"The U.S.'s role as an engine of world economic
growth might be overstated," says Richard Iley, senior
economist at BNP Paribas. "There's an emerging maxim:
If China needs you or your products, you're going to do
well. If China makes them, you're going to fall in trouble."
Undoubtedly, China has been one of important locomotives
in the global economy growth and the most important world
manufacturing center. It won't be easy if you intend to
search on the Internet, trying to find out that any one
of World Top 500 hasn't invested in China. Up to now,
at least 400 of them have invested in China with over
5000 joint ventures or self-owned companies now.
With many experience in operating their business in China,
they have reached 3 important conclusions. Firstly, from
the Chinese central government to local governments at
different levels, they are highly supportive to foreign
investors by offering various favorable policies. Secondly,
Chinese people are smart, diligent, and responsible. They
are willing to give positive feedback to the proper incentives.
Thirdly, the low investment cost, various favorable policies
plus cheap and abundant labor force are most attractive
to foreign investors.
There are Meridan, Lunt, George Fischer, Husky, Rauch,
China Direct, GM and VW etc., which have come to China
and involved in the Chinese magnesium industry profoundly.
More successful examples are from Taiwan and Hong Kong.
In order to enhance the foreign investors' understanding
toward the Chinese magnesium industry, we will establish
cooperation relations with some domestic hi-tech development
parks/zones and provide you with the updated investment
Here we will give you some investment hotspots in China
now. Please see the following illustraion.
of Some Domestic Industrial Parks