Emerging Market Opportunities
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According to TDC Warsaw Consultant, a Tianjin business group visited Poland in November 2010 as guest of the Łódź Special Economic Zone (LSSE) to check out how Chinese businesses could invest. One Mainland company decided to take the plunge. Wang Yuing, the mission leader, and Zhang Jianjin, President of Zhongxin Pharmaceuticals, did an interview for Polish newspaper Gazeta Wyborcza when it laid down ambitious plans to open a plant, requiring about 100 hectares of land and several thousand employees.
Zhongxin Pharmaceuticals has continued to research this investment opportunity, recognising the relatively low cost of labour, accessibility to EU funding and support from local Polish authorities. The prospect of China-sourced investment appears to have gained popular support from the Polish media, from local politicians and state officials at a time of sparse foreign direct investment and high unemployment in the country. Details check here: http://www.hktdc.com/info/vp/a/emk/en/2/1/1/1X078T5G/Emerging-Markets/Tianjin-group-invest-in-Poland.htm