“Entering Cuba, First Seek Business Opportunities” 2016 Cuba Trip Preview Conference Successfully Held

Source: Shanghai Elevator Industry Association

　　On June 30, the Shanghai Elevator Industry Association, in collaboration with the Shanghai Municipal Commission of International Trade and Economic Cooperation, held the "Entering Cuba, Seizing Business Opportunities" 2016 Cuba Trip Prospectus Seminar at the Shanghai Gu Xiang Hotel. The main purpose of the meeting was to assist Chinese elevator companies in entering the Cuban market. A series of discussions and research were conducted in advance, targeting various aspects of Cuba—providing comprehensive information sharing and guidance to participating Chinese elevator companies through exchanges on Cuba's national conditions, tax policies, special economic zones, economic policies, risks and opportunities, and legal protection.

　　Leaders from the Shanghai Elevator Industry Association, the Shanghai Municipal Commission of International Trade and Economic Cooperation, the Cuban Consulate General in Shanghai, and more than 50 companies from various industries in China participated in this seminar. Zhi Xifeng, Secretary-General of the Shanghai Elevator Industry Association, delivered a welcome speech, stating: "I sincerely hope that through the enthusiastic introduction of the Cuban Consul General and the explanations from the China Council for the Promotion of International Trade and the China Chamber of International Commerce, and with reference to the research report of the Shanghai Elevator Industry Association, everyone will gain a new understanding of Cuba." Ms. Lisbet Quesada Luna, Cuban Consul General in Shanghai, delivered a carefully prepared speech to the participating elevator companies, providing insights into Cuba from political, economic, cultural, and legal perspectives. In her concluding remarks, she mentioned that Cuba will increase investment and fully utilize the benefits related to foreign investment to promote the development of its own economic model and achieve the construction of a prosperous and stable socialism; and that Cuba has taken important measures to stimulate the attractiveness of foreign capital and promote Cuba's business environment and economic development. Mr. Gu Zhe, Director of the Business Consulting Center of the Shanghai Council for the Promotion of International Trade and Secretary-General of the Shanghai Chamber of International Commerce, a senior expert with years of experience in researching legal protection for outbound enterprises, reminded the elevator entrepreneurs that any disputes arising from or related to contracts should be submitted to the Shanghai International Economic and Trade Arbitration Commission, also known as the Shanghai International Arbitration Center, for arbitration, which is an effective means of protection. The meeting adopted diverse formats, with representatives from several elevator companies sharing their experiences in overseas trade through "My Global Footprint Sharing" sessions.

　　The professional market research of the Shanghai Elevator Industry Association, the international trade and exhibition experience of the Shanghai Municipal Commission of International Trade and Economic Cooperation, combined with the professional analysis and sharing of professional institutions, increase the chances of success for Chinese companies going global. Using Cuba as a starting point for exploring emerging markets, accumulating experience, and providing a bridge and platform for the external development of Chinese enterprises.

　　The Shanghai Elevator Industry Association actively responds to the national Belt and Road Initiative. To promote the development of the elevator industry in overseas markets, the association strengthens cooperation with foreign governments and professional institutions to ensure the steady development of the elevator industry abroad. In addition, the Shanghai Elevator Industry Association will continue to hold a series of seminars in overseas markets, step by step promoting the brand promotion and integrity mechanism of domestic elevator companies in overseas markets, striving to create a stunning "Made in China" national brand.

　　Disclaimer: This article only represents the author's personal views and does not represent the views of the Shanghai Elevator Industry Association. This website makes no guarantee or commitment regarding the authenticity, completeness, or timeliness of the content. Please use this information for reference only and verify the relevant content yourself. Please indicate the author and source if you need to reprint.