Developments along the Yangtze River

by Olaf Griese, Senior Business Development Associate, Dezan Shira & Associates, Shanghai

The second tier cities that line the Yangtze River are seeing increased foreign investment as international companies look to move out of the Yangtze River Delta with its high rent and labor costs. As China Briefing pointed out in our November 2006 issue, for export-based businesses in central China, the burden of increased transportation costs and existing monopolies in the region make moving inland less feasible for all but a few major international businesses. However, the Yangtze port cities of Nanjing and Wuhan, as well as the lesser known ports cities of Taicang, Zhangjiagang and Changzhou are showing rapid growth and expansion and, based on FDI figures, look to be encouraging increased foreign investment.

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This article included in China Briefing Magazine

June 2007: Upgrading Your China Entity

Other articles in this issue: Central China VAT reform by Edward Ma, Manager, Corporate Accounting Services, Dezan Shira & Associates, Beijing Shenyang European Union Economic / Technical Development Zone by Lina Wang, Senior Associate, Business Advisory Services, Dezan Shira & Associates, Dalian Hangzhou tax incentives for landlords on rental of real estate by Nicole Yao, Associate, Corporate Accounting Services, Dezan Shira & Associates, Hangzhou Growing importance of an environmental evaluation reports in Guangdong by Rosario Di Maggio, Senior Associate, Dezan Shira & Associates New developments for China's Foreign Trade Companies inside the Yantian and Futian Free Trade Zones and Bonded Logistics Parks by Susan Wang, Senior Associate, Dezan Shira & Associates, Shenzhen