doing business in china

HURUN REPORT and the CHINA RICH LIST

If you want to know who to do business with in China, you have to know about Hurun Report english version because that's where the successful chinese businessmen hang out.

Hurun Report is a leading luxury publishing and events group, comprising a magazine and active events business targeted at China’s high net worth individuals.

Established in 1999 by Rupert Hoogewerf, the ‘godfather’ of the China Rich List, Hurun Report today is widely recognized as the foremost authority in tracking the rapid changes amongst China’s high net worth individuals. Hurun Report magazine comes out eight times in 2007 and reaches the households of 40,000 proven wealthy Chinese individuals and their advisers. Hurun Report’s flagship product is the China Rich List™, considered the bible of wealth and de-facto Who’s Who of Chinese business. Other key products include the ground-breaking China Philanthropy List™, a benchmark report on the state of charitable donations in China, and the Best of the Best Awards™ , the annual brand and lifestyle preferences of China’s high net worth individuals. The awards are drawn on the results of 1000 one-on-one surveys of this elite segment of society, the largest and most authorative survey of its kind.

Ever since it's been a pleasure to follow the latest trends in chinese luxury, so if you want to or are already doing business in China, Hurun Report is a must read!


Doing Business In China - www.internationalist.com

Doing Business In China

http://www.internationalist.com/business/China.php

This page contains information pertaining to accountants, banks, consultants, financial services, government links, insurance agencies, law firms and real estate information..

Country Basics

o Facts About China
o China In-depth
o US State Department Travel Advisory for China

Business & Economy

o China Business Strategy
o Chinese Business World
o ChinaBig.com Market Information
o Just China
Marketing and industry research reports
o China Survey
o Yahoo! Finance Briefing
o China Financial Information and Solutions
o BBC Country Profile
o Economist China Briefing
o Economist Hong Kong Briefing
o Facts about China
o China In-Depth
o IMF China
o World Bank Beijing
o AccessAsia
Links to research organizations

Consultants

o PricewaterhouseCoopers China
Industry-focused assurance, tax, and advisory services
o China Food and Agricultural Services
Current information and independent analysis on Chinese food and agricultural markets
o Asia Navigate
Provides marketing, outsourcing, and cost sourcing services
o NUCO Sourcing PRC
Advises on market entry, outsourcing, and joint ventures
o BDC Co
Corporate financial management consultants
o Security Solutions Asia
Risk assessments and security audits
o USChina Business Solutions
Outsourcing in China for US manufacturing companies
o Smartal Solutions
Offers management tools, applications and services
o Marketech China
A US/China business consulting group with nearly two decades of experience in the development and implementation of business entry strategies.
o Smart Investment Consultants Ltd.
o Hyades Consulting Beijing Ltd.
International trade marketing and travel consulting.

Government Links

o Ministry of Commerce
o China Council for the Promotion of International Trade
Reports on Chinese economy and foreign trade
o People's Bank of China
o Ministry of Foreign Affairs
o National Bureau of Statistics of China
o Chinese Embassy in Washington D.C.
o Republic of China - Government Information Office

Real Estate

o DTZ Debenham Tie Leung
Real estate professionals with offices in eight major Chinese cities
o Sun Hung Kai Properties
Residential and commercial developers
o Shanghai Realty
House and apartment search for Shanghai
o Sino Group
Property development, infrastructure, and hotels
o Expats in China
Real estate listings, agents, and market analysis for Beijing
o Go Home! Expat Corner
Hong Kong real estate listings
o WorldRealEstate
o International Real Estate Directory for China

China News

o Yahoo! China News
o Google China News
o Sina.com news
o Sinopolis
o China Daily
o People's Daily
o South China Morning Post
o The Standard (Hong Kong)
o Asia Times

In-Country Search Engines

o Excite China
o Search China
o Yahoo! China

Banking

o Bank of China
Personal, corporate, and investment banking
o Hang Seng Bank
Retail banking, corporate banking, and treasury services
o Industrial and Commercial Bank of China
Personal and corporate banking services
o Asia Commercial Bank
Commercial, retail, and private banking services
o Bank of East Asia
Personal and corporate banking and financial services
o Shanghai Commercial Bank
Personal and corporate banking, online stock trading
o China Merchants Bank
o International Commercial Bank of China

Finance

o Hong Kong Stock Exchange
o Shanghai Stock Exchange
o Shenzhen Stock Exchange
o Hong Kong Securities and Futures Commission
o Financial Times Asia-Pacific Equities
o Dao Heng Securities
Market information and trading services
o South China Trade
Online trading, opinions, and info for Hong Kong markets
o SHK Online Securities
Online trading, research, and updates for Hong Kong markets
o Edwin Cheung & Siu
Certified public accountants audit firm
o LehmanBrown
Accounting and financial advisory
o BDO Reanda
Accounting, auditing, asset evaluation

Insurance

o China Ping An Insurance
China's largest private life insurance company
o China Life Insurance (Chinese only)
China's largest state-owned life insurance company
o Asia Insurance
Provider of a wide range of insurance services
o GlobalHealth Asia
Medical insurance for persons traveling and living abroad
o Chubb Insurance
Global provider of property and casualty insurance
o AXA China
Offers life, health, and property insurance
o Hsin Chong Group
Real estate, construction, industrial, and agricultural insurance services
o Sun Hung Kai Properties Insurance
Offers a wide range of insurance services
o Export Credit Insurance Corporation
o China Insurance Regulatory Commission (CIRC)

Law Firms

o Lehman Lee & Xu
o Angela Wang & Co
o Yishi Law Firm
o MMLC Group
o Sidley Austin Brown & Wood
o Jones Day
o O'Melveny & Myers
o Morrison & Foerster
o Clifford Chance Rogers & Wells
o M Grewal & Co.
Solicitors & attorneys at law.
o List of law offices in China
o Beijing X&K Lawfirm

Country Basics

o Facts About China
o China In-depth
o Latest News on China

International Business: International Banks, Law Firms, Consultants, Stock Markets, Real Estate, Import/Export, Business Schools, etc.

That's what The Internationalist's business section is all about.

Exporting to China - Doing Business In China - www.export.gov

Exporting to China - Doing Business In China
http://www.export.gov/china/exporting_to_china/doingbusiness.asp

That's right, exporting to China just got easier!

This is the China Business Information Center (China BIC) piloted by the US government..

China is a region of great opportunity for all types of companies - not just large multinationals. But doing business in China can still be challenging. This page will help open the China market for your company.

Doing Business in China

* Frequently Asked Questions (FAQ) on exporting to China

* Protecting Intellectual Property in China - IPR Toolkit

* Essential China Advice

* Resist Bribery Solicitation

* Survey of Alternative Dispute Resolution Mechanisms

* China Logistics Profile

* Watch a webcast on Risks & Rewards of Doing Business in China

* Worldwide Business Visa Center

Auto parts, watches, sporting goods, shampoo, footwear, designer apparel, medicine and medical devices, leather goods, toys, batteries, and other non-consumer products - the seemingly endless array of counterfeit products that are manufactured and distributed within China, or exported to other countries, continues to grow. China was the number one source of counterfeit products that were seized at the United States border last year. But it's getting better and better each year, so the situation is improving.

Guide to Doing Business in China - www.tdctrade.com

Doing Business In China
http://www.tdctrade.com/chinaguide/

Provided by the Hong Kong Trade Development Council (HKTDC or TDC), this is the premier trade portal for doing business with Hong Kong, Mainland China and the world..

It houses a cyber marketplace for product sourcing and business matching, a pool of market intelligence, comprehensive trade fair information and essential tools for today's business.

More specifically, this China business guide gives you practical information on how to start and run a business in China.
Useful topics include foreign investment policy, import and export administration, tax administration, foreign exchange control, staff recruitment, entry-exit inspection and quarantine system, etc.

This Guide is designed to help you to grasp basic and correct information in venturing into the China market. It includes topics such as foreign investment policy, how to set up foreign-invested enterprises, import and export administration, tax administration, foreign exchange control and staff recruitment.

This guide not only provides beginners with basic guidance on doing business in mainland China, but also serves as a practical handbook to veteran China traders.

1. Procedures for the Establishment of FIEs
1.1 Sino-foreign Equity and Contractual JV Enterprises
1.2 Foreign Enterprises
1.3 Procedures for Establishment of Resident Representative Offices by Foreign Companies
1.4 Approval and Examination Procedures for Establishment of Foreign-invested Commercial Enterprises and Their Shop
1.5 Minimum Registered Capital and Capital Contribution Schedule

2. Import and Export Administration
2.1 Import-Export Flow Chart
2.2 General Trade
2.3 Processing Trade

3. Entry-Exit Inspection and Quarantine System
3.1 Entry-Exit Inspection and Quarantine System
3.2 Entry-Exit Inspection for Different Categories of Commodities
3.3 Appointing Agents to Handle Import and Export Commodity Inspection

4. Tax Administration
4.1 Major Tax Categories for FIEs and Foreigners
4.2 Tax Exemption and Reduction
4.3 Avoidance of Double Taxation between Hong Kong and the Chinese Mainland

5. Foreign Exchange Control
5.1 Control over Foreign Exchange of Foreign-Invested Enterprises
5.2 Repatriation of Profits

6. Enterprise Financial and Accounting Systems
6.1 Enterprise Financial Systems and Standards
6.2 Invoice Management

7. Staff Recruitment
7.1 Ways of Staff Recruitment
7.2 Employment Procedures
7.3 Social Insurance

8. Intellectual Property Rights
8.1 Application for Trademark Registration in China
8.2 Application for Patent in China
8.3 Protection Against Intellectual Property Rights Infringement

Doing Business in China - web.uflib.ufl.edu

Doing Business In China - Business Library - Cases
http://web.uflib.ufl.edu/cm/business/cases/china.htm

A case study illustrating sources of information in the Business Library that are useful for learning how to do business in China..

China has awakened. It is now one of the fastest growing markets in the world and is becoming the world's factory floor.

Recent Articles & Reports:
All Roads Lead to China
China and India's Financial Systems: A Barrier to Growth
Selling in China
Report from China: The New Entrepreneurs
Lesson's from a Global Retailer: An Interview with the President of Carrefour China
The Value of China's Emerging Middle Class
Understanding the Chinese Consumer
China's Five Surprises
Country Briefings: China - Economist.com
The Tiger in Front: Survey: India and China
China Business Information Center
Etc.

Additional Sources:
Guanxi and Graft
Getting Small Businesses Export Ready
Country Commercial Guide: China
Turley's Top Ten Tips on Doing Business in China
* Do your due diligence - twice
* Choose the right partners
* Pay attention to "guanxi"
* Don't be afraid of the short-term
* Be flexible...
* ...but don't be afraid to say "no"
* China is not a single market
* Get professional help...
* ...and hire an interpreter
* Be polite
Chinese Family Businesses
Return of the Natives
Shanghai Sophistication
China's Broadband Market
Negotiating Strategies
Chinese Business Behavior

Please also check the FAQs about Doing Business in China from the USA government:
http://www.export.gov/china/exporting_to_china/faq.asp

Doing Business In China - www.doingbusiness.org

Doing Business In China
http://www.doingbusiness.org/ExploreEconomies/?economyid=42

Explore the chinese economy with this snapshot of China's aggregate ranking on the ease of doing business and on each of the ten topics that comprise the overall ranking. Data is also provided for each country for all the 10 topics covered in the database..

The Doing Business database provides objective measures of business regulations and their enforcement. The Doing Business indicators are comparable across 175 economies. They indicate the regulatory costs of business and can be used to analyze specific regulations that enhance or constrain investment, productivity, and growth.

The World Bank Group brings you an excellent rating information of China, for 2006 here's the summary:

Ease of... 2006 rank
Doing Business 93
Starting a Business 128
Dealing with Licenses 153
Employing Workers 78
Registering Property 21
Getting Credit 101
Protecting Investors 83
Paying Taxes 168
Trading Across Borders 38
Enforcing Contracts 63
Closing a Business 75

Compared to 2005 China is improving its overall rank, for the better!

Please also check the Law Library to be up-to-date on chinese laws regarding business:
http://www.doingbusiness.org/LawLibrary/?economyid=42

FITA's China Business Guide - china.fita.org

FITA's China Business Guide
http://china.fita.org

As China is the most dynamic trading economy in the developing world, FITA now offers a guide to doing business with this vast and complex country..

FITA China Business Guide offers information about China including China manufacturing, living in China, income tax China, agriculture China, China import & doing business in China information.

The Federation of International Trade Associations (FITA), founded in 1984, fosters international trade by strengthening the role of local, regional, and national associations throughout the United States, Mexico and Canada that have an international mission.

FITA affiliates are 450+ independent international associations which fall into six categories:

1. World Trade Clubs (world trade clubs, centers, councils; international trade associations, etc.) Examples: Washington International Trade Association; World Trade Center Miami; World Trade Club of St. Louis; Women in International Trade Chapters.
2. Associations/Chambers of Commerce with regional/Bi-Lateral interests - Examples: the German American Business Association; the British-American Chamber of Commerce; the U.S.-Russia Business Council.
3. Associations Focused on International Logistics - Examples: National Customs Brokers & Freight Forwarders Association; Women in Transportation; Containerization & Intermodal Institute.
4. Associations Supporting International Trade - such as small business development centers/organizations, etc. Examples: Coalition for Employment through Exports; Florida Trade Data Center.
5. Associations Supporting Exporters - Examples: Small Business Exporters Association; National Association of Export Companies; Export Managers Association of California; National Association of Export Companies.
6. Professional Associations - Examples: British Academy of Film & Television Arts Los Angeles; Foundation for International Meetings; International Licensing Industry Merchandisers' Association; American Translators Association

The 400,000 organizations linked to FITA through their membership in a FITA member association represent a broad cross-section of the international trade community: manufacturers, trading companies, contractors, freight forwarders, custom house brokers, airlines, shipping companies, port authorities, banks, insurance brokers and underwriters, associations and a wide range of service providers including telecommunications companies, law firms, and consultants.

Doing Business In China

This page is titled "Doing business in China" because it describes the many ways to do business in China successfully...

=> Doing business in China:

Starting a business in China is not an easy task and as a foreign investor you absolutely need to seek local help to setup a business in China. If you aim to establish a commercial relationship with businesses in China, then the help from local actors is also strongly recommended.

That's the key to your company's success!

Here are a few but powerful resources to help you and your business grow safely in the booming chinese market...

Doing business in China