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Home >> Business
UPDATED: 15:03, November 15, 2004
Survey: China's economic growth is a most positive factor
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According to a recent survey conducted by the US Dow Jones Indexes on the future development of the global top 50 transnational corporations, one-third of these corporations believe that China's economic growth is the most positive factor for their development in the coming five years.

Five years ago, Dow Jones Indexes introduced the "Global 50 Giants Index" for 50 big transnational corporations. The survey revealed that China's economic growth ranked first among the many factors that would affect the corporations' future development in the next five years. These include China's cheap but good products, excellent talents and vast markets. Of course, 13 percent corporations claimed that China's economic growth would exert negative influence on their future development. They mainly meant that China's economic development would entail price rise in oil and raw and semi-processed materials and would compete with their products. However, another 20 percent firms held that their future income from the international market would come mainly from China, and their market share in China would be as big as that in the United States.

The investigation result also shows the big multinationals' development trends in the coming five years. M & A (merger and acquisitions) will no longer be the main methods for the expansion of these multinationals, their future development will rely mainly on the improvement of their own products and services.

By People's Daily Online


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