You may have heard that China is becoming the world's leading country and even that Mandarin is the language of the future, right? And, although there are caveats here and there, these statements are nonetheless true. Made in China is just the forerunner of an increasingly expansive universe that permeates all areas of international trade. And there are many reasons why the Asian giant has established itself as one of the world's leading players.
As well as having the largest population in the world and a large amount of resources, China has turned its economy towards international trade in recent decades. The Chinese government, as well as the country's large companies, have understood the importance of inserting themselves into the global market and have even adjusted their government policies to attract foreign companies and make their local scenario more favorable to the visions of other countries. Today, it is possible to say that doing business with China has become synonymous with commercial success for any company wishing to break the bubble of its local market.
Also in recent decades, China has gone from being a technology user to a technology producer. And technological development has gradually become a driving force behind its economic growth. And while workers“ wage standards have risen over the years, China is still relatively cheaper than other world powers when it comes to manufacturing and production. The country earned its title as the ”factory of the world" because of its low costs, low taxes and competitive currency. In addition, Chinese culture values hard work and diligence, and this directly affects the performance of its companies' employees.
Chinese culture is also committed to innovation. In the last decade, China has invested considerable resources in innovation, challenging companies to develop new technologies and systems. Innovative cultures foster technological advances with incredible speed, and constant improvements to the technological infrastructure make it easier for these companies to be recognized internationally.
In 2019, the World Bank classified China as one of the 10 economies that have most improved the way they do business. Among the reasons listed is the facilitation of the import and export of goods. Afianci Global Networking has been working with imports and exports from China for more than 10 years and guarantees an excellent service for its clients, who include market giants from various segments. In addition, Afianci Experience currently has the ACE (Afianci China Experience) program, which promotes corporate trips to China to prospect and inspect suppliers in the country through a unique market experience.
Data: Safeguard Global / Xinergy Global
