Businees Growing in China


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Case presentation:>China-legal growing pains in a land of opportunity.

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Businees Growing in China

  1. 1. { Case presentation China-legal growing pains in a land of opportunity. Prepared by: MD SHAFIQULAZAM Major in Marketing Department of Business Administration International Islamic University Chittagong
  2. 2. Synopsis About china Business condition (pre-post) Opportunity of doing business List of export & import China: Export & Import Destinations companies been flocking to china? China’s Shares of Total World Trade Bangladesh and china Problems of china Challenges
  3. 3. About china Population: 1.3 billion Life expectancy: Women (73) Men (70) Birth rate: 14.5 per 1,000 Death rate: 7.0 per 1,000 Adult literacy: 91% GDP: $1.27 bn Growth in real GDP 1992-2002: 9.3% GDP per capita: $980 Origins of GDP (%): Agriculture (15), industry (51), services (34). Manufacturing (18) Employment(%): Agriculture (50), industry (23), services (27)
  4. 4. Collective 22% State-owned 78% Industrial Production by Ownership Pre Business condition & Industrial Production by Ownership. Under the direct control of the communist party from 1949 to 1979. Adhering to the notion that Contact with foreigners would corrupt. the nation’s political structure and pollute its cultural life. The government prohibited foreign investment and restricted foreign trade.
  5. 5. Chinese economic police has been characterized by step –by-step liberalization and gradual entry the foreign trade and investment.  reduce monopoly business system  Economic shaped by free market principle  Higher growth of GDP (8%) China is now the world’s second largest economy and it s has joined the united states as one of the two locomotive powering the global economy Business Condition after Liberalization 24% 14% 6% 56% Industrial Production by Ownership State-owned Collective Individual Other Types
  6. 6. List of exports and Imports Apparel & clothing Office equipment Telecom equip Electrical Mach Footwear Other Electrical Mach Petroleum prod Office equip Telecom equip Other Mach Principal ImportsPrincipal Exports
  7. 7. Why have foreign companies been flocking to china? Market potential Market performance Infrastructure Resource Strategic positioning
  8. 8. China’s Shares of Total World Trade
  9. 9. Exports & Imports from Selected Countries
  10. 10. Bangladesh and china Market potential Market performance Infrastructure Resource Strategic positioning
  11. 11. Legal system Market access Corruption Political factors Strong religions belief Resource Problems of Bangladesh for international business.
  12. 12. Standards/Codes/Licenses Labor Contract Law reliability of information Customs Procedures Acceleration of urbanization and industrialization Corruption Economic Nationalism Anti- foreign sentiment Problems of china for business
  13. 13.  Maintaining and increasing employment.  Implementing Chinese commitments under the WTO.  Establishing a credible and sustainable social safety net.  Reform of the state-owned enterprises (SOEs).  Reform of the banking and financial systems.  Integrating and unifying the domestic market.  Controlling corruption. Tasks Ahead for china
  14. 14.  The need to understand the role of the government  The constancy of change  Regulations and Standards  Authorities  Market conditions  Corruption and rule of law.  Increasing economic nationalism  Managing control and compliance across the board  Need to deal with local competition and price pressure  Pace and depth of localization  The right organizational structure  Corporate Engagement Challenges for Foreign Businesses in china
  15. 15.  “There will be no sustainable world without a sustainable China” Thank you