Learn everything you need to know about the Chinese business culture. From handling your first introduction with a Chinese business partner to dealing with local eating and drinking customs. This article will provide you with the must-knows and offers a peek into what it’s like to do business in China. Cultural differences and consumer trust…
China’s Medical Device Market shows tremendous business opportunities for foreign medical device companies, as the rapid growth of China’s healthcare sector is forecasted to reach $11.4 billion by 2015 (UBM Canon research). Overall healthcare spendings (including medical devices) are expected to rise to 7% of GDP (McKinsey & Co) with the objective to reach universal healthcare for all Chinese…
Guanxi, guanxi, guanxi. Anyone who has read about China’s business culture has inevitably come in contact with the concept of guanxi. Chinese have it, consultants in China can’t stop talking about it, and others are trying to figure out how to attain it. But, what is guanxi and who really uses it? Guanxi: a close-knit…
With the idea of attracting more foreign multinational companies (MNCs) to Shanghai, the local Municipal Finance Bureau and Municipal Commission of Commerce jointly developed a management fund to support MNCs wanting to setup their regional headquarters in the city. The new initiative aims to attract more foreign organizations to the region and encourage existing shanghai-based…
‘Good enough’ is no longer good enough for Chinese consumers. Present day consumers expect a good product for a fair price and foreign companies in China are losing the battle. Shipping goods from abroad to China is costly, requires long lead-times and is hindering a company’s competitiveness in the local market. Producing and selling locally…
A new study by booz&co. revealed China is now competing with Silicon Valley on innovativeness. Although China is still portrayed in the media as a country that prefers reverse engineering and blunt copy-and-paste practices over R&D, research has shown that trend is disappearing rapidly. In this article we will discuss booz&co’s sneak-peak of their newest…
China is revolutionizing its logistics network through a new conglomerate setup by the Alibaba Group, China’s largest e-commerce group. The goal of the new logistics network is to change up China’s current logistics system and to be able to deliver parcels within 24hours to any location in China. Not only is the move expected to…
Selling in China is not that different from selling elsewhere. But there are several key differences you need to keep in mind. That’s why we’ve compiled a list with five tips to sell in the Chinese industrial water sector. Don’t Michael Jordan it: First and foremost – adequately protect your IP rights. Also, check for…
Read MoreNow that we’ve provided you with insights on China’s water pollution issues, the key developments in the Chinese water sector and how they will influence the industrial water market, you can find out how you – as a foreign technology provider – can find a market within this $220 billion water sector. We’ve identified four…
Read MoreAlthough agriculture is the largest source of water pollution in China, industrials are to blame for the most damaging pollution. At the time of writing there are more than 450 ‘cancer villages’ in China, where cancer mortality rates are at least twice as high as the national average. The rise of cancer villages has been…
Read More
Nederlands
English