The Silk Road connected Asia with Europe until the 15th century. Now, the leader of China, Xi Jinping, intends to recover this commercial connectivity through OBOR, a commercial strategy that promises unlimited business opportunities between China and the rest of Europe. Entrepreneurs and the Spanish State must prepare for this.
China is returning to see Spain invest their capital. The commercial and strategic cooperation between companies and institutions of both is growing by leaps and bounds. An example of this can be seen in professional football.
Ofo has already arrived in Spain, the first Chinese bicycle rental service located in the country. The lease for travel is made through the use of a mobile phone app and works without the need for fixed stations.
The pilot phase of the company will have 110 bicycles available for interested users.
“China invests” is the new proposal of the Chinese government to attract local investments to Spain. Without discriminating between activities or sectors, this project seeks to connect Chinese entrepreneurs with Spanish companies.
Mobile payment is a medium that offers the technology to perform financial transactions through mobile phones. The range of operations is varied and can be expanded further.
It is a contactless payment method, which uses a specific technological platform called NFC technology (Near Field Communication). This tool is integrated into mobile phones by means of a chip.
With a ratio of population to territory that exceeds the possibilities of producing its own food, China is the main buyer of the world’s agriculture products. Spain is taking important steps to sustain itself in the Chinese market. The increase in the number of agrifood exports from Spain to China represents 25% of its total exports. The trend shows an increase in the coming years.
Long-awaited news: direct flights between Spain and China arrive
After bilateral efforts of the Civil Aviation of Spain and China, it has been possible to expand the connectivity between both countries, within the framework of their bilateral agreement of States. This expansion is of special interest for Spain, which, through its Ministry of Public Works, strives to promote new international markets. For this purpose, the improvement of connectivity is fundamental.
On September 6, the Spanish National Court indicted the world’s largest bank, the Industrial and Commercial Bank of China (ICBC). The reason: money laundering linked to mafias of Chinese origin that generate business in Europe. The measure has consequences for the European subsidiary.
