7 july_13 july
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The document discusses key considerations for doing business in China. It notes that China has the world's second largest economy and is a major export market. To succeed in China, it is important to establish personal relationships, produce a strong local team, understand Chinese culture and business etiquette, and take a long-term and patient approach. While China offers a large low-cost workforce, doing business there differs from Japan in areas like population size, labor costs, language, and business practices.
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7 july_13 july
- 1. Doing business in China s1190034 Masayuki Takei
- 2. Outline ● Introduction ● Inmportance of doing in China ● Why is China so important in this market? ● How do you think is the climate for foreign investment in China? ● How does the Chinese market impact the world economy? ● 5 most imprtant things ● Different from doing business in Japan ● The growth of Chinese economy, investment and so on ● Reference
- 3. Introduction ● Chinese economy is the second largest economy in the world. ● China is the largest export markets of USA and Europe.
- 4. Importance of doing in China ● Relationship is important ● If you establish personal relation ship, you are able to ask personal question. ● That is important to do something in foreign countries.
- 5. Importance of doing in China ● Chinese economy is very larger. ● Ground and population are too. ● To produce a strong local team
- 6. Why is China so important in this market? ● Growing speed is fast ● Doing business rank up ● In 2013, that rank is 99 ● In 2014, that rank is 96
- 7. Why is China so important in this market? ● China is low cost manufacturing ● Mass production ● Low labor cost
- 8. Why is China so important in this market? ● Chinese workforce has become matured. ● Their labors have a constant skill.
- 9. How do you think is the climate for foreign investment in China? ● China is a most important developing country in the world. ● This country is developing country, however this country has the history that is gathering attention.
- 10. How do you think is the climate for foreign investment in China? ● The history is not only gathering attention but also current economy is gathering attention. ● Chinese production is not better than Japanes production, but that are useful for
- 11. How does the Chinese market impact the world economy? ● China has a low cost labor. ● So, production is lower than other production that is made by developed country.
- 12. How does the Chinese market impact the world economy? ● Chinese economy is larger than Japanese economy ● That is second largest economy in the world ● Maybe, that is able to have strength of impact the world economy
- 13. 5 most important things ● To mosaic the markets ○ China has 1.3 million people who are various kinds ● Culture and etiquette of business ○ You must understand the chinese culture and etiquette of business. Because if you could not understand that, it is impossible to work with.
- 14. 5 most important things ● To take a market based approach ● To take, patience and money ○ China need to give a sign long term approach ● To build a local strong team
- 15. Different from doing business in Japan ● There are many points that are different from Japan ● About population, China is larger than Japan one ● That efficient to the number of labor.
- 16. Different from doing business in Japan ● Labor’s cost is different from Japan’s one ● There is the foreign bank that is called HSBC ● Foreign investment and trade is growing
- 17. Different from doing business in Japan ● The cost of living is cheaper than Japan ● There are many kind of persons who had been study or have not study. ● Persons who live in China use chinese language.
- 18. Different from doing business in Japan ● Location and population is larger than Japan’ s one ● Chinese have the skill of English is more existed than Japan
- 19. The growth of Chinese economy, investment and so on ● Population of china is 1.3 million who are possible to work. ● China’s labor cost is lower than Japan ● China has been growing rapidly, so GDP is 2nd largest country.
- 20. The growth of Chinese economy, investment and so on ● If you are doign business in China, you must know their culture and etiquette of business in China. ● The way of success your business is joined a good team. Good team is leaded to load of success.
- 21. Reference ● http://edition.cnn. com/2011/10/21/business/china-business- investors-culture/ ● http://www.china.doingbusinessguide.co.uk/ ● http://www.doingbusiness. org/data/exploreeconomies/china/ ● http://www.hsbc.com. cn/1/PA_ES_Content_Mgmt/content/china/c