As China becomes one of the biggest economies, an increasing number of small business from all over the world want to entry Chinese market to maximize their profit. However, some of them found that it is really hard to get involve into the Chinese market because they know little about local trade law and how to protect their intellectual-property rights. Moreover, the small corporations are facing furious competition in working system.
In my point of view, it is time for local government to think about how to benefit more on both trade sides. Providing consulting institutes and easier accessibility of business law can encourage more foreign companies, especially for small business to entry this huge market and bring more chances to make a connection between two countries. Furthermore, it is a chance to add shared value between the operation and both two countries. For example, a recent successful story involves sales of imported fresh foods on Alibaba’s Tmall portal increases the farmers’ income in America as well as gives Chinese customer a chance to enjoy imported food, which made huge benefit on both trade sides. Creating a shared value not only contributes to the society, but also a strategy which can give the company a larger profit as well as a better social reputation.
materials from: http://www.economist.com/news/business/21625886-it-hard-small-businesses-break-chinese-market-small-not-beautiful
picture from: http://cdn.static-economist.com/sites/default/files/imagecache/290-width/images/print-edition/20141018_WBD001_0.jpg