国际商务课程报告
-------The overall attractiveness of U.S. and China
国贸113班:菅伟 李亚飞
Abstract:
This presentation takes American and China as the examples of overall attractiveness. The overall attractiveness depends on balancing the benefits, costs, and risks associated with doing business in that country.
America: Investment environment’s advantages: 1. Developed economies
The United States is the largest and most advanced economic all over the world. The per capita GDP of US is 4.2 million dollars. Market system, legal system and tax system give the foreign investors fully operational freedom. Furthermore, the main index of attracting foreign business and investment environment continued to rank optimal situation or close to the best. World Economic Forum's \"Global Competitiveness Report\" shows that the United States has been the world's most competitive, most innovative and most open economies in the world.
2. Infrastructures and legal system
The United States has almost perfect infrastructures and legal system. The United States has the largest highway and railway networks, and most airports. There are 10 largest air cargo airport in the world, however 5 in United States. The United States also has the busiest international cargo and container handling port all over the world.
3. Huge consumer market
The United States as a great tempting market, investment of multinational companies in the U.S. will close the distance between their suppliers and customers. The United States’ goods consumer market accounts for 42% of the global total, per capita disposable income is $ 32,000. In addition, the United States and 18 partners signed a free trade agreement. Foreign investors can more easily enter the relevant nation market by the United States. 4. Global R & D center
United States is the center of innovation in the world. According to Battelle Memorial Institute estimates, U.S spent $ 395.8 billion on R & D in 2011, ranking first in the world. According to the Nobel Foundation statistics, since 2000, the United States received the Nobel Prize in science out number all other countries’ total. The number of patent applications excess. the sum of the number of applications of the rest of the world in U.S every year. 5. Investment management system
The United States implemented free policy for a long time in the field of foreign direct investment. Investment management system basically has not changed nearly 20 years. But the United States based on national security, statistical and other needs, established the investment and reporting system in the field of investment.
China's overall attractiveness as follows:
1. benefits
China has a huge potential market and rapid growth. In 1999, china's GDP was 990 billion. The economic growth was 7.1 %. In 2001 China's economic growth about 7.5 %. 2012 China's GDP was 8,227 billion. During \"Eleventh Five-Year\remained above 8%.
2. costs
First, china 's reform and opening , the establishment of the socialist market economic system .The broaden area of foreign investment, the efforts of foreign investment in infrastructure construction and a series of measures have greatly reduced the investment costs. Second, being the member of WTO has further improved the
investment environment in China. For the opportunity, it is also a good forecast for foreign investors. Third, according to the basic principles of the WTO and the relevant provisions, china’s foreign investment laws and regulations have been greatly improved. The threshold for foreign investors of entering the Chinese market becomes low. For these, costs have been reduced greatly.
3. risk.
First, Deng Xiaoping 's reform and opening have made the
Country changed and improved the people's living standards, and also improved China 's position in international affairs . Reform and opening in the country has become the wish of people and the irreversible historical trend. Chinese leaders will not change China's reform and opening. china’s political and social stability are good in the word. In short, China will have a long-term stable political environment for investment. Second, macroeconomic policy matures. The country’s moderately tight fiscal and monetary policies is successful. In nearly two years, the inflation effective and macro-control have been taken actively. Fiscal and monetary policies have been promoted and the investment of foreign was developed. In order to improve economic efficiency, and increase technological investment, china has gained a lot of economic macro-control experience. The investment risk is reducing. Third, China's legal
economy market is increasingly sophisticated. Since joining the WTO, our foreign investment laws, regulations have been improved greatly. It is reducing legal risk.
Member: Li yafei, Jian wei.