The rising land cost and labor price can only be considered as part of the reasons why foreign companies quit China. The fundamental reason is that China's industry has changed its original position in the international division of labor through rapid development, such as electronic products, chemical products, medicines and medical devices, precision instruments and so on. These fields were basically dominated by foreign companies in those years. The products of foreign companies are unimpeded in China market, and their sales are increasing year by year. However, with the passage of time, enterprises in China have developed very rapidly, and their management and production levels have improved rapidly, posing all-round challenges to foreign companies in various industries and fields.
As you know, if China makes a product, it will destroy a market. There are many people, hardworking people and people who are willing to suffer. Where can people who pay attention to human rights and overdraw their consumption slowly find money? If foreigners hadn't blocked China in high technology and technology, it would have been invincible now after more than 30 years of reform and opening up ~
Therefore, at present, foreigners have basically no foothold in all civil industries in China that are not restricted by the government, and they can't run away ~ ~