Investment & EconomyPWC

ASEAN countries: overseas investment opportunities From PWC

The following is the ASEAN countries: overseas investment opportunities From PWC recommended by recordtrend.com. And this article belongs to the classification: Investment & Economy, PWC.

Dawan District of Guangdong, Hong Kong and Macao is one of the most economically developed areas in China, with a resident population of over 70 million. In the past decade, Dawan district has witnessed rapid economic development, further improvement of infrastructure construction and continuous improvement of people’s living standards. However, the improvement of economic level leads to the increase of labor cost and increasingly fierce industry competition. In addition, the continuing tension between China and the United States and the beginning of 2020 in early blocked the economic exchanges between markets, and posed new challenges to the supply of raw materials and merchandise exports, especially to manufacturing industries heavily dependent on international trade. In the post epidemic era, every entrepreneur should think about how the enterprises in Dawan district will adjust their strategic planning to meet these challenges.

In recent years, one belt, one road policy has been supported by the policy of “one belt and one road”. The investment volume of China’s ASEAN countries has shown a rapid growth, with an average annual growth rate of over 15%. In the first half of 2020, influenced by COVID-19, international economic and trade activities were restricted. Under this severe situation, China’s direct investment in ASEAN countries is still growing rapidly, with a year-on-year growth of 53.1%, reaching US $6.2 billion.

Compared with other countries and regions, ASEAN countries have the advantages of rapid economic growth, low labor cost, low market entry threshold and extensive preferential tax policies, which can be regarded as the priority investment point for enterprises in Dawan district to adjust their strategic planning and overseas layout.

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