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Why China?

Access to the Chinese market has become a critical element of North America and other foreign companies' global growth strategies:

  • China has a quarter of the world's population -- a vast pool of potential consumers for products and services.

  • Globally, China is second only to the United States as a recipient of foreign direct investment.

  • China has had one of the fastest-growing economies in the world with development rate reaching a 12% increase in the last five years.

  • Natural resources are rich and the cost of land is comparatively low.

  • Product manufacturing costs are low. A skilled labor force is abundant, but the cost of labor services is relatively low.

The whole world is turning its eyes to China now, to see what's happening and what's going to happen:

  • Foreign direct investment has risen by more than 50% to hit $62.66 billion in 2000. It is expected to double in volume after China enters the WTO.

  • China's economy remains robust with an expected growth of 8% this year, while the global economy is slowing down.

  • Capitalizing on the tremendous business opportunities brought by China's award of the 2008 Olympic Games.

  • Capturing the trading and investment advantages after China's entry to the   WTO