2.What was the bilateral trade volume between China and your country in each of the past 5 years? Amount of foreign direct investment (FDI)?
There is no data available on total bilateral trade volume. Foreign Direct Investment from Wallonia stands at about €9.9 billion.
3.What are the top 5 industries receiving FDI?
Top six sectors in which Wallonia has more strengths:
- Mechanical Engineering
- Biotechnology and health
- Transportation and Logistics
- Environment and sustainable development
4.Are there any government programs to support foreign investors? Are there any industries in which the government encourages foreign investment with policies such as subsidies or preferred registration status?
Introduction to “Home to Chinese Enterprises” Project in Mons
Chinese enterprises may consider to register with the “Home to Chinese Enterprises” Preparatory Office in Europe (free of rental charges in a six-month period. The rentals will be paid by Wallonia State Government).
“Home to Chinese Enterprises” project which is located in Mons, Wallonia of Belgium is quite appealing to foreign investors. This project is primarily intended to encourage and attract investments from Chinese enterprises.
5.Are there any industries in which foreign investment is restricted or prohibited?
The regulations vary much from specific sectors. We do not have any data available for the moment.
6.What are your country’s advantages over comparable regions for foreign investors, such as tax breaks?
- Effective tax rate at about 20% in Belgium
- Advance revenue ruling mechanism in Belgium
- Favorable personal income tax treatment in Belgium
Click here to download the full version.
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer
for more details.