China_Business_Guide 2010.pdf

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DEVELOPING YOUR INTERNATIONAL TRADE POTENTIAL
China
Business
Guide
THIRD EDITION
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TRADE AND INVESTMENT SECTION DETAILS
AT THE BRITISH DIPLOMATIC POSTS IN CHINA
British Embassy Beijing
11 Guang Hua Lu
Jian Guo Men Wai
Beijing 100600
Tel: +86 (0)10 5192 4000
Fax: +86 (0)10 5192 4218/4441
British Consulate-General Shanghai
Suite 301, Shanghai Centre
1376 Nanjing Xi Lu
Shanghai 200040
Tel: +86 (0)21 3279 2000
Fax: +86 (0)21 6279 7388
British Consulate-General Guangzhou
7/F Guangdong International Hotel
339 Huanshi Dong Lu
Guangzhou 510098
Tel: +86 (0)20 8314 3000
Fax: +86 (0)20 8333 6485
British Consulate-General Chongqing
28/F Metropolitan Tower, Zourong Road
Yu Zhong District
Chongqing 400010
Tel: +86 (0)23 6369 1500
Fax: +86 (0)23 6369 1525
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Details of the provinces covered by each Trade and Investment section
are provided on the fold-out map at the back of this guide.
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China
Business
Guide
THIRD EDITION
3
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This guide was produced by the UK Trade & Investment China Markets Unit in collaboration
with the British Posts in China, International Trade Teams and the China-Britain Business Council.
Disclaimer
Whereas every effort has been made to ensure that the information given in this document is accurate,
UK Trade & Investment accepts no liability for any errors, omissions or misleading statements. It is
written in general terms and should be used as a guide only – not as a substitute for professional advice.
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Front cover image: Chongqing
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CONTENTS
INTRODUCTION
Why China?
6
About the China Business Guide
9
RESEARCHING THE MARKET
Where to begin
13
How we can help you
18
MARKET ENTRY
Choosing the right location
21
Wider opportunities in greater China
24
Establishing a presence
27
GETTING STARTED
Finding a customer or partner
39
Due diligence
40
Employing staff
43
Language
48
Marketing
50
Branding
52
Day-to-day communications
54
Interpreters
56
BUSINESS ISSUES AND
Introduction
61
CONSIDERATIONS
Intellectual property rights (IPR)
62
Certiication and standards
66
Getting paid and inancial issues
69
Insurance
72
Management, control and quality assurance 73
Bribery and corruption
74
Scams: how to avoid them
75
BUSINESS CULTURE
Relationship building
79
Getting started
80
Guanxi
81
The role of the state
82
Making conversation
83
Entertainment
84
Gifts
87
Meetings
88
Presentations
90
Deal making
91
Negotiating techniques
93
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