China is looking forward to welcoming you….
China is becoming a key region of Asia with two-figure growth forecast for all the important sectors of the economy. It is continuing to pursue a free-market policy. The conditions for foreign companies are improving steadily - more legal certainty, admission to the WTO, tariff reductions, privileges for foreign investors and liberalisation of trade.
Focus on Beijing
Beijing as Chinas capital city and economic centre fulfilled a gross domestic product (GDP) per capita of $6,210, which is an 11%-plus economic growth every year in the last 5 years.
Local financial revenue in Beijing in 2006 was 111.72 billion yuan, and it has been increasing at a 20% annual rate in the previous years. The disposable income of urban Beijingers was 19,978 yuan per capita (10% more than in 2005),
and the net income of suburban Beijingers was 8,620 yuan (9% more than in 2005).
The capital city is also an important location for the automobile industry. Further investments in this sector caused by key projects like Olympia 2008 and World Expo 2010 as well as the overall increase of Beijing can surely be expected.