China: the country of golden business opportunities
Some people might say that economic growth declined which resulted in less business, however facts illustrate the opposite. Due to among other things the Chinese government’s latest 10th Five Year Plan, and the establishment, support of Free Economic Trade Zones, and the government’s support of foreign technologies, opportunities arise in China for foreign companies. There are several ways to encounter with China in order to do business. If you however, want to truly dive in and grasp all opportunities to the fullest, it might be convenient to invest in a local establishment.
There are two ways to invest in China: legal and non-legal entities. The first category involves Wholly Foreign-Owned Enterprises (WFOE), Equity Joint Ventures (EJV), Cooperative Joint Ventures (CJV) and Joint stock Companies (JSC). The latter one includes representative offices, branches and CJVs.