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France behind Germany, Britain in attracting Chinese investors: report

Xinhua, May 27, 2015 Adjust font size:

France has not caught up with its two main European rivals, Germany and Britain, in attracting Chinese investment, according to the 2015 barometer on the attractiveness of France published Wednesday.

In 2014, the number of projects launched by Chinese investors in France is only 17, against 79 in Britain and 40 in Germany, the barometer released by financial auditing firm Ernest & Young showed.

The 2015 Barometer recommends four priority measures for France to become "world leader": reduce the cost of labor, ease the administrative and legal environment for companies, reduce corporate taxation and support research and innovation.

The 2015 Barometer also highlights the low attractiveness of France for corporate headquarters, research and development centers and companies from emerging markets, with only 11 companies having installed their headquarters in 2014 while the Britain, well ahead at European scale, hosted 57. Endit