Introduction As a part of our Fb& E course we have to compalsary do a country visit and visiting

800 WordsApr 23, 20194 Pages
Introduction As a part of our Fb& E course we have to compalsary do a country visit and visiting China & Hong Kong was a part of the course. The trip was for 15 days and I was unable to visit the domestic companies due to an external event of Swayam Club whose prior permission was taken. This visit was undertaken to understand the global scenario for doing business as China is one of the biggest hub for doing business. Business Environment China is one of the biggest markets in the world. China’s immense diversity, complexity, variety & immense competitive intensity are unrivalled in the world. China’s historical development, political structure, climate & its foreign relation influence its economy & foreign trade. China’s…show more content…
In 1981 the industrial product prices were liberalized & private enterprise was allowed to setup factories in rural areas. In 1984 China allowed of forming of Town Village Enterprise which is a person co-operative in small and medium scale industry engaged in light manufacturing & services. It helped in absorbing surplus labour. It resulted in growth of China. MNC are encouraged to have joint ventures but now even wholly owned MNC’s are also allowed in China. SEZ were stared in China to encourage FDI in Shenzhen, Zhuhai, Shantou & Xiamen. Details of places visited  Shanghai: Shanghai is the one of the largest city by population in China and the largest city proper in the world. It is province-level municipalities in the People's Republic of China. It is divided into two parts by a river. It is a global city, with effect in commerce, culture, finance, media, fashion, technology, and transport. It is one of the major financial centre and the busiest container port in the world. It is situated in the Yangtze River Delta in East China. Shanghai is famous for Shopping Streets, Skyscrapers, Event Venues, and Clothing & Fashion. Its major exports include Electrical Machinery & Equipment, Woven Apparel, Footwear, and Toys & Sporting Goods. The Key Industries: Textiles, Garments, Footwear, Toys, Crude Oil, Electrical Appliances, Sports. The major items are goods, Telecommunication Equipment, Pharmaceuticals, Steel

More about Introduction As a part of our Fb& E course we have to compalsary do a country visit and visiting

Open Document