Dunedin (Tuesday, 28 November 2023) – Mayor of Dunedin Jules Radich is welcoming an agreement signed by Business South in Shanghai, saying it will open doors to significant new business opportunities in China.
Mr Radich, who is leading Dunedin’s civic delegation to Shanghai, was commenting after Business South Chief Executive Mike Collins signed the new Memorandum of Understanding alongside Mr Gu Chunting, Vice Chairman of the Shanghai Council for the Promotion of International Trade, while in Shanghai.
“These sorts of face-to-face visits are an important part of building and reinvigorating our relationship with Shanghai, and it’s a great chance for our two cities’ institutions, businesses and officials to do the same,” Mr Radich says.
“Today’s agreement represents a significant step forward for Business South, as the new entity representing business across the lower South Island, including our city’s businesses. I’m confident this relationship will prove to be remarkably valuable for all concerned.”
Mr Collins agrees, saying the agreement is about much more than just signing a document.
“We are building a strong partnership with a significant international market and business community in Shanghai.
“This partnership is about shared growth, innovation, and a future where our businesses thrive together, by expanding markets, sharing expertise and working on collaborative ventures.”
The agreement will help open new doors for Dunedin businesses wanting to establish a presence – or strengthen existing operations – in Shanghai, a city of 25 million people, with support from Business South.
Businesses wanting support to do either should contact Business South, Mr Collins says.
Enterprise Dunedin Manager John Christie says the agreement represents the renewal of a relationship originally signed by Business South’s predecessor, the Otago Chamber of Commerce, nearly 30 years ago.
“This is a fantastic opportunity to recommit to the relationship and enhance business opportunities for both parties, and it’s a great result for Business South and Dunedin.
“These sorts of deals deliver significant benefits for our city, from joint research collaborations to film and screen exchanges and the $200m partnership between Shanghai Maling and Silver Fern Farms, and we can expect more to follow as a result of today’s agreement.”