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Poland welcomes more Chinese investment

Updated: 2012-04-24 13:31
(Xinhua)

The reason why foreign investors choose Poland for investment, according to a study by the Polish Information and Foreign Investment Agency, was firstly the country's market stability despite the global financial crisis and European debt crisis.

Poland's GDP growth rate since 2005 has been maintained at around 3.6 to 6.8 percent; even in 2009, during the international financial crisis, Polish GDP growth still reached 1.71 percent, the only EU country with positive GDP growth rate, Majman said.

The World Bank has predicted the Polish GDP will grow 3.5 percent this year. Poland's stable economic development makes it one of the most competitive countries in Europe, Majman said.

The second reason, according to the study, is Poland's advantage in human resources. There is a Pole among every 10 university graduates in Europe. More than 87 percent of Polish university students master at least one foreign language. The country also has an adequate labor force.

The third reason is the expansion of Poland's domestic market, Majman said. During the economic crisis, domestic spending in Poland grew significantly by 14.5 percent in 2011.

Majman said both China and Poland are currently in the initial stage of development, and both sides need to seize the opportunity to increase mutual understanding.

"We do not expect investment between China and Poland to have huge growth in one or two years," Majman said. "We are patient. We are optimistic that the cooperation between China and Poland will make great progress in the next three to four years."

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