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Swiss Confederation & People’s Republic of China Celebrate the Official “Free Trade” agreement

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Hublot has been chosen to Create the commemorative Official Watch. To be presented by Jean-Claude Biver and Swiss Confederation Officials in Beijing at the 2014 Sino-Swiss Economic Forum.

July 1st, 2014, Beijing China – The 2014 Sino-Swiss Economic Forum, aiming at enhancing Sino-Swiss bilateral trade cooperation and improving competitiveness and sustainable development of the two countries, opens today in Beijing. This signifies the epoch-making Free Trade Agreement (FTA) between the People’s Republic of China and the Swiss Confederation enters into force. With its remarkable success in watchmaking business, Hublot has been chosen as the exclusive Swiss watch brand to release Official Watch paying tribute to the moment in the economic cooperation and excellent bilateral relations between Switzerland and China.

The Sino-Swiss Economic Forum is jointly organized by the Swiss-Chinese Chamber of Commerce and the Swiss Embassy. Jean-Claude Biver, Chairman of Hublot and President of LVMH Group, Watches Division, was present at the

event and joined Ambassador of Switzerland in China Jean-Jacques de Dardel, State Secretary for Economic Affairs of Swiss Confederation Marie-Gabrielle Ineichen-Fleisch, as well as eminent guests from the Sino-Swiss business community, academia and government organizations. Key topics were discussed on the strengths complementing the economic cooperation, i.e. quality, innovation, competitiveness and sustainability.

Switzerland is a world-renowned high-end manufacturing powerhouse, and Swiss traditional high-end watchmaking industry is the mainstay of the "Swiss-made" heritage. With the Sino-Swiss FTA taking effect and the development of China's manufacturing industry and consuming capacity, the two countries have unprecedented opportunities in economic and trade cooperation benefitting the watch industry.

Jean-Claude Biver, Chairman of Hublot and President of the LVMH Group, Watches Division, said:  “I am very honored to represent the Swiss watch industry to participate in the Sino-Swiss Economic Forum, and to witness a

new future of bilateral economic and commercial exchange between the two countries. China is one of the most important markets for Hublot. I believe that the Sino-Swiss FTA will provide us with a huge opportunity and Hublot will demonstrate greater strength under a more open, equal, matured and mutually beneficial market environment."

Jean-Jacques de Dardel, Ambassador of Switzerland in China said: " Thanks for Hublot’s great support to the Sino-Swiss Economic Forum. Switzerland is a world-famous cradle of watchmaking with centuries of treasurable history and heritage, and at the same time our innovations in precision machinery and manufacture processes give impetus to a sustainable growth of our core competitiveness. Today, the Swiss watchmaking industry continues to develop vigorously development and leads the global market. We are very pleased to see that the referential Swiss watch is well recognized by Chinese consumers. I look forward to extensive bilateral exchanges and long-term collaboration between the two countries."

To commemorate the moment, Hublot presented Classic Fusion Sino-Swiss

FTA Limited Edition, an iconic Classic Fusion case of 45mm diameter and satin-finished dial. The chronograph dials are located at 3 o'clock and 9 o'clock with Chinese and Swiss national flags carved on. Adding an attractive touch, the caseback is engraved with "Sino-Swiss FTA takes effect" and "July 1st, 2014", symbolizing the historic moment. The piece is completed with a black rubber strap with black alligator with red stitching representing Chinese national color. It is available in King Gold (extra-precious red gold containing 5% platinum) with 20 limited pieces, and titanium with 30 limited pieces. As an important part of corporate social responsibility, Hublot will spare no effort in continuously supporting the promotion of Swiss culture and traditions in the spirit of innovation, and plays a driving role for the future of Swiss high-end watchmaking industry.

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