China: Business Environment Project

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Country Profile & Business Environment Project

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Class: IB 333-Country Profile & Business Environment Project

Transcript of China: Business Environment Project

Page 1: China: Business Environment Project

Country Profile & Business Environment Project

Page 2: China: Business Environment Project

• Brief Historical, Geographical and Natural Resources • Political & Regional Economic Integration Factors• Brief Demographic • Country’s Economic Growth• Technological Factors

• Productivity• Wage Structure • Labor • Industrial Relations

• Government and Business Relations• Multinationals and Joint Ventures• Discussion of major issues• Conclusion

Page 3: China: Business Environment Project

Prehistory Paleolithic Neolithic Bronze Age

Ancient era Xia Dynasty Shang Dynasty Zhou Dynasty Spring and Autumn Period Warring States Period

Imperial era Qin Dynasty Han Dynasty Jin Period Southern and Northern Dynasties Sui Dynasty Tang Dynasty Five Dynasties and Ten Kingdoms Song Dynasty and Liao, Jin, Western Xia Yuan Dynasty Ming Dynasty Qing Dynasty

Modern era Republic of China Present

Page 4: China: Business Environment Project

Capital: Beijing

Area: total: 9,596,960 sq km

land: 9,326,410 sq km water: 270,550 sq km

mostly mountains, high plateaus, deserts in west; plains, deltas, and hills in the east

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Coal Iron ore Petroleum Natural gas Mercury Tin Led Zinc Uranium

Chinas hydropower potential is the largest in the world

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• Leaders: • President HU Jintao• Vice President XI Jinping

• 1945 • Republic of China was one of

the founding members of the United Nations

• NAFTA • works with China to Provide

a super-highway to increase volumes of containers to the US

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Governments economic development challenges:

• sustain adequate job growth

• reduce corruption and other economic crimes

• contain environmental damage and social strife related to the economy's rapid transformation.

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Population: 1,321,851,888

Ethnic Groups: Han

Zhuang

Uygurr Hui Yi Tibetan

Language: Sino-Tibetan

Religion: Past:

Orthodox

Non-Sinitic: ZhuangMongolianTibetanUyghurHmong Korean

MiaoManchuMongolBuyiKorean

Present:DaoistBuddhistChristianMuslim

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China ranks #4 on the top 10 list for Largest National Economies according to GDP.

China’s per capita income grows at an average rate of 8%.

China is powerful, but is still experiencing poverty.

In 2001 China enter the World Trade Organization, since then they became a great economic power.

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Agriculture and Industry play an important role in China’s economy.

Together they make up 70% of the labor force and produce 60% of GDP.

Agriculture employs about ½ of China’s population.

China’s main Agricultural products include: rice, wheat, tobacco, tea, cotton, barley, pork, fish.

China’s main industries include: ore processing, iron, steel, petroleum, footwear, toys, food processing.

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Labor productivity has grown: 17%

Telecommunication has grown: 20%

Two largest Mobile companies: 1. China Mobile 2. China Unicom

China continues to develop its telecommunications infrastructure, and is partnering with foreign providers to

expand its global reach

Verizon Business to build the first next-generation fiber optic submarine cable system directly linking the US

mainland and China

Chinas telecommunication grew 20% between 1997 and 2002

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History People’s Republic of China

Administrative Divisions: 23 provinces 5 autonomous regions 4 municipalities

Government Branches: Executive Branch:

chief of state President Vice President

head of government Executive Vice Premier Vice Premiers

Legislative Branch: National People's Congress.

Judicial Branch: Supreme People's Court Local People's Court Special People's Courts.

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The Chinese market is a highly preferred market.

The worlds attraction to the China’s market is technology, services, and demand for products.

One of the main issues corporations have when involved with China is cultural differences.

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Summer Olympic Games 2008

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(Thank You!)