Alongside the rapid growth of China’s e-commerce market, Chinese consumers are becoming more sophisticated and have increasingly higher expectations of product safety
China’s vast F&B market is hugely attractive to foreign exporters. However, before they consider dipping their toes in the water they must ensure their IP is fully protected.
Levelling the playing field for SMEs in China: European Chamber’s recommendations included in revised China SME Promotion Act
First coming into effect in 2003, the SME Promotion Act underwent a recent revision in late 2016.
European SMEs are traditionally strong in the development of new technologies and providing related services.
Providing support to SMEs has been a long-standing policy of the European Union, particularly helping them to establish businesses and succeed overseas.
Having changed profoundly in just 10 years, it is perfectly conceivable that the pace of change to China’s business landscape will increase further over the next decade.
One of the keys to SMEs’ success is a focus on long-term economic growth and financial stability.
Although China is gradually shifting to a consumer-driven economy, opportunities for domestic consumer goods companies are actually becoming scarcer.