Foreign investment in China shows signs of a new round of escalation

Source: Internet
Author: User
Keywords Sony China international finance China
Tags all levels business customs development digital enterprises export finance
Shanghai, April 18--an important window to attract foreign investment in China Shanghai Pudong, the recent changes have reflected the international financial crisis after the foreign investment in China a new round of signs of upgrading.  Pudong Jinqiao is China's first export processing zone, General Motors, Sony, Motorola and other multinational enterprises in the hundreds of production line layout in this, has been entitled "World famous Gold Bridge" reputation.  Over the past 20 years, Jinqiao Export Processing zone has accumulated production of 2.7 million cars, 122 million-line digital switchboard, 4 million wafers, 7600多万部 mobile phones, more than 14 million PCs, more than 85 million air-conditioning compressors, more than 12 million home air-conditioning, more than 3.9 million refrigerators. However, in the past 4 years, the production services in the 255 projects introduced by the Jinqiao have reached 172, and the total investment in the newly introduced projects amounted to $1.244 billion, of which the total investment in productive service projects amounted to 911 million dollars.  The Golden Bridge, once a multinational manufacturing giant, is now becoming an important base for attracting foreign investment in modern services. The most typical is General Motors. Without much impact on the United States, GM, which has already put up a car depot at Jinqiao, is still in the grip of a 250 million-dollar China park.  After its completion, the park will not only integrate its Asia-Pacific headquarters, China headquarters and other local operators, but will also set up a new GM forward-looking technology research center dedicated to basic research on forward-looking Technologies for automotive energy and environmental friendliness. Like GM, Alcatel-Lucent Asia-Pacific Headquarters and LG Electronics Global Research and Development center have also settled in the Golden Bridge.  Shanghai Jinqiao (Group) Co., Ltd. general manager Yupeo said that after the international financial crisis, China's market for multinational enterprises, the importance of a corresponding rise, so just over the difficulties of multinational companies have to accelerate the pace of the Chinese market, began to put more high-end and more important business to China. Inoue, chairman of Sony Logistics Trading (China) Co., Ltd. said that the original main function of the Sony Logistics trade was to deliver products from Sony's factories in China to the rest of the world and to send parts purchased in China to Sony overseas factories.  But in the aftermath of the financial crisis, China has been more than just a production center and distribution Center for Sony, and it will be an increasingly important sales market. The sales of Sony's logistics trade in 2009 were 15 times times that of 2005.  Inoue said that the future of China's regional headquarters will play a more important role in the entire Sony logistics chain, the world's products will be shipped to China will be a highly growth of future business.  Industry light, high-end, has become the international financial crisis after the foreign investment in Shanghai, such as the main trend of the first-tier cities. Last October, the Blackstone Group, the internationally renowned private equity firm, announced that it would raise about 5 billion yuan in China, investment in Pudong and around Shanghai; another well-known private-equity firm, Carlyle Group, also announced in February this year that it would work with China's private-sector Fosun group to set up a joint brandRMB funds, the initial amount of 100 million U.S. dollars. "China's rapid economic development has made China one of the most promising regions in the world for investment," he said. "David, co-founder and managing director of Carlyle Investment Group?" Rubinstein said.  Currently, Carlyle Investment Group has invested more than 40 projects in China, with an investment of more than 2.5 billion dollars. For a long time, foreign private equity firms have invested in China mainly with the investment funds, but after the international financial crisis, RMB funds set up by foreign capital have been emerging.  Shaw, founder partner of Germany and capital, said that the high growth of Chinese companies and the return of high P/E in China is an absolute attraction to foreign investment and the reason for foreign financial institutions to accelerate their expansion in China as soon as they exit the crisis. Feeling the new trend of foreign investment, Chinese governments at all levels have taken steps to encourage foreign investors to share China's development opportunities at a higher level.  April, the State Council on the further use of foreign investment in a number of views published, foreign companies in China, such as the listing restrictions broke.  In the forefront of the construction of the International Financial Center in Shanghai, the Government is considering the establishment of relevant management measures, the introduction of QFLP (Qualified Overseas limited partners) to participate in the launch of the establishment of Renminbi equity investment fund, that is, to allow foreign funds through certain channels, under certain management conditions to form renminbi settlement, and Some of the foreign companies that are upgrading have benefited from a better investment climate created by Chinese governments at all levels.  In April this year, the Customs, inspection and quarantine and foreign exchange management Departments of Shanghai comprehensive bonded Zone have launched a number of policies to promote trade and investment facilitation, one of which is to simplify the customs clearance and inspection and quarantine procedures for the import and export trade of waigaoqiao construction machinery. "These policies are too important for us. "The CEO of the Kay Engineering Machinery (Shanghai) Co., Ltd.," said Dell.  The company has business in 28 provinces and cities in the country, 30 tons of parts need to be flown by air every year, and 14,000 parts need to be kept in a bonded warehouse, the customer needs to be sent to all over the world. "More convenient customs procedures are essential to improve the timeliness of supply." "With the support of the new policy, we are confident that in the future we will maintain an average annual growth rate of more than 36% per cent over the past 5 years," said Dell. ”
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