Posts Tagged Business

How does overseas franchising work in China

How does overseas franchising work in China

Over the past two decades western and local franchise brands have expanded rapidly throughout China, encouraged by the country’s large population and strong economic growth. However, in the early 1990s due to the lack of comprehensive franchise laws and regulations, low quality goods and services characterized the […]

China signs the Belt and Road agreement with over 30 countries

China signs the Belt and Road agreement with over 30 countries

The origins of the Belt and Road agreement can be traced back to the Silk Road, established during the Han dynasty and used frequently from 130BCE. The road connected China with the Roman Empire, stretching from Chang’an (now Xi’an) in the east to the Mediterranean in the […]

Attracting Chinese Tourists to Hotels in the West

Attracting Chinese Tourists to Hotels in the West

Chinese tourism is booming! As discussed in our previous blog post, this is due to the loosening of government restrictions and the growth of the Chinese economy. The West has opened up to an expanding middle class looking for nothing short of the best. This article details […]

5 Things You Need To Know About Social Security in China

5 Things You Need To Know About Social Security in China

What is social security? As in many other countries, the social security systems in China functions as a redistribution and safety net for workers who retire, lose their job, become disabled or get pregnant, etc. Social security is held by the government, which requires both employers and […]

O2O: The New Rising Force of China

O2O: The New Rising Force of China

China, the world’s largest consumer market, has become an implicit leader in the global market. Nowadays, according to the National Bureau of Statistics the service industry in China accounted the prominent share for 46.1 % of country’s GDP in 2013, which makes consumers the major driving force […]

Top 5 Hottest Industries in China in 2015

Top 5 Hottest Industries in China in 2015

In this article, we are going to introduce to our readers five hot industries in China that will gain momentum in 2015 and beyond. By presenting a market overview and introducing the recent policies, we would like to call your attention to the areas we believe are […]

What to expect in Chengdu in 2015

What to expect in Chengdu in 2015

As the most developed city in Western China, Chengdu has enjoyed a very fruitful year in 2014. Its economic growth remains fast in spite of China’s overall economic slows down. Chengdu’s GDP growth averages at 8.7% in the first three quarters in 2014 compared to 7.4% of […]

China Law 2015: Compliance, compliance, compliance

China Law 2015: Compliance, compliance, compliance

‘Socialist rule of law with Chinese characteristics’ is a new slogan that was announced during the Fourth Plenum of the 18th Party Congress in October and the Central Committee promised extensive and profound changes by 2020. At the moment Xi Jinping first assumed power at the 18th […]

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