Chengdu makes 'Most Recommendable Mainland Cities' list for investment
Updated: 2012-09-13 15:23
(chinadaily.com.cn)
|
|||||||||||
Chengdu in Southwest China was once again selected as one of the 28 "Most Recommendable Mainland Cities", according to a recent research report on urban investment environment and risk in 109 mainland cities in China.
The report was made by the Taiwan Electrical and Electronic Manufacturers' Association. Chengdu ranked sixth in terms of comprehensive strength.
Chengdu and Chongqing are the only two southwestern cities on the "Most Recommendable Mainland Cities" list. Chengdu received the fifth highest score based on Taiwanese businessmen recommendation and third and sixth place in investment environment and urban competitiveness, respectively. The city also jumped from ninth to sixth place in terms of comprehensive strength.
The top 10 most recommendable cities and regions included Kunshan in Suzhou, Jiangning in Nanjing, Binhai in Tianjin, the Suzhou Industrial Zone in Xiaoshan of Hangzhou, Chengdu, Xiamen, Qingdao, and Suzhou New District in downtown Suzhou.
Chengdu attracts investments from over 800 Taiwanese companies
According to the Chengdu Office of Taiwan Affairs, Chengdu has been selected by Taiwanese businessmen as a highly recommendable city for investment since 2003, attracting more businessmen from Taiwan.
This year, the office aims to introduce Hongfujin Precision Electronics and other companies to invest in Chengdu. Taiwan's First Financial Leasing (Chengdu) Co Ltd also opened operations in the city.
From January to June this year, investments from Taiwan increased by $890 million. There are currently 892 Taiwanese companies registered in Chengdu, with $59 billion in investment and a total registered capital of $29 billion. Investments were made mainly in fields of electronic information, food and drink, building materials, commodity retail and modern ecological agriculture.
The Taiwan Electrical and Electronic Manufacturers' Association is the largest and most influential trade union in Taiwan, with more than 4,600 member companies. Since 2000, it has evaluated the investment environment and risk in China’s mainland regarding urban competitiveness, investment environment, investment risk, and Taiwanese businessmen recommendation, providing investment decision references for member companies and other Taiwanese corporations.