The Global Phoenix - Issue 4 The Global Phoenix - Issue 4 | Page 25

Second-tier cities are also now a focus of multinational investment . Second-tier cities include Tianjin , Changchun , Chongqing , Wuhan , Changsha , Chengdu and Nanjing .
We also have numerous third-tier cities that are also now starting to play a role in the country ’ s ongoing economic development : HeFei , Nanchang , Kunming , Wenzhou , Nanning , Urumqi , Guiyang , Yinchuan , Haikou , Lanzhou , Xining , Changzhou , Yangzhou , Nantong , Xuzhou and many others .
3 . Which sectors are these corporations from ?
In the first-tier cities of Shanghai , Beijing and Guangzhou , they are predominantly consumer , car and chemical-related industries .
The company headquarters are usually based in the firsttier cities . As the land and labour costs become higher , companies are expanding their manufacturing plants ( mostly for producing car parts and electronics ) into the second and third-tier cities which are located reasonably close to the headquarters , and where labour and land are available at greatly reduced prices .
There are many local government incentives to attract foreign industry to the upcoming cities .
4 . What are the housing options for expatriate workers ?
Over the past twenty years there has been exponential development in the field of real estate , starting from the first-tier cities .
Expatriate workers can now choose from a wide selection of newly-built modern dwellings within a compound setting , older renovated apartments , luxury spacious villas or serviced apartments in different sizes and styles , and catering to all budgets . City life has become increasingly comfortable as purpose-designed compounds offer every possible amenity ranging from sports and fitness to fine dining opportunities .
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