www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China 'still a draw' for many US firms

By Li Jiabao (China Daily) Updated: 2012-05-16 09:40

China is still an attractive destination for US investments despite rising labor and raw material costs, according to the US Chamber of Commerce.

"Absolutely, China is still an attractive destination for US investment, but increasingly not on a wage basis, as emerging economies like Vietnam and Indonesia have lower wages," Myron Brilliant, senior vice-president of the international division of the chamber, said.

"US investment in China is changing slowly. One of the most attractive points of the country is the size of the economy and the 1.3 billion population. There is a desire (among) US investors to manufacture and produce here and sell to the domestic market," he said.

Brilliant urged Chinese investors to look at commercial development in the US and expand investments in the US in industries such as retail, manufacturing and real estate, since millions of jobs depend on foreign direct investment.

The first four months saw investments from the US, one of China's major sources of foreign direct investment, edge up 1.9 percent year-on-year, after a full-year decline of 26 percent in 2011, according to the Ministry of Commerce.

"US investment in China will keep increasing this year because China has been a top investment destination for many years with its infrastructure and high-quality labor.

"In the next five to 10 years, China will still be a highly attractive investment destination having enhanced efficiency and an expanded domestic market supported by rising incomes," said Wang Haifeng, director of international economics at the Institute for International Economic Research, a think tank under the National Development and Reform Commission.

Foreign direct investment (FDI) in China edged down 0.74 percent year-on-year in April. FDI has been falling on a year-on-year basis since December, according to the ministry.

"The sluggish world economy affected global direct investment and preferential policies in other emerging economies have brought more competition for China to attract FDI.

"At home, rising costs blunted the competitive edge for foreign investors and China began to focus on the quality of FDI, which together affected the scale of foreign investment flowing into China," Shen Danyang, ministry spokesman, told a regular news briefing on Tuesday.

Wang said that rising costs will drive US investment to western parts of China, and make use of low labor and land costs to tap the domestic market.

China is optimistic about the prospect of attracting FDI because of the improving investment environment.

In addition, Japanese manufacturers are investing more in China and India, and Singaporean medium-sized enterprises have opted for China as the top investment destination for exploring overseas markets in Asia, Shen said.

"However, we are cautious about China's FDI inflows as the US and EU are encouraging the reshoring of their overseas manufacturing.

"At present, there is no massive withdrawal of foreign investment from China. But in the medium and long term, we can't exclude the possibility that reshoring initiatives will reduce EU and US foreign investment, including investment in China," he said.

Wang excluded the probability of US and EU manufacturers moving their production capacity in China to other emerging economies.

"Industrial chains in manufacturing are well developed in China and it costs too much for investors to move them to another destination," he said.

lijiabao@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成人毛片免费观看视频在线 | 日本视频免费在线播放 | 亚洲第一大网站 | 免费播放特黄特色毛片 | 精品日本久久久久久久久久 | 亚洲精品在线播放视频 | aa级毛片| 欧美专区视频 | 色老汉丁香网 | 久久精品国产一区二区 | 成人国产精品免费视频不卡 | 成人精品视频在线观看播放 | 国产99视频免费精品是看6 | 一级成人毛片免费观看 | 国产亚洲91 | 在线精品日韩一区二区三区 | 久久www免费人成精品 | 性欧美一级 | 欧洲一级鲁丝片免费 | 美女全黄视频 | 日本久久香蕉一本一道 | a毛片在线 | 亚洲精品久久久久影院 | 亚洲国产伦理 | 18黄网站 | 国产亚洲精品久久久久久午夜 | 日韩高清一区二区 | 亚洲看片网站 | 手机在线视频一区 | aaa成人永久在线观看视频 | 国产亚洲精品久久久久久午夜 | 三级毛片免费 | 国产免费高清在线精品一区 | 在线观看精品视频一区二区三区 | 国产成人a一在线观看 | 99视频久久精品久久 | 国产午夜亚洲精品理论片不卡 | 国内黄色一级精品 | 精品伊人久久久久7777人 | 中文字幕一二三四区2021 | 岛国大片在线播放高清 |