SAN JOSE, Calif., April 7, 2005 (PRIMEZONE) -- China Business Strategy will lead a tour to Shanghai, Guangzhou, Shenzhen, Zhuhai, Macau and Hong Kong for business persons and investors interested in learning more about possible business and investment opportunities in those regions.
The tour will begin on May 11 and end on May 21, with departure from San Francisco in the U.S., and returning to the U.S. from Hong Kong.
The tour will be led by Paul Denlinger, CEO of China Business Strategy.
Highlights of the tour to Shanghai will include visits to the CeBIT Asia show, Xintiandi, the Shanghai Pudong Software Park and the Bund. The Guangzhou leg will include visits to the Guangzhou Science City, Nansha Development Center, the Tianhe Hi-tech Development Zone and the Huanghuagang Software Park.
In Shenzhen, the tour participants will take in the China IT Expo, while in Zhuhai, they will visit the Zhuhai Southern Software Park. Afterwards, the tour will go to Macau and then end in Hong Kong.
Meetings with government and development zone officials will also be included in the itinerary.
The tour is targeted at investors and business professionals who are interested in getting a hands-on understanding of developments in the Chinese market.
The registration deadline is April 24, and seats are limited.
According to China Business Strategy, the Chinese domestic technology market has seen rapid growth for the past five years, and more and more, investors are going to China to invest to reach the market, as well as for its lower production costs.
Paul Denlinger, CEO of the company, says that slow reforms of the Chinese financial sector have created an opportunity for private equity and venture capital firms to step in. "Large non-Chinese banks are not clear about Chinese government policy for the major Chinese banks; smaller firms don't have to worry about these issues."
Shanghai
Shanghai offers significant opportunities, and is now the commercial center of China. It has world-class retail facilities in Xintiandi and the Bund, and is now also home to leading hardware and software manufacturers at the Shanghai Pudong Software Park. Recognizing its growing importance in technology, CeBIT Asia has selected Shanghai as its venue for new technology and trends in the Asia region.
Guangdong
Guangzhou, Shenzhen and Zhuhai have all focused their attention on developing research and technology, as well as operational centers, back-end support and call centers. Other areas they are expanding into are gaming development and entertainment applications.
Guangzhou and Zhuhai have campuses for some of China's leading universities, providing an excellent labor pool for prospective employers. Recently, the area has attracted significant investment from Indian software companies seeking to expand their outsourcing presence in China.
The China IT Expo in Shenzhen is one of the leading shows focused on IT in southern China.
Zhuhai, in particular, is set to benefit from the construction of a bridge connecting Hong Kong, Macau and Zhuhai, as well as from investment spillover from Macau.
Macau
Macau is set to benefit from more than US$20 billion in investments focused on gambling and entertainment. The Sands opened their first casino in May 2005; the $250 million investment is set to break even in its first year.
Current plans call for a new development, the Cotai strip, which would largely replicate the Las Vegas strip. Participants in the project are Marriott International, Starwood Hotels and Resorts, Four Seasons Hotels and Intercontinental Hotels Group, as well as Las Vegas Sands.
Sands has publicly stated that the goal is to build in Macau in three years, what took 75 years in Las Vegas.
Tour Detailed Information
For detailed information, including registration information, about the tour, please visit:
http://www.china-ready.com/events/ShanghaiGuangdongMay05Tour.html
China Business Strategy is a strategic consulting firm focused on helping non-Chinese firms find partners and develop markets in China, and on helping Chinese companies enter the global market. For more information, please visit http://www.china-ready.com