Rising up in global FDI rankings
Updated: 2012-04-06 17:29
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Foreign Direct Investment magazine, published by the British Financial Times Group, printed a report, 2011/2012 Future Cities in Asia-Pacific – Top 10 Cities for Foreign Direct Investment Strategy.
Chengdu is the only non-coastal Chinese city to be ranked, while Hong Kong and Guangzhou earned global recognition as well.
The top 10 cities were selected among 141 Asian-Pacific cities cited by professional agencies that gathered data and conducted sampling research.
The cities were evaluated by: economic potential, human resources, cost efficiency, quality of life, infrastructure, business environment and foreign direct investment strategic targets.
The top 10 Asian and Pacific cities for FDI strategy are Singapore, Melbourne, Hong Kong, Brisbane, Sidney, Busan, Auckland, Perth, Guangzhou and Chengdu.
Chengdu has attracted much attention from foreign companies due to its sound investment environment and opportunities, according to senior officials of the municipal investment promotion committee.
Chengdu is building a modern ultra-large metropolis in western China.
The city has cultivated an excellent residential environment, strong market capacity, sound support facilities for industrial development, complete infrastructure, ideal financing services along with standardized and efficient government programs.
The construction of Tianfu New District is expected to reproduce another Chengdu that will furnish more business opportunities for FDI.