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Slide 1: Doing Business in China Main Aspects
Slide 2: Introduction • Nowadays many companies are doing business in China. • And doing business in another country demands a lot of requirements and investments.
Slide 3: Introduction • China’s labor market very much appeals to many foreign investors.
Slide 4: Doing Business in China Advantages • Labor cost is low. • China’s workforce has become matured and their skills have been constantly upgraded (coastal cities). • Educational development is undergoing at a tremendous pace in China.
Slide 5: Doing Business in China Downsides • We can find good and bad business practices in all countries around the globe. • Wherever we are, we should be aware of: – Corruption, conmen and complicated legal systems. – Bad business practices. – Non-payment for goods received. – Faulty or inadequate final products.
Slide 6: Guangxi - Relationship • A special feature of doing business in China will be that Guangxi (relationship) in China will have to include relationship with the government body, investors, partners and even relationship with your own staff.
Slide 7: Guangxi - Relationship • So when doing business in China, it is important for foreign investors to learn to coordinate with the China government, especially establishing good relationship with government bodies dealing with foreign trade and economic cooperation.
Slide 8: Guangxi Main Reason • Governmental procedures for foreign investors in establishing investments in China is extremely complicated. • Being unfamiliar with the procedures will delay business opportunities. • Chinese emphasize very much on courtesy and face-saving.
Slide 9: Guangxi - Strategies • Being courteous to government official, cooperative partner and staff is thus essential. • It is essential to respect your partner. • Be flexible in management procedures. • Be sensitive to China’s culture.
Slide 10: Lico Reis Consultoria & Línguas Prof. Lico Reis www.licoreis.com licoreis@licoreis.com E-books: www.migre.me/oQ5 Linkedin: www.migre.me/1d9r Twitter: @licoreis