Ambassador He Xiangdong Attends ICBA Annual Dinner

On November 28, Ambassador He Xiangdong attended the annual dinner of the Ireland China Business Association and delivered a speech. Patrick O'Donovan, Minister of State for Public Procurement, Open Government and eGovernment, officials from Enterprise Ireland and IDA Ireland, representatives of Chinese enterprises and overseas Chinese as well as representatives of the Irish business community, attended the event.

In his speech, Ambassador He said that the China-Ireland trade has grown rapidly. In 2018, the bilateral trade reached 14.5 billion USD, doubled that of 2015. In the first 9 months of this year, the bilateral trade stands 12.85 billion USD, increasing by another 20.9%, with Irish export to China at 10.36 billion USD, increasing by 31.5%. Meanwhile, both way investments are also promising. More and more Chinese companies have invested here in Ireland, contributing to the economic and social development of Ireland. By the end of 2018, Ireland has set up more than 400 Irish firms in China with actual located investment of nearly 2 billion USD. Chinese companies have invested more than 2 billion USD and created more than 3,000 jobs here in Ireland. The growth of our bilateral trade and economic relations will not be achieved without the efforts of the business-peoples of both countries. ICBA plays a very important role in future expansion of China-Ireland friendship and cooperation.

Minister of State Patrick O'Donovan stated in his speech that the Irish government will continue to provide Chinese investors with better business opportunities and investment environment, creating a bright future for the next generation of the two countries.

Caroline Devlin, Chairperson of Ireland China Business Association, delivered a welcome speech at the dinner. Irish Ambassador to China Eoin O'Leary also sent a video congratulation from Beijing.