Deloitte and BOC jointly launched CEE Investment Guide
Deloitte and Bank of China jointly launched the Investment Guide to Central and Eastern Europe, providing insightful introduction to the region's overall business environment and investment consideration covering 11 countries including Albania, Bulgaria, Croatia, the Czech Republic, Hungary, Lithuania, Poland, Romania, Serbia, Slovenia and Slovakia.
For the past 2 years, Central and Eastern Europe region achieved positive growth around 3% despite the political and economic turmoil in Western Europe. The promising economic development laid a solid foundation for a favorable investment outlook of the area. Besides, the political impetus, such as the "16+1" mechanism, which aims to boost trade and investment liberalization and facilitation between China and CEE countries, also fueled up cross-border business cooperation. Bilateral trade between China and CEE countries mounted from $43.9 billion in 2010 to $58.7 billion in 2016, accounting for 9.8% in the total China-Europe trade.
The CEE is also considered to be a hot target region in the Belt and Road Initiative. Many inter-governmental projects, such as the establishment of China-CEEC Inter-Bank Association and the second phase of China-CEEC Investment Cooperation Fund, are already in the pipeline. This will definitely facilitate Chinese investors with a sustainable investment environment of mature product chain, value chain, and logistic chain.
The guide elaborates the investment blueprint of the region in terms of its economic performance, business environment, tax & legal structures, key industries, as well as talent and community resources, and provide investors with the necessary knowledge when they expand their footprint in the region.
Deloitte has 41 offices in 18 countries and regions in Central and Eastern Europe, ready to support you with comprehensive solutions addressing complex business challenges. We hope you find this guide useful in your decision making in investing and operating in CEE.