Chinese Interest to Set Up a China-Holland Innovation Center
CHIC will support internationalization of Chinese companies to the Netherlands and Europe
Shanghai, 28 October 2015 – Chinese investment company Shanghai Changsanjiao Sci-Tech City Development and InnovationQuarter signed a Memorandum of Understanding (MoU) during an official Business Reception in Shanghai, as part of the Dutch trade mission to China. The economic mission runs parallel with the official state visit of his Majesty King Willem-Alexander and her Majesty Queen Maxima. With this MoU Mr. Yuhua Wu (Chairman of the Global Innovation Initiative China) and Mr. Chris van Voorden (Director Foreign Investments of InnovationQuarter) emphasized their co-operation for setting up a China-Holland Innovation Centre in The Hague.
On Wednesday the 28th of October an official Business Reception in Shanghai was hosted by the Dutch Ambassador and Consul General Shanghai as part of the Dutch trade mission to China. On this occasion, the Global Innovation Initiative China (GIIC) and InnovationQuarter formalized their co-operation in an official Memorandum of Understanding. This was witnessed by his Majesty King Willem-Alexander, the Dutch Minister of Foreign Affairs Bert Koenders, the Dutch minister for Agriculture Sharon Dijksma, Deputy Minister for Healthcare Martin van Rijn.
Mr. Yuhua Wu, Chairman of GIIC: “I am deeply honoured to have co-signed this MoU in the presence of his Majesty King Willem-Alexander of the Netherlands, during his state visit to China. I am very much looking forward to establish the first China-Holland Innovation Centre in The Hague, in particular to do so in close co-operation with our local partners InnovationQuarter and the Netherlands Foreign Investment Agency.”
China-Holland Innovation Centre
The China-Holland Innovation Centre will be part of a larger European project called the Global Innovation Initiative China (GIIC), which has a strategic partnership with Shanghai Changsanjiao Science & Technology City. GIIC will establish this Innovation Centre in The Hague, dedicated to supporting Chinese innovative companies in the process of setting up business in the Netherlands.
The CHIC will support internationalization of Chinese companies to the Netherlands and Europe. It will facilitate access to global innovation and technology. CHIC will provide business services to its investors, creating facilities to share knowledge, experience and contacts among Chinese companies and local counter parts. CHIC also strives to develop itself into a platform for training and research that will strengthen technology exchange between China and the Netherlands.
The initiative to establish CHIC has been taken by Mr Yuhua Hu, Chairman of GIIC, and Mrs Dan Zhu, Secretary General. Apart from this, Mrs. Fleur Loudon-Brouwers was appointed Executive Director for CHIC. As Dutch national from The Hague, currently living in Shanghai, she will lead and coordinate the development phase. CHIC will be housed in a multifunctional office space in the centre of The Hague.
Choice for West Holland
To set up in the West Holland region was a logical choice, according to Mr. Yuhua Wu: “CHIC will support internationalization of Chinese industry to the Netherlands and Europe. It will facilitate access to global innovation and technology. My choice for The Hague was an obvious one, with the seat of the Government, the Chinese Embassy, its many renowned International Organizations and Institutions, close proximity to the acclaimed Universities of Delft, Leiden and Rotterdam, the European Patent Office, VNO/NCW and the excellent connections to international rail- and air transportation.”
Objectives for establishing the China-Holland Innovation Centre (CHIC)
Mr. Yuhua Wu has high expectations for CHIC: “Once established, CHIC will develop further from a dedicated professional service centre into an incubator for fast growing Chinese companies and as a gathering place for Chinese business and culture. CHIC also strives to develop itself into a platform for training and research that will strengthen technology exchange between China and the Netherlands. I have high expectations that CHIC will become the flagship for all our future Innovation Centres in Europe.”
CHIC will provide business services to its investors and create facilities to share knowledge, experience and contacts among Chinese companies and their local counter parts.
CHIC will identify and establish partners in The Hague, assisted by InnovationQuarter, the Netherlands Foreign Investment Agency (NFIA) and the municipal government of the City of The Hague. InnovationQuarter and the NFIA will support GIIC by providing advisory services according to the investment environment, investment policies, laws and regulations in the Netherlands. InnovationQuarter will recommend relevant business partners to assist GIIC with business development in the West Holland region.
On the 28 th, 29th and 30th of November, a Chinese delegation will visit West Holland on a fact-finding trip, which will be organized by InnovationQuarter. Mr. Yuhua Wu, Mrs. Dan Zhu and Mrs. Fleur Loudon will also be attending this delegation. During this visit, real estate sites will be explored, that could facilitate 20 enterprises in the first phase of the project. Also, the delegation will be introduced to relevant business partners and services.
Source: InnovationQuarter press release