These factors make China extremely favorable for prospective investors. CEO Suite, Asia’s only one-stop service office provider run by multi-cultural industry experts, has identified some important reasons why prospective investors should consider investing in China.

Availability of capital. In early 2000, almost 20 years ago, China surpassed the United States as the world’s largest beneficiary of foreign capital. Certain conditions in the global capital markets along with a booming economy have led to large amounts of investable capital for China, which are important prerequisites for determining the flow of foreign investment in the country. This influx of capital is attractive to foreign investors and is enticing to international businesses that want to invest in emerging and profitable markets.

Political and economic stability. Political and economic stability in China means consistency and predictableness for investors, which allows for better insight into the future. Since instability could lead to inflation and problems like social unrest that are not conducive to business, both local and foreign businesses appreciate and value China’s environment for law and order. This backdrop not only encourages investments in China, but promotes more efficiency in trade activities as well as long-term growth.

Regional and international trade. Of great importance to foreign investors is the ability to sell products and services regionally and internationally. Besides China’s free-trade zones, other advantages for investors include tax exemptions and free conversion of Chinese currency to any international currency. M, export policies play a key role in deciding whether to enter China, especially for investors anticipating a large market share outside of the local market. China’s regional and international free trade agreements are alluring for stimulating economic activity and business growth.

Large local market. The most attractive feature for investing in China is the sheer size of the country’s large population and, therefore, the great possibilities for growth. As it continues to evolve and mature, investors can expand and profit in many high-end industries, including information technology, engineering, healthcare, robotics, and luxury goods. Opportunities for foreign investors in prospective and current commercial activity will provide positive effects on sustaining business.

Infrastructure and workforce. China’s infrastructure and availability of resources and labor contributes to its appeal for investors. A developing economy requires these to facilitate the sale of goods and services. Roads, bridges, and other physical structures allow for transportation of goods. An educated and competent workforce contributes to success, as well. China’s labor market continues to obtain educations from universities and to become more knowledgeable. These elements enable investors to spend less and make more. And, with employment opportunities comes more income for spending. China’s retail sector persists as foreign investors across all industries open retail locations to benefit from this spending.

There is great opportunity for Western and Chinese investors in China this year as the country continues to create a promising environment for business. Once you decide to invest in China, CEO SUITE can help you maximize your investment. Asia’s one-stop service firm customizes solutions to help businesses of all sizes easily enter China and expand throughout the country with few issues. Please contact us to discuss expanding your business in China.

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Just last year, the Oxford Business Group joined a news conference and made this statement. “It was unthinkable seven years ago, but the Philippines is the best economy in Southeast Asia today. Investors no longer ask why but where and what sectors they should invest in,” Oxford Business Group (OBG) Managing Editor, Paulius Kuncinas, said.
According to the Oxford Business Group, its investment view for the Philippines from year 2016 to 2022 shows that the country’s strong domestic consumption, growing business process outsourcing sector and newfound political stability are some of the major factors for the country’s growth. Philippines’ large, young and fluent English-speaking workforce, plus, very close trade links with other Asian countries are the main lures for investors.

Here are some of the other reasons why the Philippines is good for business:

1. Higher education priority

It is without question that Philippines is one of the countries who takes education seriously. It is in this country that sets Bachelor Degree holders apart from those that didn’t pursue education. It has been reported that the literacy rate in the country is 94.6- among the highest. Philippines is the world’s 3rd largest English-speaking country.

2. Business-Friendly Economy

As per Philippines’ DFA, Philippines’ incentive packages include the corporate income tax, reduced to a current 32%, with companies in the Special Economic Zones are subject to only 5% overall tax rates. Multinationals looking for regional headquarters are entitled to incentives such as tax exemptions and tax and duty-free importation of specific equipment and materials.

3. Hospitable Lifestyle & Lower Manpower Salary Cost

The Philippines is a natural at being the second home to many expatriates who enjoy the company of the warmest people in the world. Filipinos are well known to be very hospitable to foreign visitors. The country’s openness to varied cultures and a ardently global outlook is a cut above the rest. The expats appreciate the accessibility and affordability of both necessities and luxuries in the Philippines- business centers, schools, shopping malls, hotels, housing, hospitals, beach resorts, restaurants, recreation centers and parks, and most importantly, manpower salary cost for their companies.

4. Unrestricted Business Opportunities

ASEAN Free Trade Agreement or also known as the AFTA has been studied and integrated by many Asian economies. It showed and proven how the Philippines is the most strategic location for firms who wants to reach to the large ASEAN market and its enormous trade breaks.

The Philippines continues to grow its economy and welcomes the upsurge of foreign businesses who have realized this lucrative market that has grown its GDP in the past 4 years. As modern and developed as it is, the country’s Central Business District, Ayala – Makati, in particular, have since introduced ready serviced office solutions and business address use for company registration as well as fully-equipped business centres. Specialists in this business in Asia like CEO SUITE offers more than just prestigious business addresses and serviced offices, they also extend complete business start-up solutions that include: a virtual office, company registration services, accounting and personnel hiring services, as well as branding solutions.

Find out more at www.ceosuite.com.

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A new repayment scheme that aims to help over-indebted customers repay unsecured loans from facilities like credit cards, personal loans and overdrafts will be launched next Monday (Jan 23).

Under the new scheme, a customer can consolidate all his/her unsecured credit balances across the 14 banks with just one institution.

This means that the bank that administers the DCP will “buy over” the customer’s outstanding balances, fees and interest charges from his existing accounts with other banks. Those accounts will then be suspended or closed.
The scheme will offer borrowers a convenient mode of payment for daily financial needs and includes an unsecured credit of one month’s income.

This new repayment scheme follows the Repayment Assistance Scheme (RAS) which expired in December 2015. The RAS only offered lower interest rates and an eight-year repayment period for amounts in excess of 12 times a borrower’s income, whereas the DCP will cover all of a borrower’s unsecured credit balances.

About 11,000 applications for the RAS were received, with 6,000 of them approved by the time the scheme closed.

Reference: www.channelnewsasia.com

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China’s leadership has always seen gross domestic product (GDP) numbers as the most important indicator of their ability of govern; thus their whole apparatus does whatever it can, in terms of policies, to make sure a politically acceptable growth rate is achieved.

With a persistent slowdown, the government has to adjust its target to a maximized but achievable goal. Between 2010 and 2015, the world’s second-largest economy witnessed a steady slowdown, with annual percentage growth rates of 10.5, 9.5, 7.9, 7.8, 7.3 and 6.9, respectively. Averaged annual GDP growth rates between 1989 and 2009 were around 10 per cent.

Last year, the government set a range of 6.5 per cent to 7 per cent as a growth target, the lowest in decades. As expected, China is on track to meet that 2016 goal after three straight quarters of 6.7 per cent expansion.

However, such growth was achieved with an expansive fiscal policy, higher government spending, a housing rally, ultra-loose monetary conditions and record bank lending, which have also led to an explosive increase in debt.

Reference: www.scmp.com

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