The influx of eastern Guangdong Pearl River Delta to speed up foreign investment
Through special investigations and finds that there is no large-scale relocation of the phenomenon of transfer of foreign-invested enterprises last year, the relocation of the PRD enterprises to small and medium enterprises and labor-intensive traditional manufacturing industry, concentrated in the hardware, toys, clothing, footwear , plastic and other industries, of which 90% are Hong Kong and Taiwan enterprises.
Recently, a large number of foreign-funded enterprises closed down or relocation of the Pearl River Delta rumors appeared in some media, reporters yesterday from the Guangdong Provincial Foreign Trade and Economic Cooperation that, after investigation and study and finds that there is no transfer of large-scale relocation of the phenomenon of foreign-invested enterprises last year, the Pearl River Delta relocation of labor-intensive enterprises to small and medium enterprises and the traditional manufacturing industry, concentrated in the hardware, toys, clothing, footwear, plastics and other industries, of which 90% are Hong Kong and Taiwan companies, relocation companies involved in product sales 12.14 billion, about 13 000 employees.
Hong Kong Economic and Trade Office in the head, said in an interview, by the appreciation of Renminbi, the new labor laws, the processing trade and other macro-control policy, raw material prices and rising environmental costs of 5 major factors, according to some reflect the situation of Hong Kong businessmen preliminary estimates, overall costs rose this year by 45% in Guangdong, more than 50,000 Hong Kong enterprises in the manufacturing sector are facing cost pressures, businesses affected by the situation of different levels vary.
Relocating labor-intensive enterprises were mostly
To this end, Foreign Trade and Economic Cooperation has set up a special study group, more focused on foreign-funded enterprises in Shenzhen, Dongguan, Guangzhou, Foshan, Zhongshan, Huizhou, conduct research, focusing on understanding the province of foreign investment, the relocation of processing trade enterprises metastasis. Survey report, 2005 to 2007, the province due to the expiration of termination of business operations for various reasons such as cancellation, suspension of foreign-invested enterprises, respectively 4143, 4290 and 3913, the same period in newly approved foreign direct investment in our province enterprises were 8384, 8452 and 9506, three years after The net average annual net increase of more than 4660 foreign-invested enterprises. That is, foreign-invested enterprises in Guangdong last year off and new two-phase offset, but also a net increase of 5593.
It is understood that some foreign investment in Guangdong Pearl River Delta, the relocation of processing trade enterprises is one of the main reasons for the transfer costs continue to rise comprehensive, profit margins decrease, resulting in some labor-intensive, low value-added of SMEs (market share it) difficult to sustain, thus moving the transfer. According to statistics, in 2006 compared with 2002, the raw materials, fuel purchasing price index rose 25.3 percent over the same period producer price index rose by only 0.8 percentage points. In recent years, raw material prices, labor wages, prices of production factors such as land prices continue to rise, a substantial reduction in export tax rebate rate, the processing trade policy change frequently, significant appreciation of the yuan against the dollar, and the payment of environmental costs, resource costs, etc., to make us the Pearl River Delta Many production and operation costs continue to rise comprehensive, profit margins continued to decline.
Western Guangdong Yuedong influx of foreign capital to speed up
Foreign Economic and Trade Office official said, although a small amount of small and medium enterprises relocate the Pearl River Delta, but foreign-invested enterprises in Guangdong Province capital increase and expansion project increased the quality of foreign investment level is still rising. In 2007, Guangdong newly approved 9506 foreign direct investment projects, contractual foreign capital amount of 33.94 billion U.S. dollars, actual foreign investment amount of 17.13 billion U.S. dollars, were up 12.5%, 38.1% and 18.0%, marking a new high in recent years.
In addition, the mountains and west wings of the province in recent years, significantly speeding up attract investment, which is most of the capital increase from the PRD project. In 2007, the mountains of northern Guangdong, eastern Guangdong, western Guangdong actual foreign investment rose by 32.0% year on year, 36.7% and 76.3%. As of the end of 2007, the province build 23 industrial parks industrial transfer, signed investment intention of the park project (business) 467, contractual investment 44.4 billion yuan, of which 50% of the Pearl River Delta by expanding the production scale, the overall relocation, new, equity participation and other forms of transfer to the industrial park project.
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