Midlands Engine: Market visit to China

The Midlands Engine initiative aims to boost economic growth across the Midlands including through enhanced trade and investment. Join the first Midlands Engine market visit to China, the world's second largest economy and home to over 1.38bn people.

Published on 18 August 2016

The initiative runs from 30 October to 5 November 2016.

To register your interest email: marketvisits@uktiem.co.uk or tel: 0345 052 4001.

What is the Midlands Engine?

The Midlands Engine for Growth is an ambitious plan to grow the regional and UK economy to generate an additional £34bn over the next fifteen years and to create 300,000 jobs

By achieving this ambition the Midlands Engine will ensure our region is at the centre of future economic success in the UK and beyond.

It will create jobs, support the growth of our economy and increase tourism, inward investment, develop import / export opportunities for new and existing businesses.

How will the Midlands Engine deliver its ambitious plan?

Promote the region's strengths, assets and opportunities for business and tourism to key domestic and overseas audiences.

Connect the region with a long-term transport investment strategy through Midlands Connect - to improve and increase capacity in the region's road and rail networks.

Innovate by identifying opportunities with businesses and Government and driving up business productivity and competitiveness through our universities.

Support business growth through a single and substantial finance proposition which will increase employment and diversify our business base.

Skills will be tailored by training providers so the region's jobseekers have what local employers need to improve their productivity and grow more quickly.

Who is behind the Midlands Engine?

The Midlands Engine is a partnership between the region's Local Enterprise Partnerships, businesses, universities, local authorities, and wider partners.

Partnered by Government and was launched in December 2015 by Sajid Javid MP.

Chairman is Sir John Peace, chairman of Standard Chartered plc and Burberry plc.

Success to date

A foreign investment hub create 1,400 jobs and bring £15m of foreign investment.

£250m Investment fund for SME.

Secured £180m of funding to accelerate energy research across the Midlands.

Distributed £2m to support eight regional foreign direct investment projects.

Programme of trade missions to the US and Canada, China and India.

Links to useful documents

The following document is in Portable Document Format (PDF). You can download software to view PDF documents for free from the Adobe website (opens in a new window)