Page 40 - 2018 Special Report on the State of Business in South China
P. 40
Reasons for Establishing Business Operation in South China
More than half of the respondents have chosen South China mainly because of the
potential for market growth. This explains why more than 70% of the respondents focus
their business development in South China on local markets. Although the overall economic
development in Hong Kong, Macao and Taiwan in recent years is not as good as previous years,
the proximity of these regions remains as one of the important reasons for the establishment of
enterprises in China, followed by better infrastructure in the area, and advantages of either human
resources or transport and logistics. The survey results are generally the same as in previous
years, but the respondents with human resources advantages as a reason for establishment of
businesses in Southern China dropped by nearly 10% over the same period of 2016. This shows
that the attractiveness of human resources in the region needs careful attention.
40
More than half of the respondents have chosen South China mainly because of the
potential for market growth. This explains why more than 70% of the respondents focus
their business development in South China on local markets. Although the overall economic
development in Hong Kong, Macao and Taiwan in recent years is not as good as previous years,
the proximity of these regions remains as one of the important reasons for the establishment of
enterprises in China, followed by better infrastructure in the area, and advantages of either human
resources or transport and logistics. The survey results are generally the same as in previous
years, but the respondents with human resources advantages as a reason for establishment of
businesses in Southern China dropped by nearly 10% over the same period of 2016. This shows
that the attractiveness of human resources in the region needs careful attention.
40
