1. {
Case presentation
China-legal growing pains in a land of opportunity.
Prepared by:
MD SHAFIQULAZAM
Major in Marketing
Department of Business Administration
International Islamic University Chittagong
2. Synopsis About china
Business condition (pre-post)
Opportunity of doing business
List of export & import
China: Export & Import Destinations
companies been flocking to china?
China’s Shares of Total World Trade
Bangladesh and china
Problems of china
Challenges
3. About china
Population: 1.3 billion
Life expectancy: Women (73) Men (70)
Birth rate: 14.5 per 1,000
Death rate: 7.0 per 1,000
Adult literacy: 91%
GDP: $1.27 bn
Growth in real GDP 1992-2002: 9.3%
GDP per capita: $980
Origins of GDP (%):
Agriculture (15), industry (51), services
(34).
Manufacturing (18)
Employment(%):
Agriculture (50), industry (23), services
(27)
4. Collective
22%
State-owned
78%
Industrial Production by Ownership
Pre Business condition & Industrial Production by Ownership.
Under the direct control of the communist party from 1949 to 1979. Adhering to the
notion that Contact with foreigners would corrupt. the nation’s political structure and
pollute its cultural life. The government prohibited foreign investment and restricted
foreign trade.
5. Chinese economic police has been characterized by step –by-step liberalization
and gradual entry the foreign trade and investment.
reduce monopoly business system
Economic shaped by free market principle
Higher growth of GDP (8%)
China is now the world’s second largest economy and it s has joined the united
states as one of the two locomotive powering the global economy
Business Condition after Liberalization
24%
14%
6%
56%
Industrial Production by Ownership
State-owned
Collective
Individual
Other Types
6. List of exports and Imports
Apparel & clothing
Office equipment
Telecom equip
Electrical Mach
Footwear
Other
Electrical Mach
Petroleum prod
Office equip
Telecom equip
Other Mach
Principal ImportsPrincipal Exports
7. Why have foreign companies been flocking to china?
Market potential
Market performance
Infrastructure
Resource
Strategic positioning
12. Standards/Codes/Licenses
Labor Contract Law
reliability of information
Customs Procedures
Acceleration of urbanization
and industrialization
Corruption
Economic Nationalism Anti-
foreign sentiment
Problems of china for business
13. Maintaining and increasing employment.
Implementing Chinese commitments under the WTO.
Establishing a credible and sustainable social safety net.
Reform of the state-owned enterprises (SOEs).
Reform of the banking and financial systems.
Integrating and unifying the domestic market.
Controlling corruption.
Tasks Ahead for china
14. The need to understand the role of the government
The constancy of change
Regulations and Standards
Authorities
Market conditions
Corruption and rule of law.
Increasing economic nationalism
Managing control and compliance across the board
Need to deal with local competition and price pressure
Pace and depth of localization
The right organizational structure
Corporate Engagement
Challenges for Foreign Businesses in china
15. “There will be no sustainable world without a sustainable China”
Thank you