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14 February, 2019 - 11:23 By Tony Quested

New Award honours Cambridge-China trade bridgehead

Two-way trade between Cambridge and China has reached unprecedented levels as a bridge of trust is built between the territories on solid and lasting foundations.

To mark this significantly growing and increasingly dynamic trade profile, Business Weekly has joined forces with Cambridge China Centre to acknowledge and honour major contributions to the Anglo-Sino cause.

Cambridge China Centre is sponsoring a new accolade in the Business Weekly Awards. The UK|China Business Award will be presented for the first time at a gala presentation dinner at Queens’ College, Cambridge on Wednesday March 20.

It is for the company regarded by CCC and Business Weekly as the most effective ambassador for UK|China trade and trust over the last 12 months.

Trade with China has historically been a complex area for businesses from the West to master but in recent times Cambridge companies have made great strides in breaking down barriers and forging meaningful and potentially lucrative new alliances.

Prominent Cambridge-based companies such as Abcam, AstraZeneca and Horizon Discovery are well known for their business with China but many other companies like Novacyt, CyanConnode, Congenica, Porvair, Sepura, Meteor Inkjet, TWI, Treatt plc and others have blazed a trail in China.

The Moller Centre in Cambridge, Cambridge Mask Company, St Peter’s Brewery in Suffolk, Safagrow in Peterborough and Zettlex, the Cambs sensors specialist, all report increased business.

Sepura, Jagex, Frontier Developments and CMR Surgical have either eased into China by being acquired or securing unprecedented investment. They are all on a shortlist currently being analysed and judged by Cambridge China Centre and Business Weekly. 

Cambridge China Centre, launched in July 2018, sets out to drive long-term UK|China business relationships and facilitate interaction and collaboration, through regular events and an annual Cambridge China Forum. 

Jinzhao Li, co-founder of Cambridge China Centre, said of the award: “When we set up Cambridge China Centre we knew that many companies were developing effective trade with China. Sponsoring this award is our way of helping these companies to have even greater visibility in Cambridge, China and globally.”

The invitation-only Business Weekly Awards presentation dinner will be held at Queens’ College, Cambridge, on Wednesday March 20 2019.

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