China Market

Rm 857, Jingxin Mansion, No.2
Dongsanhuabeilu
Chaoyang Dist.
Beijing, 100027
PR China

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China is the world’s second largest economy by nominal GDP and the world’s largest economy by purchasing power parity. Until 2015, China was the world’s fastest-growing major economy with growth rates averaging 10% over 30 years.

China is a global hub for manufacturing, and is the largest manufacturing economy in the world as well as the largest exporter of goods and is the second largest importer of goods globally. China is also the world’s fastest growing consumer market and is a net importer of services products.

It is the largest trading nation in the world and plays the most important role in international trade, and has increasingly engaged in trade organisations and treaties in recent years. China became a member of the World Trade Organization in 2001 and has also free trade agreements with several nations.

Opportunities

While the rise of China is easy to acknowledge, businesses constantly need to catch up with the speed and depth of change and development in China’s large and complex market space. Whether selling, trading, investing or franchising, China offers opportunities in abundance to companies from all over the world, particularly 1n the following sectors:

  • Finance, professional and business services;
  • Oil and gas;
  • Power generation;
  • Renewable energy;
  • Infrastructure;
  • Aerospace;
  • Automotive;
  • Advanced manufacturing;
  • Marine (systems and equipment, design, operations, yards);
  • Life sciences and healthcare;
  • Retail (groceries, luxury goods, e-commerce);
  • Culture (TV, gaming, advertising, attractions).

We explored options for nearshoring in different  countries. CCG helped us narrow down these options by providing comprehensive data allowing us to make an informed decision matching our priorities.

Kelkoo