Due diligence in marketing research is a critical step before entering into China business
China is now the driving force of the world economy in terms of her rapid economy growth over the past two decade, partly because of the PRC Central Government's careful and more mature manner in the macro-economic management, but most important of all is the investment policies are getting more open and in favor of overseas investors, particularly whose who can bring mature management skills, technology and capital.
Most investors said they are now in one way or another getting familiar with the general policies and business environment relating to investment in China. The investment mechanisms in China seems to be more open and easily accessible. However, managing a venture in China there are still lots of gray areas and restrictions in practical launching. In particular, where connections and personal relationships among business entities, public institutions and key persons are still the prevalent practices in China, without relevant knowledge and affiliations in the network will pose unexpected operational problems to investors.
For example, many investors believe that by re-allocating their operations to China can maximum their profit by making full use of low land, labor and operational cost there. However, this may not be the whole story. Actually from some very recent and reliable international research activities towards multinational operators in China, in some cases like construction machinery industry, the costs of manufacturing in China is, in fact, higher than in their home country (see Komatsu's case in Financial Times, by Peter Marsh, June 30, 2004 ).This is a situation no investor wants to see. Therefore, to have a consultant familiar with China business environment and practices, with smooth arrangement to help clients to implement pre-launch business research, public relation campaign, re-structuring the strategies and minimize the risks is a key determining factor for any smart investor.
One of the core specialties of Formalwin Management Consulants Ltd. is the ability to providing practical advices and assistance to local and overseas investors for their smooth transition into China market. We are having a pool of very experienced consultants in China with years of assisting foreign investors in small to large-scale projects and well connected with local communities and government bureaus. Combining with our dedicated consultants and supporting staff in Hong Kong with ample exposure in dealing with various corporate clients and industries, we are here to ensure our clients having the best service and achieve optimum ROA by leveraging on our strengths in China business.
For enquiry and details of service, please contact our China business consultant in Hong Kong.
Mr.Stephen Kwok, Consultant-China business
Tel: (852) 2572 0933
Fax: (852) 2572 9725
Moblie: (852) 9788 9931
Email:stephen@formalwin.com
URL: http://www.formalwin.com
Address:
Rm 905, New East Ocean Center
9 Science Museum Road
Tsimshatsui East Kowloon,
Hong Kong
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