FinChi Kristal Li - Easy Access to China 11.2.2016
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Transcript of FinChi Kristal Li - Easy Access to China 11.2.2016
EASY ACCESS TO CHINAFinChi Innovation CenterFebruary 11. 2016 Beautiful Beijing
FinChi Background• Established by Finnish Ministry of Trade and Industry in 2005• Member of Team Finland operations in China• Cooperation with local authorities• Extension of Finnish innovation environment to China
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10 Yearsover 100Finnish Companies
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FinChi
Network
ServiceSpace
value-‐added interaction
ShanghaiTotal space: 1,900 sqm-‐ Balcony office:22-‐ Corridor office: 8-‐ Flexible workstations-‐ Meeting & Conference room-‐ Casual meeting area-‐ Cafeteria-‐ Original Finnish SAUNA
BeijingTotal space: 170.97 sqm-‐ Office suite with 3 work stations: 2-‐ Flexible workstations: 10-‐ Meeting & Conference room: 1
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FinChi Space
Growth Path with FinChi
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Early Stage•Finnish Startups•New to the China Market
Growth•Finnish Medium-‐size Companies•Experience with the China Market
Maturity•Solid client and partner network with detailed business strategy in China
FinChi Softlanding Service FinChi Value-‐added Service
No Legal entityOffice Setup Test Market
FinChi Full Support
Legal Entity StudyLocal Team BuildupClient & Partner Base
IncorporationIndependent OperationOffice & Team Expansion
FinChi Service
Ø Soft-‐landing Service• FinChi Virtual Client Service• FinChi Office Space• FinChi Wallet Care • FinChi HR Sourcing• FinChi Landing Care
visa, housing, domestic support• FinChi Staff Finder• FinChi Logistics Support
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Ø Value-‐added Service• FinChi Business Credit Report • FinChi Incorporation Solution• FinChi Accounting Service• FinChi Total Care Service• FinChi Event Organization• FinChi Investor Club
FinChi Network
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FinChiCommunity
Local Authorities
Local Companies
Local Services (HR, Accounting,
Legal)Consulate Services
Universities & Institutes
VC
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WHO @ FinChi NOW
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Client@ Wing 401 Client@ Wing 402 Virtual ClientAffle BMH BlastmanAlmaco EKE CosmethicsBeamex FBCS InventureCIMO Finpro LappsetEduCluster IIF SDIEPEC Labkotek TactoTekEtola OrionFastems TekesPremixUretekViskoTeepak
Success Story – SKS Group OyJoin FinChiin 2007
Rep. Office in 2008
Manufacturing in 2010
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• Pre-‐registration solution • Hire local employee• Develop local supplier
network• Sourcing focus
• Expand local team• Finnish Expat. relocation• Feasibility study of legal
entity in China
• China strategy further developed
• Fully functional subsidiary
3 Years in China and Expand to Asia
“SKS group is actively seeking for new business opportunities in China . In this process one needs reliable long-‐term partners. FinChi has proved to be such a partner by providing high quality service and networking.”
Mr. Jussi Räty – Chief Financial Officer, SKS Group Oy
“We at BMH have been using FinChi services for the last three years. We have found them mostuseful particularly in the back-‐office functions support which has allowed us to concentrate onwhat we had come to China to do; which was to get our products out there in the market asquickly and efficiently as possible. Setting up a business in a country like China that is surgingahead but has a very different culture and language, can be challenging for Finnish SMEs.Having access to office infrastructure and professional people who understand both China’sbusiness culture, Finnish business culture and speak the common language of English, gives thesecurity and confidence that is needed when entering a newmarket.”
Minna Vilkuna, Country Manager, BMH Technology China
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Success Story – BMH Technology China
“FinChi is a great place to start and improve your China operations easily. Setting up an officehere is a fast and risk-‐free choice and highly recommended since the local presence is needed ifyou want to do business in China successfully. Orion is very satisfied with this arrangement; ithas been easier to maintain and grow our China activities with FinChiʹ′s kind and professionalassistance.”
Petri Karvinen, Head of Orion China Operations
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Success Story – Orion China Office
FinChi –A Fast, Safe, Trouble-‐free Platform
ØLow cost, low risk possibility to evaluate Chinese markets, find partners and start
business
ØPractical work starts from day one
ØFinChi community has access to all necessary services:
Legal services, marketing services, recruitment, funding advice, R&D partners, etc.
ØLearning from the experiences of other companies at FinChi is often useful
ØDynamic networks
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For EASY ACCESS TO CHINA
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