Why do Fortune 500 companies go abroad?

Speaking of Fortune 500 companies, "Fortune 500" is a conventional name in the list of Fortune 500 companies selected by American magazine every year. Fortune magazine also selected the "Top 500 Enterprises in the United States" (also known as the "Fortune 500"), the most admired enterprises in the United States and the world, the list of young rich people in the United States, and the 25 most influential entrepreneurs in the global business community.

With the continuous expansion of China's economic influence, all enterprises in the world can't ignore the vast market of China. For Fortune 500 companies, China is an important part of their overseas markets, so the headquarters of Fortune 500 companies are constantly moving to China. So what charm does China have to attract these Fortune 500 companies to "settle down" in China?

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First, social and political stability, continuous improvement of the investment environment, and continuous expansion of the field of opening up; Secondly, there are abundant human resources and a large number of highly educated and high-quality laborers, and the number of college graduates reaches 4 million to 5 million every year; Secondly, China has become a global manufacturing center with strong demand for modern service industry; Thirdly, modern infrastructure such as transportation and communication is relatively complete, and the service level of some facilities reaches the level of developed countries, which provides a good hardware foundation for the development of service outsourcing business; Finally.

Factors affecting the location of corporate headquarters include national economic growth and stability, local infrastructure, regulatory environment, labor force, productivity, convenient transportation and tax policies. With the change of global environment, China has great advantages in these aspects, so it is normal for the headquarters of Fortune 500 companies to continue to "cluster" in China.

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It is for these reasons that the number of Fortune 500 companies in China has been increasing quietly in the past 20 years. In 2000, there were 480 Fortune 500 companies headquartered in OECD, and among the remaining 20 companies, only 10 was located in China. By 20 19, 1 19 of the world's top 500 enterprises have gathered in China, only two less than the United States, surpassing Japan to occupy the second place in the world.

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Taking 20 18 as an example, the number of headquarters of Fortune 500 companies in major cities in China is: 53 in Beijing, 8 in Hong Kong, 7 in Shanghai, 7 in Shenzhen, 6 in Taipei, 3 in Guangzhou, 3 in Hangzhou, 3 in Xiamen, 2 in Foshan, Fuzhou, Urumqi and Xi 'an, and then 22 cities in China have headquarters of Fortune 500 companies, among which There are only 1 corporate headquarters, namely Zoucheng, Zhengzhou, Changzhi, Changchun, Zhangjiagang, Yangquan, Xingtai, Hsinchu, Wuhan, Tianjin, Taoyuan, Suzhou, Shijiazhuang, Qingdao, Nanjing, Jincheng, Jinan, Guixi, Kaohsiung, Datong, Binzhou and Anshan.