The People's Republic of China

Names: Chris Young, Suman,Jacqueline NgCourse Code: BBB 4M

Teacher Name: Mrs. Hills Due Date: May 27, 2009

Map of China

中國

中国

China

Full name: The People's Republic of China Population: 1,330,044,544 Some Languages spoken in China are:

- Mandarin

- Cantonese

- Shanghainese

Government Type: Communism

GDP- per capital (PPP) (2008): $4869.68 CAD Climate: 4 seasons Two Famous University in China: Shanghai

Jiao Tong University, Peking University

Competitive Advantages of China

Three products that are best known are: Chinese Tea, Chinese Painting and Clothing

Two innovations of China include: Space Suit, Spacecraft

China natural resources: Coal

Competitive advantages of China:

- low labour cost

- large labour forces

Currency

1.00 CNY= 0.160867 CAD

1.00 CAD = 6.21564 CNY

CNY symbol: ¥

Facilities / Infrastructures in China

Airport Airline transportation Communication Utilities HealthFinancial

Working in China

Job Title: Italian Office secretary Location: Beijing, China Salary: 15000-20000 RMB

Office Building Name : Shangdu SOHO Rent: CAD16-26/sqm/month

Three Ways to do Business in China

Licensing

Joint Venture

Wholly owned subsidiary

Dos and Taboos

Dos• Polite Discussion• Shake hands with each other• Wear Business Attire

Taboos• Late• Schedule meeting on holiday• Go to night club

Risks to invest in China

Political Risk: Risk scale 7 Economic/ Financial Risk: Risk

scale 5 Social/ Cultural Risk: Risk scale 7 Technical/ Commercial Risk: Risk

scale 7 Natural/ Physical Risk: Risk scale 9

Members of international trade organization

World Trade Organization

World Bank Group

International Monetary Fund

Asia-Pacific Economic Cooperation (APEC)

Market in China

Age Structure: 0-14 years: 19.8% 15-64 years: 72.1% 65 years and over: 8.1%

Median Age: Total: 34.1 years male: 33.5 years female: 34.7 years

Per capita income of families : RMB 26,100.00 (USD3,480.00)

Literacy level in China : 90.9%

Labour Force: 807.7 million - agriculture: 43% - industry: 25% - services: 32%

Product

Commercial in China

Advantages to invest in China:

low labour cost large labour forces not fully developed market

Conclusion