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INAUGURATION OF EUROSITY

June 12 2014

INAUGURATION OF EUROSITY

EuroSity, the first Sino-European integrated hub developed by SFECZ in Châteauroux, was inaugurated on June 11 in the presence of Beijing Capital’s management, representatives of the Chinese Embassy in France, the Mayor of Châteauroux and president of the Castelroussine of Community of Cities, and various government officials of the department of Indre and the Centre region.

At a time when France and China are working together to balance the trade volume between the two countries, Eurosity’s launch takes place in the context of developing prospects of Sino-European trade.

Eurosity wants to be a direct response to this outlook for future developments, and provides businesses via its integrated model, with a framework to establish lasting and successful partnerships.

EuroSity, which will extend over a term of 440 hectares, is structured around three areas of cooperation:

• Economic cooperation through its industrial, commercial and logistics platform;

• R&D cooperation via research centers;

• Academic cooperation via the international higher education center of Châteauroux.

EuroSity will thus enable Chinese enterprises:

- to make their production sites and their aftersales services more accessible to the vast market of 350-million European consumers;

- to develop partnerships in order to improve the know-how and quality of their products and to strengthen their brand image.

And EuroSity will enable European and French companies :

- to create commercial and R&D partnerships with Chinese companies ;

- to enhance the promotion of their know-how and their exports to China.

As part of the development of the Higher Education Center, an agreement was signed with the AFORMAC professional training organization, particularly involving the exchange of students and professionals and the establishment of Chinese, French and European joint curricula. This follows the similar agreement established a few days earlier with HEI, the engineering school of Lille and Châteauroux.

The development of Eurosity will also extend to the Northern Martinerie, where the international higher education center of Châteauroux will be implemented; the renovation of the western part (studios students, canteen, classrooms and administrative offices) will start by the end of July. Delivery is scheduled for late 2014.

The main industrial sectors developed within EuroSity are: electronics; IT (hardware and software); telecommunications equipment; electrical and electronic consumer goods; new energy; eco-industries; biochemistry; agricultural equipment; automotive; aeronautics.

Investments could translate into any of the following: production base; research unit; logistics unit; after sales service; representative office; Franco-European headquarters.

"EuroSity is a precursor project of Beijing Capital Land abroad. Building this platform is of strategic importance to the group and in a context of strong development of Sino-European trade. We chose France for its many strengths: the quality of its expertise, the level of qualification of its workforce, its industrial sectors of excellence and its ideal geographical location. In the heart of France and Europe, Châteauroux has all the assets necessary to ensure the success of EuroSity and establish lasting and fruitful partnerships between Chinese and European companies, "said Mr. TANG Jun, President and Executive Director Beijing Capital Land (BCL).

"With the launch of EuroSity today Châteauroux signs its return to the front of the economy. Closer to the major European hubs, our land of Berry has worked, and is tenaciously working, to implement this wonderful project, " said Gil Avérous, Mayor of Châteauroux and president of the Castelroussine Community of Cities.

"Our goal is that eventually the hub EuroSity becomes one of the main catalysts of the Sino-French and Sino-European cooperation" concluded Mr. Wang Shouyu, president of SFECZ.

Also attending the ceremony were key local actors: Jean-Marc Giraud, General Secretary of the Prefecture of Indre, Louis Pinton, Senator and President of the General Council of Indre, Paulette Picard, President of the CCI of Indre and the CRCI Centre and Marie-Madeleine Mialot-Muller, Vice-President of the Board of the Centre region.

The inauguration of EuroSity took place in the frame of the fiftieth anniversary of the Franco-Chinese diplomatic relations.

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