China has become the #1 destination for investment inflows and is well on its way to becoming a major engine for global economic growth. Despite the challenges, opportunities for global companies in China abound in three areas:

Lowering Cost: Today, there are few things in the world that aren't made in China. It is now the world's factory floor. Foreign manufacturers find that they must either produce in, or expand their purchases from China to survive.

Increasing Demand: In practically every sector most global companies are selling as much into Chinese markets as they export from their Chinese factories.

Leveraging Your IP: Chinese firms are insatiable for proven cutting edge process, product and information technologies to build capabilities.
 

."If you want to be the world leader in your industry you must be the leader in China." Jack Welch, former Chairman & CEO, GE

."Until recently a minor player in the world economy, China now is the sixth-largest trading nation." NY Times, 20-Oct-2002

."China is rapidly becoming the world's all-purpose factory." US News & World Report, 4-Nov-2002

."Already, some electronics companies are reaping more returns from selling to China than from manufacturing in the country." Cahners Business Information

.". the opportunity China offers U.S. businesses to lower their costs is so large that I will now only invest in industrial companies that have a good outsourcing strategy to China." Richard Lane, co-Manager of $650 million FMI Focus Fund (WSJ 1/28/03)