In an attempt to encourage investments from around the world, China offers better production facilities, swift custom clearances, organized supply chains among other factors, making the country a profitable venture for investors.
China joined WTO in 2001. And since then, the country has emerged as an essential player in the world economy. The country boasts of better production facilities along with cheap labor, which makes it easier to procure, import or export product supply from China. Plus, swift custom clearances offer fuss free investment opportunities. Here is a list of ten benefits that you get while investing in the country.
1. Economic growth and global status- China has one of the highest, stable economic growth levels for the past two decades. At the same time, it holds a significant amount of US debt, making it a potential leader in world economy. Investing in a country that can have biggest share in global politics can be beneficial for your business expansion.
2. Rapid transit and faster declarations- Facilitative measures for swift custom clearances make China an alluring investment destination. The country provides customs declarations in advance, ensuring faster networking declaration and consequently rapid transit.
3. Urgent Import/Export Clearances- Investing in the country ensures door to door inspection and release along with urgent clearances. Therefore, if you plan to import goods urgently, China is the destination to invest.
4. Cheap Labor- Looking for cheaper production costs? Then China is the destination to invest upon. The country has extremely low labor costs, ensuring cheaper production of high quality goods and services.
5. 1.3 billion Buyer’s market- The most populated nation in the world is also a tremendous buyer’s market. So, if you want to expand your businesses and require faster exports, then the Chinese market is your best option.
6. Low inflation results in better selling opportunities- Low rates of inflation guarantee constant demand of goods and services. Investing here will ensure better selling opportunities for businesses looking for expansion.
7. Larger outsourcing capacities- From sanitary ware to furniture, toys to gadgets, China is one of those markets where you can outsource any kind of production. Apart from this, the country is soon going to have the largest transportation network around the world, ensuring that product supply from China is swift and hassle free. In fact, over $586 have gone into making highways, railroads and airports.
8. Cheap production and better shipment- China Manufacturing Purchasing Managers Index is known for rising record high, indicating that it is perfect for investors who require cheaper production costs, better cargo shipment and delivery facilities.
9. Complementary services- A number of Chinese outsourcing companies are known for offering complementary facilities, including translation services to factory audits, cargo packaging and inspection for delivery and interpreted, fuss free custom clearances. Therefore, investors looking for professional supply chain should invest in the country.
10. Tax holidays and hi-tech facilities- Areas like Guangzhou are Coastal Development Areas where investors can save themselves from the hassles of taxes through tax holidays. Tax holidays allow investors to enjoy special subsidies and discounts on taxes since they are investing in Chinese economy. Besides you also get to benefit from hi-tech financial production, procurement and shipment services available in the country.
Therefore, investors must invest substantial amounts in the country for better returns.
About Author:
David Gorol is a senior employee of the Guangzhou HK Trade Group, which is covering vast areas in China. The Company offers international business groups with sourcing services to carry out a business in the Chinese territory, such as a translator in Guangzhou, sourcing services in china etc.
