In this issue of China Briefing Magazine:
- China’s Rising Manufacturing Costs: Challenges and Opportunities
- China’s Domestic Consumer Market in 2020
- Industry Focus: Importing Wine into China
- China’s Logistics Landscape
The newest issue of China Briefing Magazine, titled “Adapting Your China WFOE to Service China’s Consumers,” is out now and available as a complimentary download in the Asia Briefing Bookstore now through the month of August.
In recent years, China’s economy has been rapidly evolving and redefining itself, transitioning from the “world’s factory” into one of the world’s largest consumer markets. This is bringing a multitude of opportunities, but also challenges to businesses, especially foreign investors in China. Businesses need to adapt their strategies in China and beyond in order to succeed and better capture opportunities in this market.
In this issue of China Briefing, we look at the challenges posed to manufacturers amidst China’s rising labor costs and stricter environmental regulations. With costs of manufacturing rising in China and the China-ASEAN FTA now in place, many foreign investors are relocating their factories in China to other countries.
Meanwhile, China is striving to move up the value chain in manufacturing, as well as encourage domestic consumption in order to transform and rebalance its economy. Manufacturing WFOEs in China should adapt by expanding their business scope to include distribution and determine suitable supply chain solutions. This will allow them to import goods manufactured elsewhere into China and sell to its market.
In this regard, we will take a look at the opportunities in China’s domestic consumer market and forecast the sectors that are set to boom in the coming years. We also introduce the regulatory framework for setting up a wine import business in China, and provide a brief overview of China’s logistics landscape.
Adapting Your China WFOE to Service China’s Consumers is out now and immediately available as a complimentary PDF download in the Asia Briefing Bookstore for a limited time only.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email email@example.com or visit www.dezshira.com.
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Using China WFOEs in the Service and Manufacturing Industries
In this issue of China Briefing Magazine, we provide a detailed overview of the WFOE establishment procedures as well as outline the typical costs associated with running these entities in China. We hope that this information will give foreign investors contemplating entry into the Chinese market a better understanding of the time and costs involved.
Strategies for Repatriating Profits from China
In this issue of China Briefing, we guide you through the different channels for repatriating profits, including via intercompany expenses (i.e., charging service fees and royalties to the Chinese subsidiary) and loans. We also cover the requirements and procedures for repatriating dividends, as well as how to take advantage of lowered tax rates under double tax avoidance treaties.
Industry Specific Licenses and Certifications in China
In this issue of China Briefing, we provide an overview of the licensing schemes for industrial products; food production, distribution and catering services; and advertising. We also introduce two important types of certification in China: the CCC and the China Energy Label (CEL). This issue will provide you with an understanding of the requirements for selling your products or services in China.
Guide to the Shanghai Free Trade Zone
In this issue of China Briefing, we introduce the simplified company establishment procedure unique to the zone and the loosening of capital requirements to be applied nation wide this March. Further, we cover the requirements for setting up a business in the medical, e-commerce, value-added telecommunications, shipping, and banking & finance industries in the zone. We hope this will help you better gauge opportunities in the zone for your particular business.
How Much Does it Cost to Set Up a WFOE in China?
China FICE vs. Manufacturing WFOE