Sunday, January 16, 2011

Looking for new industry opportunities multinational companies scramble to Board structure chariot in China

Shanghai Huangpu River overlooking the city. (Pictures)

The last two months, the interview dozens of corporations, National Chamber of Commerce in China. A blowing the fact that the multinationals are around China structural adjustment in the implementation of the new strategic layout, the direction of multinationals in the industrial, technology upgrading, regional selection, etc. are fully involved in the Chinese economy, a new cycle.

Industry

Actively looking for new industry opportunities

Reporter recently interviewed Japan Chamber of Commerce, the u.s. Chamber of Commerce, foreign investment in China Chamber of Commerce, they all said that since the beginning of this year, many of their multinational corporations to trade associations to understand China strategic emerging industries of investment policies and opportunities, and some are already arriving.

"We want to learn more about some of the policy information, look forward to increased participation in China was about to the development of new industries. This multinational investors is a huge opportunity. "Hitachi (China) co., Ltd. Chairman of Ono, attitude to reporters. Recently, Hitachi has just entered into with the national development and Reform Commission on environmental cooperation in the fields of energy, has also begun in Tianjin and other places with the Chinese Government and Enterprise for energy saving and environmental protection.

Hitachi standing Executive Director Suzuki science reporters said the high speed rail and Metro rapid development of China will become the core of its overseas operations. Hitachi hope to expand train electrical equipment and signal control system of orders in China. To correspond to the expanding business size, Hitachi is considering will be located in Xi'an city venture factory (Hitachi Yonge electric equipment co., Ltd.) of double production capacity.

Some multinational companies in China's "three network integration," investment opportunity has also been given a great deal of concern. United States investment Union group in China, the two companies started to expand production this year, one in Dentsu professional development at present, China's most popular digital TV industry, including digital TV, broadband Internet access, IP telephony for triple play terminal product patents, providing the market with highly advanced technology for digital TV front end systems and various user terminal equipment.

Reporters interviewed dozens of corporations in China Representative Office, they said that China's ongoing structural adjustment, the grand strategy of multinational corporations to accelerate strategic layout in China.

New energy is currently at the international level to become the top areas of investment, hybrid cars, and new energy plate in government encouragement in foreign countries have a number of industry practice. Beginning in 2010, these industries is becoming one of multinational corporations in China investment hotspot. This reporter has learned that at present, Siemens have hope in Weifang into new energy vehicles. United States Honeywell will cooperate with relevant enterprise of Shandong province solar tank production projects.

Chinese Academy of agricultural biotechnology, former Director of the Institute, Wong Tai Fang said that he was familiar with some of the world's leading biotechnology companies that do not want to miss out on new opportunities in China. "China is changing the way the development, adjustment of economic structures, not only will give national enterprise opportunities, but also to global multinationals brings a new investment cycle. "Us-China Chamber of Commerce official said.

This reporter has learned that, in addition to emerging industries, TNCs on Chinese investment in traditional trades may also be further increased. Along with related industrial policy and internal market liberalization, foreign-funded enterprises no longer content to import such as carbonated drinks; deep-processed products, such as cosmetics, and other areas of leadership, but along the industry chain development in depth. For example, holding companies, foreign dumping bean soy; layout of farming, stable dairy products, meat products upstream. From 2010, meat, poultry, eggs, milk, beer, beverages, personal hygiene products, paper making industry, are likely to become foreign investment hotspot.

National development and Reform Commission officials said, "the excessive consumption of energy and resources polluting foreign investment we never welcome, high technology, the development of services sector, is conducive to play Chinese labor comparative advantage of foreign capital we are still very welcome. "12

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