Taiwanese Enterprises Get Together And Guangxi Cluster Effect Appears

"Investing in Guangxi is very profitable."

Due to the appropriate investment, only two years later, the Taiwan investors in the world invested in the investment cost of the Guilin Xanadu project. After making the money, the Taiwanese businessman immediately invested in the Guilin scenic spot of Bi Lian Feng and Xingping Hotel, and the business has been booming.

Since the first Taiwanese invested enterprises in Guangxi landed in Guilin in 1984, Taiwanese businessmen have been developing rapidly in Guilin and increasing investment. Guilin has become a "depression" of Taiwanese capital, and Taiwan businesses are involved in electronics, machinery, agriculture, tourism, real estate, entertainment, medicine and health care, and medical devices.

Following the Guilin, Nanning, Guigang, Yulin, Beihai, Wuzhou, Liuzhou and other cities also became the hot spot for Taiwanese investment.

Liu Changlin, vice mayor of Nanning, said that Taiwan funded enterprises began to enter Nanning in 1988. By May 2008, the total number of Taiwanese investment enterprises totaled 206, with a total investment of 520 million 800 thousand US dollars and a real investment of about 317 million US dollars.

In particular, in 2007, Nanning's Taiwan funded projects had a large investment volume and high technology content of the project. Taiwan businessmen visited Nanning and visited the province with a "more than 5" feature: high level visits, large enterprise groups, many decision-makers, more investment intentions, more investment than last year, and a large number of investment projects.

Liu Changlin said that in 2007 alone, Nanning received 45 543 Taiwan businessmen from Taiwan.

Since 2005, Nanning has hosted nearly 30 top political and business leaders in Taiwan, including Yu Muming, former vice chairman of the Chinese Kuomintang, chairman of the common market foundation of Taiwan, vice chairman Zhang Renxiang of the Chinese Kuomintang, Zhong Rongji, honorary vice chairman of the people's Democratic Party, the Standing Committee of the Chinese Kuomintang, John Chiang, chairman of the China Taiwan Business Development Association, and Terry Gou, chairman of Hon Hai group.

In September 2007, Foxconn group, the first Taiwan Fortune 500 company in the world and the world's largest electronics manufacturer, decided to invest 3 billion US dollars in Nanning, and carry out comprehensive cooperation in the industries of aluminum deep processing, electronic information, environmental protection, energy saving and new materials. The focus is on the deep processing of aluminum products and the formation of a certain scale of electronic information industry. The annual output value of electronic information industry will reach 50 billion yuan after 5 years.

Guigang and Yulin have always been the "treasure houses" favored by Taiwanese investors.

In 2007, Guangxi Gubao Footwear Co., Ltd., which was stationed in Guigang, settled for only 3 months, and the number of employees increased to 1200.

In the first half of 2007, Guigang introduced 3 Taiwan funded enterprises with a total investment of over US $5 million under the influence of Taiwan mud.

With the establishment of the experimental zone for agricultural cooperation between the two sides of the Taiwan Strait (Yulin, Guangxi), Taiwanese investment banks are heading for Yulin. Up to now, Taiwan funded projects in the pilot area have exceeded 30.

Baise, a rising star in the industry, has stepped up its efforts to attract more investment through the way of "please come in and go out".

Liuzhou, Hezhou, Beihai and Qinzhou have also become the focus of the pfer of Taiwanese capital industry in the East.

The emergence of Guangxi's dominant low-lying land is accompanied by seven new policies, such as the implementation of the new labor contract law and the tax and environmental protection. The pressure on Taiwanese businessmen, mainly in the manufacturing sector, has long been entrenched in Guangdong, Fujian, Zhejiang, Jiangsu and other places. Many Taiwanese businessmen move away from the East, and some of them move to Jiangxi, Hunan, Guangxi and other provinces and regions, and some of them move to Vietnam, Thailand and other countries where labor and land are cheaper.

After that, it will explicitly give policy support to the Beibu Gulf Economic Zone in five major aspects, including comprehensive reform, major project layout, bonded logistics system, financial reform and open cooperation. Secondly, the Ministry of Commerce will include Guangxi Nanning and Qinzhou in the key areas of national processing trade gradient pfer. Taiwanese businessmen can enjoy a series of preferential treatment such as state policy loans and interest discount in Guangxi. Thirdly, the increasingly prominent shortage of electricity, water shortage and shortage in coastal areas in recent years has been relatively relaxed in Guangxi. Fourthly, the impact of China ASEAN Expo has been expanding. Guangxi, as the southwestern sea going channel and the China ASEAN International Grand channel, has become increasingly prominent, and its strategic position and role in international and domestic regional cooperation have been promoted rapidly. "Guangxi" Zhong Shulin, deputy director of the Regional Investment Promotion Bureau, believes that opportunities, location, resources and cost advantages are fundamental to attracting Taiwanese businessmen in Guangxi: first, the state has approved the implementation of the Guangxi Beibu Gulf Economic Zone Development Plan.

In addition, the basic productive factors such as labor, land, industrial water, electricity and so on in Guangxi are well supplied and low in cost.

The average monthly wages of industrial workers in Guangxi are much lower than those in developed coastal areas.

In terms of land prices, the lowest price of industrial land in 77 cities (counties) in Guangxi is below 100 thousand yuan per mu, and 95 counties (districts) have paid the standard of newly built construction land under 20 yuan per square meter, of which 75 counties (districts) are less than 10 yuan per square meter, while the eastern region generally has more than 40 yuan.

On the cost of water and electricity, the overall electricity consumption of Guangxi is lower than that of Guangdong, and the price of industrial water is only about 2/3 of that of Guangzhou and Shenzhen.

In terms of pportation cost, Guangxi and Guangdong have their own ports, and have more choices than many other Midwest provinces.