Eu Roundtable Conference Cul260910


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CEO of Camellia Universal, Mr Biao Wang is invited to be a key-note speaker of \'Understanding China\' at the EU Roundtable Conference on 5 October 2010.

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Eu Roundtable Conference Cul260910

  1. 1. China's Emergence: An Awakened Dragon By Biao Wang (MBA) Camellia Universal Limited 5 October 2010 Valletta, Malta
  2. 2. © Camellia Universal Limited 2010 © Camellia Universal Limited 2010 Introduction
  3. 3. Introduction <ul><li>China has overtaken Japan as the second largest economy in the world </li></ul><ul><li>Rapid economic growth, low labour cost, increasing number of wealthy consumers </li></ul><ul><li>China is the biggest recipient of foreign direct investment in the World </li></ul><ul><li>Opportunities: product, technology & service “gaps” that need to be filled </li></ul>© Camellia Universal Limited 2010
  4. 4. © Camellia Universal Limited 2010 General Business Opportunities in China
  5. 5. General Business Opportunities in China <ul><li>China is a vast country with huge opportunities </li></ul><ul><li>There are some difficulties and threats </li></ul><ul><li>The opportunities are much bigger than the dangers </li></ul><ul><li>Currently, involved in low cost manufacturing </li></ul><ul><li>The emerging internal Chinese market is the future </li></ul><ul><li>It is important to avoid competing with the local Chinese market </li></ul>© Camellia Universal Limited 2010
  6. 6. © Camellia Universal Limited 2010 The Recommended Sectors of Future Development
  7. 7. The Recommended Sectors for Future Development <ul><li>Marketing and branding </li></ul><ul><li>Education and training service </li></ul><ul><li>China outsourcing </li></ul><ul><li>The green sector </li></ul><ul><li>The pharmaceutical industry </li></ul><ul><li>Tourism industry </li></ul><ul><li>Property section </li></ul><ul><li>Luxury goods </li></ul><ul><li>Manufacturing and automation </li></ul><ul><li>And others </li></ul>© Camellia Universal Limited 2010
  8. 8. © Camellia Universal Limited 2010 Doing Business in China - Awareness
  9. 9. Doing Business in China - Awareness <ul><li>In order to do business in China successfully, it is vital to observe & understand Chinese business and social culture </li></ul><ul><li>The Chinese do not do business as you do in the West </li></ul><ul><li>Many business deals fail at the outset due to fundamental misunderstandings </li></ul><ul><li>It is important to understand the ethics, values, etiquette and protocol </li></ul>© Camellia Universal Limited 2010
  10. 10. © Camellia Universal Limited 2010 My Thoughts and Business Experience in Malta
  11. 11. My Thoughts and Business Experience in Malta <ul><li>China and Malta have a complementary relationship in terms of economy and trade </li></ul><ul><li>Future recommended cooperation: telecommunication equipment, alternative energy sources and other high technology and environment protection fields </li></ul><ul><li>The scale of trade and investment is small and trade behaviour is irregular </li></ul><ul><li>Some Chinese companies consider the Market in Malta to be very small </li></ul><ul><li>Maltese business people normally purchase Chinese goods through the internet or in other ways, without drafting and signing a formal contract </li></ul><ul><li>Few Maltese business people go to China by themselves on field visits to investigate Chinese companies & product information </li></ul><ul><li>It is recommended to work with China business consultants in order to minimise the risks, frustrations and disappointments </li></ul>© Camellia Universal Limited 2010
  12. 12. © Camellia Universal Limited 2010 Conclusions
  13. 13. Conclusions <ul><li>Considering a strategy for China, but it is essential to learn & understand the Chinese business culture </li></ul><ul><li>The increasing growth of the Chinese economy and consumer power </li></ul><ul><li>China is going to affect most businesses in Europe over the coming years </li></ul><ul><li>China market is something that is very important to all of you </li></ul>© Camellia Universal Limited 2010
  14. 14. © Camellia Universal Limited 2010 Quote
  15. 15.   In Pursuit of Excellence ! “ Excellence can be achieved, if we: Care more than others think is wise, Risk more than others think is safe, Dream more than others think is practical, Expect more than others think is possible.” Deborah Johnson-Ross
  16. 16. <ul><li>Thank you! </li></ul>Thank you! © Camellia Universal Limited 2010