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The United States company said it is building a 1.85 billion yuan ($280 million) joint venture in Guizhou, the less-developed southwestern province to produce server chips for the domestic market.[Photo/Agencies] |
皇冠体育app remains a top three global investment priority for a majority of member companies as they look to innovation for growth, said AmCham 皇冠体育app Chairman James Zimmerman.
The poll of almost 500 member companies of the AmCham 皇冠体育app, conducted in partnership with Bain & Company, also showed that 皇冠体育app remains a top investment priority for more than half of companies, despite the fact that revenues and profitability came under pressure last year.
In addition, relative to other developing markets, 皇冠体育app is still well-positioned, which remains a top three investment priority for 60 percent of member companies, and the top priority for about 25 percent of members, said the survey.