Kunshan named best mainland city for investment
By Ted Chen ,The China PostThe Taiwan Electrical and Electronic Manufacturers' Association (TEEMA, 電電公會) yesterday published its latest report on the prospects and risks of investing in China, naming Kunshan City — a satellite city of Suzhou — as China's most ideal city for investments, for the fifth consecutive year.
August 27, 2013, 12:04 am TWN
However, the report indicated that investment conditions in China have been declining for the past five years, with risks increasing for the past two years, while sentiments among Taiwanese enterprises willing to recommend investment in China has recorded a third consecutive declining year, with overall investment conditions reaching the 10th consecutive year of decline. The report also stated that with rising wage levels, and growing concerns over growing risks related to financing, China is losing its appeal as an investment destination for Taiwanese enterprises, compared to ASEAN nations.
The report, now in its 14th year, provides guidance on investing in China through assessments of the PRC's major cities, based on the competency, investment conditions, risk, peer recommendation, the area's prominence, and the quality of life.
In addition to Kunshan, with its heavy concentration of Taiwanese investment, the report lists the other nine most ideal investment destination in China as Suzhou's industrial zone, Xiaoshan district of Hangzhou (杭州蕭山), Chengdu (成都), Jiangning district of Nanjing (南京江寧), Xiamen (廈門島外), Suzhou City (蘇州市區) Suzhou New District (蘇州新區), the coast of Tianjin (天津濱海), and Chongqing City (重慶市).
Compared to the previous year, investment prospects for Chongqing improved from 18th position to 10th, while Qingdao (青島) lost hold of its eighth position, losing its place among the top ten, according to the report.
Regionally, the report indicated that the Bohai Economic Rim (環渤海), the economic hinterland surrounding Beijing and Tianjin, the Yangtze River Delta Economic Zone (長三角) surrounding the Shanghai municipality, and the Western Delta Economic Zone (西三角) surrounding Chongqing have recorded a fourth consecutive improving year for investment prospects.
The report this year is based on an exhaustive survey of Taiwanese enterprises with operations in 112 major investment destinations in China, said the trade association. Assessment and compilation of the 2,566 survey samples was conducted by Professor Lu Hong-de (呂鴻德), of the Graduate School of Business Administration at the Chung Yuan Christian University (中原大學企管研究所).