In recent years, they have been joined by an ever increasing number of Chinese owned companies, institutions and individuals investing in the region, including HikVision, TP-Link, Holley Metering, Galanz and GigaDevice Semi-conductors. The University of Oxford, and a number of the spin-out companies, including Oxsight ‘smartspecs’, have also provided a fruitful destination for Chinese investment, collaboration and acquisition.
The Thames Valley is home to Bicester Village
Just 45 minutes outside of London, within easy reach of the University City of Oxford, and in the heart of the Thames Valley, is Bicester Village – now one of the Top tourism destinations in the UK. Along with Buckingham Palace, it is extremely popular with Chinese visitors to London, eight in ten of whom choose to visit this upmarket retail outlet village during their stay. The village looks like a small town with high street shops, each housing luxurious brands and goods which, on average, “are sold at 40 percent of their list price”. Chinese shoppers accounted for 40 percent of the business at Value Retail’s villages in Europe in 2016, and this number is expected to grow as the amount of Chinese visitors to Europe increases. See also 10 amazing things to do in Oxford and Visit Royal Windsor – the most famous of Royal Palaces steeped in the pageantry and history of the royal family.
Harwood Hutton – Thames Valley Accountants offering support to Chinese individuals and companies
Harwood Hutton are experienced Chartered Accountants operating from Beaconsfield in Buckinghamshire. The company has global reach and has actively assisted clients across Europe, North and South America, the Middle East, Africa and Asia. Familiar with many cultures, the team speak a number of European and Asiatic languages, including Cantonese, Mandarin, Gujarati, French, Portuguese, Spanish and Russian. Listen HERE to Anna Bulmer on why Harwood Hutton is the natural choice for individuals and companies arriving in the UK from China.
Visit the Department for International Trade’s China and the UK ‘news’ webpage HERE.