China Desk
Poland plays a vital role in the Belt and Road Initiative (一带一路). With an ambitious and well-educated workforce, modern infrastructure, and high-tech projects, it ranks among the most dynamic European economies – It is a perfect point of entry for Chinese investors wanting to enter the European market.
The initiative encompasses, among other things, three regular cargo rail links between China and Poland, connecting: Chongqing and Łódź; Suzhou and Warsaw; and Xi’an - Małaszewicze - Gdańsk.
The Belt and Road Initiative extends far beyond the development of transportation links between China and Poland. The frequent high level political visits demonstrate that economic and political ties between Poland and China are getting stronger each year.
Belt and Road Initiative (一带一路) has the potential to create many economic and business synergies between Poland and China. For example:
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Poland is committed to significantly developing and improving its infrastructure, and the Central Communication Port, an infrastructure mega project, serves as a prime example.
China has vast experience in the execution of large infrastructure projects and can offer cost-effective technologies and solutions.
Poland is rich in organic and high-quality food products.
China has great domestic market with an abundant demand for healthy food products.
Poland is transforming its energy sectors toward a green energy oriented.
China is the largest producer of PV panels in the world.
Poland is well known on the Asian market for its cosmetic companies, especially for organic and non-chemical products.
China customers are looking for the new organic cosmetic products.
Poland is in Central Eastern Europe, between Germany and Russia – China’s two strategic trade partners. Thus, it can be regarded as a bridge between East and West.
As Poland is a member of the European Union, entrepreneurs who run their operations in and out of Poland, have access to all the benefits of the European Union’s Single Market, which offers three freedoms:
• Free movement of goods – lack of customs duties and restrictions and the prohibition of measures having an equivalent effect.
• Freedom to establish and provide services – enables to carry on a stable and continuous economic activity in another Member State.
• Free movement of capital – no restrictions on the movement of capital and payments between Member States, as well as between Member States and third countries.
Foreign investors are encouraged to invest in the Polish Special Economic Zones.
According to the fDi Magazine’s ranking for 2019, the Polish Special Economic Zones are among the most attractive special economic zones in the world. For example, the Special Economic Zone in Katowice was recognised for developing 66 projects in only two years, with total investment in that zone amounting to EUR 1.14 billion.
HOW CAN WE HELP
Dedicated China Desk
SSW has a dedicated team for Chinese clients. The team comprises lawyers who lived and studied in China. Not only do we are able to communicate with clients in Chinese, but foremost we have a deep understanding and appreciation of Chinese culture, history and ways of conducting business.
Our focus is on establishing a relationship with client and fostering it to develop a long lasting cooperation.
We are proud to work closely with our friends from China including Chinese banks, chambers of commerce and clients from various sectors.
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