Sell your products to China: An Excellent Business Opportunity
As China has developed over the past three decades, many foreign (particularly American) companies have become wildly popular. This is particularly true of American fast food restaurants like Kentucky Fried Chicken or McDonalds. However, it also includes retail establishments, fashion labels and a whole host of other industries. Foreign products are increasingly popular and will only continue to become more so as Chinese consumers enjoy the fruits of their country’s breakneck economic growth in their paychecks.
Here's what you need to know about this huge business opportunity:
China's business environment and property rights protection
According to the 2019 China business environment survey report,The consumer industry attaches the most importance to China's investment, and technology and other R & D industries are increasingly paying attention to China in their investment plans.New opportunities are opening up as a result of the gradual relaxation of market access and China's push for global strategy.
In addition, foreign companies and relevant people in China believe that in the process of continued opening-up, China has fulfilled its commitment to protect the intellectual property rights of domestic and foreign companies on a non-discriminatory basis, so that legitimate rights and interests can be properly protected.
The 2018 Global Innovation Index report released by the World Intellectual Property Organization shows that China's ranking in intellectual property protection has risen to 17th.
China's import policy
In 2018,with the advancement of the belt and road strategy,Chinese President xi jinping has put forward the policy of further expanding China's imports,and holds CHINA INTERNATIONAL IMPORT EXPO every year.
This is the first time China has raised imports to a national strategic level, and related import policies have been pushed forward in an unprecedented way, which is a rare opportunity for foreign companies who want to enter the Chinese market
China's economic development
As we all know, China is now the second largest economy in the world, and its GDP per capita has exceeded US $ 10,000, although China has a population of more than 1.4 billion.
Chinese immigration bureau established
Also in 2018, the China Immigration Bureau was established, which is conducive to foreigners investing and working in China, and is also a manifestation of China's further opening up and enhancing the foreign investment environment