Focus on global value chain ensures flow of FDI (3)

Supply chains and relatively sound infrastructure make China a stand-out destination for many foreign investors.

"A lot of our suppliers are in the immediate neighborhood, which cuts logistics and other costs," said Park Jong-ho, management director at LG Innotek in Yantai in eastern Shandong Province.

"If it were just a question of labor costs we should go to Southeast Asia. The reason to be here is not labor costs."

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