China’s ‘new normal’ brings chances for British business


Lord Sassoon, the chairman of China-Britain Business Council (CBBC), said Wednesday that China’s “new normal” can bring opportunities for British business.

At the third Annual China Business Conference hosted by the CBBC, Sassoon said China is undergoing a period of further transformation.

He suggested British companies to look beyond the slowdown of China’s economic growth. He believed China’s growth is still rapid.

“Companies need to understand how demand patterns are changing and look at this vast continental market as a series of very different opportunities,” he said.

He believed there will be deepened trade and investment relationship between Britain and China.

The term “new normal” gained ground in China in May 2014, and it is used to describe the need to remain cool-headed as economic growth slows.

The third Annual China Business Conference attracted hundreds of delegates from Britain and China.

The conference covered many topics about China’s ongoing transformation, including reforms in sectors of education, innovation and entrepreneurship, as well as healthcare.

CBBC is a Britain-based organisation helping Britain companies grow and develop their business with China. It has worked with China for 60 years.



Source : China Daily | March 12, 2015

Thomas D’Innocenzi


About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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