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ARTICLE · 30 JULY 2014

China Outbound Investment Guide 2014: Luxembourg

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Some of the leading sectors into which the Luxembourg government has been seeking to attract foreign investment are biotechnology/health technologies.

LuxembourgGovernment, Public Sector
Laurent Lazard
Laurent Lazard

Section 1: China outbound investment

a. What are the key sectors in your jurisdiction that attract, or to which the government is seeking to attract, China outbound investment (COI)?

Some of the leading sectors into which the Luxembourg government has been seeking to attract foreign investment are biotechnology/health technologies, e-commerce, logistics and eco-technologies.

Over the past few years, Luxembourg has become a focal point for Chinese companies' outbound investment by their setting up offshore companies in Luxembourg through holding and pooling investments. Luxembourg is also an obvious choice to locate all kinds of (pan-European) operations, whether it is a European headquarters for Chinese banks, where Luxembourg is to act as Europe's hub for renminbi products (Industrial and Commercial Bank of China (ICBC), Bank of China (BoC), Chinese Construction Bank), or for structuring tax-efficient acquisitions in Europe.

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