Economy

Markets

Industries

Insights

Reports

Events

PwC partner: City's overall competency key to attracting investment

(China Daily)
Updated: 2009-09-22 15:55

"No businessmen will invest tens of billion yuan in a city just because it boasts scenic spots or it has a charismatic mayor," said Huang Jia, partner of PricewaterhouseCoopers (PwC).

"To lure foreign investment, a place needs to have strong overall competency, be they convenient location and transportation system, established international markets, ample human resources, sophisticated financial service and efficient local government," Huang said.

According to a report released by PwC recently, Nanjing has all those ideal factors for foreign investors in eastern China, as it seeks to become a leading industrial base for the manufacturing and modern service sector.