国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Top Photos

Magnetic attraction for EU SMEs

By He Wei in Shanghai (China Daily) Updated: 2013-08-05 07:17

Magnetic attraction for EU SMEs

 [Photo/China Daily]

European companies see new chances in China to expand

With the growth of total foreign direct investment in China falling off, the biggest waves of capital inflow may have passed. But the waves still come. Only now, they tend to be smaller or medium-sized and come roaring in from Europe.

Many expected FDI in China to continue to fall this year, after dropping 3.7 percent year-on-year to $111.72 billion in 2012, but investment from the European Union climbed 30 percent to $2.47 billion in the first four months.

In the first half of this year, foreign investors established 10,630 companies in China, down 9.18 percent year-on-year, while total FDI inflow rose 4.9 percent year-on-year to $61.98 billion, according to the Ministry of Commerce.

The investment surge from the EU is being called the new wave of capital migration and is being ridden largely by small and medium-sized enterprises that have positioned themselves at the head of niche businesses.

Magnetic attraction for EU SMEs

"It marks Europe's third wave of overseas investment," Piter de Jong, vice-chairman of the European Union Chamber of Commerce in China, told the South China Morning Post. "The first two waves were made some 20 to 30 years ago from, first, the state-owned enterprises and later big private corporations. Now it is the turn for SMEs."

SMEs recently looking to enter China include small autoparts suppliers, green technology firms and consumer goods distributors, and De Jong expects more to come.

Why they come varies from company to company, but it is now less to do with labor and operation costs and more to do with technological innovation and improvement.

Not so long ago, Thomas Pester, owner of Pester Pac Automation GmbH, a German packaging machine maker, would never have thought about expanding his 125-year-old family business to China, especially during difficult economic times.

Now he is building a new plant in Shanghai's Songjiang district, the only other plant outside his home market, to serve the pharmaceutical and cosmetics industries in China and neighboring countries.

"Every company must find out for itself when and why to invest," Pester says. "For us, a family-run business, it's quick and easy to make decisions."

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
泽州县| 衡南县| 道孚县| 广汉市| 册亨县| 资溪县| 外汇| 岑溪市| 镇赉县| 盐津县| 吉水县| 威宁| 荥阳市| 阿尔山市| 苗栗县| 临清市| 天峻县| 陆丰市| 峨边| 上高县| 略阳县| 宝山区| 贵定县| 侯马市| 乳山市| 仲巴县| 永和县| 微山县| 富平县| 莫力| 榆树市| 桓台县| 双牌县| 同德县| 科技| 兰西县| 泰顺县| 万宁市| 彭山县| 香格里拉县| 温州市|