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 / Merger and acquisition

'Golden period' for Chinese investment

By Fu Jing in Stuttgart, Germany (China Daily) Updated: 2012-09-29 09:00

Favorable policies, European debt crisis boost overseas expansion

Chinese enterprises have entered a "golden period" of overseas expansion, with investments increasing, and mergers and acquisitions on the rise, according to report released by a Beijing-based research institute.

Launching its findings in Stuttgart, Germany - one of China's key target markets for outbound investment - Du Liang, director of the China Entrepreneur Research Institute, said official figures show that from January to July this year, overseas investment by Chinese companies reached $42.2 billion, a 52.8 percent growth year-on-year.

He said that the Chinese government's favorable policies aimed at encouraging firms to expand internationally, the chronic European sovereignty debt crisis, and the appreciation of the Chinese currency have all combined in helping the boom in overseas expansion by Chinese businesses this year.

However, Du issued the good news with a warning too: "I am afraid the process of internationalization by Chinese enterprises will not be as smooth in future", adding that some advanced economies may slam their doors shut to Chinese businesses, if their economies start to improve.

"I can't predict how long this golden period will last, because the whole effort might be interrupted, once the economic climate in advanced economies starts to recover," said Du.

In the institute's report, his team concluded that 2012 has been a milestone for Chinese businesses overseas, as it praised the government's efforts at encouraging business to broaden their horizons and seek opportunities around the globe.

The latest Ministry of Commerce figures showed that Chinese investors have expanded their businesses into 2,407 companies in 117 countries and regions worldwide from January to July, as total outward outbound direct investment (excluding those in finance) hit $42.2 billion during this period.

During the first half of the year, there were 117 merger and acquisition deals conducted by Chinese investors overseas, worth a total of $30 billion.

The institute also compiled a top 50 list of the most internationally ambitious Chinese enterprises, according to their overseas strategies, corporate governance provision, supply chains, capital flows, brands, R&D and social responsibility activities, and profits.

The top five were IT giant Lenovo Group, information and communication supplier Huawei, electronic appliance producer Haier Group, and oil giants CNOOC Ltd and China Petrochemical Corporation (Sinopec Group).

The institute also found that the most common sectors involving overseas Chinese investment were energy and mineral mining, information technology, and household appliances. While the agriculture and medical sectors were highlighted as the least outward looking.

The institute also unveiled China's top 10 M&A deals during the January-August period, the biggest being CNOOC's $15.1-billion takeover of Canada's Nexen Inc in August.

"What surprised us most was the amount of international activity by Chinese businesses in the entertainment and cultural sectors," said Du.

The highlight deal in that sector was Chinese conglomerate Dalian Wanda Group's buying of US cinema chain AMC Entertainment for $2.6 billion, making it the world's biggest operator of movie theatres.

The report also noted particularly strong interest by Chinese enterprises in the financial services and machinery sectors.

Du added: "In M&A, especially in the machinery sector, Chinese enterprises have been eying European targets, and obviously Germany, hence the reason we have launched the report here."

To coincide with the report's release, the research institute was leading a team of privately owned Chinese enterprises that were actively looking for cooperation opportunities in Germany.

"We always equate 'made-in-Germany' with high quality," said Wang Zhanfu, president of Kangjie, China's leading furniture company.

"For fast-growing small and medium-sized enterprises like mine, cooperation with German businesses will bring us a more competitive edge."

fujing@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产午夜人做人视频羞羞 | 欧美黄网站| 第一色网站 | freesex日本高清nice | 亚洲精品一区二三区在线观看 | 国产在线视频精品视频免费看 | 亚洲天堂视频网站 | 日韩毛片欧美一级a网站 | 日韩一级片 韩国 | 久久久久久尹人网香蕉 | 毛片一级做a爰片性色 | 大陆孕妇孕交视频自拍 | 国产亚洲精品国产第一 | 怡红院亚洲 | 特级毛片aaa免费版 特级毛片a级毛免费播放 | 小泽玛利亚的一级毛片的 | 欧美一区二区三区视频在线 | 成年美女黄网站色视频大全免费 | 窝窝午夜精品一区二区 | 美日韩黄色片 | 国产精品亚洲欧美日韩一区在线 | 欧美成网| a毛片a毛片a视频 | 毛色毛片 | 欧美成人短视频 | 欧美成年免费a级 | 99九九国产精品免费视频 | 久久免费毛片 | 男女配种猛烈免费视频 | 国产成人91精品 | 久久综合精品不卡一区二区 | 亚洲国产最新 | 欧美自拍在线 | 男人躁女人躁的好爽免费视频 | 欧美精品专区免费观看 | se就是色94欧美setu | 亚洲一级毛片视频 | 一级一黄在线观看视频免费 | 日本一区毛片免费观看 | 一级一片免费视频播放 | 成人免费视频软件网站 |