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Jun26
Moving a High Tech Business to China

What are some of the reasons to move a high technology business to China?

Reasons to move business to China include low labor and operations costs, and ease in localizing products in Chinese languages.

Selected investment areas include:

- Hangzhou in the Zhejiang province
- Suzhou and Kunshan in the Jiangsu province

Further, to encourage foreign multinationals to establish regional headquarters (“RHQ”) in Shanghai, the Shanghai Municipal Government announced on July 20, 2002 the Shanghai Regional Headquarters Regulations.

A RHQ means an office in Shanghai of a foreign multinational corporation that, through investment, exercises management and service functions for at least three enterprises in a region consisting of more than one country, with at least one of the enterprises outside of mainland China. A RHQ cannot manage enterprises in mainland China alone. Enterprises in Hong Kong, Macao, or Taiwan may qualify as being outside of mainland China.

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