Riccardo Benussi Speaks on Investing in Western China in Munich

On February 24, 2022, Riccardo Benussi, Head of EU Business Development, spoke at a breakfast workshop in in Munich, Germany, about investing in China’s Southwest. The event was co-organized and sponsored by Deyang National Economic & Technological Development Zone (Deyang NETDZ). This event was also broadcasted online to connect interested investors who could not make it to Munich.

Christoph Hering, Business Consultant at the Deyang NETDZ, joined online from Chengdu, Sichuan Province to provide insights.

Deyang is located in the North of the Chengdu, the capital city of Sichuan Province. It enjoys excellent access to natural resources and a strong transportation network. Christoph introduced the locational advantages of Deyang and provided an in-depth analysis of the key economic indicators and leading industries there. Afterwards, Riccardo presented the wider context of investing in Western China, including important regulatory updates that came into play in 2021, and introduced the Chengdu-Chongqing economic circle.

In conclusion, the speakers communicated with the audience about the ecosystem in Deyang and Chongqing for foreign enterprises. According to Christoph, enterprises there enjoy convenient access to co-working spaces and a young talent pool, which makes it easy to start a business. Even under the COVID restrictions, business trips and communication has not been greatly impacted due to the local government being efficient and organized with regards to testing and prevention.

To watch the recording of this hybrid event, please click here. If you have further questions on this topic, please contact Riccardo via riccardo.benussi@dezshira.com.

Dezan Shira’s German Desk

Seit 1992 unterstützt Dezan Shira & Associates ausländische Unternehmen und Investoren in Asien und leitet sie durch die komplexen Rechtslagen verschiedenster Regionen. Dabei entwickelte sich unsere Firma zu einer der vielseitigsten Unternehmensberatungen Asiens mit Kundensupport in allen Bereichen.

Wir helfen unseren Kunden bezüglich jeglicher Geschäftsfragen in Asien, von der Firmengründung bis hin zur Marketingstrategie, einschließlich aller Rechts- und Steuerfragen. Zu unseren Kunden zählen mehr als 600 deutsche Unternehmen, die bereits mehr als 500 Millionen Euro in Asien investiert haben. Die meisten von ihnen sind kleinere börsennotierte Unternehmen und KMU, von denen viele sogenannte “Hidden Champions” sind.

Further Resources

For further resources on doing business in Asia and to stay up to date about regulatory changes, industry profiles, FDI data, as well as other pertinent business information, you can visit our websites:

• China Briefing
• Vietnam Briefing
• India Briefing
• ASEAN Briefing

You can also visit our publication store, Asia Briefing, which houses in-depth business guides and magazines for multiple regions in Asia, and our knowledge sharing platform Asiapedia for multimedia resources.