Updated on September 22, 2018
With more than 1.3 billion of people, “China” is world’s 4th biggest country and world’s leading economy. Developing profitable and effective operations in China undoubtedly is one greatest opportunity for the companies today. From 1978, the time China opened the doors to outside world, they have enjoyed huge annual economic growth. Now, it is the second biggest economy of the world and world’s single largest recipient of the foreign direct investments in developing countries.
China is the dynamic market and the international buyers and investors will find an enormous range of the quality products at competitive rates. China is the major producer of apparel, footwear and textiles; metals and chemicals; raw materials, handicrafts and toys; and foodstuffs, among many more.
Besides an obvious potential of selling the consumer items, China has the requirement for various industrial and agricultural raw materials, capital goods, high tech components, and services. Because of fast development of Chinese economy, it gives sellers a lot of opportunity to place their goods in the fast growing economy. Lots of top brand names across the world now can be found in local high street in Chinese cities.
Huge Work Force
For the manufacturers, China company registration also has an ability to provide the skilled work force as well as in certain areas; Special Economic Zones give special incentives for the specific production sectors. Annual return Hong Kong will help the clients in complete registration procedure process of the business entities and include many other services.