Why China

(Tax, funding, space, services)

“China attempts to encourage investments from foreign residents. The following are among the reasons that foreign investors are attracted to China:

• Extremely low labor costs.
• A tremendous buyers' market in China itself with a population of 1.3 billion.
• An expectation of a sharp increase in the buying power of Chinese residents, a fact that is influenced by the annual GDP of over 8% per annum and the low rates of inflation.
• In recent years, Chinese laws concerning foreign investments have been significantly eased. The total FDI in China for 2010 totaled 105.7 billion Dollars.
• Benefits to new high technologies: Such companies, in addition to a 15% reduced rate of tax are eligible to an additional 50% deduction for R&D expenses.”

-Worldwide-Tax.com

“Substantial growth in the Chinese economy. As the first major economy to show a recovery from coronavirus damage, China will become the world's "engine of economic growth" in post COVID-19 pandemic recovery.

Today, the Chinese economy has grown substantially. There is some reason to believe that China will drive global economic growth more intensely.”

-Global Times

“China accounted for nearly half of global patent filings last year, according to the United Nations World Intellectual Property Organization (WIPO).

There is little surprise that China is relying on foreign sources of knowledge and experience to build out its own IP and patent regime. It has been a pattern for decades that China uses models of Western and international legal and regulatory frameworks and content to establish its own protocols. Doing so gives investors and other foreign stakeholders something recognizable to feel they can rely on, whether or not the reality bears out that confidence.”

-The Diplomat