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Most Japanese Ventures Make Profits in China
A latest survey on small- and medium-sized enterprises (SMEs) declared by SMEs Information of Japan (SMEIJ) February 24 that more than half of Japanese SMEs with an investment in China have achieved considerable returns and even an interest gain of as much high as 70 percent in the textile sector.
Launched last October, the investigations were conducted among 714 Japanese-funded companies in China. According to statistics, some 55 percent of Japan's SMEs reported earning money, about 23 percent were in the red, and the rest struck balance.
Some Japanese SMEs in textile sector recently urged their government to curb textile imports from China due to the latter's impacts on their domestic market. However, SMEIJ found that many Japanese enterprises have turned their investment to China for low labor costs as a new strategy for their further development. It proved true that the product sales of Japan's SMEs have promised high profits and bumper yields are expected.
By PD Online Staff Yin Zhili
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