China best place to invest: survey
Source: Xinhua |
October 31, 2012, Wednesday
|
Print Edition
Print Edition
China has for the second consecutive year been ranked number one in a list of top 10 investment destinations in the world, according to a survey released by accountancy firm BDO.
The BDO 2012 global market opportunity index for China stood at 251, followed by the US at 212, Brazil with 198, India at 158 and Germany with 147.
The index was based on 1,050 interviews of chief financial officers conducted across 14 countries and regions.
The CFOs listed seven markets - China, US, Brazil, India, Germany, Russia and Britain - as the best places to invest.
According to the report, these seven markets made up nearly half of the world's GDP in 2011, further emphasizing the importance of market size and customer base as a key driver.
The most important reasons to determine whether companies will expand abroad include market size, local infrastructure, ease of entry and labor costs, the survey said.
"The BRIC countries are inspiring more investment confidence and are seeing a boom in investment, with nearly half of the CFOs interviewed investing in, or planning to enter these markets, compared to just 29 percent in 2011," said Martin Van Roekel, CEO of BDO.
"The eurozone crisis is playing an important role too, with CFOs from Brazil and China in particular saying that it has had a large impact on their international expansion plans," he said.
The BDO 2012 global market opportunity index for China stood at 251, followed by the US at 212, Brazil with 198, India at 158 and Germany with 147.
The index was based on 1,050 interviews of chief financial officers conducted across 14 countries and regions.
The CFOs listed seven markets - China, US, Brazil, India, Germany, Russia and Britain - as the best places to invest.
According to the report, these seven markets made up nearly half of the world's GDP in 2011, further emphasizing the importance of market size and customer base as a key driver.
The most important reasons to determine whether companies will expand abroad include market size, local infrastructure, ease of entry and labor costs, the survey said.
"The BRIC countries are inspiring more investment confidence and are seeing a boom in investment, with nearly half of the CFOs interviewed investing in, or planning to enter these markets, compared to just 29 percent in 2011," said Martin Van Roekel, CEO of BDO.
"The eurozone crisis is playing an important role too, with CFOs from Brazil and China in particular saying that it has had a large impact on their international expansion plans," he said.
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