This information should relate to both the enterprise and the key business partners making up the extended value chain of that enterprise.

This information should relate to both the enterprise as well as the key business partners making up the extended value chain of that enterprise.

Through physical integration, BASF was able to save by creating synergies in the use of infrastructure, the supply of water and energy, the management of an extended value chain, the provision of logistic and purchasing services, investments in respect of health, safety and environmental standards, and contacts with Governments.

Second, in accordance with China’s 12th Five- Year Plan, thefree-trade zone aims to extend the industrial value chain andimprove value-added content, promote the coordination of domesticand foreign investment in manufacturing, and strengthen thesector’s classification and assessment capacity.

By extending their value chains into low-cost locations, developing-country firms are investing in other developing countries (e.g. Singaporean manufacturing companies building their investment in Indonesia, Thailand and Viet Nam, or textiles and clothing companies extending their activities to Cambodia and parts of Africa to take advantage of low-cost production).