26-10-2005

Wuhan, should the Italians imitate the French?

26 Oct. 2005 (China Knowledge) - French investment in Wuhan accounts for one third of the country’s total investment in China, making Wuhan a hotspot for FDI from France.

Sixteen French companies have set up their businesses in the Wuhan Development Area with a total investment of US$2.104 billion. French companies have also established 30 joint ventures in Wuhan with a total investment of US$2.2 billion. France is currently the second biggest investor in Wuhan after Hong Kong.

French automobile equipment supplier Faurecia will build a third plant in the Wuhan Development Area within this year to manufacture automotive interior trimmings in addition to its two plants that are already manufacturing automotive seating and silencers.

Testo tratto da Chinaknowledge.com


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