Public Administration News
Share
 |
Shanghai Ranked Top as Asia Headquarters Location |
| Source: |
straitstimes.com |
| Source Date: |
Thursday, April 07, 2011 |
| Focus: |
Electronic and Mobile Government, Citizen Engagement, Internet Governance
|
| Created: |
Apr 12, 2011 |
|
European companies in China ranked Shanghai as the most attractive city to locate their Asia-Pacific headquarters as the Chinese city provides companies with direct access to the region's biggest market, a survey showed on Thursday.
Hong Kong and Singapore ranked the second and third most preferred locations out of 15 cities examined in the survey which was conducted by the European Union Chamber of Commerce in China and Roland Berger Strategy Consultants.
Proximity to clients and markets was ranked as the most important criteria for the location of a regional headquarters and in which Shanghai had scored the highest mark.
The study explained that the fact that the majority of respondents were China-based might partially explain Shanghai's high score.
Despite its lead in overall attractiveness, Shanghai lagged Singapore and Hong Kong in other areas such as the legal and regulatory environment as well as the political environment.
'Foreign companies still perceive a comparatively high level of bureaucracy, face a high number of partly unclear and fast changing regulations, and are concerned about the time-consuming administrative procedures they experience,' according to the survey findings.
|
|
|
|
|
|
 Tag This |
Shanghai Ranked Top as Asia Headquarters Location European companies in China ranked Shanghai as the most attractive city to locate their Asia-Pacific headquarters as the Chinese city provides companies with direct access to the region's biggest market a survey showed on Thursday
 Tell A Friend |
|
 del.icio.us digg this Slashdot |
| Rate: |
0 ratings
|
Views: |
171 |
| Comments: |
0 |
Favorited: |
0 |
Bookmarked: |
0 |
Tagged: |
0 |
|
|
|
|