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Article: OVERSEAS INVESTORS IN CHINA MOVING WEST AMID FINANCIAL CRISIS.
- Article from:
- AsiaPulse News
- Article date:
- April 22, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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XI'AN, April 22 Asia Pulse - A Hong Kong-based energy firm has located its regional headquarters in the ancient Chinese capital of Xi'an, one of the latest overseas companies to seek opportunities in western China amid the global financial crisis.
Eco Service Management Company Ltd., a wholly-owned subsidiary of the Hong Kong and China Gas Company Limited (Towngas), set up its regional headquarters at a high-tech zone on the outskirts of Xi'an last week, said Song Haiyang, spokesman of the high-tech zone.
"It was the first overseas company to locate regional headquarters in Xi'an," Song said Monday.
Alfred Chan, managing director of Towngas, ...