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PARIS, June 29 (Xinhuanet) -- When it comes to find
the best placeto lay an investment, China is most likely to be the top choice
for most foreign investors, according to a survey released in Paris on
Wednesday.
More than half, or 52 percent, of international investors questioned named China as the most
attractive country for international investment in 2005. The figure was 37
percent in 2004.
Through the survey, the French offices of auditors
Ernst and Young found that China has a better chance than the United
States,which scored 39 percent, of becoming foreigners' ideal destinationfor
investment.
India, with 18 percent, and Poland, 17 percent,
currently rank as more likely than Germany, 16 percent, and Britain, 13 percent,
to receive foreign investment.
In terms of regional choices, China stood third in
the list after western Europe, 63 percent, and central and eastern Europe, 55
percent, but before the United States/Canada, which stood at 45percent.
Investors said they were drawn to central and eastern
Europe and China by low labor costs and better competitive and productivity
rates. Enditem |