Antony Chuang, an investor from Taiwan who has been operating a toy business in the southern Chinese city of Shenzhen, has not spent much of his time on business these days.
Chuang, the deputy head of a 2,000-member association of Taiwan investors in Shenzhen, Guangdong Province, has devoted most of his time to organizing tours for members to inland provinces, or even overseas as they seek new business locations.
He believes the shift of small- and medium-sized overseas-backed enterprises out of the Pearl River Delta, where Shenzhen is located, is only natural.
In the beginning, those overseas-invested businesses that were on the move were mainly environmental polluters. They involved sectors such as electroplating, leather making, printing and dyeing, among others. Nowadays, even more businesses in the fields for making footwear, toys, garments and electronic products are following suit, according to Chuang.
"Going back two decades, when Taiwan-invested businesses first appeared in the Pearl River Delta, the pattern of management was sloppy," he said. "Plenty of investors, with compasses in hand, decided on factory locations according to wherever they had their hearts set on.
"Some conventional enterprises built then can hardly meet the present requirements for fire safety and environmental protection. For them, the suggestion is either to upgrade or leave."
Source: Xinhua
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