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Detail activities of the Luxembourg Delegation's State Visit to China
 
The 6 days State Visit of Luxembourg Delegation has ended successfully in Sep. 10th 2006. The members of the delegation were deeply impressed by both the highly developed Chinese economy and the friendly people in China. During the period of their State Visit, MECEC has organized the business matchmaking meetings was highly commended and gained remarkable effects.
To know more about this activity:
The name list of the entrepreneur of this activity The name list of the Chinese participants
The name list of the Luxembourg Delegation Detailed program of Luxembourg Delegation
The considerate service from MECEC

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Overview of Luxembourg

Luxembourg is one of Europe's oldest and smallest independent countries. It lies in northwestern Europe where Germany, France, and Belgium meet. It covers only 2,586 square kilometres.

For Luxembourg's total population, see the Facts in brief table with this article. Luxembourg has scenic areas of rolling hills and dense forests. The whitewashed houses of the country's small towns and villages cluster around medieval castles and churches.

Luxembourg is one of the world's most industrialized countries. Most of its industries are located in the southwest corner of the country

Luxembourg, located in the middle of Europe, owned a marcket with 45 million consumers.
 
History

Founded in 963, Luxembourg became a grand duchy in 1815 and an independent state under the Netherlands. It lost more than half of its territory to Belgium in 1839, but gained a larger measure of autonomy. Full independence was attained in 1867.

Overrun by Germany in both World Wars, it ended its neutrality in 1948 when it entered into the Benelux Customs Union and when it joined NATO the following year.

In 1957, Luxembourg became one of the six founding countries of the European Economic Community (later the European Union) and in 1999 it joined the euro currency area.

 
Overview of Luxembourg Economy

The recognized advantage of Luxembourg is its location, skilled labourforce, highly benefitted investment, neutralism, easily contacted government and attractive tax structure.

 
Eximious Finance network

Luxembourg's Finance Network is composed by 162 banks, 22500 employees and its total capital over 6.95 billion Euro.£¨From£ºCSSF£¬Apr. 2005£©

Major Bank£º

*Deutsche Bank

*Dexia Banque Internationale à Luxembourg

*Banque Générale du Luxembourg

*Banque et Caisse d' Epargne del' Etat

*HVB Banque

£¨From£ºLuxemburger Wort£©
 
Industry

Since the second half of the 19th century, Luxembourg industry has developed spectacularly, owing to the rapid growth of the steel industry, the development of which is at the basis of the prosperity and high standard of living which Luxembourg enjoys today
Milton Factory
Bolton Factory
Plastic Injection Machine Assembly
Advanced Manufacture Center
Insecticide-free Scenery
 
Service Industry

Thanks to the laws that do much favor to bank operating and tax, Luxembourg has become the major center of the international bank. The employees of banking, financing and insurance is neerly 13% of total labour force. Stock exchanging, especially the European stock markcet and investment management are also very active. The development of financing also accelerated the development of service industry. Worth to notice that the international data center has already transfered to Luxembourg. Travel Industry also play an important role in national economy.