Doing Business in China

Published June 2016.

China is world’s most populated country, with 1.381 billion people, an income category of Upper middle Income.

The economy slows down to GDP growth of 7%, the lowest in last 25 years. Several factors are converging to slow China's growth, including debt overhang from its credit-fuelled stimulus program, industrial overcapacity, inefficient allocation of capital by state-owned banks, and the slow recovery of China's trading partners. This slow recovery in manufacturing will continue; however, hi-tech, service and environmental protection, etc., will be strengthened in the years to come with preferential policies nationwide.

Anti-corruption campaigns result with impacting changes on the way business is done, with a more cautious approach to business.  

In 2014 China was the world’s top destination for foreign direct investment in some sectors, and broad sectors of the economy remain closed to foreign investors.
The new government of President XI Jinping has signalled a greater willingness to undertake reforms that focus on China's long-term economic health, including giving the market a more decisive role in allocating resources. In 2014, China agreed to begin limiting carbon dioxide emissions by 2030.

The macroeconomic reforms of China are complex, and need professional and skilled advice to strategize and implement. There are many different opinions about the need and ways to reform, but there is no doubt that China will continue to open up to the outside world.

The World Bank has Ranked China as the 90th country in the Ease of Doing Business Report, 2015 (out of 189).

China is still very attractive for foreign companies, with nearly one-third of those companies deriving more than half of their Chinese revenues from locally designed, developed and tailored products and services.  With the growth of China's consumption capacity, the country has been the No. 1 market in auto industry, mobile and mobile netizen, computer games, etc., and will be No. 1 in the film industry.
The United States and China continued to work in 2014 towards narrowing differences and reaching agreement on the text of a high standard Bilateral Investment Treaty (BIT) that would enhance fairness, openness, and transparency in China.

Relationships with international businesses continue. In order to avoid the 'redundancy' risk of the use of static data about various countries, this portal incorporates various live data feeds from:

• The Organisation for Economic Cooperation and Development (OECD)
• The World Bank
• The observatory of Economic Complexity

The intention is to provide access to live information extracted from the regularly refreshed databases maintained by these organisations.