CountryPeople’s Republic of China

group members : MomalFaryalSonia

Qudsia

Introduction:

China has worked vigorously to win the to win international support for its position.

After identifying its membership in the united nations , most nations switched diplomatic relations from the Republic of China to the People's Republic of China.

Modern foreign policy.

Political analysis:

Political system and major political issues affecting business environment: Human resource Cost increases Intellectual property right enforcement. Transparency Discrimination

Civil society: Civil society of china gained great

international prominence as well as domestic distinction.

Conversion and transfer policies:Governed by Exchange control act 1942 Ministerial regulation

Administered by

Bank of Thailand.

Openness to foreign investment:

China’s sustained high economic growth rate and the expansion of its domestic market help to explain its attractiveness as an FDI destination.

Attracted almost US $ 106 billion in FDI

Corruption: China suffer from widespread corruption Ranked 80th out of 178 countries in terms of corruption.

History of China

The founding of the People's Republic of China on October 1st, 1949

The history of China reaches back over 5,000 years

Capital and Major Cities:

Capital: Beijing, population 11 million.

Major Cities: Shanghai, population 15 million. Shenzhen, population 12 million. Guangzhou, population 7 million. Hong Kong, population 7 million. Dongguan, population 6.5 million. Tianjin, population 5 million.

China’s Geography China is located in Southeast Asia along the

coastline of the Pacific Ocean

China is bordered by 14 countries -- Korea, Vietnam, Laos, Burma, India, Bhutan, Nepal, Pakistan, Afghanistan, Tajikistan, Kyrgyzstan, Kazakhstan, Mongolia, and Russia. Marine-side neighbors include eight countries -- North Korea, Korea, Japan, Philippines, Brunei, Indonesia, Malaysia and Vietnam.

Physical Features The vast land expanses of China include plateaus,

plains, basins, foothills, and mountains. Regional Divisions China is divided into four regions,

that is, the North, South, North west and the Qinghai-Tibetan areas

Traditional Sports & Clothing

Sports Ariel sports Aquatic sports Dragon boat racing Martial ArtsClothing Dragon robe Traditional wedding costumes Official uniform

Religions & Beliefs in China

China has been a multi-religion country since the ancient times.

According to a latest survey, 85% of Chinese people have religious beliefs or had some religious practices and only 15% of them are real atheists

185 million people believe in Buddhism and 33 million have faith in Christianity and believes in the existence of God. Only

12 million people are Taoists

Business Etiquette and Protocol in China

Relationships & Communication Business relationships are built formally after the

Chinese get to know you Gender bias is nonexistent in business The Chinese prefer face-to-face meetings rather

than written or telephonic communicationBusiness Negotiation Only senior members of the negotiating team

will speak Chinese are non-confrontational Chinese negotiations are process oriented

China GDP and income

Worlds 2nd largest GDP with 10,355,35 b $ 1st largest DGP based on PPP 17,632 b $ GDP growth rate is 7.4% In 1990 the average per capita 350 2008 increased by 1000 and Tripped increased by 3000 (imf)

GDP (PPP) GDP(nominal incom) United

States16,163.

216,768.

117,416

.3

China 8,386.7 9,469.110,355

.4

Japan 5,937.9 4,898.54,769.

8

Germany

3,427.9 3,636.03,820.

5

France 2,688.2 2,807.32,902.

3

United Kingdom

2,470.6 2,523.22,847.

6

Brazil 2,247.7 2,246.02,244.

1

Italy 2,014.4 2,072.02,129.

3

China14,774.

416,149.

117,632.

0

United States

16,163.2

16,768.1

17,416.3

India 6,357.5 6,776.0 7,277.3

Japan 4,530.3 4,667.6 4,788.0

Germany

3,442.8 3,512.8 3,621.4

Russia 3,396.2 3,491.6 3,558.6

Brazil 2,896.5 3,012.9 3,072.6

France 2,490.2 2,534.5 2,586.5

Indonesia

2,225.2 2,389.0 2,554.3

Transportation 1876 railway 1929 high way 2012 aviation Total length of highway 26,33,060 miles 2013 passengers transported by rail 2 billion Transportation industry expended both quality, scale, contributing in advancement of society and national economyChinas modern transpiration include1. Civil aviation2. Railway3. Water transportation4. Metro5. Expresses6. Light railway7. Electrified railway

Principal industries

Industrial growth 80s out put increased 25 times then 1952

1. Power industry2. Manufacturing and auto

mobile3. Energy industry4. Steel industry

Natural resources 66%global wolfram

resources 500%gobal rare earth

resources1. Forest cultivated land2. Land resources3. Grass land4. Mineral resources5. Oil and gas resources6. Water and mineral

resources7. Marine resources

China FDI

2014 Oct 958.80 t $ 2014 sep 873.60 t$ Average (97-14) 385.52 t$Highest dec 13 117.86t$Lowest Jan 2000 18.32 t $

China Free Trade agreement

With ASEAN Australia, new Zealand ,India 2002 Bangkok agreementShanghai free trade zone Annouced by Li keqiang in June

Import export fair

it started in 19573 phases1. Chemical, buldind maetrial, hard ware, machinary,spare

part, electronic equipments2. consumer goods, home decore3. Textlie,garments,shoes,office supplices,madicence and

food

Market analysis.

Market research.

China’s exports reached US$760 billion in 2005,making it the fourth largest exporter globally with high-technology products.

FOREIGN INVESTMENT IN CHINA:

:

Foreign companies have invested a staggering US$621 billion in China with US$60 billion in 2005 alone, making China the third largest recipient of foreign direct investment (FDI) in the world.

By comparison, China’s outward direct investment (ODI) and cross-border M&A is tiny by global standards

China investment abroad:

PRODUCT MANAGEMENT:To compete globally, Chinese companies need to improve their product development capabilities, product designs and ability to collaborate with business partners.

China channels of distribution:Television is by far the most popular medium for information and entertainment among Chinese consumers

MEDIACHINA Use consists primarily of television, newspapers, radio, and magazines. Since 2000, the Internet has also emerged as an important communications media .

Price

China Given the price sensitivity of typical online shoppers, pricing is used by express companies to gain an edge on their competition.

Conclusion

China’s economic relations crucially depend on bilateral trade with the other nation of the world. It has undergone substantial changes since it has joined the World Trade Organization in the year 2001

Chinese foreign policy is now also engaged in issues of global concern