Jul. 1 – The new issue of China Briefing magazine, titled Trading and Establishing Foreign-invested Commercial Enterprises in China, is out now.
While there has been a great deal of discussion about the macroeconomic trends surrounding and microeconomic thinking behind “the Chinese consumer” (and even whether this term is too generalized to use), the one word describing this demographic that all sources seem to agree on is potential.
It doesn’t take a PhD demographer or marketing guru to calculate that world’s largest population + rapidly rising disposable incomes + increasing tastes for foreign products = a rather enticing market for the foreign company. This little calculation is not new – though it is perhaps significantly more true now than several years ago – and it forms the central theme of hoards of business books and news articles.
But more and more foreign businesses are starting to act. A trend we’ve been seeing a lot of on the ground in China is the conversion of representative offices (ROs) to foreign invested commercial enterprises (FICEs). It is this trend that inspired this issue’s theme.
In this issue, we evaluate the suitability of ROs, walk you through the details of FICE (including establishment procedures), discuss franchising in China for foreign companies, and put in a few words about what the Chinese consumer from a macroeconomic perspective.
In This Issue:
- Evaluating the Suitability of ROs
- Establishing a FICE: Laws and Procedures
- Franchising in China: A Flourishing Business Model
- A Macroeconomic Overview of China Consumers
This issue of China Briefing – Trading and Investing in Foreign-invested Commercial Enterprises in China – is available from the Asia Briefing Bookstore, priced at US$10.
Dezan Shira & Associates is a boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in China. For more information on investment opportunities in China, please contact firstname.lastname@example.org, visit www.dezshira.com, or download the firm’s brochure here.
Doing Business in China
Our 156-page definitive guide to the fastest growing economy in the world, providing a thorough and in-depth analysis of China, its history, key demographics and overviews of the major cities, provinces and autonomous regions highlighting business opportunities and infrastructure in place in each region. A comprehensive guide to investing in China is also included with information on FDI trends, business establishment procedures, economic zone information, and labor and tax considerations. Priced at US$40 (PDF)
Setting Up Wholly Foreign Owned Enterprises in China (Third Edition)
This guide provides a practical overview for any business-minded individual to understand the rules, regulations and management issues regarding establishing and running a WFOE in China.