Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

China Urges Bulgaria to Boost Product Advertising
Date: 11/10/2010
China Urges Bulgaria to Boost Product Advertising

China has suggested to Bulgaria to increase the marketing and advertising of its goods in China, in order to boost the consumers' interest.

The suggestion was made Monday by Wan Jifei, the Chair of the China Council for the Promotion of International trade.

He is leading a Chinese delegation, which participates in a joint forum with Bulgarian companies, organized by the Bulgarian Chamber of Commerce and Industry (BTPP).

According to Jifei, Bulgarian producers should participate in exhibitions and fairs, in order to popularize their products. He also pointed out the opportunity of organizing a joint project for advertising between BTPP and the Chinese institution.

Bulgaria's Economy Minister, Traicho Traikov, has stated that there is an opportunity for traditional Bulgarian products, like yogurt, wine and essential oils to be expanded in China.

"However, we owe the business. We need to provide a better infrastructure and logistics,"Traikov said.

He has reiterated the government's intention to create conditions for making Bulgaria "the EU door for Chinese imports."

Chinese companies have participated in several business forums with Bulgaria in the last few months. Traikov, as well as Bulgaria's Finance Minister Simeon Djankov, visited China, in order to present the opportunities for investment in Bulgaria.

So far, the only specific result of the negotiations between the two countries is the agreement for creation of a joint company to operate the future business zone to be built in Bozhurishte, near Sofia.

According to information from the Bulgarian Ministry of Economy, the Bozhurishte project has an area of about 500 acres and close to 1/3 of them will be allocated to Chinese companies.

Minsiter Traikov has stated that Chinese companies are interested in investing in the fields of electronics, infrastructure, energy, agriculture, engineering and construction materials.

Bulgaria's Deputy Economy Minister, Evgeni Angelov, has stated that China also wanted to invest in the construction of the Belene nuclear power plant, Hemus Highway and in Kozloduy NPP.

Traikov has explained that the investment model has become more transparent.

"The model includes funding from the China Development Bank and from the US Eximbank to companies, which want to invest in Bulgaria," he said.

Topic: Business

Featured District
Invest Bulgaria Charts
FDI to Current Account Deficit of Bulgaria
FDI to Current Account Deficit of Bulgaria

Employed People in Bulgaria
Employed People in Bulgaria

See all charts
Did You Know?
Bulgarian Weddings
Bulgarian Weddings
In Bulgaria, wedding bands on worn on the right hand, not the left as in the West. ... More

Pirin National Park lies in the highest part of the Pirin Mountain. Forests cover 60% of its total area. Trees between 280 and 1000 years old have been declared natural sites, the oldest one being the 16 meter high Baikousheva white fir which is 1200 years of age.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2021 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

Лимузини под наем Electric and Hybrid Modules Repair SEO оптимизация Bulgaria Translation Bulgarian Agriculture
Bulgarian Textile Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.

Our Featured Members