International Business:Education sectorPESTLE analysis of CHINA

Presented byS_uhail ManjardekarA_teet RaoS_hardul ThakkerA_mar ItagiK_unal SharmaI_kram Vora

Introduction Capital:- Beijing Largest City - ShanghaiWorld's second-largest country by land area, and the third- or fourth-largest in total area.Area: Land - 9,596,961km Water - 3,705,407sq.miPopulation:(over 1.3billion)Currency: 1 chine's Yuan = INR/CNY = 9.90721 1 CNY =9.9072INRGDP (PPP): 2014estimate-Total$14.625 trillion Per capita$10,695GDP (nominal): 2014estimate-Total$10.028 trillion Per capita$7,333

Well known for...Technical advancement scope for e-learning The Great Wall Of ChinaLargest populationPandasJackie Chen and Bruce Lee can be used to promote brand

Political factorsCommunist party but transforming into democratic . Single Party socialist state President - Xi Jingping Premier - Li Keqiang Congress Chairman - Zhang Dejiang Conference Chairman - Yu ZhengshengOnly one party ruling therefore stability in country attracting foreign investments Govt provides incentives and securities to new business.Complex law for new investors-but stable for long run Economical factors GDP:- $11.316 trillion GDP growth:- 9.5%Per capita:- $8,394Unemployment Rate:- 6.1% Inflation rate:- 3.2% Exports: $1.581 trillion Imports: $1.327 trillionRevenues:$ 972.3 billionExpenditures:$ 1.137 trillion (2009)

Continued...Population below poverty line 10%Tax rate for foreign investments 30% national & 3% local rate for production business and 20% for others(interest, rent, license, utilization) Current account balance : $296.2billion (2009) worlds largestReserves of foreign exchange :$2.206 trillion (2009)Labor force: 815.3 million (2010); agriculture 10.2%, industry 46.9%, services 43% (2010 est.).Labor costs are low, prices of commodity low n stable 2013 china world 2nd largest economy after US

Social factors51.27 percent male & 48.73 percent female of the total population.Literacy rate:- 92.8%Religions:Buddhism(50%), Taoism(30%), and Chinese folk religions & others(Muslim 1.5-2%,Christian 3-4%)The average income in east china is 2.26 times then west of china-scope in east Chinese prefer first mover.

Environmental factorsOver reliance on coal which produces acid rain.Water shortageClimate vary from region to regionNatural disasters (floods, earthquakes)Clean energy, low carbon technology

Technological factors Internet users:-500 million (2011)Airports :- 482(2009)Railway worlds third largest systemRoadway 3583,715km(2007) world second largestChina Telecom alone serves 55 million broadband subscribersTianhe-1A worlds fastest supercomputerIn 2011, China unveiled a prototype trainTechnology is becoming cheaperTelephone system is on worlds number one

Technological developments Telephones - main lines in use: 294.383 millioncountry comparison to the world:1Telephones - mobile cellular: 859 millioncountry comparison to the world:1Internet Users: 450 million hostcountry comparison to the world:1Computer & Electronics:China now has the worlds fastest supercomputer, after taking the title from the U.S. in 2012. Chinas Tianhe-1A has with 262 terabytes of memory and is housed in 140 refrigerator-sized cabinets. China is the worlds leading electronics exporter, which exported US$933.4 billion worth of mechanical and electrical products in 2011.Research and development investments in scientific research, spending over US$100 billion on scientific research and development in 2011 alone.Science and technology are seen as vital for achieving economic and political goals, and are held as a source of national pride to a degree sometimes described as "techno-nationalismChina currently has thelargest number of active cellphonesof any country in the world, with over 1 billion users by February 2012.It also has the world's largest number ofinternetand broad band userwith over 591 million internet users as of 2013, equivalent to around 44% of its population.A 2013 report found that the national average internet connection speed is 3.14 MB/s.As of July 2013, China accounts for 24% of the world's internet-connected devices.

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