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CEO of Camellia Universal, Mr Biao Wang is invited to be a key-note speaker of \'Understanding China\' at the EU Roundtable Conference on 5 October 2010.
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China's Emergence: An Awakened Dragon
By Biao Wang (MBA)
Camellia Universal Limited
5 October 2010
Valletta, Malta
© Camellia Universal Limited 2010© Camellia Universal Limited 2010© Camellia Universal Limited 2010© Camellia Universal Limited 2010
Introduction
Introduction China has overtaken Japan as the second
largest economy in the world
Rapid economic growth, low labour cost, increasing number of wealthy consumers
China is the biggest recipient of foreign direct investment in the World
Opportunities: product, technology & service “gaps” that need to be filled
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
General Business Opportunities in China
General Business Opportunities in China
China is a vast country with huge opportunities There are some difficulties and threats The opportunities are much bigger than the
dangers Currently, involved in low cost manufacturing The emerging internal Chinese market is the
future It is important to avoid competing with the local
Chinese market
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
The Recommended Sectors of Future Development
The Recommended Sectors for Future Development
Marketing and branding Education and training service China outsourcing The green sector The pharmaceutical industry Tourism industry Property section Luxury goods Manufacturing and automation And others
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
Doing Business in China - Awareness
Doing Business in China - Awareness
In order to do business in China successfully, it is vital to observe & understand Chinese business and social culture
The Chinese do not do business as you do in the West
Many business deals fail at the outset due to fundamental misunderstandings
It is important to understand the ethics, values, etiquette and protocol
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
My Thoughts and Business Experience in Malta
My Thoughts and Business Experience in Malta
China and Malta have a complementary relationship in terms of economy and trade
Future recommended cooperation: telecommunication equipment, alternative energy sources and other high technology and environment protection fields
The scale of trade and investment is small and trade behaviour is irregular
Some Chinese companies consider the Market in Malta to be very small
Maltese business people normally purchase Chinese goods through the internet or in other ways, without drafting and signing a formal contract
Few Maltese business people go to China by themselves on field visits to investigate Chinese companies & product information
It is recommended to work with China business consultants in order to minimise the risks, frustrations and disappointments
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
Conclusions
Conclusions Considering a strategy for China, but it is essential to
learn & understand the Chinese business culture
The increasing growth of the Chinese economy and consumer power
China is going to affect most businesses in Europe over the coming years
China market is something that is very important to all of you
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
© Camellia Universal Limited 2010© Camellia Universal Limited 2010
Quote
In Pursuit of Excellence !
“Excellence can be achieved, if we:Care more than others think is wise,Risk more than others think is safe,
Dream more than others think is practical,Expect more than others think is possible.”
Deborah Johnson-Ross
Thank you!
Thank you!
© Camellia Universal Limited 2010© Camellia Universal Limited 2010