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 / Top Photos

Chinese investors eyeing Europe

By Wu Yiyao in Shanghai (China Daily) Updated: 2013-04-15 07:56

There are solid reasons to invest in Belgium because it allows 100 percent foreign ownership and no limitations are required on repatriation of capital and benefits, Wolfs said.

China has become Belgium's second largest trading partner outside the EU, with a bilateral transaction volume of $29 billion in 2011, up by 31.5 percent.

The top five imported goods from China are electrical equipment, machinery, steel, organic chemicals, textiles and clothes.

"China has been strongly increasing its outbound foreign direct investment to Belgium. Chinese and Belgian sovereign funds work together to help Chinese companies invest in Europe," said Huang Weihua, senior manager for China practice at KPMG's Brussels office.

According to Huang, Chinese companies that established a foothold in Belgium are from a wide range of sectors including automotive, logistics, banking, telecoms and services.

Recent years have witnessed a clear, rising interest from Chinese companies in cross-border mergers and acquisitions, in addition to green-field investment, Huang said.

Chinese investors eyeing Europe

For instance, Sinochem Group acquired 35 percent of the equity in Belgium-based agro-industrial firm SIAT NV in 2012 and Huawei Technologies acquired a 100 percent stake in the telecom equipment provider M4S NV in 2010, making it a fully owned subsidiary.

Belgium has extended a series of policy incentives to attract foreign companies, Huang said. According to local laws, an EU holding company in Belgium can benefit from an exemption enabling the withholding of tax on dividends paid to its affiliated companies in the EU and in jurisdictions with which it has tax treaties.

Companies also do not have to pay taxes on the payment of interest and royalties, 95 percent of the dividend received and enjoy total exemption from capital gains on shares.

According to the EU's Institute of International and European Affairs, the effective corporate tax rate in Belgium is around 4.8 percent, much lower than most EU countries. For example, the rate in the United Kindom is 23.2 percent and in Germany it is 22.9 percent.

Funds marketing

For European companies and institutions, marketing is essential in Asia, said Ching Yng Choi, head of the Asia Representative Office with the Association of the Luxembourg Fund Industry.

There are no uniform standards for strategy and it is not easy to expand distribution channels when knowledge about the market is limited. It is vital to establish connections to distribute products, said Choi.

In Asia, individual investors tend to choose cash deposits instead of investing in funds. Even if they invest, most want to try their luck in the stock market instead of choosing long-term investment products.

These days investors are interested in other options, said Choi. Specialized investment funds are enjoying a great performance despite being subjected to regulations that limit investment and private ventures are also popular.

European countries are making great efforts to market the Undertakings for Collective Investment in Transferable Securities to buyers in China, one of several countries with a great potential to buy. UCITS are a set of European Union directives that aim to allow collective investment schemes to operate freely throughout the EU on the basis of a single authorization from one member state. Critics say that in practice many EU member nations have imposed additional regulatory requirements that have obstructed their free operation to protect local asset managers.

As the European economy struggles to recover, the net sales of UCITS in 2012 reached 201 billion euros while inflows across Europe returned to positive territory on the back of strong demand, according to statistics compiled by the European Fund and Asset Management Association.

Long-term UCITS also returned to positive territory, registering net inflows of 239 billion euros compared with outflows of 64 billion euros ($82 billion) in 2011.

By the end of the year, total investment fund assets accounted for 62 percent of the EU's GDP, while total investment trust assets increased 12.4 percent to 8,944 billion euros.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美一区二区三区四区在线观看 | 国产在线不卡免费播放 | 毛片久久 | 九九免费精品视频在这里 | 免费成人在线网站 | 国内精品免费一区二区观看 | 欧美成人三级网站 | 那里有黄色网址 | 久久99精品久久久久久久不卡 | 三级毛片免费 | 欧洲freexxxx性 | 最新亚洲国产有精品 | 女人夜色黄网在线观看 | 日韩性网站 | 九九在线免费观看视频 | 男操女免费视频 | 视频偷拍一级视频在线观看 | 日本午夜vr影院新入口 | 色午夜在线 | 国产美女做爰免费视频软件 | 韩国一级黄色毛片 | 自拍一页| 99re思思 | 99久久综合精品免费 | 一级片网址 | 香蕉福利久久福利久久香蕉 | 免费一级α片在线观看 | 国产三级精品三级 | 免费看成人频视在线视频 | 一区二三区国产 | 韩国免费a级毛片 | 女人张开腿让男人添 | 国产三级免费观看 | 一级做a爰片久久毛片 | 日韩欧美国产一区二区三区 | 亚洲影院手机版777点击进入影院 | 亚洲欧美日韩在线不卡中文 | 国产亚洲精品久久久久久久久激情 | 日韩免费a级在线观看 | 日韩 欧美 自拍 在线 视频 | 99免费在线观看视频 |