China Ranks the Top in its Attraction to Global Investment

China Ranks the Top in its Attraction to Global Investment

It is said in the recent research of the globally well-known accounting firm Earnest and Young on the fifth of this month that China will become a country which attracts world investment the most in the eyes of managers of multi-national corporations because China has a huge market which has not been developed, great potentiality of economic growth, and vitality of innovation.

This is got from Earnest and Young’s investigation of the 834 managers of multi-national corporations. The investigation takes into consideration of infrastructure, taxes, labor cost, employee quality, economic growth potential, corporation culture, and social environment, etc. It is said in the report that 47% of the respondants think that China attracts investment the most. In addition, India follows China and ranks the second with 30% votes, and Russia ranks the third with 21% votes.

The managers surveyed think that the United States faces the risks of economic down turn so its attraction to investment decreases. In last year’s investigation, 33% of the respondents thought that the U.S. was good for foreign investment. But this year only 12% think so. But with regard to innovation, the U. S. still ranks the top and it is followed by China, the second place, and Germany, the third place. In software and high technology, the U. S. ranks the top and it is followed by China, the second place, and India, the third place.

Germany is the only country in west Europe that is listed in the top ten countries for their attraction to foreign investment, but Germany has been descended from the fourth place last year to the sixth place this year.