Scotland – China relations improving annually

Ivan McKee the Scottish Minister for Trade and Investment will be visiting China this week to promote the continued growth of the cultural, educational and economic links between Scotland and China (the world’s second largest economy).

During his stay he will be visiting Shanghai, Hangzhou and Beijing to participate in cultural events and most importantly, high-level business and government meetings. The Scottish Governments China Strategy so far has been a success and they plan to continue building links and pushing forward from the First Ministers visit to China back in April 2018. It is clear to see the importance of the China links to Scotland’s economy when you look at the overall export figures of Scotland to China. The export worth has risen from £590 million in 2016 to £625 million in 2017.

Food and drink exports saw a 10% increase from 2017 to 2018 and overall is up 177% since 2007. The growing demand for Scotch Whisky to the Chinese market was worth just short of £80 million in 2018. The Chinese demand for Scotch Whisky is growing year on year and unique relationships are being formed. Gordon & MacPhail have announced that they are releasing a 70 year old whisky which will only be available in China.

Mr McKee has said:

“I am delighted to be visiting China to promote the long-standing friendship between our two countries.

“As the world’s second largest economy, there are huge opportunities for Scottish businesses to work with China. In particular, China is an important export market for Scottish products, especially food and drink, but also many other sectors including engineering and financial services. I hope our new Export Growth Plan helps build on these opportunities even further.

“There are strong educational and cultural links between our countries too. I’m pleased to be travelling with the message that Scotland is a fantastic place to invest, to do business, to study and to visit.

“During my visit, I will also meet Chinese Government representatives and look forward to discussing ways in which we can work together for the mutual benefit of our two countries. Following on from the First Minister’s visit to China last year, we will continue to talk about the importance of equality of opportunity and respect for human rights.”