Malaysia Industrial News, Market News Asia, Industrial News Malaysia

More Industrial News Updating Soon. If you want to add your company information at our website, please email us at enquiry@mni.com.my , we will get back to you as soon as possible. Thank you.

Business In China

China has proved to be one of the most attractive economies where the Foreign Direct Investment or FDI is concerned. This has been possible because of the continuous expansion of the domestic market as well as the sustained increase of the economic growth rate. However, the same cannot be said about the returns that the foreign investors expect of the investments in the long term. Very often uncertainties linger regarding this, as there exists various restrictions over the foreign policies together with unreliability of the legal system that is lacks the required transparency.

Compared to those imposed by other countries, potential investment restrictions of the Chinese economy happen to be stricter in nature. Though it attracts criticisms, China was seen to respond quickly to the global recession which got inflicted upon the world economy in 2008 and its GDP rate saw rise being 9.2%. 10.3% and 9.2% in 2009, 2012 and 2011, respectively. Economists have predicted that the GDP rate of 2012 will be roughly 7.5% and in 2013, the same is expected to be somewhere between 8.3-8.8%. Where the FDI is concerned, China saw a hike of almost 15.9 percent from 2010 to 2011 which in figures, resulted at 95 billion dollars.

All these figures and various statistics can lead to the conclusion that as a whole, China is a fast developing country that has several opportunities in various sects of the industry, both in the urban as well as the rural areas. The economy of the China has different features that can work for the best or for the worst, but it really does make an interesting economy to explore. Here is how:

Existence of an agent or a distributor:
The Chinese economy attracts various overseas participations, which also include exports coming from the SMEs. These SMEs, unlike the big guns like the multinationals or even the international companies, work through regional distributors or agents for expanding their business as well as building their sales network. These agents assist in collecting market information for the local as well as the national market and are also help in keeping track if any kind of updates is found regarding market regulations.

Most important opportunities:
One has to have a thorough knowledge of the market before attempting to do business. Especially in the case of exporters, they should have absolute willingness in devoting a great deal of time in exploring different opportunities that will make their way. One of the main keys of success in the Chinese market is to build long-term relationships with people of different levels in different organizations. With the growth that has been seen in the sectors like chemicals, energy, transport, one can safely say that China is an important market for a variety of products as well as services.

Strategy adopted in the Chinese market:
Before deciding to do business in Chinese market, it is always advisable to the company that it should visit the country to get the actual vibe as well as better understanding of the Chinese economy. It is a more or less volatile market with different opportunities and thus a personal visit would definitely benefit the company, as it will help in providing valuable insights regarding the business and market culture of the country. Moreover, there is a small but important trivia for the exporters wanting to have a go at the Chinese economy. They should know that the country has different regions and each of them have its own distinct economic as well as social features. Moreover, most of the foreign companies tend to take the assistance of a local agent who acts as the middleman who helps in the proper promotion of the foreign products as well as services because of their contacts in the local markets. Because of all these diversities, any company is advised to understand the different market policies regarding customers, distributors, and suppliers.

After sales services provided to customers:
One of the most important policies that a company can adopt is to provide proper after sales services to its customers that can make a huge difference in the customers? viewpoint of the company. Different foreign invested enterprises and various wholly owned companies are now successfully providing the above-mentioned services in the Chinese market. These companies are gradually acquiring a strong hold in this economy and one can say that these kinds of after sales services, training in customer services has played an important role which have lead their path to success.

Selling techniques used in the Chinese market:
Doing business in the Chinese economy can be quite tricky. Where on one hand the Chinese people welcome foreign made items, they still prefer the manuals and catalogues to be in pure Chinese. They do require the support of a local representative of the foreign products that they are using. This should be kept in mind by the exporters as a major percentage of their success depend on this point because, though the English language is used in almost all the major cities, still it has got its limits. Again, as we have discussed earlier, Chinese people believe in building a strong relationship with their business partners. This might require the investment of quality time which could mean even many months. But the foreign importers, investors, exporters should preferably try to maintain a cordial as well as close relation with their Chinese partners as this would ultimately lead to their success in the business front.

For all these reasons, Chinese economy is a very attractive as well as a fast growing economy that still keeps the light of having a strong bond alive in the business relations, which is seen to be missing from almost every other economy of the world. In that way, it is a deep economy. It has its own pros and cons and one really needs to explore this economy to its potential in order to have success from the same.


Janice: This is very informative website, focused on ways to think of the model of business, including introduction to several related topics... with some nice guidelines..

Government & Companies Websites

Malaysia Exhibition

Industrial Directory

Team Building Program

Business Consultant

KSN Malaysia

Laboratory Furniture

LVL Pallet Manufacturer

Novum Bangsar South is a Freehold residence located in Bangsar South.

The Fiddlewoodz KL Metropolis Corporate Website

Renovation Pages is the latest renovation directory and connect all Renovation Contractors, Main Contractor, Builders Companies in Malaysia.

SK iWealth is one of the top financial planner Penang specializing in integrated 4R method for High net worth individuals to achieve Financial Abundance.

Greatocean offers a wide range of engine oil products to meet your needs. As a leading engine oil distributor and Valvoline oil distributor in Malaysia, you can trust Greatocean to provide you with the highest quality motor oil and car engine oil in Malaysia.

Others Web Listing

Preschool Malaysia provide the Directory of kindergarten in Malaysia.

Hair Transplant - Dermatologist Malaysia (Dr. Ruban)

Milestone Production committed in creating experiential event. They are best event management company in Malaysia.

Chop Yew Lee Petroleum is Caltex Lubricant Distributor in Malaysia supplying Lubricants, Diesel & etc.

AMS specializes in developing event packages customized to client's needs, they are the best event organizer in Malaysia.

D Ivo Exsim is built around developed neighbourhoods of KL. Interested buyer can visit their website for more detail.

DGlobalCar specializes in providing exceptional Wedding Car Rental services, offering a fleet of luxurious vehicles to add elegance and a memorable touch to your special day.

Machlab is a distinguished provider in the Southeast Asian market, specializing in high-quality cleanroom furniture as part of its comprehensive range of laboratory and industrial products and services.

Other News Websites

Your source for Malaysia latest news http://thestar.com.my

Read the latest breaking Malaysian property and real estate news, reviews and market about property.

Ultra Span is a leading provider of innovative and environmentally sustainable wastewater treatment Malaysia

KYP Builders offer best renovation services and house renovation in Klang Valley, Petaling Jaya.

Intellect Worldwide is the leading trademark agent Malaysia and best consulting firm that offers the professional services of patent, franchise & etc.

FRHE excels in providing AHU Coils that are known for their outstanding performance and longevity, with variety of cooling and heating applications.

Drive your business forward with M8 M12 SACC Sensor Cables, delivering unmatched reliability in industrial applications. Enhance your enterprise efficiency with these high-quality sensor cables.



Disclaimer: All articles here are submitted by registered user and it is free to register at our website. We will not be liable for any loss of use, data, profits or non-deliveries, misdeliveries, suspension or interruption, termination of service of the accuracy, reliability, availability and timeliness of the service.

You are here: Industrial News Business In China