Successful Business Activities in China and Asia

China's accelerating change into an ever more market-orientated system has for a result a colossal growth potential. Since the 1980s and the early 1990s the yearly growth ratio has slightly declined, but China still reports growth rates for which it is envied by its neighbors and its competitors. At the moment China is the fourth largest national economy and the third largest trading nation in the world. However, with an average per capita GDP of slightly more than $ 2.000 it is also the largest developing country in the world, which consequently puts China in an exceptional position among the world's developing countries. Even after 25 years of reformist politics China finds itself building up a socialistic market economy from a mainly agricultural to an industrial and service economy. Having become a member of the World Trade Organization (WTO) at the end of 2001 was not merely a formal obligation of China and the existing members to reintegrate it into the world economy, but also an evident sign to its public that this nation is opening up to the world.

The percentage of agriculture represents only 12 per cent of the GDP. This percentage continuously decreases whereas the percentages of industries (49%) and services (39%) ceaselessly increase in the long run.

The enormous potential of China cannot be denied nor ignored. Foreign investors surge into the country in great numbers yet very often underestimate cultural differences, Chinese characteristics and language barriers.

ClusterStar is able to advise your company with mixed teams consisting of Asian consultants as well as international consultants from countries other than China specialized in this matter in order to prepare your company for the upcoming challenges.

Together we can develop a concept which matches the specific characteristics of your enterprise with the delicate requirements of China.