日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Setting sail on a quest for overseas M&As

By Wei Tian and Li Jiabao (China Daily) Updated: 2012-10-22 09:04

Setting sail on a quest for overseas M&As

After Sweden and the UK became the first two countries to establish investment-promoting offices in China a decade ago, European countries have since set up more than 30 similar bureaus. "There are basically no countries that haven't done it," Chan said

Local governments in many countries including the UK and Spain have also set up a representative office in China to promote their own regions' investment opportunities.

Countries have their own preferences for industrial investment and targets. The comparatively developed countries in western Europe and Scandinavia are hoping to carry out cooperation with China in high-tech areas by virtue of their technical superiority, whereas those in southern, central and eastern Europe now mainly focus on light industry and agriculture.

A recent survey by accountancy and management consultancy firm Ernst & Young showed that Europe is still the first choice for future overseas investment by Chinese entrepreneurs. "Europe is the cradle of the Industrial Revolution (1750-1850), as well as the presenter and practitioner of the concept of sustainable development. Compared with North America, the overall policies are more open. This is what Chinese investors really need," Chan said.

"In Sweden, for example, although there is a decline in investment flow from China this year, the quality of cooperation keeps growing in such areas as new energy, the automobile industry, mobile communications and the advanced manufacturing field," said Chan.

The United States is also a favorite destination for Chinese investors. "In 2012, Chinese investment in the US will double the amount of last year and it will keep doubling for some time to come," said Harley Seyedin, president of the American Chamber of Commerce in South China.

"Certainly, I think, especially now, there are tremendous opportunities for Chinese investors in the fields of resources, energy, airspace and acquisition of companies with advanced technology. Right now US companies need cash and investment.

"Chinese companies can learn from their partners... and invest in US companies and then bring their products back to China to meet the huge market."

Chinese investment in the US jumped 38.5 percent from a year earlier to $1.81 billion in 2011. Meanwhile, China's overall outbound direct investment was $74.65 billion last year, according to the 2011 Statistical Bulletin on China's Outbound Direct Investment jointly released by China's Ministry of Commerce, National Bureau of Statistics and State Administration of Foreign Exchange in August.

The first eight months saw Chinese investment in the US increased 18.2 percent from the same period a year earlier, according to the ministry.

"Chinese investment in the US is likely to reach $3 billion or $4 billion in 2012 and the potential is $10 billion in the future. Several substantial Chinese companies are now in talks to invest in coal mining in Montana with an initial $2 billion to $3 billion and export the coal to China," Seyedin said.

Jennifer Zimdahl Galt, consul general of the American consulate in Guangzhou, said the US will be a very attractive investment destination for Chinese investors owing to its favorable economic environment, mature and open market as well as the efforts of SelectUSA, an agency established by US President Barack Obama in 2011 that seeks to highlight many advantages the United States offers as a location for business and investment.

Seyedin countered any fears of increasing Chinese investment in the US and said: "We are wide open to Chinese investment and there is no way for China to have all our products and there is no way for China to have all our technology because the Chinese economy and innovation is only about 20 years old."

Seyedin did not see hurdles for Chinese investment in the US and said: "The problem is to understand the market, the culture, the tax structure and the legal system. The first and the most important step for Chinese companies to make is to hire an accountant, a lawyer and people understanding both cultures. If they do all these things right, most of them will succeed".

Despite having an optimistic outlook on China's overseas investment, Arthur Wang, a global partner with McKinsey & Co, said there are still challenges facing Chinese managers in their overseas operations.

Apart from the traditional obstacles such as cultural differences, one of the major issues is to find the right balance in the elasticity of managing overseas units.

To that end, Chinese companies need to raise a group of top and middle management with international business experience and language skills. "At the moment, the lack of such talent is the biggest challenge facing ambitious Chinese investors," Wang said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 五月婷婷亚洲综合 | 一区二区三区视频免费 | 欧美成人性生活视频 | 欧美一级视频免费观看 | 国产精品精品久久久久久 | 亚洲天堂免费在线 | 久久亚洲视频 | 久久影院午夜 | 日韩有码一区二区三区 | 在线观看h片| 久久小视频| 日产精品久久久一区二区 | 黄色激情视频在线观看 | 日韩看片网站 | 国产成年人在线观看 | xxx日本黄色 | 91久久国产综合久久91精品网站 | 日韩欧美三级 | 亚洲s色 | 国产一区二区三区日韩 | 欧美黄色大片免费看 | 在线观看免费视频黄 | 中文字幕亚洲欧美日韩在线不卡 | 欧美精品黄 | 亚洲美女久久久 | 亚洲第一免费播放区 | 欧美日韩中文字幕一区二区 | 国产亚洲精品久久久 | 久久精彩免费视频 | 欧美一a一片一级一片 | 天天av网| 高清二区 | 深夜福利网站在线观看 | 18av在线视频| 99色在线| 男女瑟瑟视频 | 国产日韩一级片 | 久久九精品 | 男人天堂网在线观看 | 成人免费视频国产免费麻豆 | 91天天干 |