China
China
China officially the People's Republic of China (PRC), is a sovereign state located in East Asia. It is the world's most populous country, with a population of over 1.35 billion.
China is the world's second-largest country by land area.
Since the introduction of economic reforms in 1978, China has become one of the world's fastest-growing major economies. As of 2013, it is the world's second-largest economy by both nominal total GDP and purchasing power parity (PPP), and is also the world's largest exporter and importer of goods. China is a recognized nuclear weapons state and has the world's largest standing army, with the second-largest defense budget. China is a regional power within Asia and has been characterized as a potential superpower by a number of commentators.
Why Business in China?
The intensive investment opportunities are rooted in the economic structure adjustment in China.
· Doing business in China Free Trade Zone means not only get a exempt of tariff -- zero tariff, but also can freely convert Renminbi to any foreign currency both in current account and capital account, and also can determine the interest rates of Renminbi through markets.
· The economy of China is in the course of urbanization, internationalization, industrialization and marketalization. More than half of population in China will give up the rural village life style and embrace the urban life style. It means that at least 700 million Chinese will change its life style and it indicates a large potential business opportunities for a foreign investor.
· China is an expansive country in terms of land size. The country has various difficult areas to navigate, though, with mountains making it difficult for individuals to move from one side of the country to the other. The government is working hard on the development of new roads to improve transportation and to connect this country.
Hong Kong
Hong Kong is a Special Administrative Region of the People's Republic of China situated on China's south coast. Hong Kong is a world city. Hong Kong ranks the third most important leading international financial center, after London and New York City, Hong Kong, the three cities form a global network that facilitates the global economy, has a major capitalist service economy characterised by low taxation and free trade, and the currency, Hong Kong dollar, is the eighth most traded currency in the world.
Why Business in Hong Kong?
- Hong Kong is Asia's Business Capital.
- Hong Kong has the best location and transport links across Asia and internationally.
- All of the region's key markets are within 4 hours flight time, and 50% of the world's population is within 5 hours flight time.
- Hong Kong's proximity to and close and unique relationship with Mainland China has made it the business gateway to China for more than 150 years.
- Hong Kong practices a high degree of autonomy from the Mainland, with executive and legislative powers.
- Free movement of capital, talent, goods and information.
- Clean government, with a laissez-faire approach to business activities.
- English is the language of business in Hong Kong, and many people speak English, Mandarin and Cantonese.
China
