Category Archives: Ireland

Here’s proof that 2014 was a landmark year in Ireland – China Relations

GREAT WALL OF CHINA BECOMES THE ‘GREEN WALL OF CHINA’ AS IT

The Green Wall of China

In terms of Ireland – China political and trade relations 2014 was a pivotal year. The following birds-eye view draws attention to the main breakthroughs as well as offering a hunch or two regarding how the kinship can be expected to develop into 2015.

Part 1: 2014 – The year that was

Part 2: 2015 – The year that will be

Open Sesame

– Export opportunities

– Strategic sourcing

– Foreign Direct Investment (FDI)

Accurate Group – China Market Makers

Part 1: 2014 -The year that was

Accurate China Insight China Investment Corporation 2014 a pivotal year in china ireland relations– The year had barely commenced when China Investment Corp (CIC) and The National Pension Reserve Fund announced an investment of US$100 million in The China Ireland Technology Growth Capital Fund which is turn will invest in fast-growing Irish start-up technology companies trying to expand into China.

– Another subtle telltale sign of the improving relationship was the Chinese Embassy in Dublin‘s anticipation of ” a need for increased facilities to carry out embassy, consular and state business“, as noted in the Irish Independent last February. It was around this time the Irish Government announced its intention to open a Consulate in Hong Kong.

– The first big dairy export deal of the year was won by Northern Ireland‘s Dale Farm – whey protein, a deal which effectively pushed its annual exports to China up to £20 million a year.

Chinese leasing company Bank of Communications Financial Leasing (JY Aviation) became the third Chinese aircraft leasing company to set up its European headquarters in Dublin..

WrightBus hits the streets of Hong Kong

WrightBus hits the streets of Hong Kong

– In March, Northern Ireland bus-maker Wrightbus of Ballymena won orders for more than 50 new buses in Hong Kong.

– While the photograph of President Higgins of Ireland being welcomed to China by President Xi Jinping in December 2014 represents the highest form of State engagement in diplomatic protocol, perhaps the most iconic image of the Ireland – China relationship in 2014 was the greening of China’s most important cultural icon, the Great Wall to celebrate St. Patrick’s Day.

– Meanwhile, the Bank of Ireland became the first bank in Ireland to offer business customers the facility to make payments in Chinese Yuan / RMB.

– H.E. Xu Jianguo was appointed Chinese ambassador to Ireland. Tellingly, his previous posting was as Chinese ambassador to New Zealand, the main conduit for dairy product imports into China (courtesy of a generous free trade agreement).

– However, the year wasn’t all about agriculture. Tencent, games industry giant and China’s largest and most used Internet service portal, chose Ireland’s Havok to deliver for its Iron Knight game dynamic battlefields, enhanced graphics, efficient character AI, more realistic animations and detailed destruction effects to offer players the most authentic fighting action possible. All-in-all, a huge milestone for Havok, the premier provider of interactive software and services for digital media creators in the games and entertainment industries.

Havok secured a landmark deal with Tencent

Havok secured a landmark deal with Tencent

– In May 30 Irish diary companies had products approved for export to China following stringent audits by Chinese authorities, a significant milestone for Ireland’s dairy industry.

– Also in May, then Minister for Tourism Leo Varadkar leading a trade mission to China commented: “I think everyone accepts that sooner or later there will be direct flights between Ireland and China, most likely Dublin and Beijing...”

– …while a leading tourism survey in China observed that 62% of Chinese travellers were reasonably familiar with Ireland.

– Huawei Technologies, the leading Chinese multinational networking and telecommunications equipment and services giant announced the establishment of a new R&D centre in Athlone.

Huawei opened an R&D centre in Athlone

Huawei opened an R&D centre in Athlone

– ChinaHR, the fast growing Asia-focused recruitment company owned by Leslie Buckley and Denis O’Brien, which employs 2,600 staff in 26 cities across China, was said to be mulling over plans to float in Hong Kong. There was also muted talk (but little substance) of a potential listing in Hong Kong by PCH International, which sells product development and supply chain management services – and is widely considered Ireland’s biggest exporter in China.

– On a serious note the Chinese sheep shearing team arrived in Ireland to compete for the first time in the World Sheep Shearing Championships. On a less serious note, Irish-American comedian Des Bishop wowed Chinese television audiences… in Chinese!

– H.E. Xu Jianguo, the new Chinese ambassador to Ireland, undertook a well-publicised pilgrimage to what Chinese officials consider to be Ireland’s Mecca – the Shannon Free Zone, following in the footsteps of Jiang Zemin’s 1980 trip to study the Shannon Free Zone model, which has since been adopted across China in the development of its hugely successful special economic zones.

– In June, Dublin Airport announced its intention to secure a direct air-link to China by mid-2016.

Accurate China Insight Unionpay 2014 a pivotal year in china ireland relations– June also saw a boost to Irish businesses as AIB Merchant Services enabled acceptance of the Chinese card UnionPay.

– During the same month a new visa to let Chinese tourists travel freely between Ireland and the UK was announced, a significant milestone for Irish tourism.

– Mr. Liu Yunshan, a leading member of the Politburo Standing Committee of the Communist Party of China, was the most senior Chinese official to visit Ireland in 2014. He was accompanied by four ministers in a delegation of fifty-one officials. Since 2011 nearly thirty Chinese Ministers or Vice-Ministers have visited Ireland. Clearly, the Chinese leadership considers a strengthening of the ties between the two nations to be of benefit for China.

– In October it was announced that China is to open a consulate in Belfast, Northern Ireland.

– On the education front, Jan O’Sullivan, Minister for Education and Skills’s trade mission to China in late October was a fitting backdrop to a slew of positive news announcements:

– University College Dublin (UCD) opened an office in Beijing as Irish universities sought to step up their expansion into China. UCD estimated it has 1,000 alumni in China with over 100 based in Beijing.

– Trinity (TCD) announced a new Masters in Chinese Studies and the opening of the Trinity Centre for Asian Studies, which it says “aim to advance Chinese scholarship and to promote Ireland as a leading knowledge centre for pan-Asian language studies and research”.

– University of Limerick (UL) also signed deals with four Chinese institutions.

– In November, as the year drew to a close, Agriculture Minister Simon Coveney led a major trade mission of 37 companies to China. He also had plenty of positive news to announce:

– Kerrygold unveiled a new milk product for Chinese market, under the Chinese trade mark “Jin Kai Li”.

UCD, Irish company Richard Keenan & Co and the Chinese Academy of Agricultural Sciences joined forces to form the China-Ireland Dairy Science and Technology Centre with the goal of improving feeding efficiency, animal health and reduced environmental impact of dairy farming.

– Kerry Group launched a new Irish made infant nutrition product ‘Green Love’ for the China market. Produced at Kerry’s new €40 million facility in Charleville, Co. Cork. More importantly, 100 new jobs were created.

– Glanbia launched its Avonmore UHT milk brand in China.

Glanbia launches Avonmore UHT milk in China

Glanbia launched Avonmore UHT milk in China

Richard Keenan & Co entered into a franchise partnership with Shanghai Shengmu Livestock Company, a €7 million deal to accelerate sales of Richard Keenan‘s mixer wagons across the Chinese market.

A breakthrough year for Richard Keenan & Co

A breakthrough year for Richard Keenan & Co.

– Machinery company Samco, based in Adare, Co. Limerick, secured a purchase agreement with two companies based in Inner Mongolia, Northern China for their SAMCO maize planting machine and bio-degradable mulch film.

– Bord Iascaigh Mhara (BIM), along with 12 Irish seafood companies, exhibiting to key buyers at the premier China Seafood Expo in Qingdao, highlighting boarfish in particular as a new viable product option.

Accurate China Insight Irish boarfish- 2014 a pivotal year in china ireland relations

– Irish mobile technology company Cubic Telecom signed a lucrative global agreement with China Unicom, to provide machine-to-machine (M2M) services to enterprise customers across mainland China and Hong Kong.

– Arthur Cox Listing Services acted as Listing Agent on the first Chinese transaction to list in Ireland, when China Petrochemical Corporation acted as guarantor for Sinopec Group Overseas Development (2013) Limited which listed its Dollar and Euro Senior Notes on the Irish Stock Exchange (ISE).

– Other notable deals for the island included: AB Pneumatics, a Lisburn Northern Ireland-based manufacturer of air springs for vehicle seating, won new business to supply £600,000 (€766,000) a year of equipment to Commercial Vehicle Group (CVG) in Shanghai; Antrim-based Fastank won a deal to supply portable liquid storage systems for environmental clean-up operations at a major chemical plant in Shanghai; while BI Electrical, a specialist in electrical engineering services, has signed a £20 million (€25.5 million) China agreement with Keenshine in Shanghai.

– In December a team of Chinese veterinary inspectors visited Ireland to officially inspected Irish beef slaughtering and processing facilities. Irish beef producers are competing with Canadian and USA beef producers to gain China export approval. For Ireland to be the first EU member to have its beef approved for export to China would be major coup.

– The year ended on a high note with President Higgins of Ireland’s historic state visit to Beijing, Shanghai and Hangzhou, during which it was announced that President Xi Jinping of China had accepted an invitation to visit Ireland. (For additional insight into President Higgins of Ireland’s State Visit to China click the following url:  http://wp.me/p15Yzr-182)

President Xi Jinping of China welcomes President Higgins of Ireland to China

President Xi Jinping of China welcomed President Higgins of Ireland to China

Part 2: 2015 – The year that will be?

The one certainty in the relationship is that in the run-up to President Xi Jinping‘s return trip to Ireland, which is more likely to happen in 2016 (although with the next Irish general election expected to take place no later than 3 April 2016, the Irish Government will be pushing for President Xi Jinping to make undertake his State Visit to Ireland during the latter part of 2015) the political, economic and cultural relationship can only grow stronger. The one vulnerability is the transient Chinese economy, which although experiencing an extended period of volatility is unlikely to go off the rails.

Open Sesame

So soon after the close of such a vibrant year in Ireland – China relations, any talk of China’s massive appetite for Ireland’s baby formula, beef, pork suddenly metamorphosing into becoming a major cash cow at this point, is greatly overstated.

Every country trading with China wants a piece of the action, and in the food and drink sector competition is set to grow in intensity. For instance, Chile recently started exporting live cattle to China, while Australia recently concluded a free trade agreement with China that will give its exporters preferential pricing similar to that already enjoyed by New Zealand exporters.

It is highly probable that 2015 will see Irish beef producers benefit from the strengthened political bond by having their produce approved for export to China. Moreover, the formal announcement of a direct air-link and a significant rise in the numbers of tourists visiting Ireland are also highly likely.

Export opportunities

Relative to the overall size of the China market, for Irish businesses in search of China market opportunities, we would also beat the drum for:

  • Agricultural Technology;
  • Cleantech;
  • Construction Products and Technology;
  • Engineering;
  • Food Technology and Ingredients;
  • Healthcare and Hygiene Solutions;
  • Industrial Components (OEM suppliers), Life Sciences, Medical Devices (class I and II);

While in the B2C space, where domestic consumption is creating opportunities for foreign brands to sell products in China, the sectors we would make a pitch for include:

  • Foods and functional foods sold through grocery retail, health stores and on-line.
  • OTC and other products, e.g. baby products, consumer medical devices and aids, cosmetics, etc. that are sold through pharmacies, parapharmacies, health stores and on-line;
Foreign Direct Investment (FDI)

In addition, we are of the opinion that the time is ripe for a significant FDI from China, and in this regard two words come to mind: ‘Open Sesame’

Driven out of necessity, Hangzhou-based E-commerce behemoth Alibaba Group – arguably the world’s largest online and mobile company – is actively plotting its expansion to become a truly global company. Investments in Europe and the USA beckon. In this regard, we would be inclined to think the December visit by President Higgins and Minister of Finance Michael Noonan to Alibaba‘s headquarters in Hangzhou would have been quite effective in putting the squeeze on Jack Ma, Founder and Chairman, Alibaba Group, in considering Ireland as a possible location for further European expansion, bearing in mind that Alibaba already has an office in London’s Canary Wharf. (For additional insight into President Higgins’s visit to Hangzhou click the following url: http://wp.me/p15Yzr-18c)

President Higgins of Ireland meets Jack Ma, Founder and Chairman of Alibaba Group, in Hangzhou

President Higgins of Ireland met with Mr. Jack Ma, Founder and Chairman of Alibaba Group, in Hangzhou

Strategic sourcing

Given the extensive publicity that usually accompanies a China market breakthrough for an Irish exporter, it is easy to overlook the fact that the Ireland – China trading relationship is two-way.

Long known for manufacturing cheap products, over the past few years rising labour and real estate costs, have forced Chinese manufacturers to move up the value stream. Concurrently, an unrelenting series of tainted product scandals have generated a multitude of exacting government decreed benchmark quality standards. The ensuing marked improvement in product and food safety standards represents an economic transformation that is already rekindling China’s export competitiveness. By its very nature, we foresee Irish businesses increasingly focusing on China for strategic sourcing options, which over the course of the year will gradually eat into Ireland’s trade surplus with China.

Accurate Group – China Market Makers

Ireland is a long way away and Chinese people like to see a presence here. The first advice that we give to Irish companies coming to China is that they need to commit to the market. They are not going to come in and make a quick buck.

– Julie Sinnamon, CEO, Enterprise Ireland” Source: Irish Times, 15th December, 2014

The only way to succeed in China is to be aware and prepared – and to be on the ground. With this vital rule of thumb in mind, in 2014 Accurate Group, which is based in Hangzhou and Shanghai, was directly involved in developing China trade worth up to €4 million for Ireland’s food and drink sectors.

– By Niall O’Reilly

Niall O’Reilly is the Managing Director of Accurate Group, China Market Makers, and Director for China, Irish Exporters Association, has been based in Hangzhou since 2007.

Sourcehttp://www.accuratelimited.com/blog.view.php?id=l1UtkHyIg1Y= 

Niall O’Reilly

Managing Director, Accurate Group – Ireland China Market Makers

Website: For more ‘Accurate China Insights’ click  http://www.accuratelimited.com/blog.php

Twitter: @AccurateChina – China: The Ireland Angle

China Office : Accurate Group China, Hangzhou – O: +86 571 8709 1253

Ireland Office: Accurate Group, Dublin – O: +353-1 271-1830

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President Higgins plants the legendary city of Hangzhou on Ireland’s map of China

Why President Michael D. Higgins of Ireland’s State Visit includes the dynamic metropolis of Hangzhou.

The most beautiful city in China

In the 13th century Marco Polo is said to have described Hangzhou, which is situated in east China along the Qiantang River, as “the city of heaven, the most magnificent in the world”.

While many of the world’s metropolises can also be portrayed as magnificent, Hangzhou, the largest city in Zhejiang province, and one of China’s seven ancient capitals, is beyond doubt one of China’s most eye-catching and affluent cities.

With a GDP per capita of over €12,200 and a population of 8.8 million people, Hangzhou is home to two UNESCO World Heritage Sites:

One of the most picturesque wonders of China, the West Lake Cultural Landscape of Hangzhou, comprising the tranquil West Lake and the hills surrounding its three sides, has inspired famous poets, scholars and artists since the 9th century. It comprises numerous temples, pagodas, pavilions, gardens and ornamental trees, as well as causeways and artificial islands.

Grand canal, West Lake Cultural Square, Hangzhou

Grand Canal, West Lake Cultural Square, Hangzhou

Equally breath-taking is the Grand Canal, which was declared a UNESCO World Heritage Site in June this year. Dating back to the 6th century and stretching 1,776 kilometres (1,104 miles) from the southern terminus of Hangzhou north to Beijing, the Grand Canal is the oldest and longest man-made waterway in the world, at least 10 times the length of the Suez Canal and 23 times that of the Panama Canal.

Another symbol of the city is the sight of one of China’s most spectacular natural phenomena, the roaring Qiantang River tidal bore, or Silver Dragon, the world’s largest tidal bore that rising to a height of as much 12 metres (40 feet) rolls upstream every September.

That Hangzhou is also the capital of China’s national drink, tea – its celebrated West Lake LongJing, or “Dragon Well”, green tea, consistently ranking first among China Top 10 leading teas – and home to one of the largest and wealthiest Buddhist temples in China, the stunning Lingyin Temple with a history stretching back 1,600 years, it is no wonder that Hangzhou’s tourism industry caters for upwards of 93.16 million visitors a year.

Beauty and business go hand in hand

On Friday 12th December, on his first state visit to China as a guest of President Xi Jinping, President Michael D. Higgins of Ireland will take a 45 minutes journey on the Shanghai–Hangzhou High-Speed Railway aboard the ‘Harmony’ train. Not only symbolic of China’s rapid technological advancement – the 202 kilometres (126 miles) long line, designed for commercial train service at 350 km/h (217 mph) was built in 20 months – the trip is an explicit induction to the vibrant city of Hangzhou with its strong culture of innovation.

The city has strong economic growth of 8%, a business-friendly and farsighted government, an abundance of research and development facilities, and proximity to business professionals throughout the Yangtze River Delta, all of which have contributed to Hangzhou’s recognition as both the capital of China’s online industry, and a celebrated hub of entrepreneurship.

A study published last August by Spear’s (in association with leading wealth consultancy company WealthInsight source: http://www.spearswms.com/news/new-data-reveals-where-the-worlds-billionaires-are-born-4345872#.VA0nMEi5_Mlhttp:// ) ranks Hangzhou 15th of the top 25 global cities “where billionaires are born”, the city being home to six billionaires, all of whom are self-made.

West Lake Sunset, Hangzhou

West Lake Sunset, Hangzhou

Nobody typifies the new breed of Chinese entrepreneurship in a global era more than former Hangzhou-born school teacher Jack Ma, now China’s wealthiest man, who as the Founder and Executive Chairman of Hangzhou-based E-commerce behemoth Alibaba Group – arguably the world’s largest online and mobile company – leads a group of companies that reached a market value of €188 billion in September 2014. More than at any other of his meetings with China’s political elite, it is likely that at his meeting with Mr. Ma, President Higgins, who will be accompanied by Ireland’s Minister for Finance Michael Noonan, will come to truly appreciate the intrepid, confident, innovative consumerist spirit that makes China an essential market for Irish goods and services exports.

China’s ‘Silicon Valley’, Hangzhou is the stronghold from where Mr. Ma and his colleagues direct the online revolution that is turning China’s retail industry on its head: On the 11th November 2014 Alibaba’s Tmall business-to-consumer platform, an increasingly important platform for foreign retailers to penetrate China, ‘Singles Day’ online retail event achieved sales of around €7.6 billion. They are also plotting Alibaba’s expansion to become a truly global company. Investments in Europe and the USA beckon.

Twenty-seven years ago, when Zong Qinghou, a native of Zhejiang province, was 42, he made his living selling soft drinks and ice cream to schoolchildren in Hangzhou. Today, according to Forbes, Mr. Zong, as Chairman and Chief Executive Officer of Hangzhou Wahaha, China’s leading beverage company that employs over 60,000 people and has over 64 manufacturing facilities, or  “China’s drinks king”, is reputed to have a personal fortune of €9 billion making him the sixth wealthiest person in China.

Consistently topping the World Bank’s list of Chinese cities with the best investment climate, and rated by Forbes as one of the top 10 cities on the mainland for doing business, at the end of 2013 there were more than 12,000 foreign direct investment companies operating in Hangzhou while foreign investment surpassed €4.2 billion. Moreover, the city’s total foreign trade volume was almost €50 billion.

80,000 free bicycles, 2,000 electric public buses and 500 electric taxis

Maintaining Hangzhou’s advantage as a great place to do business in constantly requires improving the living environment and quality of life of its residents and visitors, an obligation that does not come without its challenges.

No challenge is more taxing then tackling the ecological problems associated with administering China’s 10th most populated city, and one of the most visited tourist cities in the world, not to mention the country’s deteriorating air quality and ecological environment.

For instance, with well over two million private cars on its roads, making it the second worst traffic congested of any major city in China, Hangzhou’s Leadership has taken a serious attitude on combating the issues by adopting zero-emissions public transportation, namely electric buses and taxis. Last June, in one of the world’s largest all-electric fleets ever ordered, Hangzhou purchased 2,000 long-range, battery-electric transit buses and 1,000 long-range, pure-electric taxi cars from BYD, the Chinese automaker backed by Warren Buffett’s Berkshire Hathaway Inc., whose buses have already hit the streets of London and California.

Anybody who believes that bike-sharing is a European transportation phenomenon should set foot in Hangzhou. Recently rated by USA Today as the world’s best public bicycle sharing system, comprising 80,000 free bicycles leased up to 400,000 times a day, Hangzhou Public Bicycle, which was only launched in 2008, is also likely the most extensively utilised bike-sharing scheme, anywhere.

Another ground-breaking project that is a testimony to the vibrancy of Hangzhou’s advancement is its subway system which opened in 2012, following five years of construction. By 2020, the city plans to five subway lines operating at a total length of 200 kilometres (124 miles).

Hangzhou, Silk Capital of China

Hangzhou, Silk Capital of China

Ireland and Hangzhou

For Irish exporters struggling to seize upon the lucrative sales opportunities to be had in what is now arguably the world’s largest economy, Hangzhou provides an ideal foretaste of the extraordinary growth in the purchasing power of China’s increasingly affluent middle classes.

The average price of a new home in Hangzhou is about €2,700 per square metre; with daily flights operated by KLM from Hangzhou to Amsterdam, Paris and London are high on the list of preferred destinations for Hangzhou’s high spending tourists; while Rolls Royce, Maserati, Aston Martin, and Gucci showrooms all report brisk business, doubtless boosted by the scores of millionaires recently created by Alibaba’s September IPO.

As individual prosperity rises, people are becoming increasingly conscious about their health and quality of life. For instance, local demand for imported high-quality food and beverages such as dairy and nutritional food products present significant opportunities for Irish suppliers, as do local government –backed projects actively encouraging fuel efficiency, cleaner water, and better sanitation. There are also considerable opportunities in Hangzhou for services-related exports in the tourism and education sectors. With regard to the latter, 36 tertiary colleges and universities with close to 450,000 students are located in Hangzhou, including China’s second best university, Zhejiang University, one of China’s leading medical schools, Zhejiang Medical University, and the renowned China Academy of Arts, the most influential fine arts academy in China.

The challenges for any Irish exporter entering what is still a relatively immature market are apparent. China’s rapid growth since its 1978 opening to the world has not meant greater transparency. Given that the available market information is generally unreliable or misleading, making sound business decisions can be difficult, while a simple misunderstanding of local business practices can harm efforts to develop solid business relationships. As such there is an inherent need for proximity to the customer base for Irish exporters.

The Irish Exporters Association and Accurate Group, an Ireland China market making consultancy have been on the ground in Hangzhou for close to seven years building strong relationships with key business and Hangzhou government decision-makers. Consequently, Hangzhou’s Leadership, including its Party Secretary and Mayor, has visited Ireland on a regular basis.

President Michael D Higgins of Ireland’s State Visit to this fabled city not only is a clear recognition of Hangzhou’s long and illustrious history, it is also a statement acknowledging the potential for extending the hand of trade and friendship between Ireland and Hangzhou, a new gateway for Irish business into China.

For more information about President Higgins of Ireland’s State Visit to China click on the following YouTube video-clip:

– By Niall O’Reilly

Source: http://accuratelimited.com/blog.view.php?id=bpe1QYxRz6M=

Niall O’Reilly, Managing Director of Accurate Group, China Market Makers, and Director for China, Irish Exporters Association, has been based in Hangzhou since 2007.

Niall O’Reilly

Managing Director, Accurate Group – Ireland China Market Makers

Website: For more ‘Accurate China Insights’ click  http://www.accuratelimited.com/blog.php

Twitter: @AccurateChina – China: The Ireland Angle

China Office : Accurate Group China, Hangzhou – O: +86 571 8709 1253

Ireland Office: Accurate Group, Dublin – O: +353-1 271-1830

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State Visit to the People’s Republic of China – President Michael D. Higgins of Ireland

The State Visit, the highest form of engagement, in diplomatic protocol, that one country can have with another, will be the 3rd overseas State Visit since the President of Ireland took office and is recognition of the warm relationship Ireland enjoys with the People’s Republic of China encompassing all aspects of the exchanges between Ireland and China in culture, education, trade and investment.

The President’s programme in China, which officially commences in Beijing on Sunday 7th December, will include State ceremonies, cultural, educational and business events, such as an Irish Cultural Performance in Beijing‘s Forbidden City Concert Hall, and Enterprise Ireland / IDA Ireland business and Embassy of Ireland Irish community receptions. A state dinner in his honour, hosted by the President Xi Jinping and Madame Ping will be held on Tuesday 19th December. On Thursday, 11th December, the Consul General of Ireland in Shanghai will host a reception for the Irish community, while on Friday 12th the President will visit the third city involved in the State Visit, Hangzhou. In Hangzhou, President Higgins will visit Alibaba, and have a meeting with Mr. Jack Ma its founder and Executive Chairman. Staying overnight in Hangzhou – perhaps at the West Lake State Guest House where Nixon and Mao signed the historic “3 Joint Communiques” in 1972– on Saturday he will visit the Lingyin Temple in Hangzhou, which dates back to 328AD, take a Bronze Dragon Boat trip on Hangzhou’s spectacular West Lake, followed by a visit to a Longjing Tea Plantation before returning to Shanghai by bullet train. President Higgins will return to Ireland on Monday, 15th of December.

The importance of high-level diplomatic visits between the Ireland and China, which are helping to widen and deepen bilateral relations, cannot be overstated, and in our opinion a substantial trade spin-off can be expected to follow this major State Visit. Real potential exists for further enhancing the relationship between Ireland and China in Ireland’s niche industry sectors such as energy and green technologies, food and agriculture, financial services and aviation leasing, pharmaceuticals, medical devices, educational services, and tourism.

During his momentous visit to China President Higgins can be expected to emphasise the importance of trade links, and, more importantly from a Chinese perspective, growing mutual trust, while encouraging even greater economic co-operation between China and Ireland.

State Visit to China President of Ireland Michael D Higgins to meet President of China Xi Jinping

While there is considerable optimism in Ireland’s agri-food sector about Ireland having the potential to resolve problems of food security in China, New Zealand’s and, most recently, Australia’s free trade agreements with China serve to highlight the daunting task Ireland dairy and meat producers face gaining traction in such an intensely competitive market. As Mark Twain observed “To get the right word in the right place is a rare achievement”. However, one point President Higgins is very good at is talking up Ireland and he will have separate official meetings at the Great Hall of the People with President Xi Jinping, Prime Minister, Mr Li Keqiang and the Chairman of the National People’s Congress, Mr Zhang Dejiang, the three most powerful people in China.

Why is China so interested in Ireland?

As noted in an earlier Accurate China Insight http://www.accuratelimited.com/blog.view.php?id=2Mic2J2sUyQ=

“both countries enjoy an excellent political, business and cultural relationship, much to the envy of Ireland’s European partners”.

Firstly, China’s political leaders are clearly impressed by Ireland’s ongoing economic renewal brought about by the country’s strict adherence to fulfilling its commitments as an international Monetary Fund (IMF) country programme country, as recognized by the IMF, the European Central Bank (ECB), and the European Commission. From an export dependency perspective, China has a vested interest in the European Union’s rapid return to growth and in this context Ireland is a shining beacon of light.

Secondly, such positive awareness dovetails with the ‘Irish Model’ that has proved so successful in the development of China’s own special economic zones areas. In Chinese political circles, whether we realise it or not, Ireland has made an important contribution to China’s economic development. In 1980, a visit by former Chinese President Jiang Zemin, then Senior Vice Minister of State Imports and Exports Administration, to the ‘Shannon Free Zone’ (the world’s first free trade zone) paved the way for Chinese companies to import goods into a special economic zone, manufacture or reconfigure the goods, and then export them without intervention of the customs authorities. The resulting export-led growth has delivered an economy that has experienced the fastest expansion in GDP per capita of any major economy in human history. In recent times after years of economic expansion China’s economic growth rate has being losing speed, in part due to a decline in demand for its exports from key markets. To stall the slowdown new economic prototypes are being assessed such as the fledgling Shanghai Free-Trade Zone that bears characteristics that can be traced back to the ‘Shannon-Free Zone’. The February 2012 visit to the Shannon Development Zone by President Xi Jinping, then Vice President of China, was no mere happenstance.

Thirdly, Ireland currently enjoys a unique position in Europe between two of China’s traditional rivals, the USA and the UK, which for China represents a “soft power” relationship it is determined to make the most of over the long-term.

Fourthly, in addition that Ireland is the only English speaking country in the Euro zone enjoying tariff and border free trade across the European Union makes for a useful entry point into the European market of 500 millions. However, from this perspective Ireland has yet to notch up any significant Chinese investments, a point that President Higgins will no doubt be highlighting during his meetings with China’s political elites.

During the second week of December Ireland will take centre stage in China like never before.

Source: http://www.accuratelimited.com/blog.view.php?id=uInfgiAwMQU=

Niall O’Reilly

Managing Director, Accurate Group – Ireland China Market Makers

Website: For more ‘Accurate China Insights’ click  http://www.accuratelimited.com/blog.php

Twitter: @AccurateChina – China: The Ireland Angle

China Office : Accurate Group China, Hangzhou – O: +86 571 8709 1253

Ireland Office: Accurate Group, Dublin – O: +353-1 271-1830

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Is Head of State President Michael D Higgins of Ireland embarking on a State Visit to China in December?

President Michael D Higgins of Ireland looks set to embark on a State Visit to China in December, which will cover the cites of Beijing, Shanghai and Hangzhou.

Thirty-five years since Ireland and China formalised diplomatic relations with one and other, Ireland is a country genuinely admired by China’s Communist Party leadership and business elites.

It is safe to say that both countries enjoy an excellent political, business and cultural relationship, much to the envy of Ireland’s European partners. The current state of Ireland’s relationship with China, a priority trade market for Ireland and the world’s second largest economy, can be best reflected in the frequent exchanges of high-level visits between our two countries.

Underpinning ever closer relations, although no official announcement is likely until the end of November, the President of Ireland Micheal D. Higgins looks set to embark on an historic State Visit to China in early December 2014 as the guest of President of the People’s Republic of China, Xi Jinping, whom he previously welcomed to Ireland in 2012, when Xi Jinping was still Vice President of China.

If the visit goes ahead as expected, it will be the first State Visit to China by a President of Ireland since June 2010 when the incumbent President of Ireland Mary McAleese embarked on an official visit to China.

As highlighted recently by the several significant business deals secured for the Ireland’s food and financial services sectors, the deeper Irish-Chinese relationship is bringing profit to both countries and a follow up State Visit to Ireland by President Xi Jinping can now be expected to occur over the next 18 months.

Irish trade with China is close to €9 billion a year, with a strong trade surplus in Ireland’s favour, with Irish business increasingly viewing China as a key market for Irish exports.

President of Ireland Michael D Higgins to meet President of China Xi Jinping in December 2014

At the invitation of President of the People’s Republic of China, Xi Jinping, the President of Ireland, Michael D. Higgins is expected to embark on a State Visit to China in December 2014

Source: http://www.accuratelimited.com/blog.view.php?id=2Mic2J2sUyQ=

Niall O’Reilly

Managing Director, Accurate Group – Ireland China Market Makers

Website:For more ‘Accurate China Insights’ click http://www.accuratelimited.com/blog.php

Twitter: @AccurateChina – China: The Ireland Angle

China Office : Accurate Group China, Hangzhou – O: +86 571 8709 1253

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Filed under Accurate China Insight, Accurate Group, Business, China, Ireland

‘The White Birds’, by William Butler Yeats

Written by, William Butler Yeats, Ireland’s greatest poet, ‘The White Birds’, is an expression of concurrent intertwined feelings when loving someone so much colludes with the crushing despair of unrequited love, when your beloved does not love you back: A sense of loss over something you will never have, being one of the worst feelings ever.

William Butler Yeats wishes that he and his beloved, Irish nationalist Maud Gonne MacBride, with whom he was infatuated, could take flight from their circumstances and be together. This wish is portrayed in the representation of the two of them changed into white birds floating on the sea-foam. He urges his beloved not to muse over mundane and forlorn images of this world – the fading meteor, the rose and lily, depicting the politics of Irish nationalist resistance – and restates his longing to be apart from the world with her, as two white birds together

Tir na nOg in Irish folklore is an imaginary land where persons live as long as fairies by the “Danaan Shore”

I would that we were, my beloved, white birds on the foam of the sea!

We tire of the flame of the meteor, before it can fade and flee;

And the flame of the blue star of twilight, hung low on the rim of the sky,

Has awaked in our hearts, my beloved, a sadness that may not die.

IMG_1902

“…on the foam of the sea…”  (Painting by Kathyrn O’Reilly 2006)

A weariness comes from those dreamers, dew-dabbled, the lily and rose;

Ah, dream not of them, my beloved, the flame of the meteor that goes,

Or the flame of the blue star that lingers hung low in the fall of the dew:

For I would we were changed to white birds on the wandering foam: I and you!

IMG_2061 (2)

“… haunted by numberless islands, and many a Danaan shore…”

I am haunted by numberless islands, and many a Danaan shore,

Where Time would surely forget us, and Sorrow come near us no more;

Soon far from the rose and the lily and fret of the flames would we be,

Were we only white birds, my beloved, buoyed out on the foam of the sea!

William Butler Yeats (1892).

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Filed under Ireland, Love, Poetry

When will a League of Ireland football club win the European Champions League?

How many hundreds of millions of €€€ would need to be invested (or what % of Ireland GDP) for a League of Ireland football team to win the European Champions League and how many decades would we have to wait?

Amateur versus professional arguments aside, and given the joint Irish, Scottish and Welsh big to host UEFA Euro 2020 wouldn’t an All-Ireland football league featuring teams from both the Republic and Northern Ireland raise competitiveness and Ireland’s footballing profile so we can attract the likes of Messi and Ronaldo to play for Shamrock Rovers and Sligo Rovers…. assuming hundreds of millions of €€€ are thrown at this obvious win-win use of public / private funds?

Perhaps Roy Keane could do for football in Ireland what David Beckham is doing across the pond in Miami… buy the League…. He’s loaded right? The TV pundit stuff is more for satisfying his ego, surely he doesn’t need what amounts to loose change.

All Ireland football league Euopean Champions league

Not even Saint Anthony, known as the performer of miracles, could create an ‘Irish Real Madrid’, no matter how much money was invested. With close to 300 million fans base, the world’s richest professional football club, having just won its 10th European Champions title, is in a high-performance footballing stratosphere of its own.

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Filed under Ireland, Niallism, Sport, weird

A circuitous route to an Irish polling station

A circuitous route to an Irish polling station - local and european elections- 23 may 2014 - China Dubai Hong Kong Thailand dublin votingFrom China (where the masses only get to vote for one party) to Hong Kong (where despite promises of universal suffrage to be introduced in 2017, Hong Kong citizens’ hopes of electing their own Chief Executive by one man one vote is diametrically contrary to the principles of China’s one party authoritarian system. In other words the Chief Executive will always be a hand-picked puppet of Beijing) to Bangkok (at 2.00 am on the 22nd of May, as I was sitting on the airplane in Bangkok Airport during transit Thailand’s military was setting in motion the usurpation of an elected Government, its nineteenth Coup d’Etat) in Dubai (which like China has embraced unbridled capitalism without political freedom), before finally arriving on Tuesday 19th May in an Ireland on the home stretch in the local and European elections campaigns, with the majority of people due to vote three days later.

The last time I voted was in the February 2011 General Election. Following the abysmal mess created by the Fianna Fail / Green Party coalition, I had made a decision to join the Fine Gael Party (I still have the official welcome letter signed by local TD Sean Barrett the Ceann Comhairle, or the speaker of Dáil Éireann). I even met Enda Kenny on his whirlwind visit to Stradbrook Rugby Club to drum up the party faithful Over a cocktail sausage he took my business card, put it inside his breast pocket and said he would be in touch in a few weeks to talk about China (It didn’t register at the time that, although he was to become the next Taoiseach, he was merely just another politician focused on the corridors of power, taking the populist line on anything and everything to get into office).

Anyway, never heard from anyone in Fine Gael again.  So be it.

And so to 23rd May.

Should I vote?

Yes. All people have a right to have a say in what is happening in Ireland. The alternative is a China, Hong Kong, Thailand or Dubai. What would happen if everyone decided not to vote? Where would Ireland’s democracy go? Who would run the country? What type of political system would Ireland have?

Does it matter?

Take the France versus Ireland rugby match setting last 15th March in Paris where Ireland, up against a ferocious French onslaught, held on to win 22:20 and be crowned RBS Six Nations Champions.  One Irish voice cheering alone wouldn’t have been heard, but when all those Irish fans who travelled to Paris collectively stood and shouted “Come on Ireland!”, then it mattered!

Perhaps my vote on its own isn’t going to matter, but I choose to cast my vote because I support Ireland’s democracy, our ability to elect the people who govern us, our right to be free, and our right to show the Government what we think of them.  People power.

Almost 100 years ago, in 1916 a group of Irishmen, including my grandfather, Dr. Michael William O’Reilly, and women stood up to British rule in Ireland and declared an Irish Republic. They were opposed by many of their peers. Seven years later Ireland had a free state. Change can happen.

Around the world on a daily basis people risk their lives by fighting and struggling to earn the right a vote, something which many Irish people take for granted, while past generations of Irishmen and women suffered to get us such a right.

Indifference changes nothing.

A circuitous route to an Irish polling station - local and european elections- 23 may 2014 - China Dubai Hong Kong Thailand ireland

Who will I vote for?

It has been a fairly brutal three years since the 2011 general election. Sure after the shambolic financial mess created by the previous Fianna Fail / Green Party Coalition Government, austerity cuts needed to be made.

However, I don’t like the way the country is being fixed. Inflicting crippling austerity, property tax, and water charges, flawed cuts and knee-jerk decisions, instigated by an increasingly aloof Government / political elite, have had a huge negative bearing on the lives of so many ordinary citizens, particularly the middle classes.

I no longer trust the establishment parties and whips that have caused Ireland so much destruction, while Sinn Fein will never get my vote. This time I will have the pleasure of not putting a number beside the Fine Gael and Labour candidates. Instead, I intend to vote for those independent (and People Before Profit) candidates who can really irritate, by constantly nipping at the heels of, the establishment.

It’s time to overhaul what is a worn out political system, but nothing will change if people do not get off their backsides and vote.

A circuitous route to an Irish polling station - local and european elections- 23 may 2014 - China Dubai Hong Kong Thailand

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Filed under China, Hong Kong, Indifference, Ireland, Niallism, Politics

Cringe-worthy awkward moments (gaffes) when Irish politicians and media expose China ignorance

1. Language skills

Leo Varadkar - ChinaActually, Ireland in Chinese has three syllables… Ai Er Lan… Just like home indeed Mr. Minister for Tourism and Transport!!

2. Geography

Awkward Moments

Awkward moment here for Irish Independent writer Donal Lynch…. The photo is of Taipei’s 101 Tower in Taiwan, not mainland China… so much for thorough desk research, checking sources and all that.

3. Exaggeration

Ireland's Food and Drink Agency, Bord Bia, promotes Tanaiste (Deputy Prime Minister) Eamon Gilmore to Prime Minister (总理) in China food promotion

Ireland’s Food and Drink Agency, Bord Bia, promotes Tanaiste (Deputy Prime Minister) Eamon Gilmore to Prime Minister (总理) in  St. Patrick’s Day China food promotion

4. Impressions

You Irish velly gud at software

– The remarkable comment in 2011 by leader of Micheál Martin, leader of Fianna Fail, Ireland’s catch all centrist populist party.

5. Pretending

Chinese Premier Zhu Rongji’s visit to Ireland in September 2001:

“I really wish the prime minister Ahern Bertie would stop saying ‘tanks tanks tanks’. He’s overdoing this Tiananmen protest stuff.”

Source: Torture of a Chinese PM http://www.independent.ie/opinion/analysis/torture-of-a-chinese-pm-26250637.html

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Filed under China, China Ireland, Culture, Ireland, Politics, tourism, weird

From Ireland, the Land of the Horse, Happy Year of the Horse!

从爱尔兰,被称为“马的土地”… 马年大吉!恭祝健康、幸运,新年快乐!

… which essentially means from the island of Ireland, Land of the Horse, where some of the finest horse breeds in the world are produced, I wish everyone good health, good luck and much happiness throughout the Year of the Horse!

Happy Year of the (Irish) Horse!!

Happy Year of the (Irish) Horse!!

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Filed under China, Chinese new year, Ireland

From Excess to Aloofness – Ireland’s Tin Gods

'Spoilt for choice - Ireland's electorate

Spoilt for choice – Ireland’s electorate

Watching this Government’s growing sense of self-importance is quite amazing, in fact galling. 

It is appalling to see the way the political supporters of successful parties line up at the trough for governmental patronage. Yet, when asked hard-hitting questions the conceited body language of Kenny, Gilmore, Hogan, Reilly, Howlin, Shatter, and Varadkar says everything: Unapproachable and increasingly remote from anyone who does not toe their line – which is probably a clear majority of our ‘spoilt for choice’ (not!) electorate.

At the end of the day when all is said and done these condescending characters are no different to the Fianna Fail /Progressive Democrats cohort when they were in power: Had they been in power under the influence of ‘Celtic Tiger’ excess, in all probability they would have crafted the same runaway train.

Before these unfriendly Government ministers utterly lose the run of themselves it is worth remembering that the politicians that the public likes best are not the arrogant, big-headed, pompous ones, but the human ones, those politicians who understand the very real challenges that so many missing-in-action voters, young and old, face every day.

Without the electorate these people are just tin gods.

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Filed under Indifference, Ireland, Politics