Elite Capital & Co. Limited strengthens global position by joining China-UK Business Council
LONDON, March 5, 2024 (GLOBE NEWSWIRE) — George Massar, Managing Director of Elite Capital & Company Limited, today announces that Elite Capital & Company has become a full member of the China British Business Council (“CBBC”). Did. ).
“Elite Capital & Company Limited’s addition as an active member of the China-UK Business Council strengthens its economic, political and financial influence in the world and supports the government through the Government Future Financing 2030 programme. We can achieve our vision of supporting the project,” he said. George Massar said.
CBBC plays a key role in helping to shape the bilateral relationship between the UK and China through its close relationships with UK and local governments. Chinese government at national, provincial and city levels. and the British and Chinese embassies.
CBBC's history dates back to the early 1950s, when British companies first traded with communist China. That was the 48 Company Group (founded in April 1954). At the same time, the British government had a semi-official trading body known as the Sino-British Trade Council, which facilitated British participation in Chinese trade fairs and exhibitions. Britain was the first Western country to recognize the People's Republic of China, but China did not fully recognize Britain until her 1972.
The China-British Trade Group (“CBTG”) was established in 1991 through the merger of 48 Groups with the China-British Trade Council at the initiative of the then UK Department of Trade and Industry.
In the early 1990s, high-level visits from China to the UK resumed. In November 1992, Vice Premier Zhu Rongji became the first Chinese leader to participate in a seminar with British companies held at the British Stock Exchange. Presentations from privatized industries hosted by CBTG and the Stock Exchange.
In 1998, the organization changed its name to the China-UK Business Council ( “CBBC”).
In November 1999, the UK welcomed its first head of state, Jiang Zemin, from the People's Republic of China, who was welcomed at a business lunch hosted by CBBC at Banqueting House.
The September 2019 general meeting was particularly significant as it commemorated CBBC's 65th anniversary, welcomed Sir Sherard Cowper Coles as the new chair of CBBC, and appointed Lord Sassoon as CBBC's first president. I did.
“For my part, I would like to congratulate the Board of Directors of Elite Capital and Company Limited, headed by Dr. Faisal Khazare, on this remarkable progress in the development of the company's business at the global level and its growing influence in finance. 'We have to represent the 'industry,''' George Mataru said.
Elite Capital & Co. Limited is a financial management company that provides project-related services such as management, consulting, and financing, especially for large-scale infrastructure and mega-commercial projects.
Elite Capital & Co. Limited offers extensive experience in banking and financial transactions and provides a wide range of professional advisory services for private clients, medium and large corporations, and governments. It is also the exclusive manager of the Government Future Financing 2030 programme.®.
George Mataru, MBA. He concluded his statement by saying: “The next step is to develop a fruitful economic plan based on supporting and strengthening Sino-British relations and submit it to the Sino-British Business Council to consider the possibility of implementing a plan that will benefit both countries.”
Elite Capital & Co. – Contact Information –
Elite Capital & Co. Limited
33 St. James Square
London, SW1Y4JS
England
Phone: +44 (0) 203 709 5060
SWIFT code: ELCTGB21
LEI code: 254900NNN237BBHG7S26
Website: ec.uk.com
Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/d6b994e6-277a-4775-8c5a-a7b8d1269c97
