China

China

China is the fastest-growing economy in the world. Home to 20% of the globe’s population, its purchasing power is ranked second in the world, behind only the U.S.

China offers an entrepreneurial economy for expanding international firms. It is now so influential that it sets the benchmark for prices globally: the “China Price” is almost synonymous for the world’s lowest cost, with suppliers often requesting their major clients to open factories, or find subcontractors in the country. But in a nation with a population of over 1.35 billion, more than 40.6 million private businesses, and masses of factories, how can you find the right partner for your enterprise?

Also, when approaching China, looking exclusively at Beijing or Shanghai is limitative. For example, Zhengzhou, Lanzhou, and Xi’an serve as logistics clusters for the Western China region. Shenzhen, Xiamen and Hangzhou are major centres of electronics production, while Wuhan plays a critical role as a distribution hub for the Hubei province and the adjoining central China region. Do you have the resources to exploit the magnitude of the Chinese market?

Pulley Ascent can help you focus on the right target while expanding your reach to different Chinese hubs. Contact Us today to discuss your business requirements.