Foreigners doing business in China often face unique challenges and opportunities. Here are some insights from HiTouch interviews with different foreigners from various sectors, highlighting the types of businesses they run, how they operate in China, and how to maximize profits.
Foreign entrepreneurs in China are involved in a wide range of industries, from trading to manufacturing and services. For example, some run trading companies focusing on e-commerce solutions, while others manage to manufacture plants producing goods for both domestic and international markets. Retail businesses, including fashion and food, are also popular among foreign business owners.
Operating a business in China requires a deep understanding of the local market and regulatory environment. Successful foreign entrepreneurs emphasize the importance of building strong relationships with local partners and government officials. This helps navigate the complex regulatory landscape and ensures compliance with local laws.
HiTouch offers a range of services to assist foreigners in operating businesses in China. These services include opening bank accounts, establishing Hong Kong companies, obtaining China visas, and handling tax and accounting matters, etc. Feel free to scan the QR code below to get in touch!