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International Managers don’t underperform in China intentionally. Leck of understanding of culture, way of working that create problems. China Top achievements in industrial development. China has made remarkable achievements in industrial development. This is due not only to market-oriented reforms and an open market in China, but also to the correct industrial strategy and changing…
First of all, what is the overview? How big is the chemical market in China? China unsurprisingly dominated the chemical sales in 2021-2022 €1,547 billion. European Union (Germany and France are the two largest producers in the EU) was in the second position with €499 billion and sold 34% of it outside of the EU…
How to sell to Integrated Circuit factories in China What does the Chinese Integrated Circuit market look like? It’s huge! In 2022, the sales revenue of integrated circuits is likely to reach an astonishing 1,200 billion RMB of sales revenues in China. In 2018 China held more the 54% of the market, followed by Taiwan,…
Don’t count on your lucky star. If you want to start to get some serious clients in China you have to think about getting a digital strategy. China is the factory of the world, and the factory is now buying lot of machines to modernize their production, from human to fully automated production. Read more…
It is pretty obvious for most B2B companies doing business in China for a long time that you have to adapt or your fate will be called failure. Many have struggled and had to make constant changes before reaching success. All made errors, the successful ones learned from them and prospered, and the stubborn ones…
Every business in China, whether foreign or domestic, should have an official presence on WeChat. Indeed, what was at the time only an instant messaging application has now become one of the most popular platforms for building brand awareness and generating leads. However, there are a few things to consider when using WeChat as part…
Following China’s economic development, many buildings and skyscrapers have emerged over the last decades and the country is leading the APAC region when it comes to the elevators & lifts market. The Chinese population has benefited from increasing wages as well as more purchasing power than before and is also growing older with 20.7% of…
China is the world’s second-largest economy and the service industry is becoming a major employer, contributing more than 60 percent to increased tax revenue and leading the country’s GDP growth. Last year, China’s tertiary sector companies, saw stronger profit growth in the first three-quarters thanks to rising demand for services and steady rising prices (…
China’s Semiconductor Industry: 60% of the global semiconductor consumption. It is a huge market in China. SILICON | Would china be able to make chips? sourceAt the danger of sounding excessively negative, let us talk about China’s semiconductor fab/foundry circumstance. Fabs are one of the central reasons, it is challenging to envision China getting autonomous…
Climate control system Market in China. Up to this point, Chinese individuals purchased modest fans in the late spring. After the start of the 21st century, a developing number of Chinese individuals could manage the cost of climate control systems to keep rooms fresh and agreeable. Lately, the universal climate control system marks bit by…
China is changing so fast, and the factory of the world is becoming more and more advanced. For those familiar with China’s last 15-20 manufacturing years, the change that is happening does not surprise them. This change occurs on several levels, and in some cases occurs at breakneck speed. Indeed, when the Chinese government wants…
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