1 / 26

Janee Pierre-Louis, Commercial Officer US Export Assistance Center, Baltimore Tel: 410/962-4582, Email: Janee.Pierre-Lo

Demystifying China: What Your Business Should Know. Janee Pierre-Louis, Commercial Officer US Export Assistance Center, Baltimore Tel: 410/962-4582, Email: Janee.Pierre-Louis@mail.doc.gov. Overview. ► Market Overview ► Important Considerations ► Commercial Service. Market Overview.

belden
Download Presentation

Janee Pierre-Louis, Commercial Officer US Export Assistance Center, Baltimore Tel: 410/962-4582, Email: Janee.Pierre-Lo

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Demystifying China: What Your Business Should Know JaneePierre-Louis, Commercial Officer US Export Assistance Center, BaltimoreTel: 410/962-4582, Email: Janee.Pierre-Louis@mail.doc.gov

  2. Overview ► Market Overview ► Important Considerations ► Commercial Service

  3. Market Overview

  4. An Economic Powerhouse • GDP: $4.2 trillion (USD) • Historical GDP Growth: 30 years of 10% average annual growth • Economic Size: World’s 3rd largest economy

  5. Weathering the Economic Downturn Bright Spot in Global Economy

  6. Growing Middle Class *middle class is defined as income earnings between USD $6,000-$25,000

  7. Xinhua Emerging Consumer Culture Reuters • Lifestyle Indicators • Mobile Phones: 650 million subscribers • Internet Usage: 300 million users • Private Vehicles: 20 million cars • Outbound Travel: 40 million tourists Xinhua Xinhua

  8. Second Tier Growth Markets • Policy momentum • Surging demand • Rapid growth • Less competition

  9. Second Tier Growth Markets Xi’an(machinery) Dalian(electrical machinery) Tianjin(vehicles) Chongqing(vehicles) Hangzhou(electronic components) Nanjing(medical instruments) Kunming(IC manuf. Equip)

  10. US Exports to China

  11. Composition of US Trade with China Iron & Steel Chemicals Meat, Fish, Crustaceans Paper Pharmaceutical Products Glassware Fertilizer Beverages, Spirits Coffee, Sugars, Confectionery Musical Instruments Carpets , Floor Coverings Apparel, Silk, Yarn Railway Equipment Soaps Clocks, Watches Photographic Goods TOTAL = $71.5 billion

  12. Opportunities • Agrochemicals • Air Traffic Mgmt Equipment • Safety & Security • Automotive Components • Coal Mining Equipment • Construction Equipment • Banking Technology • Credit Card Market • Education & Training • Franchising • Semiconductor Industry • Machinery • Marine Industries • Liquefied Natural Gas • Power Generation • Specialty Software • Telecommunications Market • Water & Wastewater Treatment • Medical Equipment • Consumer Goods Find research on these sectors at: www.export.gov/china

  13. Challenges

  14. US Investment in China The US is the 7th Largest Investor in China

  15. Succeeding in China SOURCE: 2008 Amcham White Paper

  16. Important Considerations

  17. Reality Check: A Country in Transition Luxury Shopping Malls Shanghai Maglev Migrant Workers AFP Peopledaily.com Car Ownership Rural Poverty Pollution Chinadigitaltimes.net Old & New Beijing Olympics Urban Poverty China.cn Chinadaily.com Chinadigitaltimes.net Huffingtonpost.com Thetakeaway.org Affluent Urbanites World’s Factory Pulsating Metropolis Chinadigitaltimes.net Chinadigitaltimes.net Getty Images

  18. Is Your Company China Ready? Take a “China Ready” Assessment Survey : www.export.gov/china

  19. IP Protection: Best Practices • Devise an IP strategy • Register IP • Take steps to prevent infringement • Monitor for possible infringement • Know how to confront infringement Johnsons & Johnsons Bloomberg Microsoft & Symantec Getty Images Louis Vuitton Learn how to protect your IPR: http://www.export.gov/china/archive_ipr_news.asp Xinhua

  20. Practical Tips

  21. CS China

  22. CS China Commercial Service Network 1 Embassy, 4 Consulates 14 American Trading Centers 157 Commercial Service Officers & Trade Specialists

  23. CS China Core Services

  24. SME Success

  25. Resources • China Business Information Center: www.export.gov/china • US Embassy IPR Tool Kit: http://beijing.usembassy-china.org/cn/ipr.html • American Chambers of Commerce in China Beijing: www.amchamchina.org Shanghai: www.amchamshanghai.org Guangzhou: www.amcham-guangzhou.org • US China Business Councilwww.uschina.org

  26. Conclusion “In China, EVERYTHING is possible, nothing is easy…”

More Related