New Directions – Lan Xinzhen

From The Beijing Review: Fresh investment flowing into China is moving into broader regions and into agriculture and services.

Not so long ago, “Going to China” was the chant for international investors. In their eyes, as long as they came to China, they would earn money. This was true and many investors had made a killing here. But the new concern is “Where to invest in China?”

“Some foreign investment in coastal regions is being transferred to central and western regions,” said Ma Kai, Minister in charge of the National Development and Reform Commission. Foreign enterprises have decided not to pour more investment into metropolises such as Beijing, Shanghai and Guangzhou. They are looking increasingly at regional business hubs such as Nanjing, Wuhan, Chongqing, Ningbo, Dalian and Shenyang.

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