[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Monday, 13 March 2006, 16:08 GMT
Businesses urged to look to China
Businesses in the north-east of England are being urged to break into new export markets in China.

Representatives from more than 40 companies attended a "China Challenge" seminar at Durham County Cricket Club.

Experts offered advice and a reminder that exporting benefits both businesses and the local economy.

The event is the first of a series of sessions organised by UK Trade and Investment, One NorthEast and the North East Chamber of Commerce.

Major impact

Ross Cordiner, head of UK Trade and Investment in the North East, said: "You don't have to be a large business to be able to export. Small companies can see their turnover increase significantly once they start exporting and that helps to safeguard jobs.

"Currently, less than 5% of the 45,000 VAT registered businesses in the North East export 10bn of goods and services.

"If that were increased by even a few more percentage points it would have a major impact on the economy of the region."

Exports from North East top 10bn
19 May 04 |  England
Flagging UK support for the euro
29 Mar 04 |  Business
Lessons on foreign trading
22 Oct 03 |  Suffolk

The BBC is not responsible for the content of external internet sites


Americas Africa Europe Middle East South Asia Asia Pacific