Most Taiwanese businessmen say Suzhou City is the best place to invest in China, according to a survey released yesterday by the Taiwan Electrical & Electronics Manufacturers Association (TEEMA, 電電公會).
"Looking at competitiveness, the investment environment, investment risks and businessmen's recommendations, Suzhou, Kungshan, Wuxi, Ningbo and Hangzhou were polled the top-five best investment cities on the mainland," the association's survey said.
In the survey of 52 Chinese cities, Nanning, Baoding, Quanzhou, Dongguan, Nanchang and Putian were ranked the worst investment locations in China, the survey said.
Dongguan has been rated the worst investment destination for the second year by the association due to its deteriorating investment environment and increasing risks, said Leu Horng-der (
Ironically, Dongguan attracted throngs of Taiwan businessmen who have been infected with "China Fever" over the past few years, Leu said at yesterday's press conference.
The association's survey also indicated that many Taiwanese businessmen have shifted their first choice of cities to eastern coastal China from southern coastal China.
"Eastern coastal China including Jiangsu and Zhejiang Provinces won praise from Taiwanese businesses due to the quality of the workforce, a better judicial system and better social security there," Leu said.
While talk of investing in China is a sensitive topic following President Chen Shui-bian's (
"As a matter of fact, China represents both an opportunity and a risk for Taiwanese businessmen. It is simply not wise to ignore the mainland," said James Gin (
"TEEMA has actually tried to make a contribution to local businessmen by offering them the information they need about China -- especially at a time when the government's trade and economic policies toward China are not clear," Gin added.
In related news, TEEMA chairman Rock Hsu (
The 20-member delegation will depart on Aug. 16 for an eight-day trip.
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