Latest News:  
Beijing   Overcast/Sunny    7 / -2   City Forecast

People's Daily Online>>China Business

Trade center may act as European hub

By Cecily Liu  (China Daily)

09:21, February 21, 2012

ATHLONE, Ireland - A proposed development project in Ireland may soon change the way Chinese products are brought to Europe.

The project, known as the Europe China Trading Hub, will provide space for Chinese manufacturers and traders to display their products to European and international buyers.

The hub would be located in Athlone, a town of 18,000 in central Ireland, 90 minutes by train from Dublin airport.

"The ECTH will bring Chinese goods to Europe, thereby saving importers the travel costs to China and also give them a feeling of security when paying in advance for their orders," says John Tiernan, chief executive of Athlone Business Park, the development company that submitted the planning application for the project's first phase in May.

The project's investor is a Chinese development company, which is unwilling to reveal its name. Funds for the project will come from a combination of private equity and pre-sales of exhibition spaces.

Tiernan says that the Chinese investors considered a number of venues in Britain, Ireland, the Netherlands and Belgium, but decided upon Athlone in 2008.

"They were looking for a patch of 121.4 hectares of land held by a single owner, and they needed an area that would not be affected by adjacent developments, and Athlone was a good choice," he said.

Plans for the project predict that at least 400 Chinese businesses will use the trade hub to launch their products in Europe, according to recent newspaper reports.

【1】 【2】


Leave your comment2 comments

  1. Name

romanov at 2012-02-2280.94.16.*
2012-2-21.Hub?I see seat"s european center in cellar"s.European a idea where sense a logic.Demonstration-Hungary business with China to find in Ireland?Cost"s.To call local ireland"s invention.
PD User at 2012-02-21183.39.55.*
Great example of trust and friendship!

Selections for you

  1. Xi lays wreath at mausoleum of Mustafa Kemal Ataturk

  2. Heavy snowfall hits southern Kazakhstan

  3. Media members visit Fukushima nuclear plant ahead of quake anniversary

  4. Ice melting on Danube River in Belgrade

Most Popular


  1. Deposit reserve ratio cut does not mean policy shift
  2. Is West genuinely trying to 'save' Syria?
  3. China's Linsanity
  4. Ancient technology education program launched
  5. Banks' reserve ratio cut aims to spur growth
  6. China, India should treat competition rationally
  7. China takes responsible attitude towards Syrian
  8. Admire Jeremy Lin for his skills, not the way he looks
  9. VP Xi's U.S. tour hailed as future-oriented landmark
  10. Vote on Syria resolution shows responsibility

What's happening in China

Cyclist back in saddle for world tour

  1. Travelers can wait in comfort at airport
  2. Massive wage hike for Foxconn workers
  3. Silk Road reopens to cultural exchanges
  4. Authorities shut down 7,846 illegal websites
  5. 134 arrested for producing and selling "gutter oil"

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai