AGN Country Portals

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.

 

 

Use the navigations buttons below to access to more live data:
Inflation, Development indicators, Exports, Trade Balance, and more.

OECD Country Comparison Portal

The window below is a direct feed of regularly updated information from the OECD. It provides data concerning everything from GDP growth, fiscal balance, investment, and unemployment rates to consumption, import volume and export volume. The window allows comparisons between Brazil and other countries of the OECD average for these factors.

Inflation (CPI)

Total, Annual growth rate (%)

World Bank Development Indicators

The window below is a feed from the World Bank website and shows the primary World Bank collection of development indicators, compiled from officially-recognized international sources. It presents the most current and accurate Brazilian and global development data available, and includes national, regional and global estimates. Amongst others it covers critical areas of Agriculture & Rural Development, Climate Change, Economy & Growth, Education, Energy & Mining, Environment, External Debt, Health, Infrastructure and Labor & Social Protection

Exports

This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods exported from China.

Imports

This graph is taken from The Observatory of Economic Complexity (OEC). Products, represented by rectangles, are drawn from the 775 individual product classes found in the Standardized International Trade Code.

This graph shows volumes of goods imported into China.

Trade Balance

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph illustrates the subsequent trade balance of exports and imports to and from China.

Destinations

This graph is taken from The Observatory of Economic Complexity (OEC).

This graph shows the destinations of goods and services by country.

 

Business Opportunities in China:

China - Healthy for healthcare     (November 2015)

Attention all healthcare businesses! China needs your investment to help it triple its healthcare provision by the end of the decade. China needs foreign support to replace or upgrade many of its 25.000 hospitals as of end of March, 2014. 


A current pilot scheme has relaxed investment rules allowing the establishment of wholly foreign-funded hospitals, either by acquisition or new build, in seven of its cities and provinces. Currently a $350bn industry McKinsey predict that China’s healthcare market is set to top $1.3trn by the end of 2020.

find the firm best prepared to serve you

China - Healthy for healthcare

Nov 2015

Attention all healthcare businesses! China needs your investment to help it triple its healthcare provision by the end of the decade. China needs foreign support to replace or upgrade many of its 25.000 hospitals as of end of March, 2014.

A current pilot scheme has relaxed investment rules allowing the establishment of wholly foreign-funded hospitals, either by acquisition or new build, in seven of its cities and provinces. Currently a $350bn industry McKinsey predict that China’s healthcare market is set to top $1.3trn by the end of 2020.

find the firm best prepared to serve you

Tax Publications:

TAX CARDS 2016

Countries Comparison


General Guide to Asia Pacific Countries Tax Facts

 

read full publication
 
TRANSFER PRICING 2016

Countries Comparison


A collection of transfer pricing summaries of countries in the Asia Pacific Region

 

read full publication
 

AGN News:


July 2017

New Management for Asia Pacific Region


AGN's commitment to the Asia Pacific Region strengthened by new management services and communications company.

read full article

 

October 2016

China Regal Receives Honors in 2015-2016


China Regal CPAs has been ranked one of the top 50 CPA firms by the Chinese Institute of Certified Public Accountants, along with other awards.

read full article

 

AGN Firms in the country


China
China Regal Assets Appraisal Co. Ltd
Room 1604, Tower A
Fenglan International Center
No 32 Xizhimen North Street, Haidan Dist
Beijing 100082
Phone: (+86 10) 6655 3366
EMail: contact@chinaregal.com.cn
China Regal Certified Tax Agent Co.Ltd.
Room 1604,Tower A
Fenglan Internaitonal Center
No. 32 Xizhimen North Street, Haidian D.
Beijing 100082
Phone: (+86 10) 6655 3366
EMail: contact@crcpa.cn
China Regal CPAs
Room 1604, Tower A,Fenglan international
Center, No. 32 Xizhimen North Street
Haidian District
Beijing 100082
Phone: (+86 10) 6655 3366
EMail: richard.he@crcpa.cn
China Regal CPAs
Floor 3 Equipment Tower
No. 1418 Construction Street
Chaoyang District
Changchun City
Jilin PRC 130061
Jilin Province
Phone: (+86 0431) 8852 2556
EMail: contact@crcpa.com.cn
China Regal CPAs
Room 413
Xinhuashudian Building
No.18 Nanyingzi Street
Chengde Hebei Province 067000
Phone: (+86 0314) 2259 208
EMail: contact@chinaregal.com.cn
China Regal CPAs
81 Zhongshansilu
Shangqingsi
Yuzhongqu District
ChongQing 400015
Phone: (+86 023) 6360 5312
EMail: contact@chinaregal.com.cn
China Regal CPAs
South No. 2 Room
Floor 7, No. 1 Building
Gaoxin Jishu, Chuangyeyuan
No. 611 Gongyelu
Fujian (Xiamen)
Fujian Province
Phone: (+86 0591) 8767 9119
EMail: contact@chinaregal.com.cn
China Regal CPAs
Room 614-620, Gate G
Guangdongruanjianyuan
No. 11 Caipinlu
Kexuecheng
Guangdong (Guangzhou) PRC 510663
Phone: (+86 020) 3203 1536
EMail: contact@chinaregal.com.cn
China Regal CPAs
Floor 1, Linyeting, No 2688
Ganjiang Street, Honggutan District
Nanchang City
Jiangxi Province 330038
Phone: (+86 891) 6626 188
EMail: contact@crcpa.cn
China Regal CPAs
Room 1305, Unit 1 Building 11
Zhuoyuejuyuan Intersection between
Beijing Road and Lianmeng Road
Kunming Yunnan Province
Yunnan (Kunming) PRC 650224
Phone: (+86 0871) 3522 393
EMail: contact@chinaregal.com.cn
China Regal CPAs
Room 1201, Gate 2, Xibei Building 51
Beian Block, Fenghuang North Street
Xingqing District, Yingchuan City
Ningxia Municipality 750001
Phone: (+86 951) 513 1868
EMail: contact@crcpa.cn
China Regal CPAs
1 Libaisi Street
Shizong District, Jinan City
Shandong Province 250012
Phone: (+86 531) 8612 0688
EMail: contact@chinaregal.com.cn
China Regal CPAs
Room 1202, Unit 1, Building 2,
Jintai Garden , No 54 Shanda North Road
Licheng District, Jinan City
Shandong Province 250199
Phone: (+86 0531) 6231 7269 5118
EMail: contact@crcpa.cn
China Regal CPAs
Floor 3, ShangjianJu, No 1159
West Road Fangongting
Qingzhou City
Shanfdong Province 262550
Phone: (+86 551) 3622 068
EMail: contact@crcpa.cn
China Regal CPAs
Room 1004
Jinhai Building
No 9. Lane 89
Changning District
Shanghai PRC 200052
Phone: (+86 021) 6283 0878
EMail: contact@chinaregal.com.cn
China Regal CPAs
Room 1004, Jinhai Building
No. 9 Lane 89, Anshun Road
Changning District
Shanghai 200052
Phone: (+86 21) 6283 0878
EMail: contact@chinaregal.com.cn
China Regal CPAs
Room 823, Shenzhenjiali Center
Renmin Nanlu
Luohu District
Shenzhen Guangdong 518001
Phone: (+86 0315) 6258 765
EMail:
China Regal CPAs
No. 33, Floor 8, Xiyatu Building
69 Xi'annanlu, Jinniu District
Chengdu
Sichuan province PRC 610072
Phone: (+86 28) 8776 6805
EMail: contact@chinaregal.com.cn
China Regal CPAs
Building 3, Yard 67, Kezi Duwei Road
Kashi City
Xinjiang Manicipality 844000
Phone: (+86 10) 6655 3366
EMail: contact@crcpa.cn
China Regal CPAs
Room 2504, Unit 2, North North Building
Kunlun Block, No 159, Shayibake District
Wulumuqi City
Xinjing Municipality 830000
Phone:
EMail: contact@crcpa.cn
Fiducia Management Consultants
Unit 1907-1910
Central Plaza
No.227 Huangpi North Road
Shanghai 200003
Phone: (86 21) 6327 9118
EMail: tmueller@fiducia-china.com
Shanghai Linfang Certified Tax Agents Co., Ltd
15F Hechuan Building
450 Caoyang Road
Shanghai 200063
Phone: (+86 21) 6095 2899
EMail: grace.zhang@linfang.com