1. Doing Business in China Main Aspects

2. Introduction

Nowadays many companies are doing business in China.

And doing business in another country demands a lot of requirements and investments.

3. Introduction

Chinas labor market very much appeals to many foreign investors.

4. Doing Business in China Advantages

Labor cost is low.

Chinas workforce has become matured and their skills have been constantly upgraded (coastal cities).

Educational development is undergoing at a tremendous pace in China.

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.

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.

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.

8. GuangxiMain 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.

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 Chinas culture.

10.

Lico Reis Consultoria & Lnguas

Prof. Lico Reis

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