The first lesson
2023年9月5日 星期二 下午2:58
The characteristic of China business environment: Is contradictions / Some background infor
in China right now
The opportunities of China environment:
1. It is the second largest economy in the world (First East country to achieve this) (First d
2. Let many citizens live above the poverty line
3. Major player in the global trade (The FDI is the highest in the world) (Actively making i
countries as the 「going out strategy」)
4. Second largest unicorn start up in the world --> Many potential industries
5. Technology leader (As government supports it)
6. Largest retail market in the world
7. Largest luxury market (30% luxury is purchasing by Chinese)
8. The largest market of the car and mobile
9. Longest high speed railway system
Some challenges that faced by China:
1. Lack of transparency
2. Cultural difference
3. Corruption
4. Government protection
5. Fast changing consumption pattern
6. Bureaucracy with multiple layers of governments (多層政府的官僚機構) will be divid
each tier has its own responsibility
7. Many firms and big but they are not strong enough, not valuable brand (8 aspect: Tec
environment etc)
8. Dependency on the foreigner, China buy technology, nature resources from the other
end products
9. Environment (Largest carbon emission in the world)
10. Covid 19 (GDP growth rate decrease)
11. The trade war and competition between China and US
The reasons why China is full of opportunities:
1. The government strategy and support 「一帶一路」「走出去」policy and strategies
resources on developing and inversting in technology
rmation and development China also become more important:
--> Political influence (projects: 一帶一路,AIIB {Asian
infraustructure investment bank})
--> Economic achievements
developing country)
Some history background of China
investment in other
--> Cultural revolution (People can't get the college
education) --> so the development is slow at that moment
ded into different tier and
chnology, economic,
countries + selling low
s + Put many
The reasons why China is full of opportunities:
1. The government strategy and support 「一帶一路」「走出去」policy and strategies
resources on developing and inversting in technology
The main key to run a success business in China
-->Need to understand the culture of China
-->Following and Understand the policy in China (**Government is the most important fact
-->Understand that different district is different in China so need to have different strategie
s + Put many
tors)
es