areas – business development, law, standards and conformity and human resources. Collaborating with external experts worldwide, the Centre converts valuable knowledge and experience into practical business tools and services easily accessible online. From first-line advice to in-depth technical solutions, we offer services through Knowledge Centre, Advice Centre, Training Centre, and SME Advocacy Platform.

The Centre is funded by the European Union and implemented by a consortium of five partners - the China-Italy Chamber of Commerce in China, the China-Britain Business Council, the Danish Chamber of Commerce in China, the EUROCHAMBRES, and the European Union Chamber of Commerce in China.

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