综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Make me your Homepage
left corner left corner
China Daily Website

Shanghai looks good for cosmetics giant

Updated: 2013-07-23 19:51
By Shi Jing in Shanghai ( chinadaily.com.cn)

Consumer goods giant Procter & Gamble is refocusing its strategy in China with a sales center in Shanghai as it opens operations outside Guangzhou.

As a result, the tax revenue of the local government in Guangzhou, where P&G is based, was reduced by 56 percent, or 1.45 billion yuan ($236 million), in the first six months of this year.

It is expected that the reduced tax income will reach 2 billion yuan by the end of this year, according to the Guangdong Provincial People's Congress.

Favorable conditions helped lure the company to Shanghai.

The city shifted from business tax to value-added tax in January last year, which could reduce a company's tax by up to 40 percent.

Guangdong introduced the policy in November last year.

Experts also said that the Shanghai free trade zone has also attracted P&G.

Executives at P&G China deny moving their sales headquarters to Shanghai, as they insist that there has never been a sales center in Guangzhou. They also added that Guangzhou has always been "the most important and ideal" manufacturing base in China.

Apart from the factory in Huangpu district of eastern Guangzhou, which is P&G's largest factory in Asia, P&G is also building a factory in the Luogang, also in eastern Guangzhou.

Shanghai is becoming more attractive to multinational cosmetics companies. Unilever returned to Shanghai in 2009 and set up an international research and development center that attracted a total investment of 500 billion euros ($659 billion). Johnson & Johnson also moved its international headquarters to Shanghai in 2012.

 
...
开化县| 宣威市| 宾川县| 外汇| 大新县| 绵阳市| 涡阳县| 灵台县| 新乡县| 吕梁市| 商水县| 文登市| 高平市| 奈曼旗| 西乌| 二手房| 泸州市| 康保县| 革吉县| 潞城市| 麦盖提县| 安乡县| 黔西县| 静海县| 项城市| 贡觉县| 青冈县| 台州市| 沅江市| 彰化县| 信丰县| 德化县| 新晃| 天祝| 阳城县| 紫云| 岑溪市| 宁远县| 台南市| 昔阳县| 汶川县|