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China - Factory of the World and 1.3 billions consumers

More and more companies find China as a low cost production facility or supplier. Therefore China is often called factory of the world.

1.3 billions potential consumers and a growing affluent middle class prefer Western lifestyle and appreciate goods “Made in Germany”. Therefore the Chinese consumer is for the business expansion of many enterprises of vital importance.

The ongoing and high economic growth and public demand lead to rising demand on high value industrial goods. The striking pollution and the increasing energy demand but still inefficient use of the relevant resources afford tremendous growth opportunities to German enterprises.

Conditions for a successful China business however are a good preparation and exhaustive skills on the social and cultural distinctions. Mainly the missing knowledge of the social and cultural distinctions causes often misunderstandings and causes finally the failure of the business.

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