This document provides information about getting a job in China. It discusses the basic requirements, including having proficient English, professional skills in one's field of work, and some Chinese language ability. It also outlines the visa and tax processes for foreigners working in China. Common types of companies that hire foreigners are multinational firms and growing small-to-medium enterprises. Popular career areas include marketing, finance, IT, and legal services. The document also notes important aspects of living and working in China as a foreigner.
The document discusses the major human resource challenges faced by European small and medium enterprises doing business in China. It covers challenges in areas such as understanding Chinese business culture, recruiting and retaining qualified employees, managing Chinese workers, and navigating China's legal system for hiring and employment practices. High turnover rates among Chinese employees and a shortage of qualified talent are also addressed as significant issues for European companies operating in China.
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What are the facts? What are the patterns of Chinese investment across Europe and, particularly, in The Netherlands? We draw on my research--archival, interview based--at the China Business Centre Rotterdam School of Management to present a more realistic picture of Chinese FDI in the Netherlands. The evidence suggests that the scale of Chinese FDI in the Netherlands is small and, principally, driving by asset-seeking motives.
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2. For informality of labor, it recommends allocating better economic opportunities for informal laborers through microfinancing, cooperatives, and extending social security programs. For labor migration, it suggests creating a balance between economic opportunities and migration costs, and establishing less restrictive immigration policies.
3. The document also analyzes factors influencing labor migration based on several migration models and theories. It notes that many skilled Filipino workers migrate for higher paying jobs abroad due to lack of attractive domestic opportunities.
The document discusses the major human resource challenges faced by European small and medium enterprises doing business in China. It covers challenges in areas such as understanding Chinese business culture, recruiting and retaining qualified employees, managing Chinese workers, and navigating China's legal system for hiring and employment practices. High turnover rates among Chinese employees and a shortage of qualified talent are also addressed as significant issues for European companies operating in China.
China Economic Miracle Or Myth Bill Hicks April, 2010billhicks
I recently returned from a trip to Asia with my Emory Goizueta Business School MBA class and have posted a paper that provides insights into China\’s current economic boom. Please feel free to offer an comments on your China trips, experiences and insights. Enjoy!
As one of the world’s largest economies, China holds the promise of huge market potential and revenue opportunities for businesses worldwide. However, detailed planning is
critical for success in China.
This article compares the opportunities and constraints of the Chinese and Indian capital markets. While the Indian market is more open to foreign portfolio investments, there are governance and reliability risks as well as substantial volatility. In the Chinese case, much of the market is closed to foreign portfolio investors. While exposure to these markets offers important opportunities for diversification, both also have drawbacks which must be clearly understood for their risks to be effectively managed.
China has the second largest economy globally and is projected to surpass the US by 2020. It has experienced strong and consistent GDP growth for decades, averaging around 7-9% annually, though growth has slowed recently. China has a one-party communist government and is transitioning its economy from manufacturing and exports to more domestic consumption and innovation. It faces challenges from a slowing housing market and global economic uncertainties.
Chinese investment in the Netherlands: Patterns and DriversOna Akemu
There is an explosion of interest in Chinese foreign direct investment around Europe. Chinese investors, backed implicitly or explicitly by the Chinese state, are portrayed in simplistic terms in the media: they are in Europe to "steal" European assets, or they are here in the service of their government.
What are the facts? What are the patterns of Chinese investment across Europe and, particularly, in The Netherlands? We draw on my research--archival, interview based--at the China Business Centre Rotterdam School of Management to present a more realistic picture of Chinese FDI in the Netherlands. The evidence suggests that the scale of Chinese FDI in the Netherlands is small and, principally, driving by asset-seeking motives.
The document discusses the history of black money in India, from ancient times when money was transparently earned and used, to the present day where black money has become a major issue. It traces how over time, during different administrations, corruption and use of black money grew substantially. The right-wing Jana Sangh party highlighted the issue of black money since its inception in the 1950s, advocating for measures like demonetization to curb it.
1. The document discusses perspectives on labor economics for development in developing countries and provides policy recommendations to address issues like informality of labor, labor migration, gender disparity, and low labor productivity.
2. For informality of labor, it recommends allocating better economic opportunities for informal laborers through microfinancing, cooperatives, and extending social security programs. For labor migration, it suggests creating a balance between economic opportunities and migration costs, and establishing less restrictive immigration policies.
3. The document also analyzes factors influencing labor migration based on several migration models and theories. It notes that many skilled Filipino workers migrate for higher paying jobs abroad due to lack of attractive domestic opportunities.
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Dr. Philip Hadcroft challenges conventional views of China as merely a low-cost outsourcing destination. He argues that China will become the largest buyer of outsourced services in the world as the government aggressively grows the domestic services industry to transform China's economy. Within five years, Chinese service providers will be very large in scale and able to offer highly competitive costs due to massive scale. Hadcroft advises viewing China not as a sourcing market but as a massive growth opportunity for both customers and talent in its rapidly expanding services industry. Executives should focus on understanding China's direction and finding Chinese partners and customers, rather than approaching Chinese firms as suppliers.
The report can be used as a first guide if you are interested in business China: "If you are thinking of doing business with China but don't know where to begin."
This presentation has been made by China-Access, a China based consulting company to assist overseas companies to enter China market.
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This document provides an overview of doing business in China, including cultural differences, the importance of guanxi or relationships, China's regulatory landscape, and economic and cultural facts. It presents a case study of Koncept International, a US-China joint venture company, highlighting both challenges like cultural dynamics and benefits like lower costs. Key points are that relationships are critical for success, China's laws are unpredictable and changing, and its major cities like Shenzhen, Beijing, and Shanghai are growing rapidly in population and economic importance.
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Devott Co. is the primary consulting company focused on the offshore service outsourcing industry of China. Also we advise services for overseas suppliers want to expand to China.
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IN THIS SUMMARY
Over the past few years, China has transformed itself into a powerful, consumer-oriented culture, and many Western companies have flocked to China to take advantage of this new marketplace. However, entrepreneurs from the United States and Western countries often fail to realize that transacting business in China is a far cry from making deals at home. Ted Plafker, a Beijing correspondent for The Economist, leverages his extensive experience in Chinese culture and entrepreneurship to offer a primer for newcomers who are planning to expand their business into China. According to his book, Doing Business in China, “As many foreign companies have already proven, success in China is possible, but only for those with the patience, persistence, and resources to see it through.”
SUBSCRIBE TODAY
http://www.bizsum.com/summaries/doing-business-china
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2. Foreign investment in Japan has challenges like navigating different regional cultures and customs, but also opportunities in infrastructure growth and a large domestic market.
3. Setting up operations in Japan can take the form of equity joint ventures, cooperative joint ventures, or limited partnerships with both domestic and foreign shareholders.
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Eirini is an HR professional with strong passion for technology and semiconductors industry in particular. She started her career as a software recruiter in 2012, and developed an interest for business development, talent enablement and innovation which later got her setting up the concept of Software Community Management in ASML, and to Developer Relations today. She holds a bachelor degree in Lifelong Learning and an MBA specialised in Strategic Human Resources Management. She is a world citizen, having grown up in Greece, she studied and kickstarted her career in The Netherlands and can currently be found in Santa Clara, CA.
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This presentation has been made by China-Access, a China based consulting company to assist overseas companies to enter China market.
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This document discusses a model for computer systems research. It presents data showing variability between reviewers and that paper merit follows a Zipf distribution. Using game theory, the author argues that with noisy reviews and Zipf-distributed merit, authors have an incentive to submit papers too early and often, making reviewing conferences and research less efficient. The paper focuses on modeling the systems research community as a peer-to-peer system due to similarities like decentralized control. Progress occurs through cooperation rather than central coordination.
The document provides information about the QianHai Special Economic Zone in Shenzhen, China. It aims to attract innovative service-based companies and promote industries like finance, logistics, manufacturing, IT and more. The zone offers tax breaks as low as 15%, free rent and offices, subsidies, and better internet compared to other parts of China. Both domestic and foreign companies in these targeted industries can benefit from establishing in QianHai. The document then lists official Chinese and English language sources to find more details about policies, companies, and development in the zone.
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Over the past few years, China has transformed itself into a powerful, consumer-oriented culture, and many Western companies have flocked to China to take advantage of this new marketplace. However, entrepreneurs from the United States and Western countries often fail to realize that transacting business in China is a far cry from making deals at home. Ted Plafker, a Beijing correspondent for The Economist, leverages his extensive experience in Chinese culture and entrepreneurship to offer a primer for newcomers who are planning to expand their business into China. According to his book, Doing Business in China, “As many foreign companies have already proven, success in China is possible, but only for those with the patience, persistence, and resources to see it through.”
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http://www.bizsum.com/summaries/doing-business-china
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How to Get a Job in China - Internship Network Asia
1. J a n W o s t y n , I n t e r n a t i o n a l R e l a t i o n s D i r e c t o r
How to get a job in China?
by Internship Network Asia
2. Overview
Part I: Basic information about China
Part II: Getting a job in China: how to get started?
Part III: Requirements
Part IV: Which kind of companies hire foreigners in China?
What kind of jobs?
Part V: Life in China
Q&A
3. Part I : Basic information about China
Population
Economy
Politics
Language
4. Population
The world‟s most populous country at
1,343,239,923 people (2012 est.)
Ethnic groups: Han versus minorities
Han majority (91.5%)
55 official minorities, a.o. Tibetan,
Uygur, Mongolian, …
人山人海 “mountains and seas of
people”
Ever heard of Wuhan, Chongqing or
Chengdu?
Countless cities with more than 5 mio
people in the purely urban areas
5. Economic Miracle
Market-oriented reforms initiated in 1978, start of the
biggest economic transformation in the history of mankind
State maintains a very strong control over the economy
All land is owned by the government
Big state-owned companies in crucial sectors
State favors its home-grown champions
By 2020, the Chinese economy is expected to overtake the
USA as the biggest economy of the world
Level of GDP per capita still less than 1/5th of the USA !
Still 36% of people work in agriculture
6. Economic Challenges
Transformation export-led and investment
driven economy to economy fueled by
domestic demand. Currently 54% of GDP is
investment
Cooling inflation (at 5,4% in 2011) without
causing „hard landing‟
Real Estate bubble?
Corruption
Rising income inequality
Congestion and environmental pressure
7. Politics
Communism? Capitalism? Socialism? Marxism? Pragmatism !
Combination of market economy and socialism with „Chinese
characteristics‟
CCP has monopoly on power since 1949
From Maoist totalitarianism to intra-party „democracy‟
Changing role of the press
The internet and social media
Facebook, Twitter and Youtube are blocked
Fear of „Jasmin revolution‟ after Arab spring
8. Chinese Language
One official standard language = Mandarin Chinese
Several „regionalects‟, mostly in the South: Cantonese,
Shanghainese, Minnan, Xiang, etc…
Mutually unintelligeable
All Chinese use the same script, however
Simplified characters in Mainland China
„Traditional‟ characters in Taiwan, HK and Macao
About 3000 characters needed to read newspapers
汉语 中文 普通话
9. Part II: How to find a job in China
Getting started online
Get personal connections to China
Internships in China
10. Getting started online
Chinese job sites
www.51job.com (我要job) : English interface
www.chinahr.com
www.matchdragon.com
City-based websites aimed at foreigners with classifieds
www.thebeijinger.com
www.cityweekend.com.cn (Beijing, Shanghai, Guangzhou)
Websites of Foreign chambers of commerce
Subscribe to newsletters
Look for job sections
Multinational companies‟ websites
11. Get personal connections to China
Search your LinkedIn network for contacts based in China, 1st or 2nd degree,
and ask for introductions
Do you have any family contacts who have ever done business in China?
Attend networking events related to China in your home country
Local chambers of commerce
China-related organizations
Seminars about China
China job fairs, e.g. SinoJobs in Germany
Headhunter firms may help you get a job in China, but probably not your
first job
Either China experience, outstanding Chinese language skills or very specific
expertise in a certain field will be required
Not the appropriate channel for young job seekers, because firms simply don‟t
pay headhunter fees for entry level jobs
12. Internship in China
Online job search can be challenging and frustrating because you are
like drop in the ocean
Starting with an internship has several advantages:
You get your first professional experience in China, which is crucial to
stand out from all the job seekers applying from abroad
You get a chance to build up a local network with this first professional
identity.
You get to figure out whether you like living in China or not
You can acquire basic Mandarin skills on the side
How to find an internship?
Broad array of agencies with internship programs
Placement only or package service?
Internship tailored to your needs/interests?
Look for the right price-quality ratio
Look out for scams
13. Part III: Requirements
Skill requirements
Visa requirements
Tax requirements
Social security requirements
14. Skill requirements for jobs/internships
Proficient business English
Professional expertise and skills
Bachelor degree is a minimum requirement
Some previous working experience in your field as well
For internships, these requirements usually don‟t exist
Basic Mandarin skills
No need to be an interpreter
Basic knowledge will make you much more productive, especially in personal contacts with
Chinese colleagues or business contacts
For internships, zero Mandarin skills are not an issue
Interpersonal skills
China‟s economic infrastructure is based on „guanxi‟ or „relations‟
Good interpersonal skills are essential to maintain good relations with colleagues, clients,
suppliers, government officials, etc…
This requires flexibility and patience and a willingness to engage in seemingly unproductive
activities such as lengthy dining, Karaoke or other activities which are aimed at
strengthening relations
Intercultural skills
Previous experience abroad will assure potential employers that you have some sensitivity to
intercultural differences
Be aware of the indirect communication style in China
15. Visa requirements
Internships: F-visa
Need invitation letter from the company where you will intern
Proof of accommodation in China
Jobs: Z-visa
Required documents:
Medical examination certificate
2 years of working experience with references
CV in Chinese
Diploma, translated in Chinese by official translation company
Procedure (see http://www.china-embassy.org)
Obtain a temporary Z-visa abroad with a “visa notification letter”, to
be converted into a long-term Z-visa within 30 days in China
Some agencies also provide this service without having to leave China
in case you were in China already (e.g. at the end of an internship)
16. Tax requirements
Income tax (IIT = Individual Income Tax)
First 4800 CNY is exempted (approx. 750 USD)
Monthly withholding system, salary to be filed before 15th of
the following month
Yearly incomes above 120.000 CNY (+/- 19000 USD) also
need to file a yearly Individual Income Tax self-declaration
Income tax calculator:
http://www.sjgrand.cn/individual-income-tax-calculator
An expat residing for 5 years in China, without more than a
1 month interruption will be taxed on worldwide income
Expats therefore take a month sabbatical at least every 5
years…
17. Social Security for foreigners
Internship:
Get your own private medical and liability insurance at any major
insurance company (about 80-100 USD/month, depending on
coverage levels)
Jobs:
New Social Security law in effect since Oct 15th, 2011
Increased burden on companies hiring foreigners, without much
benefit for foreigners
Gross salary of 10.000 CNY/month implies cost of 14410 CNY/month
for your company and only 8664 CNY net for you
You pay for a pension, but are only entitled to get it when you have
worked minimum 15 years in China, which is rather rare
http://www.sjgrand.cn/individual-income-tax-calculator shows
overview of all components of the social security
Unemployment benefits? Still to be seen how this will work !
A very new evolution in China, will undoubtedly still further evolve
18. Part IV: what can you expect?
What do foreigners generally do in China?
What kind of companies hire foreigners in China?
What kind of functional areas?
Different modes of employment
Salary expectations
Life in China
19. Foreigners in China in 2010
About 524.000 foreigners officially living in China in 2010
But also 359 million non-worker arrivals every year !
Mostly employed by foreign-funded enterprises
Rather rare in Chinese state-owned enterprises
Source:
http://english.sina.com/z/20120516fo
reigner/index.shtml
20. What kind of companies hire foreigners?
Foreign/International firms
Multinationals
Foreign employees are usually expats with experience within the firm
and having reached a higher management level
Less active in local hiring of foreigners in China
SMEs
Often fast growing
Quick decision making, less bureaucratic
Very active on the „local foreigner market
Chinese firms
Globalizing Chinese firms , e.g. Lenovo, Hai‟er, Huawei, ZTE
“Local” Chinese firms
Chinese knowledge will be required
Careful: are you not being used as the foreign face? Or is your job
nothing more than an in-company English teacher?
21. In what functional areas are foreigners
hired?
Marketing and Sales
More and more companies, both foreign and Chinese, are
targeting the local expat market, especially in Beijing or
Shanghai
A foreign face with Mandarin skills is also becoming more
common to sell luxury to high end Chinese customers
Finance, accounting, law
With foreign firms massively investing in China, there is a big
need for foreign advice on financial, tax and legal issues
IT
Often smaller, locally founded companies providing various IT
services such as website building, SEO, IT infrastructure set-
up, programming tailor-made company software, etc…
22. What‟s life like in China for foreigners?
Fun
Safe
Beijing/Shanghai versus 2nd tier cities: big difference
“Laowai”
Overwhelming
Language
Food
Congestion
Sometimes lost in translation
24. About Internship Network Asia
Internship Network Asia was founded in 2008, was acquired by Hutong
School in June 2012 and now has the biggest network of partner
companies in Beijing and Shanghai. Together with Hutong School‟s far-
reaching expertise in internship placement in China, we are now one of
the leading providers of high quality internships in China.
Kick-Start Your Career – Intern in Beijing or Shanghai
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