Peter Rasmussen established Asia Base A/S in China as a generalist consultancy in 1994. The goal of the company was to provide foreign clients with a clear perspective of the investment environment in one of the world's fastest growing economies. Utilizing an extensive background in the mechanical control industry and years of work in both Mainland China and Taiwan, Peter built Asia Base into one of the largest Northern European professional service firms in China.

In 2006 Asia Base Law & Projects spun out of Asia Base A/S as a specialist in the policy and regulatory aspects of business establishment and re-structuring in China, as well as a variety of legal-aid services.

The Suzhou municipality has sustained the largest inflow of Foreign Direct Investment (FDI) in China since 2005 and is now ranked the 5th wealthiest city on the Mainland. Suzhou lies just to the northeast of Shanghai, in the area known as Greater Shanghai, within the Yangtze River Delta. Downtown Suzhou is a mere 35-minute bullet-train ride to downtown Shanghai. The Suzhou municipality includes: Downtown Suzhou, Kunshan, Changshu, Zhangjiagang and Wujiang. Wuxi and Changzhou are within an hour's car ride of downtown Suzhou.

For a map of Suzhou's location relative to Shanghai, click here.

Currently, there are over ten thousand foreign enterprises operating in the Suzhou municipality. Among the world's top 500 multinational companies, 113 of them already have a presence in Suzhou, and more than 30 have set up R&D centers in the city proper. Downtown Suzhou is 1-1/2 hours by bullet-train to Nanjing; and by 2012 will be a mere five-hour ride by bullet-train to Beijing. Suzhou is positioning itself to become an economic center of growth for Eastern China and for all of eastern Asia.

The city of Suzhou has a history dating back over 2,500 years. It has always been an important city for trade and culture throughout much of ancient China. In 1994, Suzhou was little more than a rural village surrounded by farms and lakes, with minimal infrastructure, and little connection to either Shanghai or the outside world. However, being strategically located only 60 kilometers (36 miles) from Shanghai afforded the city many opportunities for growth in China's booming economy. Capitalizing on Suzhou's future potential, Asia Base was established here in 1994.

In the coming years, Suzhou transformed itself from a country village into the industrial base for Shanghai and Yangtze Delta region. Through a cooperative agreement with the government of Singapore, the Suzhou-Singapore Industrial Park was established and investment in transportation infrastructure and livability increased to levels not seen elsewhere in China.